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The stat that women receive less than 2% of VC funding is often cited—but that figure tells only part of the story. Angel investors, non-dilutive grants, and other funding methods are shifting the landscape for women and other underrepresented founders—especially at a time when DEI initiatives are in peril. This panel explores how investors are closing the funding gap and what you should know to get the capital you need. View the full article
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Matcha drinks continue to challenge coffee’s dominance as the caffeinated beverage of choice. In the U.S., retail sales of matcha are up 86% from three years ago, according to market research firm NIQ. The drink’s increasing popularity, particularly among Gen Z consumers, has resulted in shortages and supply-chain issues. But when a recent Instagram reel that went viral suggested consuming Matcha might be contributing to hair loss, panic ensued. “Can I unsee this post?” one wrote. “WHY DOES THE INTERNET HAVE TO RUIN EVERYTHING,” another protested. Soon, others were sharing similar alleged experiences. “When you realise that the matcha you’ve been drinking every …
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U.S. consumer confidence declined again in September as Americans’ pessimism over inflation and the weakening job market continued to grow. The Conference Board said Tuesday that its consumer confidence index fell by 3.6 points to 94.2 in September, down from August’s 97.8. That’s a bigger drop than analysts were expecting and the lowest reading since April, when President Donald The President rolled out his sweeping tariff policy. A measure of Americans’ short-term expectations for their income, business conditions and the job market fell to 73.4, remaining well below 80, the marker that can signal a recession ahead. Consumers’ assessments of their current econom…
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In the early days of the internet, collectors traded rare whiskey and wine on eBay alongside Beanie Babies and vintage sneakers. But then, in 1999, six months after closing down firearm sales, eBay announced they would ban the sale of alcohol and tobacco products as well. “As a general rule, these laws are just so complex and contradictory, that we just decided that in the best interest of our users to prevent that situation from ever occurring,” then-spokesman Kevin Pursglove said. More than 25 years later and almost a century after the end of Prohibition, the regulatory environment is no less forgiving, and the resale of spirits online has been scattered acros…
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U.S. stocks are coasting toward the finish of Wall Street’s latest winning month on Tuesday. The S&P 500 fell 0.2% in afternoon trading but remains on track for a fifth straight winning month after setting a record last week. The Dow Jones Industrial Average was down 145 points, or 0.3%, as of 1:43 p.m. Eastern time, and the Nasdaq composite was 0.3% lower. Oil-related companies weighed on the market after the price of crude fell again as traders see too much oil washing around the world. Schlumberger fell 3.8%, and Halliburton dropped 3%. They helped offset a 12.7% jump for CoreWeave, which said Meta Platforms will pay up to $14.2 billion for a new order …
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In part four of How YouTube Ate TV, Fast Company’s oral history of YouTube, insiders describe how the company’s Partner Program began sharing ad revenue with creators, kicking off the age of the professional YouTuber. As monetization transformed the platform, creators faced the newfangled challenges of managing fame in the viral video age. YouTube, meanwhile, wrestled with hate speech and other unsavory content. With YouTube increasingly competing with TV in its classic form, it also spent billions to bring one of broadcasting’s most iconic offerings—the NFL—on board. Comments have been edited for length and clarity. Read more How YouTube Ate TV Part one: YouTube…
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It’s a familiar frustration: You miss your connection because of a delayed flight. The line at the customer assistance desk is 30 people deep. The airline app offers little help, and the call center puts you on hold for half an hour. Will you ever escape Newark Liberty International Airport (EWR)? Enter Hopper Technology Solutions (HTS) Assist, a new generative AI travel agent that helps customers with post-booking travel questions, changes, and disruptions. HTS assist was built by Hopper, the mobile-only travel-booking platform that’s known for its intuitive, user-friendly interface and for predicting flight prices with near-flawless accuracy and pinging users when i…
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The U.S. government has shut down. Last night, Congress failed to pass a new funding bill that would have kept the federal government operating normally. However, at 12:01 a.m. today, the existing funding bill ceased to be in effect, and with no new one in place, large parts of the government are now shut down. Fast Company has previously explored how the government shutdown will affect everyone, from Social Security recipients to travelers to federal workers. But the shutdown will also no doubt have an effect on the markets. And not just the stock markets. The U.S. government shutdown appears to already be having an impact on cryptocurrency markets. Her…
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Washington is bracing for what could be a prolonged federal shutdown after lawmakers deadlocked and missed the deadline for funding the government. Republicans supported a short-term measure to fund the government generally at current levels through November. 21, but Democrats blocked it, insisting the measure address their concerns on health care. They want to reverse the Medicaid cuts in President Donald The President’s mega-bill passed this summer and extend tax credits that make health insurance premiums more affordable for millions of people who purchase through the marketplaces established by the Affordable Care Act. Republicans called the Democratic proposal a no…
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Every holiday season feels high stakes, but 2025 may be the most unforgiving yet. Consumer demand remains resilient, but retailers are facing a tangle of economic headwinds, from tariffs and supply chain volatility to rising ad costs and leaner teams. In an uncertain economy, the margin for error shrinks, and the cost of a slow site or a fragile storefront grows even steeper. For years, retailers have measured holiday readiness by promotions, inventory planning, and staffing strategies. But there’s a blind spot: performance readiness. How fast, resilient, and visible your digital storefront is when shoppers show up can determine whether you hit your holiday forecast o…
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Peloton is pushing off with a new strategy for making workouts personal and more useful. The at-home fitness company today unveiled a turnaround strategy that it says will overhaul and improve its offerings by relying on AI-powered features. The company’s ultimate goal? Leveraging technology to increase personalization and create a more sticky workout experience and prevent churn, create communities between members that will bind them to the program. The new strategy comes after a rocky few years for the company. Peloton went public in 2019 at a price of $27 per share, but is now trading at $9 after incorrectly predicting demand for its products after a…
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Miklu Silvanto, Oura’s chief design officer, says incorporating advanced computing power into a tiny ring is a major challenge. It’s just as challenging to make a ring that people will actually want to wear around the clock. So Silvanto, an industrial design veteran who has worked at Apple and Bang & Olufsen, must also think of himself as a jewelry designer. “A ring is such an intimate object,” he says. “You might wear it alongside your wedding ring. You need to think comfort, and beauty, and fashion.” On October 1, Oura launches a new collection of ceramic rings that are more fashion-forward than its previous ones, which resemble metallic wedding bands. Since…
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A new business infrastructure is emerging with enormous potential impact but almost no conscious design. In this new world, algorithms negotiate with algorithms, making decisions that shape markets, determine the course of careers, and decide whether companies succeed or fail. Humans, meanwhile, risk being left to watch from the sidelines. On LinkedIn, posts written by AI models are liked by bots and commented on by AI assistants. In recruiting, candidates use AI to draft résumés while companies use AI to evaluate them. In procurement, some organizations are already using AI to draft requests for proposals, or RFPs—detailed documents that invite vendors to bid on supp…
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Halloween candy shoppers who bought Reese’s pumpkin-shaped candy said they felt tricked when the picture on the outside packaging didn’t exactly match the treat inside. They were so upset, in fact, that they filed a lawsuit in late 2023 seeking $5 million in damages. Now a judge has dismissed their claims. At issue is Reese’s Peanut Butter Pumpkins, whose wrappers show an image of a pumpkin-shaped candy with a jack-o’-lantern face carved into the chocolate outer layer. In reality, the chocolate inside is faceless. In a class-action suit filed in the U.S. District Court in the Southern District of Florida, plaintiffs claimed Reese’s candy wrappers were deceptive. …
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Thinking forward is an automatic process. Cause, then effect. Input, then output. A to B. It feels logical—and normal to start with a conclusion, then find justification around it. But we can always take our thinking a step further. Sometimes, the best way to get the answers you want is to think backwards. It’s called mental inversion. Turn the whole thinking process upside down. As the great algebraist Carl Jacobi said, “Invert, always invert.” Put another way, “What would guarantee I fail at X?” is a better question than “How do I achieve X?” Most people focus on the obvious process because the brain doesn’t like to think through ugly pitfalls. Starting from B to …
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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. As ResiClub has closely documented, Florida has been the epicenter of U.S. housing market weakness in 2025. However, KB Home executives now believe the worst may be behind them—at least for their business—in the Sunshine State. While giant homebuilder KB Home—which has a $4.3 billion market capitalization—isn’t ready to call it an inflection point for the entire state, it believes its price cuts in Florida were more than sufficient to stabilize demand for its business. In fact, it may have cut too deeply in Florida and could now need to raise pri…
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A few years into the AI boom, it’s clear that designers can rely on AI for some things. It can automate tedious tasks in Photoshop that once took up precious time. It can generate images on command (quality be damned!). It can schedule a meeting, respond to an email, and take notes on a Zoom call. But for all the hype, we know that AI isn’t a silver bullet for the real problems creatives face. Far from it. So we wondered: When it comes to design and creative work, in a blue-sky scenario, what do today’s design leaders wish AI would actually take care of for them? We asked nine great designers that very question, and got back some interesting answers. Their…
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TikTok has been abuzz with the workplace trend “task-masking”—that is, making yourself look busy so that your boss thinks you’re hard at work. Cue behaviors like pounding hard on the keyboard, always keeping your status to “active,” or walking around the office with your laptop and looking like you have somewhere to be when you don’t. “It’s all show. It’s all performance,” one TikTok user posted. “They could be typing a thousand words a minute, but really be typing nothing,” posted another. Some argue that it’s backlash against return-to-office policies: “Many of these employees, especially Gen Z, feel like their presence doesn’t equal productivity,” a TikTok user sa…
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If you’re in charge of an editorial team, you’re used to objections from the rank and file about using AI. “It gets things wrong.” “I don’t know what it’s doing with my data.” “Chatbots only say what you want to hear.” Those are all valid concerns, and I bring them up often in my introduction to AI classes. Each one opens a discussion about what you can do about them, and it turns out to be quite a bit. AI hallucinations require careful thought about where to apply fact-checking and “human in the loop.” Enterprise tools, APIs, and privacy settings can go a long way to protecting your data. And you can prompt the default sycophancy out of AI by telling it to give you c…
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On the heels of Starbucks’ recent announcement it will be cutting 900 corporate roles and closing 1% of its Northern American stores by the end of 2025 (after accounting for both new openings and closures), Starbucks Workers United said Tuesday that 59 of those locations marked for closure are unionized locations. Starbucks Workers United, the worker-led effort to unionize Starbucks baristas, represents 12,000 baristas in 45 states and Washington D.C., across more than 650 cafes. The closures, announced last week by CEO Brian Niccol, are part of a massive $1 billion restructuring strategy dubbed “Back to Starbucks,” aimed at turning around declining sales and bran…
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According to the National Association of Corporate Directors, boardrooms today face a dizzying list of risks: economic volatility, geopolitical tensions, cybersecurity threats, technological disruption, and a tightening labor market. But the one risk too often overlooked? That businesses rely on healthy people and healthy communities. Despite spending more on healthcare than any other nation, the U.S. is falling behind on nearly every major health indicator. Life expectancy is declining, chronic illness is rising, and access to care remains uncertain for one in four Americans. These aren’t just public health issues. They’re economic issues. They weaken our workforce, …
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Today, design drives effective business strategy, but design education hasn’t caught up. As companies scramble to digitally transform, adapt to the climate crisis, and navigate culture and trade wars, design’s role has expanded—moving to the center of how organizations shape products, services, and systems. With this elevated role comes a sobering reality: Many design leaders feel increasingly out of their depth. Promoted for creative excellence, they suddenly find themselves navigating boardrooms, budgets, business models, and organizational change without the proper preparation. As Fast Company puts it, a generation of design leaders are in the midst of a “big desig…
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I recently spoke to a donor who reviewed a batch of proposals from different groups—different names, different logos, but nearly the same projects. Teams had reinvented the same wheel in parallel. Individually, some of those projects might get funded. Collectively, the sector missed the chance to pool efforts and solve a larger piece of the problem. That felt wrong, not because anyone was bad, but because our systems make it easier to duplicate than to unite. Here’s what should terrify donors: Even as funding tightens, duplicated projects still get financed while collaborative funds report backing organizations that figured out how to work together, with $2–3 billion …
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AI isn’t a cost-cutting tool. It’s a revenue multiplier. Yet too many companies are stuck asking how AI can help them run leaner with fewer people, faster processes, lower costs. That question won’t unlock exponential growth. The better one is: How can AI help us grow faster, sell more, and drive new revenue streams? Yes, cost savings will deliver marginal gains. But accelerated and/or new revenue unlocks step-change impact. If your AI doesn’t show up in your P&L as higher conversion, more long-term value, and stronger monetization, then it’s not a strategy. It’s just automation. THE REVENUE UNLOCK IS HIDING IN PLAIN SIGHT AI’s real power lies in how it tra…
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Curing cancer. Reducing carbon emissions. Maximizing business efficiency. To achieve all this and develop untold social goods, artificial intelligence “accelerationsts” at companies like Google, Meta, and OpenAI believe their industry has a duty to speed ahead towards superintelligence, or AI that’s far superior to humans at most tasks. Key to that revolution will be the build-out of data centers. Meanwhile, a technical transformation of the workplace already appears to be underway. The nation’s largest employer, Walmart, said that because of its AI implementation, hiring will remain flat over the next three years even if revenues rise. Every business—not just the big…
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