Tech
Inside the rise and fall of AI’s open source king and his $1 billion startup—and the bad breakup with key investors Coatue and Lightspeed
Stability AI, led by CEO Emad Mostaque, emerged as one of the first high-flying startups in the generative AI boom, garnering a $1 billion seed valuation. Within months the relationship with investors broke down and spurred a campaign to oust Mostaque, who resigned on Saturday.
March 27, 2024
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- CIO IntelligenceHow Principal Financial’s CIO tackles the tech debt problem that’s vexing many big companies
- Data SheetEV maker Fisker slashes prices as potential bankruptcy looms
- raceAheadAll Sephora employees have DEI goals in performance reviews. The company says the tactic paid off
- BitcoinTether and Tron continue to dominate criminal financing as overall illicit funding decreases, report finds
- BroadsheetThe woman arguing to restrict the abortion pill in the U.S.
- CHRO DailySephora says people of color now make up half its leadership because it ‘disrupted’ the recruitment process
From the magazine
Magazine
Aflac’s CEO gave us that obnoxious, genius duck and changed the insurance industry. Now, he’s facing his aging customers’ mortality—and eventually his own
Dan Amos has spent his 34 years as CEO of Aflac selling insurance against illness and death, but there are some endings that all the insurance in the world can’t prevent.
March 26, 2024
Commentary
- Sam Bankman-FriedI pleaded guilty to a $3 million fraud charge. This is my advice for Sam Bankman-Fried
- Health1 in 3 Americans who die in hospital had sepsis–and that’s just one of the many areas where AI can improve early diagnosis
- BoeingInside the cockpit at Boeing: Here are the top 5 candidates for CEO as Dave Calhoun exits
- Health1 in 4 people skip regular checkups–and forgo their chance to benefit from early cancer detection. It’s time to nag the ones you love
- leadershipThere are two kinds of companies–those that strengthen democratic capitalism and those that undermine it
- politicsFor the first time in 50 years, Democrats and Republicans are both embracing industrial policy–but that doesn’t mean it will pay off for workers
Topics
Environment
The White House and Gretchen Whitmer just took out a $1.5 billion loan to buy a nuclear power plant that was going to get dismantled
The Texas ranchers whose cattle survived the biggest wildfire in history now have cows sick with bird flu
Janet Yellen says China’s giant EV push ‘distorts global prices’ and hurts workers around the world
Finance
How a credit card’s ‘plunk factor’ became a millennial status symbol: ‘It feeds the ego’
Chocolate eggs and bunnies are more expensive than ever as dusty Sahara winds and heavy rainfall hit global cocoa supplies
Corporate KPIs could be in for a major shakeup: How AI is remaking the ways companies measure success
Health
Ask Andy: How can you tell whether a startup is a good place to work? When is it safe to disclose a mental-health challenge to coworkers?
Looking at a solar eclipse can be dangerous without eclipse glasses. Here’s what to know
1 in 3 Americans who die in hospital had sepsis–and that’s just one of the many areas where AI can improve early diagnosis
Leadership
Ask Andy: How can you tell whether a startup is a good place to work? When is it safe to disclose a mental-health challenge to coworkers?
Boeing’s issues are prompting Hong Kong’s flagship airline Cathay Pacific to consider an ‘ABC’ future: Airbus, Boeing…and China’s COMAC
Amazon injects another $2.75 billion into startup founded by siblings who worked at OpenAI
Lifestyle
How 4 minor league baseball players made $200,000 on Del Taco insider trading, complaint says: a night out drinking with a Jack in the Box analyst
Red Bull boss Christian Horner and wife Geri Halliwell are in a fight with neighbors over ‘disrespectful’ plans to build a swimming pool by an old churchyard
RyanAir CEO speaks out on 2 years of Boeing problems: ‘spanners under floorboards,’ ‘missing seat handles’ and ‘much-needed’ new management
Personal Finance
How a credit card’s ‘plunk factor’ became a millennial status symbol: ‘It feeds the ego’
How 4 minor league baseball players made $200,000 on Del Taco insider trading, complaint says: a night out drinking with a Jack in the Box analyst
Daniel Kahneman, the psychologist who won a Nobel for upending economics, dies at 90
Politics
Ex-Trump lawyer and former law school dean who suggested Mike Pence interfere in the election should lose his California law license, judge says
Was Baltimore’s bridge collapse the fault of the cargo ship or the bridge? Both, experts say—and there’s no quick fix on the horizon
Trump Social’s public debut puts ‘all other meme stocks to shame,’ veteran analyst says
Retail
Birkin bags can double in value in 5 years. An Hermès expert explains why it’s a better investment than gold
U.K.’s competition watchdog takes aim at fashion retailers ASOS, Boohoo and Asda in greenwashing clampdown
Secondhand clothing stores are red-hot as consumers look to save money
Success
New York City makes history as first American city to charge congestion toll with $15 fee to enter Manhattan
Women outearn men in just a handful of U.S. cities, report finds—and not by a lot
How Principal Financial’s CIO tackles the tech debt problem that’s vexing many big companies
Tech
Ask Andy: How can you tell whether a startup is a good place to work? When is it safe to disclose a mental-health challenge to coworkers?
Larry Summers, now an OpenAI board member, thinks AI could replace ‘almost all’ forms of labor. Just don’t expect a ‘productivity miracle’ anytime soon
Leading China VC Kai-Fu Lee warns an investor reckoning is coming for unprofitable AI companies