In a recent viral LinkedIn post, Cap X Media’s CEO Matthew Baltzell poses in a backwards baseball cap and details his experience firing an employee for the first time. He talks about the process, what he learned, and asks for feedback from readers. One commenter wrote, “This LinkedIn post is a disgrace,” while another said, “You brought pain into someone’s life and then turned it into a ‘gold star for me’ moment. They’re certainly appalled by this on other (less weird) social platforms.”But...

Back in April, President Biden signed a law that would ban TikTok unless its parent company, ByteDance, sells the social media app. The company was given about nine months to a year to find an American buyer. So, today we’re going to dive into the race to buy the social media app . . . specifically looking at one billionaire who’s spearheading a bid: former Los Angeles Dodgers owner Frank McCourt. Fast Company Senior Staff Editor Max Ufberg sat down with McCourt a few weeks ago to discuss his...

A nonprofit founded by right-wing billionaire Charles Koch was a "key contributor" to a recent video produced by the popular content creator MrBeast. The video, titled "We Schooled Hundreds of Teachers," was uploaded on April 30th to "Beast Philanthropy," a second channel MrBeast uses to showcase charity work. MrBeast, whose real name is Jimmy Donaldson, lists the organization Stand Together as one of the main financial sponsors. Stand Together was founded by Koch in 2003 as The Seminar...

Last September, CollegeHumor rebranded as Dropout. The 25-year old comedy platform made the move after a surge in subscriptions to the company's streaming platform, Dropout TV. After decades of struggling to find profitability, this became the centerpiece of its business model. “Truthfully, as a high school dropout, I never really connected with the brand name CollegeHumor,” said Dropout CEO Sam Reich. "We promised ourselves we would only do away with the name when we felt that Dropout was...

Last week, an article by ‘Fast Company’ senior writer Ainsley Harris riled up a small but very online part of the tech community. Venture capitalist Marc Andreessen, Elon Musk, Anduril Industries founder Palmer Lucky, Y combinator CEO Garry Tan, and even MrBeast, along with many others, were all reacting to her article, ‘Tech bro podcasts are obsessed with alpha men, and it’s dangerous for the rest of us.’ We talked to Ainsley and had her explain why so many ‘techno-optimists’ fell in love...

By now, we’re used to talking to AI chatbots, and we’re used to googling something to find an answer. Last week, though, Google launched a new feature that combines the two called AI Overviews. The feature—which many users are already trying to turn off—is designed to reduce the number of searches users have to make. But the idea of combining a chatbot, search tool, and encyclopedia has actually been championed and refined by a two-year-old startup called Perplexity. The ambitious startup,...

The WNBA’s 2024 season comes on the heels of a recent groundswell of interest in women’s basketball. Last year was the WNBA’s most-watched regular season in over two decades and the recently wrapped NCAA tournament has brought a new generation of fans to the sport. The women’s March Madness final averaged 18.7 million viewers, while the men’s final averaged just 14.82 million viewers. Basically, the WNBA is a hot commodity and brands are noticing. Fast Company Staff Editor AJ Hess joined us...

It’s May! We’re enjoying the spring weather and getting ready for this summer. So, we wanted to chat with some Fast Company folks who have their ears to the ground on what’s going to be a hit this summer. Fast Company Associate Editor David Salazar and Senior Staff Writer Liz Segran joined us to share their ideas—and a big shout-out to our interns, Ellie Stevens and Leila Frankina, for their help. Then, we sat down with Airbnb's Chief Business Officer Dave Stephenson where we chatted about...

InVision was once a prominent player in the design software space. But the company that was once valued at $2 billion announced it will be discontinuing its design-collaboration services by the end of this year. The cofounders, Clark Valberg and Ben Nadel, originally designed the software as a prototyping tool for designers but it quickly gained popularity and ultimately achieved unicorn status after raising $100 million in 2017. This was followed by another milestone when it raised $115...

Fast food workers in California are seeing an increase in their paychecks. This is because of a recent minimum wage law that went into effect earlier this month. The law requires fast food chains like McDonald’s and Starbucks to pay workers $20 per hour. It will also affect restaurants that have at least 60 other locations nationwide. Opponents of the law say it will lead to layoffs and store closures . . . but for fast food workers who have been fighting for better pay, this could mean being...

Boeing has been in the news recently . . . Between a door plug blowing off mid-flight and sudden nose dives causing injuries, the company has been in very hot water. ‘Fast Company’ contributing writer Clint Rainey joined us to explain what’s really going on at Boeing and how it plans to address safety and quality concerns. For more on our Boeing coverage. Then, we spoke with Ghia founder and CEO Melanie Masarin and Nowadays cofounder and CEO Justin Tidwell to understand what’s behind all the...

Two weeks ago, the former Republican National Committee boss Ronna McDaniel was hired and then fired as an MSNBC contributor. This came about after pushback from staff, including complaints that she had touted Donald Trump’s debunked claims of voting malfeasance in the 2020 election. At the same time, there was backlash from people on the right who chalked up her dismissal as proof of left-wing media bias. Presiding over the chaos was NBCUniversal News chairman Cesar Conde, who has been...

Truth Social went public last week. The company disclosed its finances in an SEC filing that revealed it had brought in just over $4 million in revenue while losing more than $58 million in 2023. Those numbers don’t seem to make sense. ‘Fast Company’ senior staff editor Max Ufberg joined us to break down what is responsible for the dire state of that business. Also, tweens and teens experimenting with makeup and skincare is nothing new, but there’s a new trend happening where tweens are...

Y Combinator has become arguably the most powerful force in tech. It touts that five-and-a-half of the startups that have participated in it have become unicorns . . . which is at least double that of rival accelerators such as TechStars and 500 Global. But it started suffering from exactly the kind of corporate bloat that its founder Paul Graham abhorred. Current president and CEO Garry Tan—who also happens to be a YC alum—took over last January and promised to reclaim YC’s roots and focus...

The impact of AI on finance departments will be huge.

Fast Company’s Most Innovative Companies list is out! We chatted with Fast Company Executive Editor Amy Farley to hear about the top five winners and who her personal faves were. Spoilers: Nvidia, OpenAI and Microsoft were at the top but some surprises were the National Women's Soccer League, United Auto Workers and ... Chess.com. Then, Fast Company Senior Staff Editor Jeff Beer sat down with Taco Bell CEO Sean Tresvant and CMO Taylor Montgomery to discuss how the fast-food company is one of...

Today’s CEOs can’t rely on their CMOs to tell them what’s on the minds of consumers. The modern chief executive must be fully plugged in to consumer wants and needs, which change more quickly than ever as technology evolves. Fast Company Editor-in-Chief Brendan Vaughan chatted with Verizon Consumer CEO Sowmyanarayan Sampath at the Fast Company Grill at this year's South by Southwest to discuss how the leader of Verizon’s consumer business stays on top—and how you can do the same.

This past weekend, Fast Company hosted a three-day event as part of SXSW in Austin. Yaz moderated a bunch of panels, Josh was producing podcasts, and best-friend-of-the-pod Max Ufberg also moderated a number of panels. We met up with Max in person to record the show for the first time! Here's our recap of the weekend at the Fast Company Grill. Then, Netflix’s new series “3 Body Problem” is based on the first volume of the Chinese science fiction trilogy “Remembrance of Earth’s Past.” The...

How artificial intelligence is shaping the product journeys from procurement to end customers.

What is an Oscar campaign? How do studios run them? When does Oscar campaigning start? We spoke with Allie Carieri to learn all about the work (and the money) that go into creating Oscar campaigns. Carieri creates experiences and events around entertainment, awards, film, and television as an independent marketing strategist. She also oversees experiential marketing activations as an accounts director at Civic Entertainment Group. She told us about the history of Oscar campaigns, the budgets...

In this podcast, leaders in HR and AI reveal what it will take for businesses to get their staff on board.

In 2022, The Bored Ape Yacht Club was kind of inescapable on some parts of the internet. People—including a range of celebrities from Gwyneth Paltrow to Eminem—were spending hundreds of thousands of dollars to acquire some monkey jpegs store on the blockchain as NFTs. The conglomerate overseeing the collection along with other NFT series, such as CryptoPunks, is called Yuga Labs. VCs including A16z flocked to invest in it, valuing the company at $4 billion. Yuga’s stated ambition at the time...

January was a big month for AI hardware, and we wanted to go over some of the biggest devices and tech out there. ‘Fast Company’ global design editor Mark Wilson joined us to chat about a couple of devices, including the Humane Pin, the Rabbit r1, and a wearable AI microphone called Tab. For more on these, check out Mark’s reporting, and what he thinks about the Apple Vision Pro. In 2022, the beauty market—defined as skincare, fragrance, makeup, and haircare—generated approximately $430...

We’re about to hit the end of peak dating season with Valentine’s Day this week and what better way to commemorate that than to chat about the state of the dating industry. Fast Company Staff Writer Jess Bursztynsky joined us to chat about what the apps are doing to address dating fatigue and how they're continuing to incorporate AI into their strategies, for example, Tinder is able to use AI to help users pick out which photos in their camera rolls would work best for their profiles.  Then...

The Super Bowl is set to kick off this Sunday, and we’re taking a look at some of the ads that are already out there. ‘Fast Company’ senior staff editor Jeff Beer joined us to share what he thinks about this year’s slate of ads. He’s noticed how brands are evolving to use the Super Bowl itself in their teasers and ads, which shows the trajectory of the way brands are going . . . they used to go for funny or emotional but now it’s an ad about being an ad. Using the game itself to help...