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Late last year, Meta confirmed it would effectively be abandoning the metaverse, a nebulously defined project that spurred the company’s 2021 rebrand and has cost it over $70 billion since. At a strategy meeting at Mark Zuckerberg’s Hawaii compound, Reality Labs, the division responsible for the metaverse, was told to cut its budget by 30%, versus only 10% across the rest of the company. Reality Labs’ fate was arguably a long time coming: The division has never turned a profit, with cumulative losses these past five years totalling $73 billion. Wall Street reacted positively to the news, adding $69 billion to its market capitalization. You remember the metaverse, don…

I teach AI to editorial and PR teams for a living, and if there’s one thing that excites and engages them more than any other, it’s vibe coding. The highly visual and interactive projects my students create with vibe-coding tools often turn me into the person taking notes. Vibe coding is definitely having a moment. It’s arguably the most impactful thing to come out of the field of generative AI in the past year, at least as far as applied AI goes. Broadly, vibe coding is the practice of using AI to create not just “content,” but webpages, apps, and experiences—software people can actually do things with. And you don’t need to know a lick of code: The AI will take your…

Where success is concerned—in whatever way you choose to define success—effort matters. So does skill. Experience. Perseverance. A willingness to do what others will not. And a little bit of luck: A study published in Physics and Society found that while some degree of talent is necessary to be successful in life, “almost never do the most talented people reach the highest peaks of success, being overtaken by mediocre but sensibly luckier individuals.” Outworking, outthinking, and outlasting other people will definitely improve your odds of success, but still: You need a little luck. Fortunately, all luck isn’t necessarily random. According to neurologist Jame…

Paul Thomas Anderson’s ragtag revolutionary saga “One Battle After Another” took top honors at Sunday’s 83rd Golden Globes in the comedy category, while Chloé Zhao’s Shakespeare drama “Hamnet” pulled off an upset over “Sinners” to win best film, drama. “One Battle After Another” won best film, comedy, supporting female actor for Teyana Taylor and best director and best screenplay for Anderson. He became just the second filmmaker to sweep director, screenplay and film, as a producer, at the Globes. Only Oliver Stone, for “Born on the Fourth of July,” managed the same feat. In an awards ceremony that went almost entirely as expected, the night’s final award was the most s…

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations. The move represents an unprecedented escalation in President Donald The President’s battle with the Fed, an independent agency he has repeatedly attacked for not cutting its key interest rate as sharply as he prefers. The renewed fight will likely rattle financial markets Monday and could over time escalate borrowing costs for mortgages and other loans. The subpoenas relate to Powell’s testimony before the Senate Banking Committee in June, the…

After seeking Chapter 11 bankruptcy protection in November 2025, Ohio-based retail chain American Signature Inc. (ASI) now says it will close all of its Value City Furniture and American Signature Furniture stores. Here’s what you need to know about the first major home retail store closings of the year, and why some of the chain’s customers need to beware. What’s happened? As Fast Company previously reported, home furnishings retailer American Signature Inc. announced in November that it had filed for Chapter 11 bankruptcy protection. The Ohio-based company was founded 78 years ago in 1948 and grew to become one of the country’s largest regional home furnishin…

It’s a bird. It’s a plane. It’s the next phase of expansion planned by Walmart and drone company Wing. The companies plan to roll out additional locations for drone delivery in metropolitan hubs like Los Angeles, St. Louis, Cincinnati, and Miami this year in what they call “the next chapter of the world’s largest drone delivery expansion.” This expansion adds to the 100 stores already planned in metro areas like Orlando and Houston. The drones are expected to start flying in the latter city this week. The expansion will increase Walmart and Wing’s network to more than 270 locations across the country in 2027. “Whether it’s a last-minute ingredient for dinner o…

Almost lost and nearly forgotten, a sculpture by one of the most noted mid-century modernist designers has been given a meticulous restoration and a starring place in the new headquarters of General Motors in downtown Detroit. Designed by artist Harry Bertoia and first installed in 1970, the sculpture is made of two clusters of long steel wires intertwined like twigs in a bird’s nest. Stretching 26 feet in height, the sculpture is now hanging in the atrium of a newly built 12-story mixed use building in Detroit that’s the home of GM’s new global headquarters. GM, which has featured Bertoia’s work in other company properties since 1953, spent an undisclosed sum of mone…

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. In recent weeks Modern CEO has published predictions for 2026 from CEOs across industries and a list of books that can help leaders get ready for the year ahead. We invited readers to share their own prognostications and book recommendations. (Respect to the author who endorsed her own book…

It’s become almost a cliché to talk about how consistently organizational change fails. Study after study finds that roughly three-quarters of change efforts don’t achieve their objectives. There are underlying forces that work against us adapting to change—including synaptic, network and cost effects—that lead to resistance. Another problem lies in how we study change itself. Typically, researchers at an academic institution or a consulting firm interview executives that were involved in successful efforts and try to glean insights to write case studies. These are famously flawed, lacking controls, and often relying on self-serving accounts. One unlikely place …

Yes, there are the New Year’s traditions of setting ambitious goals and ditching bad habits, but one evergreen resolution that ought to top lists is to banish bad design. Why endure something that simply doesn’t work (or is an affront to aesthetics) any longer than we have to? In the spirit of fresh starts, we polled experts in architecture, tech, industrial design, and urbanism on the everyday annoyances and the big-picture issues that they think are in desperate need of a refresh in 2026. (Top on my personal list? Eye-searing headlights.) Design is inherently an optimistic act, and by fixing these issues, we’re a step closer to a more beautiful and better world…

Most adults are in the very early stages of grasping how to use artificial intelligence. The The Lego Group thinks that children need to build their own learning path to understand the fast-evolving technology. On Monday, the Danish toy maker debuted a new computer science and AI curriculum for K–8 classrooms, Lego’s first foray into AI that comes more than three years after the debut of OpenAI’s ChatGPT chatbot. The “Lego Education Computer Science & AI” kits include Lego bricks and other interactive hardware components, as well as online education materials intended to take children from the beginning stages of AI literacy through hands-on experimentation. D…

The majority of us see change as a blind scary leap into the unknown—a scary evolution that demands we give up on everything we know. But what if we reframed change, not as something that happens to us, but as something we actively choose? Traditionally people perceived change in black-and-white terms: either you can change, or you can’t. That kind of thinking sets us up for failure by assuming that change requires some grand, perfect plan or major shift in direction. However, we also have the power to make small changes, no matter how minor they seem. And it’s these small changes that, over time, lead to profound transformation. Fear Takes the Wheel The most …

As 2026 begins, many organizations are launching AI transformation initiatives. The new year brings with it fresh budgets, renewed strategic focus, and mounting pressure to capture value from artificial intelligence. Yet studies consistently show that most AI projects fail to generate meaningful returns. Companies pour resources into promising experiments that never scale, accumulate tools that are never integrated, and watch initial enthusiasm curdle into skepticism. What separates organizations that create lasting value from those that don’t is rarely the technology to which they have access. Instead, the critical “secret sauce” lies in having a systematic, rigorous…

When a 7.7-magnitude earthquake hit Myanmar last year, roads buckled and thousands of buildings collapsed. But a group of small, ultra-low-cost homes made from bamboo survived without any damage. Finished just days before the quake, the houses are emergency shelters for some of the millions of people displaced by Myanmar’s ongoing civil war. Myanmar-based architecture studio Blue Temple worked with its spinoff construction company Housing Now to make the simple prefab homes as low-cost as possible while still able to withstand natural disasters. “We built them for the price of a smartphone—about $1,000 U.S. dollars per house,” says architect and Blue Temple founde…

Trust used to be the benefit of the doubt. Now it is the battle to be won. Recently, I asked a CEO client why she didn’t want to speak on a panel her team had been invited to. Her answer? “I’d rather the company speak for itself. I don’t want to make it about me.” That hesitation is common. Many leaders assume visibility is self-serving. But today, staying behind the scenes isn’t humility. It’s a risk. When nearly 70% of people believe business leaders intentionally mislead the public, credibility and trust, not marketing, has become the new currency. We are leading in an era when silence is interpreted as indifference and visibility is mistaken for vanity. That t…

A few of the neatest gadgets at the Consumer Electronics Show (CES) 2026 weren’t anywhere near the Las Vegas Convention Center trade show venue. Instead, they were sitting on a table at The Venetian Resort’s food court, at least on Monday when Core Devices founder Eric Migicovsky was holding press meetings. He had a couple of quirky Pebble smartwatches to show off, with lo-fi e-paper screens in round and rectangular forms, and he was wearing an early version of the Pebble Index, a smart ring whose main job is capturing voice notes. (He moved to a booth in the bowels of the Venetian expo when CES officially got underway.) Unlike a lot of exhibitors, Migicovsky isn’…

Every organization believes it’s in the productivity business. Every executive thinks faster, longer, more densely packed meetings equal better results. They’re wrong. The meetings that actually work—the ones where breakthroughs happen and teams leave energized rather than depleted—operate on a completely different logic. They’re designed around how human brains actually function, not how we wish they would. By helping organizations transform their cultures through my Move. Think. Rest. (MTR) framework, I’ve watched the same pattern emerge: Companies spend millions on the latest collaboration software and meeting tech, then squander the opportunity by applying the…

Although there is no shortage of AI enthusiasts, the general public remains uneasy about artificial intelligence. Two concerns dominate the conversation, both amplified by popular and business media. The first is AI’s capacity to automate work, fueling widespread FOBO, or fear of becoming obsolete. The second is AI’s tendency to reproduce or even exacerbate human bias. On the first, the evidence remains mixed. The clearest signal so far is not the wholesale replacement of jobs, but the automation of tasks and skills within jobs. Most workers are less likely to lose their roles outright than to be forced to rethink what they do at work and where they add value. In that…

Roblox, a gaming app used by nearly half of the entire U.S. population of under-16s, has rolled out a new mandatory safety feature to put a stop to children communicating with adults on the platform. Starting on January 7, players in the U.S. were required to submit to facial age estimation via the app to access the chat feature, although age verification remains optional to play the games themselves. Users in the U.K., Australia, New Zealand, and the Netherlands are already required to complete an age check to chat with other users, but the requirement will now roll out to the U.S. and beyond. The verification is being processed by a third-party vendor, Pers…

Just four days into the new year, awards season kicked off with the Critics Choice Awards. One week later, it’s time for the Golden Globes to shine. The 83rd edition of this star-studded event—which takes place on Sunday, January 11, in Beverly Hills, California—celebrates greatness in both television and film. Here’s everything you need to know about the big night, including how to tune in. History and past controversy of the Golden Globe Awards The Hollywood Foreign Press Association (HFPA), the former organization behind the Golden Globes, was founded in 1943. Under this banner, journalists came together to create an awards ceremony to honor the artists the…

When the inevitable robot uprising comes, I’ll be ready, thanks to some valuable lessons I picked up at CES. First, if given the choice of a dance off versus hand to hand combat, opt for the fight. Second, wear a cup when you do. Robotics company Unitree showcased its G-1 humanoid robot at the show. The G-1 is a rarity in the robotic world in that it’s already on the market for under $15,000. Unitree’s booth was an ongoing spectacle, surrounded by people eager for a close look at the dapperlooking unit, wearing a white shirt and button down vest, showcasing impressive dance skills, throwing down moves that even Shabba-Doo and Bugaloo Shrimp could respect. There w…

There are few things more evocative of the free American spirit and the nation’s wide-open spaces than the image of a Harley-Davidson motorcycle zooming down a stretch of empty highway. But while taking one of the legendary hogs for a spin may still be liberating for riders, the company’s independent dealership owners are feeling an increasingly tight financial and business squeeze. A rash of reports in recent weeks have sounded alarms about the troubles Harley dealers face, and the rising number of dealerships closing shop as a result. While Harley-Davidson still counts more than 650 of those locations in operation across the U.S., specialist automotive media warn th…

When a grizzly bear attacked a group of fourth- and fifth-graders in western Canada in late November 2025, it sparked more than a rescue effort for the 11 people injured—four with severe injuries. Local authorities began trying to find the specific bear that was involved in order to relocate or euthanize it, depending on the results of their assessment. The attack, in Bella Coola, British Columbia, was very unusual bear behavior and sparked an effort to figure out exactly what had happened and why. That meant finding the bear involved—which, based on witness statements, was a mother grizzly with two cubs. Searchers combed the area on foot and by helicopter and tra…

However uncertain the outlook is for the American auto industry in the age of tariffs, growing competition from China, and the rise of EV upstarts, the view inside the new boardroom at General Motors is stylishly optimistic. Part of the automaker’s new corporate headquarters that’s opening January 12, the boardroom is a large and elegant space with a massive marble table surrounded by mainstay elements of mid-century modern design. Fluted wood wall treatments, subtle curves, geometric overhead lighting, minimalist bench seating, and sweeping views of a changing downtown Detroit combine to create a physical manifestation of how GM sees itself evolving through the 21st …