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Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology as a whirlwind of investments and excitement about artificial intelligence has propelled the stock market to new highs. Chambers took a similarly meteoric ride in his early days running Cisco, which had a market value of about $15 billion in 1995, when networking equipment suddenly became must-have components for the buildup of the internet. The feverish dem…

Shares in AppLovin Corp were up slightly in premarket trading today after falling by double digits on Monday. The volatile movement follows a Monday report about a rumored probe by the Securities and Exchange Commission (SEC), which reversed the fortunes of what had been a high-growth tech stock for much of 2025. Here’s the latest on AppLovin and what to know: What was reported about AppLoving? On Monday, Bloomberg reported that the SEC was looking into the ad tech company’s data collection practices in response to a whistleblower complaint and multiple short-seller reports published earlier this year. Specifically, the regulatory agency is looking into whethe…

Transportation Secretary Sean Duffy said Monday that the government shutdown is putting more stress on air traffic controllers who already have an extremely stressful job, as well as threatening a program that small communities rely on to help subsidize airline service. Controllers are expected to continue working without a paycheck, Duffy said, so they are now worried about how to pay their bills in addition to worrying about keeping flights safe. And there have started to be instances of controllers calling out sick, leading to delays at several airports Monday. “Now what they think about as they’re controlling our airspace is, how am I going to pay my mortgage? How d…

Democrats believe health care is an issue that resonates with a majority of Americans as they demand an extension of subsidies in exchange for their votes to reopen the shuttered U.S. government. But it is also one of the most intractable issues in Congress — and a real compromise amid the government shutdown will not likely be easy, or quick. There are some Republicans in Congress who want to extend the higher subsidies, which were first put in place in 2021 amid the COVID-19 pandemic, as millions of people who receive their insurance through the Affordable Care Act marketplaces are set to receive notices that their premiums will increase at the beginning of the year. B…

Kentucky’s attorney general claimed Tuesday that the online gaming platform Roblox has become a “playground for predators” as he announced a lawsuit accusing the company of lax child safety measures. The Kentucky suit, filed by his office Monday in a state court, is the latest action alleging that the wildly popular site isn’t doing enough to protect children on its gaming services. To bolster safeguards for children and teenagers flocking to the site, the company needs to install effective age verifications and content filters, Kentucky Attorney General Russell Coleman said. Added parental notifications also are needed, he said. Courtney Norris, a Kentucky mother of t…

Flight delays and disruptions at U.S. airports have persisted for a fourth consecutive day due to staffing issues stemming from the government shutdown, which began on October 1. Air traffic controllers are expected to work without pay during the shutdown. As federal employees begin to feel the financial impact of the shutdown, many are calling out of work. And as the shutdown continues, many airports are struggling with growing staffing issues. Over 16,000 flights have been delayed since Monday According to FlightAware, which tracks flight delays, disruptions, and cancellations, as of late Thursday morning, more than 16,000 flights flying into, within, or out …

Venezuelan opposition leader María Corina Machado won the Nobel Peace Prize on Friday for her struggle to achieve a democratic transition in the South American nation, winning recognition as a woman “who keeps the flame of democracy burning amid a growing darkness.” The former opposition presidential candidate is a “key, unifying figure” in the once deeply divided opposition to President Nicolás Maduro’s government, said Jørgen Watne Frydnes, chair of the Norwegian Nobel committee. “In the past year, Ms. Machado has been forced to live in hiding,” Watne Frydnes said. “Despite serious threats against her life, she has remained in the country, a choice that has inspired m…

A potentially worrisome trend is emerging among young adults. Instead of landing a job and moving to the big city after graduation, many are moving back into their childhood homes instead. About 1.5 million more adults under 35 live with their parents today than a decade ago. That’s a 6.3% jump, more than double the rate of growth for the young adult population overall. The issue is affordability. Over the past decade, urban rents have climbed about 4% per year, while wages for full-time workers have increased by only 0.6% annually. That means it’s harder than ever to live in a big city on the typical salary—especially if you’re a new graduate without much work experi…

In September 2023, we thought we had done something revolutionary. Helios AI became the first company in our industry to launch a generative AI agent. We called her Cersi. She was designed to help food companies understand the climate risks threatening their agricultural supply chains. She was powerful, intuitive, years ahead of the curve—and almost completely ignored. At the time, ChatGPT had just exploded onto the scene, and the hype around AI was deafening. Headlines promised that AI would transform every corner of business. Venture capital poured into the sector. But hype doesn’t always translate into real-world use—especially in industries that aren’t built to ad…

OpenAI and Broadcom have formed a multibillion-dollar partnership to develop OpenAI-designed chips. Under the deal, OpenAI will design the chips to its own specifications and Broadcom will manage the development and fabrication of the chips, as well as help with their deployment. The companies plan to deploy enough chips to require 10 gigawatts of electrical power beginning in mid-2026, and running through 2029. Broadcom stock jumped almost 10% on the announcement Monday. The deal marks the second major move by OpenAI to reduce its dependence on Nvidia, which now dominates the AI chip market—the company announced a partnership with chipmaker AMD last week. …

Thirteen months after filing for Chapter 11 bankruptcy protection, Metro Mattress Corp. is set to become the latest brick-and-mortar chain to wind down operations in 2025. The New York-based bedding retailer has disclosed in a court filing that it plans to shutter its remaining stores after some 21 attempts to find a buyer or strategic partner that would have allowed it to continue. Headquartered in Syracuse, Metro Mattress had 70 locations across New York and four New England states when it sought Chapter 11 protection in September 2024. At the time, it said it planned to close roughly two dozen of those stores and refocus its efforts specifically on its New York…

California Gov. Gavin Newsom on Monday vetoed landmark legislation that would have restricted children’s access to AI chatbots. The bill would have banned companies from making AI chatbots available to anyone under 18 years old unless the businesses could ensure the technology couldn’t engage in sexual conversations or encourage self-harm. “While I strongly support the author’s goal of establishing necessary safeguards for the safe use of AI by minors, (the bill) imposes such broad restrictions on the use of conversational AI tools that it may unintentionally lead to a total ban on the use of these products by minors,” Newsom said. The veto came hours after he signed a…

Amid dramatic disruption, what role should business play in building the future? Airbnb cofounder and CEO Brian Chesky shares his candid perspective on business, politics, creativity, and AI—tracing from Airbnb’s humble beginnings to bold plans for the company’s future. Through a designer’s lens, Chesky also reveals the single question leaders must ask themselves, and explores how best to make tricky decisions in a volatile climate. This is an abridged transcript of an interview from Rapid Response, hosted by Robert Safian, former editor-in-chief of Fast Company, and recorded live at the 2025 Masters of Scale Summit in San Francisco. From the team behind the Masters …

Senate Democrats are poised for the 10th time Thursday to reject a stopgap spending bill that would reopen the government, insisting they won’t back away from demands that Congress take up health care benefits. The repetition of votes on the funding bill has become a daily drumbeat in Congress, underscoring how intractable the situation has become as it has been at times the only item on the agenda for the Senate floor. House Republicans have left Washington altogether. The standoff has lasted over two weeks, leaving hundreds of thousands of federal workers furloughed, even more without a guaranteed payday and Congress essentially paralyzed. “Every day that goes by, the…

Last night, New Yorkers and viewers across the country tuned in to watch the first general election debate for mayor of New York City. And as far as debates go, this one was charged, full of spats, and came with a direct and thoroughline of questioning that didn’t leave anything off the table. Within minutes, Democrats Andrew Cuomo (who is running as an independent) and Zohran Mamdani, and Republican nominee Curtis Sliwa, made clear that they came not just prepared to share their positions, but also to follow up, push back on criticisms or mistruths, and repeatedly fire well-rehearsed jabs at one another. The trio let viewers know just how different they are—not…

One of the stocks with the highest surges in premarket trading this morning is Beyond Meat, Inc. (Nasdaq: BYND). As of the time of this writing, shares in BYND are up a staggering 67% before the opening bell. But what’s driving this surge? Here’s what you need to know. Beyond Meat’s recent struggles Today’s premarket stock price jump follows a significant rally on Friday for Beyond Meat, the California-based producer of plant-based meat alternatives, whose shares closed up more than 24% to end the trading week at 64 cents per share, according to data from Yahoo Finance. The stock price surge, which is now in its second trading day, may come as a surprise t…

Shares in GSI Technology, Inc. (Nasdaq: GSIT) are soaring for the second day in a row. The company, which specializes in semiconductor memory solutions, saw its stock price skyrocket 155% yesterday. Today, GSIT shares are up another 39% in premarket trading as of the time of this writing. But why? Here’s what you need to know. What is GSI? GSI Technology is a provider of semiconductor memory solutions. That means it specializes in developing memory chips and products that help process data. Though the company isn’t as well-known as the bigger semiconductor memory solutions giants like Micron or Intel, it has been a staple of the semiconductor industr…

Don’t look now, but meme stock mania appears to be back with a vengeance this week. This time around, Beyond Meat, Inc. (Nasdaq: BYND) and Krispy Kreme, Inc. (Nasdaq: DNUT) are the two main stocks getting all the attention from meme investors. Here’s what you need to know. Beyond Meat shares skyrocket again On Monday, Fast Company reported on the surging share price of Beyond Meat, the producer of plant-based meat alternatives. The company started the trading week by enjoying a stock price surge of more than 67% in premarket trading that day. But far from any change in the company’s financial fundamentals, what seemed to be driving shares higher were short…

Late-night talk shows are a uniquely American invention that blend humor, the news of the day, and celebrity guests. While Johnny Carson was not the first late-night host, he perfected the genre through trial-and-error during his 30-year tenure on NBC’s The Tonight Show, setting the standard for years to come. As the longest-running host in the show’s 70-year history, he became a permanent fixture in the culture zeitgeist and a kingmaker and queenmaker, giving many comedians such as Joan Rivers, Drew Carey, and Ellen DeGeneres their big breaks. Recently, late-night talk shows have been making headlines for unexpected—and possibly politically motivated—reason…