Newsletters
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Silicon Valley’s ‘player‑coach’ fantasy misses the point of good managers
In today’s CEO Daily: Diane Brady debunks the latest management trend. The big leadership story: Investors aren’t buying Enrique Lores’s new plan for PayPal. The markets: Mixed globally after the S&P 500 touched another new high Wednesday. Plus: All the news and watercooler chat from Fortune. Good morning. Few things transform a career or a
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How Wyndham scales AI to improve hospitality at 8,400 hotels
The business model for Wyndham Hotels & Resorts purposefully embraces sprawl. The hotel franchising company has about 8,400 hotels across six continents, comprising a portfolio of 25 brands, including Days Inn, La Quinta, and Ramada. But the $450 million that Wyndham has spent on technology since 2018 favors standardization and fewer vendors. “We realized years
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How Amex CEO Stephen Squeri is winning over younger customers
Good morning. For the past eight years, Stephen Squeri has served as CEO of American Express, but he built his entire career, more than 40 years, inside the company. In a new Fortune feature, my colleague Shawn Tully provides an in-depth and deeply entertaining profile of Squeri. The Bronx outsider—who was told he’d never be
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District, founded by three Snapchat alumni, raises a $14.7 million seed round to help independent sellers build community-driven marketplaces
Eddie Koai, Patrick Mandia, and I are watching Crazy Lamp Lady on someone’s computer. It’s a town hall of sorts. Crazy Lamp Lady is actually a big deal—her real first name is Jocelyn, but as Crazy Lamp Lady, she has more than 800,000 followers across platforms and an online marketplace attracting thousands. She’s reassuring her
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Qualcomm CEO Cristiano Amon thinks your relationship to your devices is about to change
In today’s CEO Daily: Qualcomm CEO on the future of AI-first devices. The big leadership story: The quiet engineer-CEO building Anduril, a $31 billion weapons startup The markets: A global rally is underway on reports of the U.S. and Iran nearing a peace deal. Plus: All the news and watercooler chat from Fortune. Good morning.
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Musk’s court fight against OpenAI produces more heat than light on the control of advanced AI
Hello and welcome to Eye on AI…In this edition: Sparks fly as Musk and Brockman testify in battle over OpenAI’s restructuring…the White House does a 180 degree U-turn on AI regulation and may begin reviewing AI models prior to release…OpenAI and Anthropic both target PE-backed companies with new joint ventures…a breakthrough in a foundation model
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84% of S&P 500 companies have beaten earnings estimates this quarter—and these two words keep coming up
Good morning. Corporate earnings are coming in stronger than expected, but S&P 500 executives are still choosing their words carefully. We’re about two-thirds of the way through Q1 earnings season, and several themes are emerging from earnings calls, from AI and revenue beats to geopolitical risk and oil prices. FactSet has released its latest update,
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Sequoia-backed Astrocade raises $56 million to let everyone build games
I’ve been playing this online dinosaur game called Apex Predator. It works much as you’d expect: You start off as a small, feathery compsognathus, and work your way up to velociraptor status (and beyond) by, well, being the apex predator. I know it sounds gruesome, but it actually evokes “Pacman with dinosaurs” and is even
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A jittery CEO crowd at Milken looks abroad for growth—and answers
In today’s CEO Daily: Diane Brady takes the temperature at Milken. The big leadership story: GameStop CEO Ryan Cohen’s bid for eBay would upend its nascent turnaround. The markets: Mixed as investors digest new developments in the Iran conflict. Plus: All the news and watercooler chat from Fortune. Good morning from the Milken Institute Global
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Nearly 4 in 10 job candidates have bailed on a hiring round because it required an AI interview
Good morning! Workers are worried about AI taking their jobs—and it turns out they hate it when AI is involved in their screenings for roles, too. Now, virtual avatars and chatbots have made their way into interview rounds, and it’s triggering some candidates to drop out of the running altogether. Around 63% of U.S. job-seekers