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Twenty years ago, not too long after Youtube itself launched, Ian Hecox and Anthony Padilla started uploading videos to the platform. What started as two teenagers trying to make each other laugh turned into the biggest channel on YouTube. It was the first ever to reach 10 million subscribers. Eventually Smosh was acquired by a company called Defy Media. The company would expand rapidly–more videos, more cast members, even a movie–but then came turmoil and uncertainty for Smosh. Padilla left the company in 2017, largely due to creative differences with Smosh’s parent company. He returned to the business in 2023, when he and Hecox purchased Smosh from YouTuber-led med…
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Shares of Meta Platforms, Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% cuts to its virtual reality group, which includes the so-called metaverse. This could potentially include layoffs, which could come as early as January, and are part of the company’s 2026 budget, according to the article. Meta—the owner of Facebook, Instagram, Threads, Messenger, and WhatsApp—develops metaverse technologies, such as the Horizon Worlds platform. Fast Company has reached out to Meta for comment. Meta stock rose 5.7% in early trading Thursday, before settling up a…
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U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve’s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the Labor Department reported Thursday. That’s the lowest level since September 24, 2022, when claims came in at 189,000. Analysts surveyed by the data provider FactSet had forecast initial claims of 221,000. Kathy Bostjancic, chief economist at Nationwide, said that unemployment benefit filings are often distorted by the Thanksgivi…
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The numbers are in for Spotify Wrapped: After the streaming music app dropped its popular year-in-review recap for 2025, the company said it has already seen a huge increase in user engagement, hitting 200 million users just 24 hours after the recap’s release, a 19% increase year-over-year (YOY). Compare that with last year, when it took 62 hours to hit that same number. Why the uptick in user engagement? One reason could be because the platform is growing. A look at the numbers shows Spotify’s monthly active users grew 11% YOY to 713 million in Q3 of 2025, according to the company’s third quarter earnings report. Spotify Wrapped is for sharing Sharing …
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President Donald The President plans to travel to Pennsylvania on Tuesday to highlight his efforts to reduce inflation even as fears mount about a worsening job market and amid signs that Americans are still feeling squeezed by high prices. A White House official said The President would be making the trip to discuss ending the inflation crisis that he says was inherited from his predecessor, Joe Biden. The official spoke on condition of anonymity because the trip has not been formally announced. It was not immediately clear where in Pennsylvania The President would be visiting. Last month’s off-year elections showed a shift away from Republicans as public concern…
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As the rest of the world speeds ahead toward an electrified future, the U.S. is doubling down on gas-powered cars. President The President announced a proposal this week to slash stricter fuel economy standards put in place during the Biden administration. By reversing the standards, the White House further aligns itself with the oil and gas industry, with some automakers happily going along for the ride. “We’re officially terminating Joe Biden’s ridiculously burdensome, horrible actually, CAFE standards that impose expensive restrictions,” The President said, referencing the Corporate Average Fuel Economy rules. “And all sorts of problems – all sorts of problems …
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It’s a great week to have a disposable income and act like you know how to ski. North Face x Skims today launches its second winter outerwear capsule, again channeling ski culture with a campaign shot on the powder-coated Chilean mountains. (Skis and airfare not included.) The 2025 drop expands on its collection from last year with even more silhouettes, like the wrap puffer coat, and a thoughtfully cropped, hooded puffer jacket with drop shoulder that brings some fashion to the line, which is aesthetically more oriented toward sport. It also includes men’s and kid’s styles for the first time (prices range from $55 to $800). Even considering the new styl…
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Only about 10 percent of venture funds ever make it to a fourth vintage. Of those, just 5 to 10 percent are led by women. I’m one of them. When I started Female Founders Fund in 2014, I believed that solid returns and conviction would speak for themselves. Strong performance would unlock capital and the industry would reward the achievement, especially from those breaking new ground—or so I thought. What I’ve come to learn is that venture capital isn’t a pure meritocracy. It’s a network-driven ecosystem where who you know often matters just as much as what you build. Cultural and political changes, and a tight market environment, are making it especially difficul…
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Russian authorities said Thursday they have imposed restrictions on Apple’s video calling service FaceTime, the latest step in an effort to tighten control over the internet and communications online. State internet regulator Roskomnadzor alleged in a statement that the service is being “used to organize and conduct terrorist activities on the territory of the country, to recruit perpetrators (and) commit fraud and other crimes against our citizens.” Apple did not respond to an emailed request for comment. The Russian regulator also announced that it has blocked Snapchat, a messaging app for sharing photos, videos and text messages, citing the same grounds it gave…
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President Donald The President on Wednesday announced a proposal to weaken vehicle mileage rules for the auto industry, loosening regulatory pressure on automakers to control pollution from gasoline-powered cars and trucks. The plan, if finalized next year, would significantly reduce fuel economy requirements, which set rules on how far new vehicles need to travel on a gallon of gasoline, through the 2031 model year. The administration and automakers say the rules will increase Americans’ access to the full range of gasoline vehicles they need and can afford. The National Highway Traffic Safety Administration projects that the new standards would set the industry …
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Every year in the United States, thousands of families face a devastating reality: Their child has a rare disease, but they won’t know it until it’s too late for effective intervention. Thirty percent of children with rare diseases don’t live to see their fifth birthday. For too long, we’ve relied on limited newborn screening panels that vary from state to state, waiting until symptoms are severe and irreversible before acting. This approach is not only medically irresponsible, it’s fiscally unsound. Experts estimate rare diseases cost the U.S. healthcare system $1 trillion annually. Beyond the cost to our healthcare system, families too often find themselves in the…
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The bill that brought the government back online last month ended the shutdown with an unexpected catch that could crush an entire industry. A hidden provision slipped into the bill just before it passed has nothing to do with the federal shutdown and everything to do with hemp—the version of cannabis that’s grown as a food, a fiber, and, in recent years, as the active ingredient in an array of sodas, gummies, and snacks crafted to give people an alcohol-free buzz. Hemp is legally defined as a variety of the plant Cannabis sativa L. that contains less than .3 percent of the most common form of THC, the psychoactive compound from marijuana that gets people high. In…
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Nvidia CEO Jensen Huang met separately with President Donald The President and Republican senators Wednesday as tech executives work to secure favorable federal policies for the artificial intelligence industry, including the limited sale of Nvidia’s highly valued computer chips to U.S. rivals like China. Huang’s closed-door meeting with Republicans on the Senate Banking Committee came at a moment of intensifying lobbying, soaring investments, and audacious forecasts by major tech companies about AI’s potential transformative effects. Huang is among the Silicon Valley executives who warn that any restrictions on the technology will halt its advancement despite mou…
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The world of popular psychological ideas, which is largely the self-help industry, is not short of contradictions. For instance, it simultaneously promotes the benefits of emotional intelligence (the ability to empathize with others and engage in strategic impression management) and authenticity (the tendency to express what you really feel and think without much consideration for others’ opinions). It also frequently celebrates self-acceptance and constant self-improvement (“love yourself as you are”… but also “become the best version of yourself”), mindfulness and relentless ambition (“stay in the zone, present and serene”… while hustling aggressively toward big goals),…
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The Bronx stands apart from New York City’s four other boroughs in stark ways. Home to 1.4 million residents and the nation’s poorest congressional district, it once flourished as fertile farmland. Today, we’re restoring this land—not to its agricultural roots, but as fertile ground for raising healthy, happy, and prosperous children. And in the process, we’re cultivating opportunity for a new generation of citizens. My wife Lizette and I founded and run Green Bronx Machine (GBM). Our nonprofit is dedicated to rewriting the narrative about the Bronx and its residents. Inside Community School 55, just across the tracks from rows of dilapidated public housing towers…
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The rise of artificial intelligence is transforming every industry, but it also creates enormous demand for digital infrastructure and natural resources. Data centers, the engines of this transformation, consume vast amounts of water and energy. A single hyperscale data center consumes up to 5 million gallons of potable water every day. In Phoenix, 58 centers together demand more than 170 million gallons daily, enough to serve up to several hundred thousand households. This is the internet’s hidden water footprint, amplified by AI, cloud computing, and data-heavy services. Training a single large AI model in a Microsoft data center can require about 185,000 ga…
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Ralph Lauren revealed Team USA’s Milan Cortina Winter Olympics looks Thursday, complete with Americana knit sweaters and plenty of vintage call-backs. The formal opening ceremony look pairs a patterned red, white and blue knit sweater with tailored cream trousers and a matching wool coat. Moving sportier, the closing ceremony outfit features a graphic puffer coat inspired by vintage ski kits over a color-blocked sweater. “We are creating something that we know has to become timeless and has to be something that people will wear forever and appreciate forever,” said David Lauren, the Chief Branding and Innovation Officer at Ralph Lauren. “So in creating jackets like this…
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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. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. This week, I’m focusing on the increasing pressure on the AI industry’s wunderkind, OpenAI. I also look at the change in AI leadership at Apple, and at the music industry’s new cooperation with AI music generation apps. Sign up to receive this newsletter every week via email here. And if you have comments on this issue and/or ideas for future ones, drop me a line at sullivan@fastcompany.com, and follow me on X (formerly Twitter) @thesullivan. Is Op…
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From reality TV to fashion and beauty and everywhere in between, you’ve unmistakably heard of Kim Kardashian. Critics may talk, but there’s no denying she’s one of the most influential and accomplished women of our time—with a net worth of $1.7 billion. And she’s still expanding. Now, after building a multibillion-dollar empire, Kardashian is taking on a new role: instructor. Her new MasterClass, “The New Rules of Business: The Ten Kimmandments with Kim Kardashian,” launches today. “Master them and you’ll create marketing that commands attention and build businesses that will scale,” Kardashian says. The tenets cover a range of 10 lessons, but Kimmandment #8—“Know…
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From reality TV to fashion and beauty and everywhere in between, you’ve unmistakably heard of Kim Kardashian. Critics may talk, but there’s no denying she’s one of the most influential and accomplished women of our time—with a net worth of $1.7 billion. And she’s still expanding. Now, after building a multibillion-dollar empire, Kardashian is taking on a new role: instructor. Her new MasterClass, “The New Rules of Business: The Ten Kimmandments with Kim Kardashian,” launches today. “Master them and you’ll create marketing that commands attention and build businesses that will scale,” Kardashian says. The tenets cover a range of 10 lessons, but Kimmandment #8—“Know…
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Adidas defeated an appeal on Wednesday by U.S. shareholders who said the footwear and apparel maker fraudulently concealed antisemitic and other improper behavior by Ye, formerly known as Kanye West, before its partnership with the rapper and fashion designer imploded in 2022. The 9th U.S. Circuit Court of Appeals in San Francisco said Adidas did not mislead shareholders in its annual reports by saying improper behavior by partners from the entertainment industry could have a negative spill-over effect on business. “A reasonable investor would know that a partnership with a celebrity partner like Ye would come with inherent risks relating to improper behavior,” a …
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There’s a very common question asked of people working in space exploration: Why explore space when we have so many problems on Earth? From Wi-Fi, to satellite images of real estate, to matters of national security, much of our daily lives has been made possible by policy changes in the 1990s that permitted the deployment of low-Earth-orbit satellites. But the tangible benefits to space exploration may not always be obvious, according to Jack Kilray, director of government relations for The Planetary Society, a nonprofit dedicated to advancing space science and exploration. “What we discover in space invariably helps life on Earth,” Kilray said at last month’s Wor…
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When the British designer Fred Rigby released his first furniture collection in 2021, he knew from the outset he would prioritize a U.S. audience—a bigger market with more sales opportunities, he says. Rigby designs and manufactures elegantly crafted furniture in the Oxfordshire countryside, and has built strong relationships with interior designer clients in cities like New York, L.A. and Miami. For a few years, things went according to plan. As his studio grew, 60–70% of sales came from the U.S. market. Then in 2025, all of that changed. “We had a healthy-looking pipeline, but when the tariffs came in, we just saw more and more projects disappear,” says Rigby. S…
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Shopping assistant chatbots were a novelty a year ago. Now, they’re everywhere. After rolling out AI-powered assistants, online retailers and tech companies have been adding more artificial intelligence features to make online shopping easier and more convenient. The latest crop of AI-powered shopping services and tools made their debut in recent weeks, just in time to kick off the holiday shopping season that begins with Black Friday. Here’s a rundown of existing and newly released AI services that can help with your search for the perfect gift in the run-up to Christmas: Retail chatbots Amazon led the way by rolling out its Rufus chatbot in 2024. Other ecommerc…
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Jeff Bezos last month went public with his new AI firm, which is currently being called Project Prometheus. The effort had been in development for a while, but is still relatively secretive. There’s no website and only a sparse LinkedIn page describing itself as “AI for the physical economy.” The $6.2-billion startup may be facing lots of competition from other AI companies, including giants like Microsoft and OpenAI. At the same time, it may also have to contend with another mysterious and more modest effort that happens to have already filed a trademark application for an AI company with the exact same name. On November 17 — the same day the New York Times ran a…
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