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The week is not off to a great start for much of the internet. In the early hours of the morning Pacific time, internet users around the world began experiencing issues with accessing various apps, websites, and platforms. Shortly after, a culprit emerged: Amazon Web Services (AWS)—or, more specifically, an outage at Amazon’s cloud computing platform. Here’s what you need to know about the AWS outage and what websites are affected. What’s happened? At around midnight Pacific time, internet users around the globe began experiencing issues accessing high-trafficked parts of the internet. Websites like Reddit, services like Lyft, and even apps from resta…

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…

Americans are growing increasingly concerned about their ability to find a good job under President Donald The President, an Associated Press-NORC Center for Public Affairs Research poll finds, in what is a potential warning sign for Republicans as a promised economic boom has given way to hiring freezes and elevated inflation. High prices for groceries, housing and health care persist as a fear for many households, while rising electricity bills and the cost of gas at the pump are also sources of anxiety, according to the survey. Some 47% of U.S. adults are “not very” or “not at all confident” they could find a good job if they wanted to, an increase from 37% when the …

U.K. banks and government tech systems going down. University students in Australia struggling to complete their coursework. Homes across Europe losing access to their Ring doorbells. While you were sleeping, large parts of the Amazon Web Services (AWS)-based internet went offline around the world. According to the AWS outage monitor, the problem stemmed from a misconfiguration of Domain Name System (DNS) resolution within the company’s cloud infrastructure. The problem was remedied within three hours of being encountered—by people unable to log onto Roblox or search the web with Perplexity. But the outage highlights just how much the web’s day-to-day function…

French luxury goods company Kering said Sunday it is selling its beauty division to L’Oreal for 4 billion euros ($4.66 billion). Under the agreement, Clichy, France-based L’Oreal will acquire the House of Creed high-end fragrance company as well as licenses to create beauty and fragrance products for Kering brands like Gucci, Bottega Veneta and Balenciaga. The companies said they will establish a strategic committee to ensure coordination between Kering brands and L’Oréal. Kering and L’Oréal said they are also exploring joint business opportunities in the wellness and longevity market, combining L’Oreal’s innovation with Kering’s deep understanding of luxury clients. T…

On a recent weekday in Aspen, Colorado, Stu Landesberg stood with a group of firefighters on a mountainside and watched a drone take off and fly toward a simulated fire. The drone detected the “hotspot”—a pile of ice, since wildfire risk was too high that day for real flames—and then aimed and blasted it with fire suppressant. The test flight was one of thousands that Landesberg’s startup, Seneca, has run while operating in stealth mode over the last several months. The company officially launched today, announcing that it has raised $60 million. It aims to reshape wildfire response—and help protect wildfire-prone communities in a way that hasn’t been possible until n…

A popular frozen food producer has recalled nearly 92,000 pounds of breakfast burrito and breakfast wrap products that contain eggs due to a risk of contamination with Listeria monocytogenes. The ready-to-eat burritos and wraps were recalled after the producer, M.C.I. Foods, discovered a positive Listeria result while doing routine testing on scrambled eggs from external suppliers, according to a recall notice posted by the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS). The recall impacts multiple brands supplied by M.C.I. Foods, including some that contain branding from the popular Minions animated franchise. The California-base…

President Donald The President said Sunday that the United States could purchase Argentinian beef in an attempt to bring down prices for American consumers. “We would buy some beef from Argentina,” he told reporters aboard Air Force One during a flight from Florida to Washington. “If we do that, that will bring our beef prices down.” The President promised earlier this week to address the issue as part of his efforts to keep inflation in check. U.S. beef prices have been stubbornly high for a variety of reasons, including drought and reduced imports from Mexico due to a flesh-eating pest in cattle herds there. The President has been working to help Argentina bolster i…

China’s economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2% pace of growth in the previous quarter, the government said in a report Monday. In January-September, the world’s second largest economy grew at a 5.2% annual pace. Despite U.S. President Donald The President’s higher tariffs on imports from China, its exports have remained relatively strong as companies expanded sales to other world markets. China’s exports to the United States fell 2…

On September 30, OpenAI launched its new Sora social network, powered by its Sora 2 video generation model. To call Sora’s launch successful is a gross understatement. Despite “invite only” access and restrictions outside North America, Sora exploded to over 1 million users in only five days. That’s faster than ChatGPT’s user base grew after its own record-setting launch. Sora is a vertical video app, aping the interface and user experience (short clips, vertical swiping to select a new video, Likes and Shares) of every other app in its category. Except with Sora, there’s a key difference–every video on the app is explicitly and joyfully fake. I resorted …

How do modernist transportation planners recommend handling congestion? By recommending new vehicle lanes. What happens when you build new vehicle lanes to handle traffic congestion? The vehicle lanes fill up with more traffic congestion. As they themselves have said for decades, you cannot build your way out of congestion. But every week you can do a quick internet search to see a bunch of new attempts. ‘Induced demand’ I’ve been hearing planners and engineers say “we can’t build our way out of congestion” since the 1990s, when I began my career. The wonky term that describes why adding more lanes doesn’t eliminate congestion is “induced demand.” Transportation p…

China likes to condemn the United States for extending its arm too far outside of its borders to make demands on non-American companies. But when it sought to hit back at the U.S. interests this month, Beijing did exactly the same. In expanding export rules on rare earths, Beijing for the first time announced it will require foreign firms to obtain approval from the Chinese government to export magnets containing even tiny amounts of China-originated rare earth materials or produced with Chinese technology. That means a South Korean smartphone maker must ask for Beijing’s permission to sell the devices to Australia if the phones contain China-originated rare earth mater…

In a stunt that’s surely destined for Netflix adaptation, this weekend a group of thieves broke into the Louvre in broad daylight and stole nine pieces of priceless jewelry in less than seven minutes. Prediction markets are already betting on whether the robbers will be caught. Prediction markets, including popular sites like Polymarket and Kalshi, are platforms dedicated to betting on current events including elections, sports events, and even cultural moments. In the past, they’ve been used to gamble on the next pope, the incoming editor of Vogue, and even whether the “Coldplaygate” couple would each get a divorce. Now, as French police desperately search for th…

Apple stock just soared to an all-time high, and it might be thanks to the new iPhone 17. On October 20, Apple shares (NASDAQ: AAPL) surged to more than $264 apiece, topping out their last peak at $258.10 in December 2024. As of this writing, the company is trading up 8% since the start of the year and more than 11% year-over-year. The spike appears to be a reaction to a study published today by the technology market research firm Counterpoint. According to the report, the iPhone 17 series has outsold the iPhone 16 series by 14% in its first 10 days of availability in the U.S. and China. While the numbers are not yet official (Apple is expected to share more d…

Get ready to hurry up and wait. As delays and cancellations continue to pile up at the nation’s busiest airports during the weeks-long government shutdown, some travelers who have been anticipating extra headaches are hedging their bets with extra insurance protections. According to data shared with Fast Company from the price comparison service InsureMyTrip, 10% of travel insurance policies purchased in September and into October have included “cancel for any reason” (CFAR) coverage. That’s the highest percentage of the year so far and above the average of 8% seen from January through August, InsureMyTrip says. The additional protection, which can incr…

President Donald The President responded to this weekend’s massive ‘No Kings’ protests with an AI-generated video of him in a fighter jet, dropping what appears to be sewage (or poop) on American protesters, and told reporters on Sunday that the nearly 7 million people who attended the nationwide rallies “are not representative of the people of our country.” “The regime can’t decide if this was a violent insurrection or if it was such a bust that it never happened, but regardless, The President is clearly pissed,” Ezra Levin, co-executive director of the protest’s organizing group, Indivisible, said in a statement emailed to Fast Company. In that 19-second video, …

With no end in sight for the political standoff that shuttered the federal government, funding for some key programs is drying up. More than 40 million Americans may not see their food stamps issued next month, as the government shutdown extends into its third full week. Some states have begun warning their residents of the looming threat to the Supplemental Nutrition Assistance Program, better known as SNAP. “Because Republicans in Washington D.C., failed to pass a federal budget, causing the federal government shutdown, November 2025 SNAP benefits cannot be paid,” a notification on Pennsylvania’s SNAP info page reads. New York Governor Kathy Hochul demanded …

Hannah Alsark says that Adobe’s top clients—the owners of some of the most protected, most valuable brands and IP in the world—had a stark message for the company regarding Firefly, its generative AI engine: They wanted more, and they wanted better. “They told us they actually needed models that understood all their products, all their brands, their creative direction,” says Alsark, Adobe’s VP of GenAI New Business Ventures. “They have characters, they have particular motion styles, and they needed us to train on that.” Firefly—which uses prompts to create assets across all Adobe’s vector, bitmap, and motion apps—couldn’t do this because it doesn’t understand bra…

Stocks are climbing on Wall Street Monday and pulling near their records following last week’s roller-coaster ride. The S&P 500 rose 1% and got back within 0.4% of its all-time high set earlier this month. The Dow Jones Industrial Average was up 358 points, or 0.8%, and the Nasdaq composite was 1.4% higher just before noon Eastern time. Cleveland-Cliffs helped lead the way with a jump of 24% after the steel company’s CEO, Lourenco Goncalves, said it would provide details soon about a potential deal with a major global steel producer that could mean bigger profits. He also said Cleveland-Cliffs has potentially found rare earths at sites in Michigan and Minnesot…

President Donald The President and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent’s rich rare-earth resources when China is imposing tougher rules on exporting its own critical minerals abroad. The two leaders described the agreement as an $8.5 billion deal between the allies. The President said it had been negotiated over several months. “Today’s agreement on critical minerals and rare earths, is just taking” the U.S. and Australia’s relationship “to the next level,” Albanese added. This month, Beijing announced that it will require foreign companies to get approval from t…

The Federal Reserve’s influence on the economy is immense, and often misunderstood. President of the San Francisco Fed Mary Daly gives an exclusive, firsthand look into the central bank’s daily decision-making, explaining how the Fed’s policies, at both the regional and national level, ripple through society. From housing prices to immigration’s impact on labor, Daly weighs the major factors shaping the U.S. economy. As political and market pressures mount, she reflects on what it means to lead with discipline and data, and what every business leader can learn from the Fed’s balancing act. This is an abridged transcript of an interview from Rapid Response, hosted by t…

E-commerce continues to eat up ever-increasing share of the U.S. retail market: Americans bought more than $3.3 billion of items online every day in the second quarter of last year, according to U.S. Census Bureau data. Online retail’s share of spending is increasing with every year that passes. Traditionally, that’s meant typing a term or phrase into a search bar and clicking through to a shopping basket. But the AI revolution is poised to swamp online retail, too, with agentic AI set to shop on behalf of customers. The e-commerce sector is rapidly preparing for what’s about to come—an influx of non-human customers acting on behalf of humans. “We avoid hype aroun…

AI is often sold as the ultimate productivity hack. Just imagine: the report you dreaded writing, drafted in seconds. The spreadsheet you didn’t want to touch, analyzed instantly. The code that once took you days, generated before lunch. For professionals who already struggle with overwhelm and the daily battle to manage their time, AI feels like salvation. At Lifehack Method, where we help clients master time management and build systems for living fulfilling, balanced lives, we see this every day. People are desperate for tools that promise to take the weight off their shoulders. AI seems like the next logical step in that search. There’s no denying the dopamine hit…

So long, nine-to-five. There’s a new work schedule that’s taking over. The grueling “996” schedule—which stands for 9 a.m. to 9 p.m., six days a week—is gaining momentum across the U.S., especially in certain industries. If a 72-hour work week sounds all-consuming, that’s precisely the point. The 996 schedule—which became popularized in China, eventually leading to protests and even claims that it led to a handful of worker deaths—is meant to foster a eat-sleep-work lifestyle. Keith Spencer, a career expert at FlexJobs, told Fast Company that the trend is most commonly being seen across AI startups that “are embracing this approach to accelerate growth and remain comp…

When Accenture announced plans to lay off 11,000 workers who it deemed could not be reskilled for AI, the tech consulting giant framed the decision as a training issue: some people simply cannot learn what they need to learn to thrive in the world of AI. But this narrative fundamentally misunderstands—and significantly underplays—the deeper challenge. Doug McMillon, the CEO of Walmart, pointed to this bigger challenge recently when he said, “AI is going to change literally every job.” Now, if this turns out to be true, every role will have to be reimagined. And when every role changes, this is more than a change in each job or even a specific field. It implies a profo…