In an internal memo, Apple’s chipmaking chief Johny Srouji has directly addressed speculation about his future. He stated he loves his job and team and has no plans to leave, countering a recent report from Bloomberg’s Mark Gurman. This comes amid a wave of high-profile executive departures at Apple
Fortune’s newsletter kicks off a big AI conference and drops major news bombs. Netflix is buying Warner Bros. for $82.7 billion, Apple’s chip architect Johny Srouji might be leaving, and the EU just fined X $140 million. It’s a lot to process.
Swedish biotech startup Melt&Marble has raised a €7.3 million Series A round to commercialize its precision-fermented designer fats. The company, targeting the food and personal care industries, plans its first commercial launch in 2026.
According to a new analysis, Netflix’s recent $72 billion content spend is a direct bet against YouTube’s dominance. The company sees the free, creator-driven platform as its true competition for global watch time.
A clear, explicit company purpose isn’t just feel-good fluff. When employees are treated as partners in that mission, it drives what one expert calls “economic engagement,” directly improving execution and the bottom line.
The tech world is buzzing about a potential “Aluminum OS” from Google, but history suggests it’s doomed. Breaking user habits and competing with entrenched giants like Windows is a nearly impossible task.
New research reveals a clock on Mars ticks 477 microseconds faster each day than one on Earth. But that’s not a fixed number—it can swing by another 226 microseconds due to Mars’s wobbly orbit. This precision is key for future missions and even a solar system internet.
Meta is reportedly cutting its Metaverse unit’s budget by as much as 30% and laying off a significant portion of the team. This marks a stark retreat from the grand vision Mark Zuckerberg announced when he renamed the company in 2021.
Umesh Subramanian, Citadel’s CTO, personally phones top candidates to understand their decision-making process. The hedge fund and its sister firm received 108,000 applications for a summer program, accepting just 0.4%.
According to a Fortune report, Nintendo boasts a 98% yearly staff retention rate, with its Japanese employees averaging a staggering 15-year tenure. This institutional knowledge, held by veterans like Shigeru Miyamoto, is a key competitive advantage. The report suggests this stability fosters a uniq
