Fortune Media Inc.

Fortune is a business media company that aims to change the world by making business better. It provides trusted information through great stories and builds world-class communities. The company's mission is to make Fortune a force for good through its second century and beyond. Founded by Henry R. Luce, Fortune is led by CEO Anastasia Nyrkovskaya, CRO Michael Schneider, CTO Jonathan Rivers, CHRO Mike Kiley and a team of senior editors and writers. The company holds companies accountable.

100%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

85%

Examples:

  • AI is already eliminating jobs, but it’s unlikely that all jobs will be replaced by AI in the future.
  • Approximately 22 million Americans had wealth over $1 million in 2023. and Global wealth grew by 4.2% in 2023 after a decline of 3% in 2022.
  • Janet Yellen stated that shifting to lower carbon emissions is 'the single greatest economic opportunity of the 19th century' and U.S. Treasury Secretary Janet Yellen stated that the global transition to a low-carbon economy requires $3 trillion in new capital each year through 2050.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

  • Global Wealth Inequality: Burundi vs. Monaco - A Tale of Extremes

    Global Wealth Inequality: Burundi vs. Monaco - A Tale of Extremes

    Broke On: Tuesday, 30 July 2024 Despite having the highest income and wealth inequality globally, Burundi contrasts with Monaco's near-complete equality. The UBS Global Wealth Report reveals that half of the world's wealth is held by just 1.5% of global adults, with millionaires numbering over 21 million in the US and expected to grow to 25.4 million by 2028. Japan is predicted to surpass China as the second country with the most millionaires, while Taiwan's microchip industry drives global wealth growth due to AI technology.
  • The Paradox of Productivity: How AI and Robots Are Changing the Workforce and the Debate on Human Fulfillment

    The Paradox of Productivity: How AI and Robots Are Changing the Workforce and the Debate on Human Fulfillment

    Broke On: Friday, 19 July 2024 In July 2024, a software update caused global computer outages, emphasizing the importance of IT workers amidst increasing AI and robot integration. While tech giants envision a future without human labor, C-suite executives demand more from employees leading to burnout. Over 350,000 tech workers have been laid off since 2023 due to AI investments, yet productivity gains remain elusive for many. Elon Musk's vision of a jobless future raises concerns about human fulfillment and purpose in society.
  • Janet Yellen's Emphasis on Climate Change and Economic Opportunities in Amazon Basin Countries: A New Partnership Agenda and the Amazonia Forever Initiative

    Janet Yellen's Emphasis on Climate Change and Economic Opportunities in Amazon Basin Countries: A New Partnership Agenda and the Amazonia Forever Initiative

    Broke On: Saturday, 27 July 2024 During her visit to Brazil, U.S. Treasury Secretary Janet Yellen emphasized the importance of addressing climate change and its economic implications. She highlighted the transition to a low-carbon economy as the greatest economic opportunity of the 21st century and announced a climate partnership agenda with Amazon basin countries, focusing on access to multilateral climate fund resources, clean energy supply chains, voluntary carbon markets, and finance for nature conservation. Yellen also launched an initiative against illicit finance to protect critical ecosystems.
  • Great Rotation Trade: Investors Shift Funds from AI Giants to Defensive Stocks Amid Concerns Over Sustainability and Power Supply

    Great Rotation Trade: Investors Shift Funds from AI Giants to Defensive Stocks Amid Concerns Over Sustainability and Power Supply

    Broke On: Wednesday, 24 July 2024 Investors are shifting funds from AI giants to defensive companies and lesser-known stocks due to concerns over the sustainability of gains in the tech industry, particularly regarding electricity demand and power supply shortages. This trend, known as the 'Great Rotation Trade,' has gained momentum as China leads in adding alternative energy to its grid and data centers provide land for hosting computing facilities. However, some experts caution against AI investment hype due to concerns over long-term viability and potential for a bubble.
  • Bill Ackman's Pershing Square USA IPO Postponed: Reduced Fundraising Target and Market Volatility Cited

    Bill Ackman's Pershing Square USA IPO Postponed: Reduced Fundraising Target and Market Volatility Cited

    Broke On: Friday, 26 July 2024 Billionaire Bill Ackman postponed Pershing Square USA's IPO on July 26, 2024, due to difficulty raising the initial $25 billion target. The fundraising goal was reduced to between $2.5 billion and $4 billion. The delay comes after filing with the SEC and may impact investor sentiment towards Ackman's investment strategies.
  • California Governor's Homelessness Executive Order Sparks Controversy: Balancing Clearing Encampments and Providing Alternatives

    California Governor's Homelessness Executive Order Sparks Controversy: Balancing Clearing Encampments and Providing Alternatives

    Broke On: Thursday, 25 July 2024 California Governor Gavin Newsom's executive order to clear homeless encampments on state land sparks controversy, with critics arguing it goes against constitutional rights and lacks alternative accommodations. The housing crisis in California contributes to the largest homeless population in the nation, with over 180,000 individuals. Local leaders like Mayor London Breed of San Francisco are taking action to clear encampments and provide housing solutions.
  • WhatsApp Reaches 100 Million Monthly Active Users in the US: Bridging the Gap Between Blue and Green Bubbles

    WhatsApp Reaches 100 Million Monthly Active Users in the US: Bridging the Gap Between Blue and Green Bubbles

    Broke On: Thursday, 25 July 2024 Meta's WhatsApp surpasses 100 million monthly active users in the US market (July 2024), marking a significant milestone and bridging the gap between 'blue and green bubble' users. With a focus on advertising opportunities, double-digit message growth, and privacy concerns, WhatsApp aims to attract more US users amidst competition from dominant messaging platforms like Apple's iMessage.
  • Nasdaq Suffers $1 Trillion Loss as AI Investor Sentiment Turns: Nvidia, Broadcom, Google Affected

    Nasdaq Suffers $1 Trillion Loss as AI Investor Sentiment Turns: Nvidia, Broadcom, Google Affected

    Broke On: Friday, 26 July 2024 On July 24, 2024, the Nasdaq 100 Index suffered its worst day since October 2022, with losses totaling over $1 trillion due to investors souring on Artificial Intelligence (AI) technology. The sell-off was led by semiconductor companies and raised concerns about substantial investments in AI and its potential return on investment.
  • Microsoft Windows Update Causes Global IT Disruptions: CrowdStrike Loses $978M, Comerica Drops 10%

    Microsoft Windows Update Causes Global IT Disruptions: CrowdStrike Loses $978M, Comerica Drops 10%

    Broke On: Friday, 19 July 2024 A global technology glitch caused by a faulty Microsoft Windows update led to widespread disruptions in industries like flights, banking, and medical offices. Companies such as CrowdStrike Holdings Inc. and Comerica Incorporated suffered significant losses due to IT outages and stock drops. The cybersecurity industry faced scrutiny following the incident, with experts questioning the reliability of security solutions from major players.
  • Eleven Major US Banks Identified with Inadequate Operational Risk Management by OCC: Cyber Attacks, Employee Errors, and Natural Disasters among Concerns

    Eleven Major US Banks Identified with Inadequate Operational Risk Management by OCC: Cyber Attacks, Employee Errors, and Natural Disasters among Concerns

    Broke On: Sunday, 21 July 2024 Eleven major US banks, as per the Office of the Comptroller of the Currency (OCC), have been identified with insufficient or weak management of operational risk. Operational risk includes cyber attacks, employee errors, legal troubles, natural disasters and technology issues. The OCC's downgrading of these banks' CAMELS rating can lead to increased deposit insurance premiums, audits and restrictions on activities.