What's on Your Mind?
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The fortunes of major quantum computing firms turned negative this week as share prices sank—in some cases by double digits. The so-called Quantum Four publicly traded companies—Rigetti Computing, IonQ, Quantum Computing Inc, and D-Wave Quantum—saw their stock prices tumble on Thursday. And as of this writing, all four companies are down even lower in premarket trading on Friday. Berkeley, California-based Rigetti (NASDAQ: RGTI) has seen the biggest drop, with its stock price falling almost 15% on Thursday, October 16. As of this writing, the stock was down another 7.65% during the premarket session. Shares of IonQ (NYSE: IONQ) were down by a similar amount on…
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“The gyoza needs to look a little whiter. It’s too pink.” Nigel Ng is genially micromanaging the look and feel of Fried, an animated series that will premiere on YouTube later this year. His feedback comes during an early planning session at Toonstar, the company producing the show, which is headquartered in a former furniture warehouse in downtown L.A.’s arts district. Ng has every right to be fussy about Fried’s world. The show represents the cartoon debut of Uncle Roger, the volatile middle-aged Chinese guy he has portrayed in live-action YouTube videos since 2020. They famously depict the character growing agitated as he watches western chefs—such as Gordon Ramsay, …
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Thanksgiving is now less than six weeks away, which means many families are making plans for travel and meal prep. But the cost of inflation will also be weighing heavily on their minds, especially for those who have large Turkey Day gatherings to feed. However, the world of grocery shopping is highly competitive, and one chain, Aldi, is aiming to outdo the competition in enticing cost-conscious consumers to shop at its stores. The national grocery store chain has announced that it will put a full Thanksgiving meal, which feeds 10, on your table for just $40. Here’s what you need to know as the turkey dinner wars kick off for 2025. Aldi announces a Thanksgivin…
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Fear over credit quality in U.S. regional banks rippled through markets on Friday, dragging global financial stocks lower and reviving memories of the crisis of confidence that shook sentiment just over two years ago. The selloff hit Wall Street, with main equities indexes seeing a mixed open, as investors stayed on edge with banking sector worries adding to anxiety already heightened by escalating U.S.-China trade tensions and renewed worries about the global economic outlook. The banking sector’s exposure to two recent U.S. auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank’s failure, when high interest…
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Last night, New Yorkers and viewers across the country tuned in to watch the first general election debate for mayor of New York City. And as far as debates go, this one was charged, full of spats, and came with a direct and thoroughline of questioning that didn’t leave anything off the table. Within minutes, Democrats Andrew Cuomo (who is running as an independent) and Zohran Mamdani, and Republican nominee Curtis Sliwa, made clear that they came not just prepared to share their positions, but also to follow up, push back on criticisms or mistruths, and repeatedly fire well-rehearsed jabs at one another. The trio let viewers know just how different they are—not…
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Between July and September, electric vehicle sales in the U.S. hit a record high. Americans bought more than 430,000 EVs, up 40% from the previous quarter, as they race to qualify for federal tax credits before they expire. That EV boom wasn’t just limited to the U.S., though: Global EV sales hit an all-time high of 2.1 million in September. Two-thirds of those sales were in China, the world’s largest EV market. And yet, there’s still talk of an “EV retreat,” both in the U.S. and abroad. Automakers have expressed concerns about their EV profits, and policymakers in Canada and the European Union are pausing, or adjusting, their EV mandates. There’s an “inherent…
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If there’s any doubt whether people are willing to pay $900 for a premium credit card, just look at the latest quarterly results for American Express: The credit card issuer reported Friday that it beat third-quarter earnings estimates and raised its full-year outlook. It’s been a month since American Express refreshed its Platinum line of credit cards, raising the annual fee by $200 to $895, and that change is already paying dividends. The company has seen “strong” demand for these cards and more than 500,000 people have requested the New York-based issuer’s new pocket mirror card. “The initial customer demand and engagement exceeded our expectations, with new U…
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Would you want to be in a group chat with your favorite sports celebrities and athletes? You’ll have your chance this fall thanks to a collaboration between WhatsApp and OffBall. OffBall, a year-old sports media startup that focuses on careful curation for its followers, announced on Friday that it was bringing back The Chat, which it had previously conducted with sports stars such as LeBron James. The franchise is designed to get users to participate in big group chats and discuss sports or anything else. High-profile personalities—such as professional athletes or others—also take part, and everyone can text or message each other like any other group chat, or s…
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I just got back from a week on the beach. The water was crystal clear, the sky blue, and my butt was in a lounge chair all day. I certainly enjoyed myself and caught up on a ton of sleep. But did I return to work today bursting with ideas and fresh energy? If I’m honest, not really. It feels more like I left my brain sunning itself on the seaside. Meanwhile, I need to dig myself out from under a mountain of work and complete my massive back-to-school to-do list. Where did I go wrong in my vacation planning? If I was looking to maximize floating time and the amount of tasty fish I ate, nowhere. But according to psychology, as much as I enjoyed my break, I al…
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Except for the skeletons of demolished buildings or the occasional new construction site, the Pacific Palisades—the wealthy, elevated coastal enclave of Los Angeles that was consumed by wildfires in January—remains mostly blank. Much of the wreckage, rubble, soil, and plant life has been scrapped and removed by the Army Corp of Engineers. Trees are among the few elements of the area that remain as they were, remnants of the community’s long obsession with them, including famous residents like Abbot Kinney and Will Rogers. In a landscape now devoid of landmarks, such survivors (roughly 75% of street trees made it through the fire) tell a story and connect residents to …
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David Temkin was driving south from San Francisco, down Highway 101, as billboard after billboard pitched AI in variations of dense word salad. One ad marketed “automated testing compliance done without command shift.” Another promised “safer schools with instant visitors screening.” All of them marketed tech companies, but to whom and for what was obscure—even for tech insiders like Temkin. “It is absolutely absurd,” Temkin tells Fast Company. “Some of these are absolutely impenetrable. Like, what are they even talking about? It makes me wonder what the intention is.” The Silicon Valley veteran has lived through plenty of change, watching firsthand as the tech wo…
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“You need to think more strategically; you need to be more strategic!” It’s one of the most common, but least helpful, pieces of feedback professionals receive. It sounds smart, it sounds wise, it also sounds important. But ask people what it actually means, including those who are proffering this advice, and you’ll likely get many different answers. I’ve spent more than two decades working with leaders, entrepreneurs, and teams around the world to help them become more strategic in how they think, act and make decisions. Along the way, I’ve seen the same frustration crop up over and over again: people know strategy matters but don’t know how to “do” it. T…
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For decades now, Google has been the unquestioned champion of search—our digital oracle, the first and last stop for every question, from “What’s the best pizza place near me?” to “How many protons are in a carbon atom?” But here’s the key difference now: while Google has started to incorporate AI with features like AI Overviews and the new AI Mode, a traditional keyword search is great for finding facts, but not so great at understanding context. It’s like asking a librarian for a book on “dogs” and expecting them to know you really want to know how to train a puppy. You might get a whole library, but you still have to find the right book yourself. That’s w…
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The workplace AI narrative has been dominated by fears of human replacement. But forward-thinking leaders are discovering AI’s real power: helping employees become more human, not less. Shifting from workplaces of human doings to a collective of activated human beings. And while AI can absolutely help eliminate busywork, opening employees’ time for more impactful work and meaningful progress, its impact can go far beyond productivity. In fact, having studied power shifts in modern workplaces for many years, I think the companies that will thrive moving forward will focus more on using these tools to improve employee well-being. Smart leaders should approach AI i…
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When samurai warriors went into battle in 16th century Japan, their swords included a piece of hidden art. Within the tsuba, the hand guard at the bottom of the blade, metal smiths carefully crafted beautiful and complex designs, including flowers, animals, and landscapes. The Museum of Fine Arts in Boston has one of the largest collections of Japanese art in the United States in its permanent collection, including hundreds of tsubas. It has just collaborated with the fine jewelry designer Monica Rich Kosann to create a collection of necklaces inspired by three tsuba designs—a crane, a turtle, and a butterfly—to introduce these ancient works of art back into the m…
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People are fascinated with leadership, and rightly so. After all, most of the “big things” that happen in the world (both good and bad) can be directly traced to decisions, behaviors, or choices of those who are in charge: presidents, prime ministers, CEOs, executives, and anyone tasked with turning a group of people into a high-performing unit, coordinating human activity, and shaping the impact institutions have on society, all the way down to individuals. In line, scientific research shows that up to 40% of the variability in team and organizational performance can be accounted for by the leader—in other words, who we put in charge, or who emerges as leaders, drast…
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In 1998, five kids met in a cafe in Belgrade. Still in their 20s, they were, to all outward appearances, nothing special. They weren’t rich, or powerful; they didn’t hold important positions or have access to significant resources. Nevertheless, that day, they conceived a plan to overthrow their country’s brutal Milošević regime. The next day, six friends joined them and they became the 11 founders of the activist group Otpor. A year later, Otpor numbered a few hundred members and it seemed that Milošević would be the dictator for life. A year after that, Otpor had grown to 70,000 and the Bulldozer Revolution brought down the once-unshakable dictator. That’s how …
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