Heat Wave Is Pushing Businesses to Their Limit

Portland food cart co-owners Eric and Nicole Gitenstein didn’t have much choice about whether to open their business during this week’s unprecedented heat wave plaguing the Pacific Northwest. Excess heat from their refrigerators and burners often raises temperatures inside their cart, MF Tasty, 10 to 15 degrees higher than those outside. With area temperatures peaking at 116° F …

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How the Pandemic Propelled HR Chiefs Into the Boardroom

Just five years ago, Steve Browne’s role as chief people officer at LaRosa’s Pizzeria, was purely administrative. Unless there was a human resources (HR) fire to put out at the 65-unit pizza chain based in Cincinnati, it was rare for him to have a meeting with the CEO.

Today, Browne not only has direct access to the CEO in bi-weekly executive team meetings: he has been charge…

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Peter Thiel Biographer Says We Should Fear His Power

Paypal cofounder Peter Thiel is famous for destroying media outlets, not paying taxes, and being a conservative tech billionaire. A new biography, The Contrarian, suggests that he is after more than riches. TIME chatted with its author, journalist Max Chafkin.

Why should we care about Peter Thiel, apart from the fact that he is another rich tech billionaire and they&#8217…

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Meta Targets Tech-Savvy Workers with $1,500 Headset

Meta Platforms Inc. unveiled its newest virtual-reality headset on Tuesday, a foray into the world of high-end VR devices designed to entice creators and working professionals to adopt Mark Zuckerberg’s vision for an immersive digital future.

The Meta Quest Pro is the company’s latest offering in a product line previously branded as Oculus. The Quest Pro includes a number of t…

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Sheryl Sandberg Made Facebook Into a Giant—But At a Cost

As the person who helped Mark Zuckerberg recruit Sheryl Sandberg to Facebook, I take no joy in the news that Sandberg is leaving her post as chief operating officer.

I first encountered Sheryl Sandberg when she was chief of staff to Treasury Secretary Larry Summers during the Clinton administration. Sandberg reached out to introduce me to Bono, who later became my business partner. Sheryl…

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OceanGate Suspends Operations After Loss of Titan Submersible

OceanGate said it has halted all exploration and business operations, just a few weeks after five people were killed in a company-owned submersible on an expedition to see the wreck of the Titanic.

A banner on the company’s website announcing the news offered no further details.

Read More: The Titan Sub and the Dangers of Unregulated Deep-Sea Tourism

Last month,…

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Interview With ChatGPT Reveals the Limits of Chatbots

In 1950, the English computer scientist Alan Turing devised a test he called the imitation game: could a computer program ever convince a human interlocutor that he was talking to another human, rather than to a machine?

The Turing test, as it became known, is often thought of as a test of whether a computer could ever really “think.” But Turing actually intended it as an illu…

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How to Make the Most of Amazon Prime Day

Amazon’s biggest sale of the year, Amazon Prime Day, starts Tuesday, July 12. What started as a one-day sale has morphed into a two-day event, running through July 13, giving bargain hunters more time to search for deals.

Amazon Prime Day can be a little overwhelming, with lots of items on sale and many popular ones selling out quickly due to limited inventory and high demand. It ca…

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Why This Bank CEO Likes the Gun Code

On March 9, the major U.S. credit card companies, Visa, Mastercard, and American Express, announced that they were not going ahead with implementing a new code that identifies purchases from gun stores as different from purchases from big-box or other outdoor stores. The code, approved in September 2022 by the International Organization of Standardization (ISO), which regulates the internationa…

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Why the Pandemic Could Speed Up the Green Transition

It’s not hard to see how the COVID-19 pandemic, supply chain disruptions, and the war in Ukraine have slowed down efforts to make companies and economies greener and less reliant on fossil fuels.

However, Piyush Gupta, the CEO of Singapore-based multinational bank DBS, believes these factors will ultimately accelerate sustainability efforts.

Speaking at the TIME100 Leadership …

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