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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.

https://fortune.com/2024/09/24/silicon-valley-billionaire-vinod-khosla-universal-basic-income-ai-80-jobs/

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.

https://fortune.com/europe/2024/09/10/wizz-air-ceo-passengers-suffer-pain-europes-worst-airline-8-hour-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.

https://fortune.com/2024/09/24/earth-second-lung-threat-losing-congo-basin-forests-climate-change-environment/

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.

https://fortune.com/europe/2024/09/23/germany-destatis-statistics-body-economic-indicators-tech-update/

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.

https://fortune.com/2024/09/24/jill-biden-500-million-government-plan-womens-health-clinton-global-initiative/

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.

https://fortune.com/2024/09/24/california-newsom-law-schools-districts-limit-ban-students-smartphones-campus/

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.

https://fortune.com/2024/09/24/trump-tractor-maker-john-deere-200-import-tariff-manufacturing-mexico/

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.

https://fortune.com/asia/2024/09/24/china-central-bank-support-economy-hang-seng-shanghai-shares-bazooka-stimulus/

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.

https://fortune.com/2024/09/24/mike-lynch-yacht-jewels-top-secret-classified-data-darktrace-hard-drives-spy-agencies/

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/