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CoreWeave stock dropped 8% Monday after the AI cloud computing company announced plans to raise another $2 billion, this time through convertible debt, to finance its rapid build-out of new data centers. On Tuesday, the company said it would increase the total offering to $2.25 billion. CoreWeave, which sells access to powerful Nvidia GPUs to run AI models, may be a bellwether in an industry placing unprecedented bets on an AI boom they believe is around the corner. CoreWeave is a “pick-and-shovel” infrastructure company in AI (like Nvidia) whose fortunes may test the narrative that tech companies — and their stock values — are riding the long wave of the next techno…

Paramount Skydance’s hostile takeover bid of Warner Bros. Discovery places CNN and its sister cable networks squarely back into what is likely to be an extended period of management limbo. There was some relief at CNN with last Friday’s announcement that Netflix was buying Warner’s studio and streaming businesses, since the cable network would not be a part of that deal. But that quickly changed on Monday with Paramount’s announced bid, which includes the cable assets that Netflix doesn’t want and, if successful, opens the possibility of a combined CNN and CBS News. The management uncertainty adds to what is already a challenging time at CNN, where there was no do…

Some bad news for Americans with student loans. The The President administration’s Department of Education announced on Tuesday that millions of borrowers who are enrolled in the Saving on a Valuable Education (SAVE) plan may soon need to select a new repayment plan, part of a settlement with the state of Missouri. If approved, the move could force millions of Americans to repay their federal student loans, ending the current pause in payments and interest aimed at student debt relief, a holdover from the Biden administration. What is Saving on a Valuable Education plan, or SAVE? SAVE is a popular federal student loan income-driven repayment plan (IDR), …

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos, and other Frito-Lay products as well as beverages, said it will cut nearly 20% of its product offerings by early next year. PepsiCo said it will use the savings to invest in marketing and improved value for consumers. It didn’t disclose which products or how much it would cut prices. PepsiCo said it also plans to accelerate the introduction of new offerings with simpler and more functional ingredients, including Doritos Protein and Simply NKD Cheetos and Doritos, which contain n…

President Donald The President said Monday that he would allow Nvidia to sell an advanced type of computer chip used in the development of artificial intelligence to “approved customers” in China. There have been concerns about allowing advanced computer chips to be sold to China, as it could help the country better compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia. The chip, known as the H200, is not Nvidia’s most advanced product. Those chips, called Blackwell and the upcoming Rubin, were not part of what The President approved. The President…

If your home insurance rate has spiked lately, you’re not alone. And President The President’s policies could make it even more expensive. Since 2021, at least 6 million policy holders across the country have seen rate hikes to their property insurance policies, according to a new report from environmental advocacy group Climate Power. Insurers have also canceled at least 1.4 million policies in that time. One big reason is the worsening climate crisis, which is driving more and more instances of extreme weather. Inflation, labor shortages, and supply chain issues are also factors, as they drive up the costs to rebuild a home. The The President administratio…

U.S. job openings barely budged in October, coming in at 7.7 million with ongoing uncertainty over the direction of the American economy. The Labor Department reported Tuesday that employers posted 7.67 million vacancies in October, close to September’s 7.66 million. The Job Openings and Labor Turnover Survey (JOLTS), which was delayed by the extended government shutdown, also showed that layoffs rose to almost 1.9 million, the most since January 2023. And the number of people quitting their jobs — a sign of confidence in the labor market — fell in October, suggesting that “businesses seeking to control labor costs will have to pivot to active layoffs, lifting une…

Google faces fresh antitrust scrutiny from European Union regulators, who opened an investigation Tuesday into the company’s use of online content for its artificial intelligence models and services. The latest regulatory flexing by Brussels risks antagonizing President Donald The President‘s administration, though EU officials denied they were singling out American Big Tech companies. The European Commission, which is the 27-nation bloc’s top antitrust enforcer, said it’s examining whether Google has breached competition rules through its use of content from web publishers and material uploaded to YouTube for AI purposes. Regulators are concerned that Google …

On Wednesday morning, local time, over one million Australian children discovered their social media accounts had vanished. And it may not be long before kids in other countries find themselves in a similar predicament. Under the new law, which was approved late last year, no one under the age of 16 in Australia will be allowed to set up accounts on platforms including Instagram, YouTube, TikTok, Facebook, X, Snapchat, Twitch, and Reddit. Any accounts for people in that age category will be deactivated or removed. The law is meant to protect the mental health of children from the addictive nature of social media. Australia’s law goes three years beyond the de fact…

Justin McLeod, founder and CEO of dating app Hinge, is consciously uncoupling from his app. Hinge’s president and chief marketing officer Jackie Jantos—recently named one of Fast Company’s CMOs of the year—will succeed him in the role of CEO, effective immediately. McLeod will stay on as an adviser through March to support the transition. McLeod, who founded Hinge in 2011, is leaving to launch Overtone, an AI-driven venture focused on facilitating connections between people; it will be backed by Match Group. In a blog post, he calls his departure “a wildly bittersweet moment.” “This past year, I got higher conviction on two different things. One is that Jackie i…

We talk about time at work as if it’s a fixed resource: something outside of us and something we either “manage well” or “never have enough of.” People genuinely believe the clock is the problem. But the more you look at how the brain processes experience, the less true this becomes. People don’t feel pressured because they have too many tasks. They feel pressured because their brain is constructing time in a way that makes everything feel urgent or impossible to catch up with. Modern neuroscience has been pointing to this for a while. Our experience of time—what feels fast, slow, overwhelming, or “not enough”—is not a reading from an internal stopwatch. It’s a st…

Some days, starting feels effortless. A clear challenge or opportunity presents itself, an idea crystallizes, and then contracts into a single coherent thought. Today, frankly? That’s not happening. I’m staring at a pristine white canvas while the cursor mocks me. That uncomfortable space—the blinking cursor, the first messy draft, the false starts—isn’t a nuisance. It’s where creativity lives. Today, the temptation is to skip past all that. With AI, you don’t even need to know where you’re going. The bot can map it out, hand you something good enough. But what does good enough mean if you didn’t wrestle with the idea yourself? A recent MIT Media Lab study, Your …

Lurking on sites like LinkedIn and Indeed, or among your incoming text messages and emails, lies yet another disappointment to dodge in the already lacking job market: fake recruiters. Posing as representatives from top companies, they’ll contact you out of the blue, offering a job so tempting, that 40% of targets ignore the warning signs and move forward with the “interview.” More than half of them, 51%, end up being scammed to give up personal data or money. Those findings came from a survey of more than 1,200 U.S. job seekers published in October by Password Manager. “The prevalence of fake recruiters came to my attention several years ago,” says Gunnar K…

The Cold War lasted 45 agonizing years. Daily life in the Soviet Union was a mixture of dread and horror—children taught to report their parents’ whispered doubts, families queuing for hours for bread, dissidents vanishing in the night. November 8, 1989, was just another day of knowing World War III might pop off at any time. But on November 9, 1989, the Berlin Wall came down. No tanks. No gun battles. No sabotage. Just a peaceful, surreal collapse. The empire fell both slowly and suddenly. Gen Xers and boomers remember the disorienting feeling of watching the impossible happen on evening news broadcasts. With the benefit of hindsight and declassified records now avai…

While American workers face “forever layoffs” and struggle to find work in today’s tumultuous job market, some are reframing this era of unemployment and finding a silver lining in their personal economic meltdowns. “Laid off in June and the job market is so bad I decided to have a funemployed summer,” one TikTok creator posted earlier this year. Another wrote: “a weekday as a funemployed millennial.” In the video they wake up at 11 a.m. and scroll TikTok for an hour; after breakfast at 1 p.m., they journal, read, think about life, hit the gym, and then call it a day. Some funemployed were laid off. Some quit, lured by voluntary buyout programs. Some simply crav…

Under President The President, it’s becoming clear that doing business with China is fine — under the right, lucrative conditions. In a post on Truth Social, the president said this week that his administration will allow Nvidia to sell one of its most powerful AI chips, the H200, to China. The H200 is said to be up to six times more powerful than the H20, the most powerful chip Nvidia had won approval to sell to China. Washington and Beijing are currently in a tight race to lead AI and robotics research, and are locked in direct competition to apply the technologies in defense and intelligence. The Biden administration and much of Silicon Valley agreed that limitin…

Most people think of solopreneurs as a one-person machine. The solopreneur (according to social media) sends invoices, juggles client calls, manages marketing campaigns, and troubleshoots their own website—all before lunch. It’s a compelling narrative because it celebrates endless hustle and grit. But it’s also a myth. Solopreneurship simply means you make the business decisions. You don’t have to consult anyone else or wait for approval. It doesn’t mean you’re the only person doing the work. Most solopreneurs eventually bring in support (including me, in my solo business). Hiring help doesn’t mean you’re “no longer a real solopreneur.” It’s a sign that your busin…

In a Rye, Colorado, cattle pasture now subbing for the moon, an otherworldly vehicle bumps along a scrubby course of furrows and mounds, weaving around rocks and kicking up a fine dust. It’s an open-concept machine dubbed Falcon—a silver solar-powered rectangular frame on wheels, with a partial roof, windowless sides, and a spacious cockpit flanked by monitors and steering controls. An engineer sits in one of its two seats for safety as the vehicle autonomously navigates around obstacles to a location dictated by Mission Control 160 miles away. Suddenly, a wheel hits a rock, and Falcon halts, relaying real-time feedback to Mission Control. There, an operator revises a com…

We were promised empathy in a box: a tireless digital companion that listens without judgment, available 24/7, and never sends a bill. The idea of AI as a psychologist or therapist has surged alongside mental health demand, with apps, chatbots, and “empathetic AI” platforms now claiming to offer everything from stress counseling to trauma recovery. It’s an appealing story. But it’s also a deeply dangerous one. Recent experiments with “AI therapists” reveal what happens when algorithms learn to mimic empathy but not understand it. The consequences range from the absurd to the tragic, and they tell us something profound about the difference between feeling heard and…

High-power magnets undergird an enormous amount of modern society. From high-end audio speakers to electric vehicles, wind turbines, and fighter jets, they are a vital component in much of the technology we touch every day. To make them requires mining and refining rare earth elements—a supply chain largely controlled by China. Companies around the world are racing to find alternatives by using materials that are more abundant and cheaper to produce domestically. Minneapolis-based Niron Magnetics believes it has found a solution, claiming it can approach key aspects of rare earth magnet performance, using humble iron and nitrogen—albeit in an exotic formulation. Gener…

The front of the Wheaties box has served as a hall of fame for some of the greatest athletes of all time, from baseball star Lou Gehrig to boxer Muhammid Ali, basketball legend Michael Jordan, and seven-time Olympic gold medalist Simone Biles. Now, a fresh face is gracing the box’s hallowed orange frame: Marty Mauser, the fictional ping-pong player played by Timothée Chalamet in A24’s upcoming film Marty Supreme. Instagram The cereal box comes just weeks after A24 released a now-viral 18-minute long parody of a marketing meeting to promote the movie (which releases on Christmas). In that video, Chalamet joins a Zoom call full of supposed marketing executives and pr…

AI is part and parcel of many corporate design processes these days, including one company making a product many creatives are familiar with: Dropbox. Its VP of design and research, Shannon Butler, is optimistic about the tech’s integrations into her teams’ work—as long as designers are pragmatic in its integrations. Butler leads a design team that she feels has a bigger impact than filing deliverables on deadline: redefining work through the intersection of creativity, collaboration, and AI. A veteran of Google, YouTube, Airbnb, and LinkedIn, Shannon has spent two decades shaping products that influence how billions connect and create. Shannon Butler In her in…

Once upon a time, San Francisco was a manufacturing town. For decades, the Union Iron Works built ships—such as the U.S. Navy’s U.S.S. Oregon (1893) and U.S.S. Wisconsin (1898)—in its plant on Pier 70 in the neighborhood now known as Dogpatch. In recent years, that sprawling, long-abandoned complex has been rehabbed and filled with office space, housing, retail, and art studios. Among its tenants are startup accelerator Y Combinator and HR platform Gusto, neither of which has much in common with the Union Iron Works. And then there’s Astranis. The company is returning Pier 70 to its roots by applying human labor to turn raw materials into finished products. The produc…

Reading the news, it can feel like no one is partying anymore. People seem more excited to stay home than go out. Gen Z is drinking less than any other generation. Wellness clubs have replaced night clubs as the go-to spots to socialize. But partying is not dead — priorities have simply shifted, as highlighted in the Evite’s Pregame Report 2026 released today. The online invitations platform surveyed more than 5,000 party enthusiasts to uncover the hottest trends and the biggest pet peeves for party planning in 2026. As it turns out, partying no longer happens only at the club. It has shifted to smaller, connection-focused affairs. After birthdays and …

Consider this: You want to book a multicity, international trip with flights from New York City to London, then Paris, and then back to New York City. There are numerous variables in the mix—different airlines, various ticketing levels, and more—that make the booking more complicated than anticipated. Accordingly, you may end up booking several separate flights, with multiple tickets and confirmation codes to keep track of. If you travel a lot, that can be a lot to manage. But Navan, a corporate travel and expense platform, says it has smoothed the whole process out for booking flights. Navan—which went public less than a month and a half ago, and mainly competes…