Silicon Valley billionaire Vinod Khosla says AI will handle 80% of work in 80% of jobs
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Vinod Khosla has just predicted that most jobs will be replaced by AI—whether you work on a farm or in sales. Say hello to a universal income and a 3-day week.
Trump Media shares crash to record low even as new polls gives ex-president’s campaign a boost
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Until recently the price of Truth Social's parent company, TMTG, has been seen as a barometer of the former president's election chances in November.
https://fortune.com/2024/09/24/donald-trump-truth-social-tmtg-share-price/
Mining hasn’t evolved in decades. The U.S. must reinvent it as China tightens its grip on critical minerals
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The China University of Mining and Technology alone enrolls more mining engineering students than all U.S. universities combined.
https://fortune.com/2024/09/24/mining-evolved-us-china-critical-minerals-trade-tech-minerals/
Rodial founder launched the $32 million beauty giant after getting sacked from her banking job—now she spends weekends in ‘the Hamptons of the U.K.’
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Today Maria Hatzistefanis drives a Porche, wears a Hermes watch and carries a Louis Vuitton wallet. But she initially failed to secure investment for beauty giants Rodial and Nip + Fab.
https://fortune.com/europe/2024/09/24/rodial-founder-maria-hatzistefanis-nip-fab/
Telegram will now provide user info to governments in response to legal requests
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The move comes less than a month after CEO Pavel Durov's arrest in France, where he faces charges of alleged complicity in the spread of child sexual abuse materials.
https://fortune.com/2024/09/24/telegram-provide-user-info-governments-legal-requests-pavel-durov/
Wizz Air CEO says passengers will ‘suffer the pain’ of 8-hour flights as budget airline introduces long-haul routes
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Wizz Air, which received one star for seat comfort, thinks passengers will bear the pain of new long-haul flights.
Rodial’s founder failed to secure investment for her $32 million skincare brand—now she drives a Porche, wears a Hermes watch and carries a Louis Vuitton wallet
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Maria Hatzistefanis launched beauty giants Rodial and Nip + Fab after getting sacked from her banking job—now she spends weekends in ‘the Hamptons of the U.K.’
https://fortune.com/europe/2024/09/24/rodial-founder-maria-hatzistefanis-nip-fab/
Earth’s ‘second lung’ is under threat. Losing the Congo Basin forests would set the fight against climate change back 20 years
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Earth’s second great rainforest has been largely neglected.
Elon Musk says far-right Italian PM Giorgia Meloni is “more beautiful on the inside than she was on the outside”
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Musk is eyeing business opportunities in Italy, focusing on investments in the country's space and artificial intelligence sectors.
https://fortune.com/europe/2024/09/24/elon-musk-far-right-italian-giorgia-meloni-ai/
Germany can’t get its hands on important economic indicators because of a tech update that’s been in the works for 5 years
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A tech overhaul at Germany's Destatis has meant that Europe’s largest economy hasn’t been able to publish some key economic data points since May.
Jamie Dimon thinks India will be the new China as U.S. aims to diversify away from possible future adversary
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"People call it the China+1 strategy. Companies that solely relied on China are looking at India, Vietnam, Malaysia, Indonesia etc."
https://fortune.com/2024/09/24/jamie-dimon-india-opportunity-america-china-tension/
Jill Biden announces $500 million government plan focusing on women’s health at Clinton Global Initiative
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The spending will mainly come from the Department of Defense, which provides medical care to more than 230,000 active duty military women and nearly 2 million military retirees, as well as their family members.
California Gov. Newsom signs law requiring schools districts to limit or ban students from using smartphones on campus
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The move comes after Newsom signed a law in 2019 authorizing school districts to restrict student phone access.
Trump threatens tractor maker John Deere with 200% import tariff if it moves manufacturing to Mexico
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Trump has embraced tariffs as he tries to appeal to working-class voters who oppose free-trade deals and the outsourcing of factories and jobs.
Telegram changes tack and will now provide user info to governments in response to valid legal requests
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The move comes less than a month after CEO Pavel Durov's arrest in France, where he faces charges of alleged complicity in the spread of child sexual abuse materials.
https://fortune.com/2024/09/24/telegram-provide-user-info-governments-legal-requests-pavel-durov/
China’s central bank announces its boldest measures in years, yet analysts fear they may not be enough to help a flagging economy
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"This is hardly a bazooka stimulus," Heron Lim at Moody's Analytics said.
Lost jewels and top-secret data potentially sit in the sunken wreck of a $40 million superyacht
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Mike Lynch’s mistrust of the cloud means that there might be secret information off the coast of Italy.
Rodial’s founder failed to secure investment for her $32 million skincare brand—now she drives a Porche, wears a Hermes watch and carries a Louis Vuitton wallet
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Rodial’s founder failed to secure investment for her $32 million skincare brand—after getting sacked from her banking job—now she spends weekends in ‘the Hamptons of the U.K.’
https://fortune.com/europe/2024/09/24/rodial-founder-maria-hatzistefanis-nip-fab/
Elon Musk loses legal fight with ex-Twitter employee, memo reveals
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The resolution of the dispute, which was handled through arbitration, comes almost two years after Musk acquired Twitter.
https://fortune.com/2024/09/23/elon-musk-loses-legal-fight-twitter-x/
DOJ to accuse Visa of illegally monopolizing US debit card market
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The investigation was born out of the firm’s failed acquisition of the financial-technology infrastructure firm Plaid Inc. in 2021.
https://fortune.com/2024/09/23/doj-justice-department-visa-antitrust-debit-card-plaid/