Source: Fortune Summary ByteDance, the company behind TikTok, has released a new AI video generator called Seedance 2.0, which has sparked outrage from Hollywood organizations. The tool allows users t...
Source: Fortune Summary Amazon's smart doorbell maker Ring has ended its partnership with police surveillance tech company Flock Safety after a backlash over a Super Bowl ad that sparked fears of a dy...
Source: Fortune Summary Bank of America CEO Brian Moynihan says that while AI will be disruptive in the banking industry, it won't lead to massive unemployment. He cites the example of the US labor fo...
Source: Fortune Summary Victoria's Secret is attempting to revamp its image by embracing glamour and fantasy, with CEO Hillary Super aiming to create an "uplifting place to escape to" for women. Super...
Source: Fortune Summary Demis Hassabis, CEO of DeepMind, and James Manyika, Google's senior vice president of technology and society, discuss the potential of AI to accelerate scientific breakthroughs...
Source: Fortune Summary American Airlines CEO Robert Isom is facing criticism from union leaders and pundits, who compare the company's financial performance unfavorably to that of Delta and United. H...
Source: Fortune Summary Investors are reassessing their expectations about the impact of AI on global industries, leading to a $2 trillion wipeout in software market caps. Deutsche Bank's Jim Reid arg...
Source: Fortune Summary The US dollar has been declining despite a growing economy and declining inflation. The dollar has lost 9.4% of its value over the last 12 months and is down 8% against the Bri...
Source: Fortune Summary Stephen Schwarzman, the CEO of Blackstone, plans to transfer a "substantial majority" of his $47.8 billion fortune to his foundation upon his death, according to a report by Th...
