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Last night’s surprise announcement from Netflix that it was abandoning its Warner Bros. takeover bid in the wake of a “superior” offer from Paramount Skydance has sent shockwaves through both Hollywood and Wall Street. And investors in all three companies have reacted strongly. Here’s what you need to know. What’s happened? Yesterday, Warner Bros. Discovery said it has determined that a revised bid for its cinema and television properties from Paramount Skydance was a “superior proposal” to Netflix’s long-standing offer of $82.7 billion. Paramount, which has been in a hostile bidding war with Netflix over the movie studio, issued a new proposal to Warner Br…

If you don’t want to be left behind by the AI revolution, you really need to start paying for it. At least that’s become the common refrain among some AI enthusiasts, who seem intent on instilling FOMO in less technical users. The free versions of ChatGPT and Claude, they say, are woefully inadequate if you want to understand where things are headed—so stop being a cheapskate and hand over your $20 (or $200) a month like the rest of us. “Judging AI based on free-tier ChatGPT is like evaluating the state of smartphones by using a flip phone,” HyperWrite CEO Matt Shumer recently wrote in a widely shared essay on AI’s impact. “The people paying for the best tools, an…

It’s the last week of Black History Month (BHM) and it’s clear Americans are over performative values. Trite BHM-inspired merchandise sits on retailer shelves untouched while media is abuzz covering the artistry, activism, and symbolism of Bad Bunny’s Super Bowl halftime show. The signal is clear: consumers are looking to brands for real solutions to real problems, not products that commodify culture. Most companies build everything from advertising to AI for the “average user,” but in doing so, they react to rather than lead markets. Strategic leaders look to growth audiences—underserved groups who are the fastest-growing demographics—as lead users. They are the “can…

At hundreds of Burger King restaurants across the U.S., there’s a new invisible worker who’s tracking which ingredients are in stock, analyzing daily sales data, and checking in on whether employees are saying “Thank you” and “You’re welcome.” It’s an AI assistant named Patty. According to Thibault Roux, Burger King’s chief digital officer, the voice-activated chatbot is designed to help employees and managers handle tasks that might usually require pulling out a computer or consulting with an instruction guide. Patty began showing up at select locations about a year ago, and is now in a pilot phase at approximately 500 Burger Kings. It’s expected to roll out to the …

Recently, Grok AI faced criticism after users found it was creating explicit images of real people, including women and children. Although xAI has now implemented some restrictions, this incident revealed a serious weakness. Without safeguards and diverse perspectives, girls and women are put at greater risk. The dangers artificial intelligence poses to women and girls are real and happening now, affecting their mental health, safety, healthcare, and economic opportunities. Last fall, a mother discovered why her teenage daughter’s mental health had been deteriorating: It was a result of conversations with a Character.AI chatbot. She’s not alone. Aura’s State of Youth …

As a young child, interior designer Jeremiah Brent and his mother visited open houses and model homes in his hometown of Modesto, California, as a form of daydreaming. Brent walked through the houses, imagining the people who might live there, building a fantasy around what these homes could be. Since then, Brent has turned his childhood design obsession into a sprawling career: He runs a 50-person design firm, moonlights on Queer Eye, and recently brokered his first bedding deal with Target. Having come up in the industry through a series of audacious bets on himself, Brent has developed a sense of humor and pragmatism around his relationship with creativity and his…

It’s sometime in the future, and Elon Musk, Jeff Bezos, and Sam Altman have joined forces on a new venture called Energym. The global chain of gyms is designed to harness the energy of the unemployed as they exercise on machines. The generated electricity feeds the AI servers that put them out of a job. Think Planet Fitness meets the Matrix, but without living in a simulation. Energym’s mission is to feed the AI machines with human sweat, and it’s a great business model. By 2030, almost 80% of people have lost their jobs. If you have no money and no purpose, you may as well use all your free time to work out and feed AI server fans with some kilowatts. “It solves our …

What began as a race to build better AI models has escalated into a competition for compute, talent, and control. Foundation models—large-scale systems trained on vast datasets to generate text, images, code, and decisions—now underpin everything from enterprise software and cloud infrastructure to national digital strategies. The industry’s language around AI has grown more ambitious—and more elastic. Agentic AI has leapt from research papers to Davos billboards, while artificial general intelligence, or AGI, now appears routinely in investor decks and earnings calls. Definitions have begun to blur. Some companies quietly lower the bar for what qualifies as general, …

Early in my career, a colleague and I made a shared commitment one summer to eat healthier. Salads. Smoothies. The full routine. Like many well-intentioned plans, our discipline began to fade after a few weeks. Eventually, we introduced what we jokingly called Grease Wednesdays, a weekly cheat day as a reward for all our good behavior. Every Wednesday, one of us would head out to grab fast food, and we’d hide away in a small boardroom to indulge in our shared lack of nutritional discipline. At first, it was just the two of us, chatting with laptops closed and fries on the table. And then coworkers began peeking into whatever boardroom we were in, curious about the…

Being a middle manager often feels like living in two worlds at once. On one side, executives cascade big goals and sweeping strategies. On the other, teams look to you for clarity, advocacy, and daily guidance. You’re constantly reconciling top-down demands with bottom-up realities, often with too little time and too few resources to satisfy either side. The paradox of the role is stark: Middle managers carry enormous responsibility for execution but don’t always have the authority to make critical decisions. You’re expected to deliver results on budgets you don’t control, within structures you didn’t design, and through policies you didn’t write. This tension is one…

I have what I consider a healthy skepticism toward authority. I’ve always considered leaders—despite what titles they hold—as fallible people who don’t necessarily deserve blind adulation or deference. That skepticism has made it hard for me to adopt the “company man persona,” which might explain how little of the proverbial corporate ladder I’ve climbed. And rather than take responsibility for that, I’m going to “blame” my dad: The instinct to question rather than comply, to think critically instead of playing yes-man, came from him. We never had a formal conversation about it. I just watched how he moved through the world—confident, grounded, with little to prove—a…

We’ve been sold a lie. Somewhere between “go to school” and “get a job,” work became the central node of our lives—the very thing that defines us. We measure our worth by our output, our identity by our title, and our health by how much we can endure. The hours. The travel. The back-to-back meetings. The busyness. That’s not the picture we painted for ourselves when we chose our major in college and envisioned what we thought would be a fulfilling career; that’s conditioning. The result of which has shaped our meaning of work and how we see ourselves in it. But meaning isn’t found in the busyness of the grind—rather, it’s found in alignment. And when our work has gre…

This story was produced by Grist and co-published with Source NM. The first thing Andy Barrientes noticed when he showed up for his shift at RMS Foods on Valentine’s Day in 2005 was the cloud of black smoke emanating from the building. A fire had started in the factory around 4:20 p.m., not long before Barrientes was scheduled to clock in as maintenance manager at the food manufacturing plant in southeastern New Mexico. The blaze had caught his coworkers coming off the day shift by surprise; they reported smelling the smoke before seeing the flames. When Barrientes arrived, he saw the staff huddled together at the park across the street. “Everyone was holding han…

According to the World Economic Forum, 40% of employers expect to reduce their workforce where AI can automate tasks by 2030. Thanks to artificial intelligence, leaders are under pressure to raise the bar on what they will deliver to their stakeholders—with the expectation that thanks to AI, companies can (and must) achieve more. That matters for job hunters, who need to get clear on the value they can provide to organizations if they want to get hired. And while we can be reactive—relying on the AI screeners, which many recruiters use, to select us out of the pile of submitted résumés—we should get proactive, smartly deploying our networks to get our feet in the door…

Mark Zuckerberg was 19 when he started Facebook. Bill Gates was 21 when he started Microsoft; co-founder Paul Allen was 23. Steve Jobs was 21 when he co-founded Apple; co-founder Steve Wozniak was 26. Amazon’s Jeff Bezos and Nvidia’s Jensen Huang were 30. Yet they’re the exceptions, not the rule. A study published by the National Bureau of Economic Research found the average age of entrepreneurs who start a company and go on to hire at least one employee is 42. A study conducted by the Census Bureau and two MIT professors found the most successful entrepreneurs tend to be middle-aged, even in the technology sector. After compiling a list of 2.7 million company founde…

Some consider self-employment a soul-crushing grind—a pit of despair one falls into after being laid off, or after graduating into a job market where entry-level jobs have evaporated. Chasing clients, following up on payment requests, and working into the night, all for little pay . . . it’s a stopgap until you find a full-time job. Who on earth would choose it? But freelancing doesn’t have to feel like gig work. And in fact, plenty of people, especially Gen Zers, do deliberately choose it. If you’re skeptical about freelancing or struggling to earn enough to pay your bills, it might be time for a mindset audit: Instead of thinking like a paycheck-chasing hustler, thi…

From changing the daily workflow to the way we order food at a kiosk, AI is showing up in just about everything we do. But according to a new report, the way people use AI differs based on generation. And some of those ways are downright weird. The new insights come from a survey by AI-powered study aid Edubrain of 3,000 Americans ages 18 to 60. (Boomers weren’t included in the survey, but according to other recent research, they’re the least likely to use AI). It found that when it comes to who is using AI the most regularly, it’s not the youngest tech-savvy group. It’s actually millennials: 37% of the group uses it daily, while only 25% of Gen Zers, and 19% of …

Grating coworkers, tone-deaf bosses, a ninth ask for revisions on a PowerPoint deck—as the workday annoyances pile up, it’s only a matter of time before every worker hits a boiling point. And when they do, they often hit up a trusted colleague to vent to in a direct message on a platform like Slack or Teams. “So often you’re sitting in a meeting, you’re hearing something, and you’re like, ‘Am I crazy, or are they contradicting themselves? Did they change the strategy again? Can you believe they just said this thing?’” says one former employee at a consulting firm, who agreed to speak to Fast Company anonymously. Sounding off to coworkers in DMs feels like both an out…

In the latest chapter of the pizza wars, Papa Johns announced it is closing hundreds of North America locations during a fourth-quarter earnings call on Thursday. It will also cut about 7% of its workforce. In that call, Papa Johns’ chief financial officer and president of North America Ravi Thanawal said the company plans to shutter a total of 300 underperforming restaurants in North America “that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant.” The closures will happen by the end of 2027, with the first two-thirds closed by year end.…

If the 1990 classic movie Ghost is any indication, the dead love a good tune. We all remember when the recently deceased Sam (Patrick Swayze) had his infamous pottery session with his very alive partner Molly (Demi Moore). Now, Liquid Death and Spotify are aiming to use music in a similar way, by giving a few hundred of the recently deceased the opportunity to hear their favorite music for all of eternity. The two brands have collaborated on what they claim to be the first-ever Bluetooth-enabled speaker urn. The tasteful white urn has a top outfitted with a Bluetooth speaker. Spotify is also introducing the “Eternal Playlist Generator” in the U.S., where you can…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Since the 2008 housing bust and subsequent Great Financial Crisis (GFC), mortgage lending has steadily shifted away from big banks. In the years that followed—amid tighter regulations, higher capital requirements, and elevated litigation risk—many large banks, including Bank of America, JPMorgan Chase, and Wells Fargo, reduced their mortgage footprint. In that void, nonbank lenders, also known as independent mortgage banks (IMBs), such as Rocket Mortgage, United Wholesale Mortgage (UWM), and loanDepot, gained market share. Now, a top Federal Reserve …

For the first time in history, podcasts have overtaken talk radio as the most-listened-to medium for spoken-word audio in the United States. Podcasts, including video podcasts, eclipsed AM/FM talk radio (which notably doesn’t include listening to music on the radio), with 40% of listening time, as opposed to 39% for radio, according to Edison Research’s Share of Ear survey. Researchers have tracked these statistics over the last decade. In 2015, AM/FM radio accounted for 75% of the time Americans spent listening to spoken-word audio. At the time, podcasts accounted for just 10%. Year over year, that gap has slowly closed, as podcasts boomed in popularity, incr…