What's on Your Mind?

Humans have long been transfixed by the moon, awed and inspired by its reassuring presence in the night sky and its influence on the tides. In recent decades, though, our fascination with our nearest celestial neighbor has become somewhat more opportunistic: The moon contains valuable resources, and governments and companies are eager to get their hands on them. One such resource is helium-3 (He-3), a gas that some experts say could unlock clean and abundant energy on Earth as a fuel for fusion. It’s this gas that Interlune, a Seattle-based startup, has its sights on. The company wants to be the first to commercialize space resources, starting with He-3, which it pla…

The Soviet Union launched over a dozen probes to Venus—most successfully. But one never made it past Earth’s orbit and has, in fact, stayed there since 1972. Now, over 50 years later, the one-meter-large Kosmos 482 is coming home, albeit a bit haphazardly. The 1,091-pound craft, also known as Kosmos 482 and Venera 8, is predicted to reach reentry within nine hours of 1:54 a.m. ET on May 10, according to the Center for Orbital and Reentry Debris Studies (CORDS). In other words, this could be late afternoon today or sometime tomorrow morning. If you think the when is varied, wait until you hear about the where. Aerospace, the American nonprofit resea…

Update Thursday, 2:13 p.m.: MNTN Inc, the advertising technology company that counts Hollywood actor Ryan Reynolds as its chief creative officer, made its market debut on Thursday, in a closely watched initial public offering (IPO) that is testing investor appetite for the rapidly growing segment of ad-supported streaming television. Shares in the Austin-based company were up more than 14% in midday trading to over $24, after opening at $21. On Wednesday, the stock was priced at $16 a share, the higher end of the company’s expected range, in an offering led by Morgan Stanley, Citigroup, and Evercore ISI. The stock listed on the New York Stock Exchange (NYSE) under…

The hottest parties right now are happening in the metaverse. VRChat, a video-game-like social platform hosted in virtual reality, saw more than 130,000 people in attendance on New Year’s Day 2025, according to a VR culture blog. Before 2020, VRChat had hardly seen more than 20,000 concurrent users, according to Wired. While virtual clubbing began in the early 2000s on platforms like Second Life, VRChat, and AltspaceVR, the COVID-19 lockdowns brought a new wave of virtual ravers as traditional nightclubs closed and people looked for online alternatives. Today, VR clubbers line up each week for dozens of fully immersive virtual parties hosted across the U.S., Europ…

Some important news for million of 23andMe customers, past and present: the genetic testing company notified customers on Sunday, they now have until July 14 to file potential claims as the company navigates Chapter 11 bankruptcy, according to according to TechCrunch. The DNA testing firm, which filed for bankruptcy in March, along with 11 of its subsidiaries, must pay customers as part of its bankruptcy restructuring process. FastCompany has reached out to 23andMe for comment. 23andme, which provided DNA analysis to offer insights into ancestry, health traits, and genetic risks filed for Chapter 11 after it rejected acquisition offers and its market value pl…

UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. Chairman Stephen Hemsley will become CEO, effective immediately, the Minnesota company said. Hemsley was UnitedHealth Group CEO from 2006 to 2017. He will remain chairman of the company’s board. Witty will serve as a senior adviser to Hemsley. “Leading the people of UnitedHealth Group has been a tremendous honor as they work every day to improve the health system, and they will continue to inspire me,” Witty said. Witty joined the company in 2018 after serving about nine years a…

Rite Aid is plotting an immediate wind-down of operations at dozens of additional locations as it scrambles this week to sell off its pharmacy assets and retail operations to potential bidders. The drugstore chain, which last week sought Chapter 11 bankruptcy protection for a second time, has marked 68 locations in seven states for closure, meaning it wants to promptly start the process of going-out-of-business sales. The list was disclosed in a filing on Friday with the United States Bankruptcy Court for the District of New Jersey. Interested parties have until May 19 to object to the additional closings, according to the filing. Fast Company has reached out to R…

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Long before the The President administration tapped Elon Musk to cut federal costs and headcount via the Department of Government Efficiency (DOGE), business leaders and politicians have been trying to find ways to make government leaner, less bureaucratic, and more like a well-run corporat…