Dyson’s family-owned parent company sees dividend fall by £500 million
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Sir James Dyson's family office has reportedly collected £5 billion in dividends from the company he founded since 2018.
https://fortune.com/europe/2024/10/02/billionaire-sir-james-dyson-family-dividend-uk-job-cuts/
IT’S OFFICIAL: OpenAI is worth $157 billion
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The AI startup is grappling with a wave of high-level exits and internal debate about its business objectives, but it has not dampened investors appetite.
The billionaire Murdoch heirs are battling for Fox News and their lucrative media empire in a Succession-style court drama
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"'King Lear' is the greatest example in the English language of how not to do estate planning. This kind of reminds me of that."
https://fortune.com/2024/10/02/billionaire-murdoch-heirs-trust-battle-succession/
IT’S OFFICIAL: OpenAI is worth $157 billion
?w=2048
The AI startup is grappling with a wave of high-level exits and internal debate about its business objectives, but it has not dampened investors appetite.
More renters think Harris is the better candidate on housing, survey finds
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Close to half think Kamala Harris would be better for making housing more affordable and almost a third think Trump would be better, according to Redfin.
https://fortune.com/2024/10/02/renters-harris-trump-housing-survey/
Hurricane Helene shuts down critical mines, endangering AI chip supply
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The two mines provide high-purity quartz for semiconductors.
https://fortune.com/2024/10/02/hurricane-helene-shuts-down-quartz-mines-ai-chips-semiconductors/
America’s corporate tax rate is right where it should be
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'The reality is that the growth in jobs and wages is contingent on a healthy private sector,' writes former chair of Ways and Means Committee Kevin Brady.
Why Aflac’s CIO won’t ever be first to market with generative AI—but is still finding ways to adopt the technology
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Aflac CIO Shelia Anderson's approach to generative AI is conservative, but with the proper guardrails and education in place, the insurance company expects external use cases will be ready in 2025.
https://fortune.com/2024/10/02/aflac-cio-conservative-approach-to-generative-ai/
Two major news outlets introduce paywalls for article access
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CNN and Reuters both institute pay walls.
Why Aflac’s CIO won’t ever be first to market with generative AI—but is still finding ways to adopt the technology
?w=2048
Aflac CIO Shelia Anderson's approach to generative AI is conservative, but with the proper guardrails and education in place, the insurance company expects external use cases will be ready in 2025.
https://fortune.com/2024/10/02/aflac-cio-conservative-approach-to-generative-ai/
Billionaire Sir James Dyson’s family pockets £700 million dividend after company announces 1,000 U.K. job cuts
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Sir James Dyson's family office has reportedly collected £5 billion in dividends from the company he founded since 2018.
https://fortune.com/europe/2024/10/02/billionaire-sir-james-dyson-family-dividend-uk-job-cuts/
Exclusive: Criminals prefer cash to crypto, new report finds
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In 2023, only 0.34% of on-chain transactions were traced back to illicit activity.
https://fortune.com/crypto/2024/10/02/exclusive-criminals-prefer-cash-to-crypto-new-report-finds/
Condoms are no longer a fact of life for young Americans. They’re an afterthought
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Fewer young people are having sex, but the teens and young adults who are sexually active aren't using condoms as regularly, if at all.
https://fortune.com/well/article/condoms-no-longer-fact-of-life-for-young-americans/
EV price parity with gas vehicles may be closer than we think
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Progress toward price parity between electric vehicles and traditional gas vehicles has been immense in the past few years.
https://fortune.com/2024/09/13/ev-price-parity-gas-vehicles-automotive-trends/
No, combustion engines won’t be supplanted by electric vehicles—and they’re critical for sustainable transport
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EVs will play a key role in the green transition, but so will hybrids and other vehicles powered by internal combustion engines.
Amazon’s RTO charge is just layoffs in disguise, experts say
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The tech mammoth’s RTO push is wildly unpopular—and that could be exactly what it wants.
https://fortune.com/2024/10/02/amazon-rto-layoffs-in-disguise-andy-jassy/
Free, at-home COVID tests are back. Here’s how to order yours
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Testing is the only way to tell whether you have COVID, the flu, or RSV.
https://fortune.com/well/article/how-to-order-free-covid-tests-fall-2024/
COVID sickens older adults most severely, but less than half say they’ll get the new vaccine
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Your immune system weakens with age, and the more underlying medical conditions you have, the higher your chances of severe COVID, the CDC says.
https://fortune.com/well/article/new-covid-vaccine-2024-2025-seniors-65-older/
How to make smart Medicare Open Enrollment choices for 2025
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“It's going to be challenging,” says expert Philip Moeller, who urges people to take their time.
https://fortune.com/well/article/medicare-open-enrollment-choices-2025/
California governor signs law allowing Dutch-style cannabis cafes
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California legalized recreational cannabis in 2016, but dispensaries that sell the substance legally remain less popular than the black market.
https://fortune.com/2024/10/02/california-governor-law-allowing-dutch-style-cannabis-cafes/