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Circle Internet Group released its third-quarter earnings on Wednesday, November 12, announcing a 66% jump in revenue and reserve income year-over-year (YOY). The $740 million figure stemmed, in large part, from a 97% increase YOY of average USDC in circulation. USDC, Circle’s flagship cryptocurrency stablecoin, is pegged to the U.S. dollar. It’s also one of the largest stablecoins in the world. In August, Circle announced Arc, a public blockchain designed specifically for stablecoins, such as USDC. In the earnings report, Circle claimed that over 100 companies are taking part in the launch of Arc public testnet. Jeremy Allaire, cofounder, CEO, and chairman…
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Space weather forecasters issued an alert on Tuesday for incoming severe solar storms that could produce colorful northern lights and temporarily disrupt communications. In the past few days, the sun has burped out several bursts of energy called coronal mass ejections that could reach Earth Tuesday night and early Wednesday. The potential severe geomagnetic storms could disrupt radio and GPS communications, according to forecasters with the National Oceanic and Atmospheric Administration. How bright the auroras are and how far south they are visible will depend on when the solar bursts get here and how they interact with Earth’s atmosphere. The vibrant displays could b…
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In the space of a few months, a journalistic skill that might seem straightforward to many viewers—editing tape for broadcast—has been behind a $16 million legal settlement, a network’s change in how it offers interviews on a news show, and now, the resignation of two top leaders at the BBC. The other common denominator: President Donald The President. Britain’s BBC is reeling this week following the resignations of its director-general, Tim Davie, and news chief Deborah Turness amid accusations of bias in the editing of last year’s documentary, “The President: A Second Chance.” The BBC admitted filmmakers spliced together quotes from different sections of the spe…
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Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources, according to an analysis released Wednesday. The report by the International Energy Agency said renewable energy, led by solar power, will grow faster than any other major source in the next few years and that coal and oil demand will likely peak globally by the end of this decade. The report noted that many natural gas projects were approved in 2025, due to changes in U.S. policy, indicating worldwide supply will rise even as questions remain about how it will be used. Meanwhile, global nuclear power capacity is set to incre…
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Watch out, Dr. Pepper: Mr. Pibb is in the house. After almost 25 years, Coca-Cola announced in late October that it’s bringing back Mr. Pibb, its spicy cherry soda that first launched in 1972. If you were born after the turn of the century, chances are you may have never seen a can of Mr. Pibb. That’s because, in 2001, Coca-Cola renamed and rebranded the drink to Pibb Xtra, and it’s remained largely untouched since then. Now, Coca-Cola is giving Mr. Pibb another chance. The company is reformulating the beverage, adding extra caffeine, and giving the entire brand a makeover. Its new branding is a combination of burgundy, red, and black, complete with an eye-catchin…
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Three paintings from famously chill public television legend Bob Ross sold Tuesday for more than $600,000 at auction. The paintings were the first of 30 Ross works being sold to benefit public TV stations hurt by cuts in federal funding. At the live auction at Bonhams in Los Angeles, a serene, snow vista called “Winter’s Peace” that Ross painted entirely during a 1993 episode of “The Joy of Painting” went for $318,000 to a bidder on the phone. “For a good cause — and you get the painting,” auctioneer Aaron Bastian said during the bidding. He invoked a common sentiment of Ross, who died in 1995, during a brief lull. “Bob would remind you that this is your world, and you …
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The worst part of any medical is waiting for results. That can be especially true of sexual health tests. Those conducted in person can take 24–48 hours, but if they’re submitted via at-home collection kit and mailed to a lab, it can take even longer. A new test from diagnostics company Visby Medical, launching nationwide today is changing that. Now that it’s successfully completed a pilot period, the company is bringing a 30-minute, lab-accurate PCR test for three common sexually transmitted infections to women at home. From a self-collected vaginal swab, the $149.99 test can diagnose chlamydia, gonorrhea, and trichomoniasis—three common infections that can all easi…
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With all the news in the quantum world this month—including DARPA’s new list of the most viable quantum companies, and Quantinuum’s announcement of “the most accurate quantum computer in the world“—IBM, not to be outdone, put out a statement of its own. The top-line message: We’re doing great! IBM’s quantum program is hitting all the milestones it’s set out in its most recent road map—and it is accelerating progress toward a large-scale, fault-tolerant quantum computer, by shifting production of its quantum processors out of its research labs to an 300mm quantum advanced 300mm wafer fabrication facility at the Albany NanoTech Complex. The move will double the speed at…
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What makes some people instantly likable? How can you make people want to be around you, to work with you, and follow your leadership? You may think it comes down to charisma that some people have and others don’t. In fact, there’s a simple habit that will make you instantly more likable. It’s the secret behind “magnetism,” according to Emma Seppälä, lecturer at the Yale School of Management and author of The Happiness Track. In a piece for Psychology Today, she cites research showing that “positive practices“—small moments of gratitude and caring toward other people—can turn you into one of those magnetic people others find irresistible. Showing genuine interest in o…
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World Labs, the AI model developer cofounded by AI pioneer Fei-Fei Li, has released its 3D-space generating model, “Marble.” At the Marble Labs website, creators can now input text prompts, images, or videos of pieces of a real-world environment. Marble uses them to create full 3D environments, which can include interior spaces or expansive exterior ones. Marble can reconstruct, generate, and simulate 3D worlds—think of it as a type of “world model.” In an interview with Fast Company, Li describes world models as a “significant” evolution of the generative AI era. “The large world model is really a significant step towards unlocking AI’s capability,” a category she ca…
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If you’ve ever been hit with a sketchy text warning you of an overdue toll road payment or mysterious U.S. Postal Service fees, you’ve likely been targeted by one of the largest cyber scams sweeping the globe. Now, Google is suing an international cybercrime group it believes is responsible for the ubiquitous text-based phishing scheme, which may have raked in as much as $1 billion over the last three years. In the lawsuit filed Wednesday, Google alleges that 25 people are part of a sprawling scam operation that is known as “Lighthouse” and was designed to swipe the logins and passwords of victims caught in its web. The Lighthouse scam hinges on tricking people w…
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America’s aviation system is straining under the weight of the longest government shutdown on record: thousands of flight cancellations, long delays at major airports, and frustrated travelers nationwide. In an unprecedented move, the Federal Aviation Administration last week ordered airlines to scale back domestic flight schedules, saying the cuts are meant to ease pressure on an overstretched system and help manage air traffic control staffing. Unpaid for more than a month, some air traffic controllers have begun calling out of work, citing stress and the need to take on second jobs—leaving more control towers and facilities short-staffed. The numbers show t…
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A penny for your thoughts? Well, maybe try a nickel. Though it will remain legal tender, the last-ever one-cent coin was printed Wednesday—and not without some drama. After being in circulation for 232 years, the U.S. Mint in Philadelphia hosted a ceremonial event during which U.S. Treasurer Brandon Beach struck the final circulating penny. There are an estimated 300 billion pennies currently in circulation, a number “far exceeding the amount needed for commerce,” the Mint said in a statement but retailers say they’ve already been dealing with coin shortages and a lot of confusion about how to price goods and services. It took about nine months for the penny’s fi…
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Six hundred employees just packed up their desks and quit their jobs at Paramount Skydance. The mass exodus happened after the company, formed by Skydance Media’s takeover of Paramount Global, told employees that they were instating a five-day back-to-office mandate, set to begin on January 5. The company, led by new CEO David Ellison, let staffers know that if they didn’t plan to come back to the office, they could take a buyout deal starting on September 15. However, the media giant likely didn’t expect to be handing out quite so many severance packages. According to company disclosures filed on Monday, around 600 employees in the Los Angeles and New York …
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Just a week after self-described democratic socialist Zohran Mamdani made history as New York City’s first Muslim to be elected mayor, fellow Democrat Jack Schlossberg—President John F. Kennedy’s (JFK’s) grandson—announced he is also running for office in New York City, in the Empire State’s 12th Congressional district. If elected, he would represent New York in the U.S. House of Representatives. Both men are among a wave of young, progressive, charismatic candidates calling for change, amid a backlash to not only Donald The President’s second-term agenda, but also a historically unpopular Democratic Party that many feel are doing too little, too late. That list of pr…
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Oscar-winning actors Michael Caine and Matthew McConaughey have made deals with voice-cloning company ElevenLabs that will allow its artificial intelligence technology to replicate their voices. Caine said in a statement that ElevenLabs is “using innovation not to replace humanity, but to celebrate it.” “It’s not about replacing voices; it’s about amplifying them, opening doors for new storytellers everywhere,” said the 92-year-old British actor in a written statement. McConaughey also said he is investing in the New York-based startup and has had a relationship with it for several years. Financial terms of the deals were not disclosed. McConaughey said the de…
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For many Americans, 2025 has been tough economically. Tariffs have raised the price of goods from coffee to clothing, inflation is still rising, and more than 1 million jobs have been cut since January. Then came the longest government shutdown in U.S. history, which furloughed some 670,000 federal workers. Another roughly 730,000 had to keep working, just without pay, according to the Bipartisan Policy Center. And amid that came a pause in SNAP benefits, which left 42 million Americans without the food stamps that help them afford groceries. SoLo Funds, a community finance platform, has seen the impact of these events firsthand. Requests for loans on the SoLo pla…
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Last week, Fast Company reported that regional banking giant TD Bank is planning to close more than 50 U.S. locations by the end of January. But TD Bank isn’t the only regional bank closing branches. In October, Citizens Bank disclosed that at least 14 branches throughout the United States will shutter, according to public filings. Here’s what to know and where they were located. Why is Citizens Bank closing branches? Reached for comment by Fast Company, a Citizens Bank spokesperson said its retail footprint is constantly changing along with people’s banking habits. “We regularly review customer banking patterns and make thoughtful adjustments, opening ne…
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Asked what viewers should expect when television’s MSNBC makes its corporate divorce from NBC News final this weekend, network president Rebecca Kutler points to a poster on the wall of a conference room at its new offices off Times Square. Its message reads: “Same Mission. New Name.” “To me, that encapsulates exactly what we need to be saying,” Kutler said. “Our job in the next few weeks is to flood the zone … and make sure they know the thing that they love will be the exact same thing on Nov. 15.” Saturday is when MSNBC officially becomes MS NOW, standing for My Source for News, Opinion and the World. That’s the most visible manifestation of parent company …
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Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York. Microsoft also on Wednesday announced a new data center under construction in Atlanta, Georgia, describing it as connected to another in Wisconsin to form a “massive supercomputer” running on hundreds of thousands of Nvidia chips to power AI technology. The latest deals show that the tech industry is moving forward on huge spending to build energy-hungry AI infrastructure, despite lingering financial concerns about a bubble, environmental considerations, and the political effects of fast-ris…
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Cybercrime is a serious threat to the global economy, destroying livelihoods, sowing distrust, and undermining growth. One forecast has it costing more than $15 trillion annually by the end of the decade. If so, only the GDPs of the U.S. and China are bigger. There’s cause for hope, though. As cyberthreats evolve, innovation is meeting the challenge. New solutions are leveraging AI, real-time threat intelligence, collaborative networks, and advanced authentication technologies. A GROWING PROBLEM Consider the figures. Malicious bots may now account for a third of internet traffic. AI-generated phishing attacks have multiplied tenfold in just a year, and a quarte…
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At the Exceptional Women Alliance, we enable high-level women to mentor each other to achieve personal and professional happiness through sisterhood. As the nonprofit organization’s founder, chair, and CEO, I am honored to interview and share insights from thought leaders who are part of our peer-to-peer mentoring. This month, I introduce you to Malika Begin, the CEO and founder of Begin Development, an organization development firm based in Malibu, California. Known for her signature approach to building heart-centered, high-performing cultures, Malika partners with leading organizations to strengthen executive teams, design transformational leadership programs, buil…
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Leadership is becoming both easier and harder. Artificial intelligence has revolutionized how we work, especially over the past year, as it’s transitioned from a secret aid to a welcomed enterprise partner. As a partner, it streamlines work processes, leaving more time for big-picture decisions and strategizing. Each decision, in turn, becomes more impactful. And honestly, it can be overwhelming. Leaders need people around them who challenge their thinking and keep their foot on the gas for innovation. According to Harvard Business Impact’s 2025 Global Leadership Development Study, respondents are looking for more strategy and creativity from leaders. People now d…
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People who are squeamish about needles will soon have an alternative, as the Food and Drug Administration has approved a pill version of Wegovy that could be available as soon as next month. Novo Nordisk, maker of the GLP-1 weight-loss drug, announced on Monday that it has received FDA approval for its once-daily pill that has been shown to achieve comparable weight-loss results as the injectable Wegovy. The Danish drugmaker said the pill could launch in the U.S. in early January, while it is still awaiting approval from regulatory authorities elsewhere. The news marks a new era for the spate of popular weight-loss drugs. While there is a 14-milligram oral semaglu…
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This story first appeared in Advisorator, Jared’s weekly tech advice newsletter. Sign up to get more insights every Tuesday. On a recent evening, I had a mild panic after trying to call my wife and repeatedly getting the same error: “Your call could not be completed as dialed.” She was supposed to come home late that night from an out-of-town trip with some old friends, but I hadn’t heard from her that day and couldn’t recall the timing of her flight. If her phone was merely in Airplane mode, my calls should have gone to voicemail instead of failing to connect outright. In the end, it was just a random network connectivity glitch, solved by a reboot after my w…
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