Gen Z largely entered the workforce as remote and hybridwork went mainstream.
Why it matters: Early career professionals are hungry for mentorship and real connections (even friends) on top of flexibility and work-life balance. With Gen Z expected to overtake Baby Boomers in the workplace this year, those preferences are reshaping the modern workplace.
A well-funded project to modify Solano County's master plan will soon begin gathering signatures to get on November's ballot.
Why it matters: If successful, this will be a significant step towards the project's ultimate goal of building an entirely new city. California Forever's architects — and the Silicon Valley billionaires funding it — believe their plan will cure the Bay Area's land use woes.
Lyft's fourth-quarter earnings release was supposed to be a high point for the company, with losses being slashed to just $26 million from $588 million a year previously. Instead, it turned into a farce.
Why it matters: A typo sent the company's shares on a wild ride in after-hours trading.
Forget Travis and Taylor at the Super Bowl. Even AI covers of Beyoncé's country music singles released Sunday are going viral.
The intrigue: Covers of "Texas Hold 'Em" and "16 Carriages" were made to sound like singer-songwriter Miley Cyrus performed them, and they amassed a collective 1.2 million views, per a Miley Cyrus fansite's post on X.
For venture capital, AI is expected to be the next great source of opulent investment returns. For many venture capitalists, however, AI could be an extinction event.
The big picture: Most of today's top VCs are, almost by definition, legacy investors. They made their bones on the last major tech platform shifts, mobile and cloud.
WovenEarth Ventures has closed its first fund at $152 million, the firm tells Axios exclusively.
Why it matters: The growing climate tech sector is seeing burgeoning interest, and it's creating an opportunity for funds-of-funds like WovenEarth to tap into a rich vein of institutional investors.
For Gen Z, catching up on the news is often a side effect of time spent on social media apps like Instagram and, in particular, TikTok — and media outlets are adapting to serve that behavior.
Why it matters: "Gen Z is being fed the news whether they want it or not," Stephanie Kaplan Lewis, CEO of the college-aged media portfolio Her Campus Media, tells Axios, noting that Gen Z news consumers are less likely than Millennials to visit trusted news sources directly.
As tech layoffs continue, more employers are worried about firings going viral in TikTok videos.
Why it matters: A little anxiety around conducting firings is a good thing — while cuts may be necessary for the bottom line or to appease shareholders, they also come with internal blowback and other hidden costs.
Coinbase Global, the U.S.'s largest centralized crypto exchange, posted a quarterly profit for the first time since 2021.
Zoom in: Transaction revenue, the firm's core business, grew 83% in the fourth quarter from the prior period to $529 million — driven by higher volatility and asset prices.
