Donald Trump gains the upper hand in the prediction markets—an indicator more accurate than polls, expert claims
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More than $1.9 billion in crypto has been wagered on this presidential election on Polymarket. Here's why that matters
https://fortune.com/2024/10/15/donald-trump-election-lead-prediction-markets-predictit-polymarket/
Inside Wendy’s drive-thru AI that makes ordering fast food even faster
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Wendy's CIO goes behind the scenes on the origins and expansion of Wendy's FreshAI.
https://fortune.com/2024/10/15/wendy-google-ai-drive-thru-expansion/
Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry
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On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.
OpenAI’s lead over other AI companies has largely vanished, ‘State of AI’ report finds
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Air Street Capital's annual snapshot of the AI industry also highlights AI's falling costs and robotics' resurgence
https://fortune.com/2024/10/15/openai-ai-lead-vanishes-state-of-ai-report/
Wall Street wants a strong economy. It also wants Fed rate cuts. The two aren’t necessarily compatible
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Wall Street wants the Fed to keep cutting to a normalized rate level. It might not happen as quickly as they’d like.
https://fortune.com/2024/10/15/wall-street-economy-rate-cut-waller-comments-strength/
OpenAI’s lead over other AI companies has largely vanished, ‘State of AI’ report finds
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Air Street Capital's annual snapshot of the AI industry also highlights AI's falling costs and robotics' resurgence
https://fortune.com/2024/10/15/openai-ai-lead-vanishes-state-of-ai-report/
Elon Musk’s net worth plummeted by $15 billion after revealing the Tesla Cybercab
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Tesla’s stock fell nearly 10% following the announcement last week.
https://fortune.com/2024/10/15/elon-musk-net-worth-tesla-cybercab-event/
The U.S. defense and homeland security departments have paid $700 million for AI projects since ChatGPT’s launch
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While investors debate the business potential of AI, some eager early customers appear to be U.S. defense and security agencies.
LVMH sales drop as China demand for costly handbags falls
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LVMH’s American depositary receipts dropped as much as 10% in New York after the announcement.
https://fortune.com/2024/10/15/lvmh-sales-drop-china-louis-vuitton-handbags/
5 secrets to building a personal brand that elevates your career
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Whether you're aiming for a boardroom position or just looking to make your next career move, personal branding isn't just a buzzword; it's a crucial tool for success.
Poshmark cofounder says traditional fundraising ‘sucked’—Here’s how she got investors on board
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Tracy Sun said investors didn’t connect to the company mission, so she showed them the impact on women.
https://fortune.com/2024/10/15/poshmark-cofounder-fundraising-sucked-getting-investors/
How clever marketing turned pumpkin spice into an autumn sensation
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Despite the name, there's no actual pumpkin in the mix; these are just spices that go well with pumpkin.
https://fortune.com/2024/10/15/pumpkin-spice-history-marketing-fall/
Largest U.S. retail association predicts slower holiday sales
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The National Retail Federation said its 2024 forecast indicates that shoppers will make $979.5 billion to $989 billion worth of purchases in November and December.
https://fortune.com/2024/10/15/holiday-spending-expected-to-slow/
Why Elon Musk’s Cybercab robotaxi vision is likely still several years away
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The sleek “Cybercab” wowed guests at Tesla’s special event last week, but industry experts say don’t expect to see them out and about anytime soon.
https://fortune.com/2024/10/14/elon-musk-cybercab-robotaxi-visionlikely-several-years-away/
Walgreens to close 1,200 stores over next three years
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It’s part of a $1 billion cost-cutting plan.
https://fortune.com/2024/10/15/walgreens-stores-locations-closing/
I run a $100M VC fund for immigrants—here’s why they’re often better than those born here
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Adapting to a new country gave me the relentless drive to launch successful tech companies—and then to seek out that same spirit in others.
Exclusive: Towns raised $25.5 million from Andreessen Horowitz – The on-chain messaging platform launches today
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The platform allows users to join communities based on verified shared experiences.
Google will help build seven nuclear reactors to power its AI systems
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They’ll be used to power its AI initiatives.
Trump wants to end ‘double taxation’ of Americans overseas. Here’s what could change
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"For the general tax payer, it doesn't mean much."
Millennial boss says Gen Z job applicants have listed ‘brat girl summer’ and ‘Harry Styles enthusiast’ as work qualifications
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Some Gen Zers included "LOL" and emojis in their applications.
https://fortune.com/2024/10/15/gen-z-job-applications-resumes-brat-girl-summer-harry-styles/