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Fast Company is the official media partner of Summit Detroit. From the mouths of most companies, the word “community” amounts to nothing more than another cliched buzzword drained of any substance. But in some instances, the idea of community is so intrinsic to what the company is and stands for that the meaning behind the word evolves into something more. It’s why Jody Levy, CEO of Summit, had a hard time defining the word as it applies to her organization that hosts conferences and immersive experiences around the world. “Community is not the right word. Network is not the right word. Tribe is not the right word. None of these words actually describe what bein…
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On Thursday at 3 p.m. ET, a helicopter flew along the Manhattan skyline for less than 18 minutes before plunging into the Hudson River. The sightseeing helicopter carried a family of five from Spain. Law enforcement confirmed the identity of the passengers to ABC News as Agustin Escobar, an executive from European automation company Siemens, along with his wife, Merce Camprubi Montal, and their three children. The family, along with the pilot, all died in the crash. The helicopter was chartered by the company New York Helicopter, which posted photos of the smiling family inside the aircraft just before it took off. The chopper appeared to be a N216MH—a Bell 206L…
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Alphabet’s Google laid off hundreds of employees in its platforms and devices unit, The Information reported on Friday, citing a person with direct knowledge of the situation. The cuts in the division, which houses the Android platform, Pixel phones and the Chrome browser among other applications, follow Google’s January buyout offers to employees in the unit, the report said. “Since combining the platforms and devices teams last year, we’ve focused on becoming more nimble and operating more effectively and this included making some job reductions in addition to the voluntary exit program that we offered in January,” a Google spokesperson told The Information. …
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‘Fast Company’ global design editor Mark Wilson goes behind the scenes with the band in Budapest to decode the disciplined chaos of their genre-defying visual experiments. View the full article
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Never underestimate the news media’s ability to amplify the mundane with urgent-sounding headlines. If you follow the twists and turns of the retail industry as closely as we news-watchers do, you may have noticed recently that the simple act of closing for the Easter holiday has been rebranded as a “retail blackout.” If you’ve been at all confused by this oversold terminology, here’s a brief explainer to help break it down: What’s happening? Over the last week or so, a number of news organizations—mostly from outside the United States—have reported on a so-called “retail blackout” that is set to take place on Sunday, April 20, which is Easter Sunday. E…
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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. National active housing inventory for sale at the end of March 2025 was up 28.5% compared to March 2024. That’s just 20% below pre-pandemic levels back in March 2019. However, while the national housing market has softened and inventory has surpassed 2019 pre-pandemic levels in some pockets of the Sun Belt, many markets remain far tighter than the national average. Pulling from ResiClub’s monthly inventory tracker, we identified the tightest major housing markets heading into spring 2025 where active inventory is still the furthest below pre-pandemi…
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For three weeks now, OK Go has been on set in Budapest’s largest train station. The temperature in this wing is somewhere around 45 degrees, and much of the Hungarian filming crew has long ago gone numb. Against Keleti station’s baroque backdrop of frescos and pink marble pillars, the band has been working with roboticists and production designers to build one of its most complex music videos ever for a new song called “Love”. The video’s 140-foot-long contraption is built from 29 robots holding 60 mirrors that, in one long tracking shot, will crescendo into a brain-bending photonic spectacle of car-size kaleidoscopes and glimpses into the infinite. It’s almost lu…
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All sense of survivors’ guilt was fleeting for those residents whose homes remained standing after wildfires ripped through the Los Angeles area three months ago. Many worried that smoke from the Eaton wildfire that destroyed more than 9,000 structures and killed 18 people may have carried toxins, including lead, asbestos and heavy metals, into their homes. But they struggled to convince their insurers to test their properties to ensure it was safe to return. Nicole Maccalla, a data scientist, said embers burned more than half of her roof, several windows and eaves were damaged, and her house in Altadena was left filled with ash, debris, soot and damaged appliances. She…
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Many people have been waking up over the last 24 hours to find that they have received a payment of around $40 from Facebook. The first question people have is whether the payment is legitimate. And the good news is: yes, it is. Here’s what you need to know about the Facebook payment you may have received since yesterday. Why did I get a payment from Facebook? Starting yesterday, people began posting on social media that they had received a payment of around $40 from Facebook. That payment is actually part of a class action lawsuit settlement Facebook agreed to back in 2022. At the center of the class action suit was the allegation that between April 22, 2010, …
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If you recently bought celery sticks from Walmart, you’ll want to check to make sure they are not of a certain variety. That’s because a select celery stick product is being recalled due to fears that it may be contaminated with Listeria, a potentially deadly bacterium. Here’s what you need to know. What is the reason for the recall? On April 10, Duda Farm Fresh Foods, Inc. of Oxnard, California, issued a voluntary recall for one of its products: a bag of celery sticks sold under the “Marketside” brand, according to a recall notice posted on the U.S. Food and Drug Administration (FDA) website. The company issued the recall because the celery sticks have the possibi…
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Last month I posted a job description on our blog for a chief of staff role at my venture capital firm, Graham & Walker. Turns out, that job description really hit a nerve. Within an hour, more than a hundred candidates had put their hat in the ring and filled out the long Google form that served as our only form of application. Quickly overwhelmed by the interest, I asked everyone I knew for tips on how to review all those applications most efficiently. They recommended several tools, from LLMs to custom built. I was deep in research when something happened that made me change my mind. Our Google form included an optional field for “anything else you’d like t…
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When an AI-assisted résumé lands on a hiring manager’s desk, most people have the knee-jerk reaction to chuck it straight onto the reject pile. While more and more companies are using AI in their day-to-day operations, when it comes to résumés and cover letters, the use of artificial intelligence remains taboo. The importance of AI-savvy talent This instinctive aversion to AI is costing firms invaluable AI-savvy talent. And with the demand and competition for AI skills so fierce, many employers are letting prospective talent slip through their fingers, straight into the laps of their competitors. It’s time to overhaul recruitment processes out of the dark ages…
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Earlier this week, Time published an explosive story about an American company that reportedly revived a long-extinct species, the dire wolf. To some, it’s a scientific miracle: Some 10,000 years after the species went extinct, the planet is once again home to three living dire wolf pups, brought about by the ingenuity of scientists at Colossal Biosciences. But let’s not mistake spectacle for substance. Yes, it’s cool that biotechnology can now create animals that resemble extinct species. Colossal is already eyeing its next acts—the woolly mammoth and the dodo. But beyond the buzz and the billion-dollar ambition, this project doesn’t offer real solutions to our plane…
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The humanoid robotics revolution is just around the corner. Test models are already working in factories alongside human beings across the world, while AI companies develop new foundation models designed to help robots navigate their environments as easily as humans do. But computer “brains” are useless without the skeletons that give humanoid robots their form—and the many components that make up those skeletons need to come from somewhere. Alongside bearings, which reduce friction, motors, and gears, the average humanoid robot relies on dozens of screws—key components that convert the rotational motion produced by a motor into linear motion. Traditionally, ball …
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For years, baby boomers have been “aging in place” and keeping home turnover low. And now, not only are boomers holding onto their homes, they’re also the generation buying the most property—boxing out millennial homebuyers for only the second year since 2013. Millennials, who range from 26 to 44 years old, have largely dominated the housing market for the past decade. The only exceptions to this rule have occurred in 2023 and 2024, according to data from the National Association of Realtors (NAR). Between July 2023 and July 2024, the share of millennial homebuyers dropped to 29%, down from 38% a year ago. Meanwhile, boomers (ages 60 to 78) accounted for 42% of home …
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Where legislatures have refused to boost pay and benefits for workers, advocates have often taken the fight straight to voters. In recent years, voters in Michigan, Missouri, and Nebraska overwhelmingly backed higher state minimum wages and guaranteed paid sick leave at the polls. But despite that strong showing of support, lawmakers on both sides of the aisle are now trying to water down or even roll back the measures their constituents approved. In November, 58% of Missouri voters approved Proposition A, which raises the state minimum wage to $15 by 2026 and requires employers to provide paid sick leave. That level of support, said Missouri Jobs with Justice Polic…
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