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Bending Spoons only hired 0.04% from its 800,000 job applications last year—its CEO says its cutthroat hiring process is unlike ‘useless’ interviews | Fortune
Bending Spoons received 800,000 job applications last year, and only hired 286 of the candidates. And the $21 billion company—which owns digital businesses including Eventbrite, Vimeo, and AOL—says competition has only been ramping up in recent years. Tens of thousands...
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‘Redollarization,’ not ‘dedollarization’: Standard Chartered thinks U.S. dollar fears are overstated | Fortune
When U.S. allies like Canada and France grumble about overuse of the U.S. dollar, and as Washington’s rivals like Iran start trading in cryptocurrencies and the Chinese yuan, it can be easy to argue that the world is edging...
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Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets | Fortune
Consider psychedelics: Ryan—often called “the Godfather of NYC Tech”—was once skeptical that psychedelics could be viable treatments for depression or PTSD. But in 2018, he read Michael Pollan’s How to Change Your Mind and encountered a wave of data....
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Mitsubishi takes over $7.5 billion in U.S. natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom | Fortune
Mitsubishi officially became one of the largest natural gas producers in the U.S. on Wednesday, following a $7.5 billion deal that positions the Japanese giant to benefit from the surge in gas exports—especially to Japan—as well as from the...
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An SEC email address mix-up is causing confusion and threatening to disrupt its proposal to scrap quarterly reporting requirements | Fortune
The lost art of proofreading could see a missing “s” disrupt the federal government’s controversial effort to reduce reporting requirements for public companies.In May, the Securities and Exchange Commission proposed a new rule that would let publicly listed companies...
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Trump reduces size of two national monuments by 90% in efforts to expand land development | Fortune
President Donald Trump on Monday sharply reduced the size of two national monuments in Utah, undoing protections established by his Democratic predecessors on public lands that are sacred among many Native Americans.Bears Ears and Grand Staircase-Escalante national monuments in southern Utah have...
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‘New York will lead the way’: NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure | Fortune
New York became the first state to enact a statewide moratorium on hyperscale data centers, halting any new development until July 2027, giving state regulators a year to create new standards regarding environmental impacts and energy demands, and marking...
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‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand | Fortune
Worries about a bubble in artificial intelligence investments are absurd, SoftBank Group’s CEO Masayoshi Son said Tuesday, deriding such doubts as backward and akin to questioning the use of cars and planes.“To ask whether AI is a bubble is a foolish...
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Gallup CEO says colonizing Mars may be closer than fixing today’s ‘broken’ workplace—where disengagement levels are as high as 2020 | Fortune
In fact, roughly 80% of workers worldwide are checked out at work, according to Gallup, with engagement falling over the past two years and now on par with 2020 levels. And the research firm’s CEO, Jon Clifton, warned there’s...
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New Jersey and New York Authorities Strengthen Emergency Preparedness with EcoOnline as Region Welcomes World Cup Final
Article contentEcoOnline software supports real-time readiness and response for agencies and services across 11 of the 16 North American World Cup host regions as the tournament culminates in the Final at MetLife Stadium.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe...
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Moroccan king’s letter confirms naming of major highway in honour of Trump
A letter from Morocco's King Mohammed VI has confirmed that the country has named a major highway after US...