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The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual dues for access to peer learning, thought leadership opportunities, events and more. When I was 12 years old, my parents enrolled me in a kids’ coding class at the YMCA. This was 1983—before the internet—typing code from magazines like Compute! into a computer with a green-on-black screen and seeing what it did. And the experience would go on to shape the course of my life. I’ve been in software for more than 30 years, most of them at Intuit. I started there as a software en…
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CoreWeave plans to reduce the size of its U.S. initial public offering and price its shares below the indicated range, a person familiar with the matter told Reuters on Thursday, dampening expectations that the listing would boost investor appetite for IPOs. The Nvidia-backed cloud services provider is now looking to sell 37.5 million shares, 23.5% less than originally planned, and price them at $40 apiece, well below even the low end of the indicated range, the source added, requesting anonymity discussing confidential information. Nvidia will anchor the CoreWeave IPO at the price with a $250 million order, the source said. The sale would raise about $1.5 billion…
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Trading platform Robinhood, best known for introducing a new generation of traders to the stock market, crypto, and ETFs, is growing up alongside its customers, moving one step closer to becoming a full financial service company the likes of Fidelity or Charles Schwab. On Wednesday, the digital brokerage announced plans to launch Robinhood Banking this fall, a one-stop service that provides “traditional checking and savings accounts with luxury benefits,” as well as Robinhood Strategies, a wealth management product. Customers will need a Gold subscription, which runs $5 a month or $50 a year, to open those individual and joint checking accounts, which will allow u…
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Shares of GameStop fell more than 15% on Thursday after the company’s plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling retail business. The video game retailer’s shares also gave up all their gains from a day earlier and were on track for their biggest one-day fall since last June, after the company said it was offering $1.3 billion in 0% 2030 convertible bonds to amass the cryptocurrency. The company’s announcement that it would buy bitcoin to hold as a treasury reserve asset had created a mini euphoria among retail traders, who keenly track the so-called “meme stock.” However, Game…
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X owner Elon Musk was privately messaging with Reddit CEO Steve Huffman while also putting public pressure on the social media company’s content moderation efforts, The Verge reported Thursday. Two months ago, several Reddit subreddits started to block links to X in protest of Musk appearing to give the Nazi salute. Musk called the efforts “insane,” while a Reddit spokesperson at the time clarified that Reddit itself wasn’t imposing a ban on the links. A few days later, Musk claimed that Reddit users who were calling for violence against members of his Department of Government Efficiency were breaking the law. Musk has been a vocal critic of content moderation on…
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Smartphones have been around long enough that, to the casual observer, their designs seem to have hit a plateau. And on a functional level, that’s more or less true — we’re all essentially holding the same six-inch-ish rectangle, aside from the occasional foldable exception. But the maturity and ubiquity of smartphones have sparked a new phenomenon: the return of trends in cycles, much like fashion. For example, most phones released in the past few years have flat sides, like the iPhone 4 from 2010. Five years ago, almost all those sides would have been curved. Flat edges aren’t a new invention — they’re just what’s trending again. But this year brings a surprisin…
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Beverly Hills’ hottest club is California Pizza Kitchen. At least, that’s what someone unfamiliar with the brand might have taken away from its new “rebrand,” which debuted on Monday. On its website, California Pizza Kitchen replaced its friendly yellow logo and wordmark with a silver chrome logo and the shortened name “CPK.” [Photo: courtesy California Pizza Kitchen] Meanwhile, on socials, the brand posted several videos of its “new identity” that looked more fit for promoting a rave than a family friendly pizza restaurant. Shots of flashing lights, serious models, and slogans like “DEVOUR THE DOUBTERS” and “Fresh. To. Death” were cut with clips of harshly-li…
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After a yearlong search, the Sundance Film Festival announced Thursday that its new home will be Boulder, Colorado, keeping Sundance in the mountains but moving it out of Park City, the Utah ski town that had for decades provided the premier independent film gathering its picturesque snowy backdrop. Organizers said that after 40 years in the mountains, the festival had outgrown Park City, and lacked the necessary theaters or affordable housing to continue hosting what has become one of North America’s most sprawling movie events. Sundance had narrowed down the options to Salt Lake City (with a smaller presence in Park City), Cincinnati and Boulder. Boulder, organi…
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Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here. AI pioneer Illia Polosukhin offers a blockchain-flavored open-source enablement platform Illia Polosukhin, who coinvented the Transformer architecture at Google in 2017, is now launching a new company called Near AI. The company will offer services through a blockchain-powered platform that functions as a secure marketplace for open-source AI models and agents. Polosukhin is a strong advocate for transparent, open-source AI models, which he believes are the best way to promote responsib…
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In 1983, six businessmen got together and opened the first Hooters restaurant in Clearwater, Florida. Hooters of America LLC quickly became a restaurant chain success story. With its scantily clad servers and signature breaded wings, the chain sells sex appeal in addition to food—or as one of the company’s mottos puts it: “You can sell the sizzle, but you have to deliver the steak.” It inspired a niche restaurant genre called “breastaurants,” with eateries such as the Tilted Kilt Pub & Eatery and Twin Peaks replicating Hooters’ busty business model. A decade ago, business was booming for breastaurant chains, with these companies experiencing record sales growt…
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A federal judge has ruled that The New York Times and other newspapers can proceed with a copyright lawsuit against OpenAI and Microsoft seeking to end the practice of using their stories to train artificial intelligence chatbots. U.S. District Judge Sidney Stein of New York on Wednesday dismissed some of the claims made by media organizations but allowed the bulk of the case to continue, possibly to a jury trial. “We appreciate Judge Stein’s careful consideration of these issues,” New York Times attorney Ian Crosby said in a statement. “As the order indicates, all of our copyright claims will continue against Microsoft and Open AI for their widespread theft of millions…
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Fast Company’s Creative Director Mike Schnaidt shares a first look at the magazine redesign. So if you are a typeface fanatic, you won’t want to miss this breakdown. View the full article
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At the beginning of the hit 2003 movie Love Actually, Hugh Grant’s character muses that whenever he gets gloomy about the state of the world, he redirects his attention to the arrivals gate at Heathrow Airport. Another remedy would be to consider the vast natural wonders of space, but perhaps that’s more of a William Shatner move. Regardless of your leading-man preference, if you are in need of some wonder this week, there will be a partial solar eclipse early Saturday morning visible in certain parts of the world. Here’s what that all means and where and how to best see it. What is a partial solar eclipse? The moon orbits the Earth while our home planet …
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You’ve heard of burner phones. What about burner email? So much of the internet now requires that you hand over your email address before you’re able to use any services—from an app you’ve downloaded to signing up for a newsletter or redeeming a special offer online. But who says you have to give your real email address? Next time you’re asked, consider using an email mask. There are a growing number of services that give out disguised email addresses and relay any messages to your actual address. Experts say this can be a powerful tool to safeguard privacy and security. Here are some pointers on the whys and hows of email masking: Mask on The idea behind email…
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