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Google DeepMind CEO issues stark warning about AGI
Google DeepMind's Demis Hassabis advocated for a US-led coalition to govern AI development, highlighting AGI's impending global impact.
Ramp co-CEO hired gamers with Minecraft side hustle
Ramp CEO Eric Glyman said he hired a candidate because of their Minecraft business. He said that Ramp wanted leaders of "bizarre fringe communities."
Woodford Believes Sports Entertainment Gaming Global Corporation (Nasdaq:SEGG) 10-K Exposes Unexplained Borrowing, 1,145% Dilution and a Deep Corporate Crisis
SEGG acknowledges the Woodford agreements, security rights and LCIA arbitration, but does not explain how later borrowing, secured financing and share issuance complied with those protections
Satya Nadella has issued a shocking warning to companies using AI
In a surprising blog post on Monday, Microsoft CEO is warning enterprises of the dangers of using proprietary models like Anthropic's and OpenAI's.
'We'll be out of business': Jensen Huang bet his last dollars on a chip he never held in his hands
In 1997, with dwindling cash, the Nvidia CEO ordered mass production of a graphics chip tested entirely in a simulator.
The Quintessential Trump-era Politician
In 2020, I wrote an article about collaboration and collaborators. The title was History Will Judge the Complicit, and it started with the story of two famous East Germans, Markus Wolf and Wolfgang Leonhard, who both landed in East Berlin just after the end of the war. Although they came from very similar backgrounds, the former stuck with the regime, eventually becoming its spy boss; the latter, horrified by the brutal reality of Soviet-style communism, escaped. By way of juxtaposition, I also wrote about Lyndsey Graham and Mitt Romney. These two men also made very different decisions when confronted by Donald Trump’s assault on the ideals that they had both grown up believing: A glance at their biographies would not have led many to predict what happened next. On paper, Graham would have seemed, in 2016, like the man with deeper ties to the military, to the rule of law, and to an old-fashioned idea of American patriotism and American responsibility in the world. Romney, by contrast, with his shifts between the center and the right, with his multiple careers in business and politics, would have seemed less deeply attached to those same old-fashioned patriotic ideals. Most of us register soldiers as loyal patriots, and management consultants as self-interested. We assume people from small towns in South Carolina are more likely to resist political pressure than people who have lived in many places. Intuitively, we think that loyalty to a particular place implies loyalty to a set of values. But in this case the clichés were wrong. It was Graham who made excuses for Trump’s abuse of power. It was Graham—a JAG Corps lawyer—who downplayed the evidence that the president had attempted to manipulate foreign courts and blackmail a foreign leader into launching a phony investigation into a political rival. It was Graham who abandoned his own stated support for bipartisanship and instead pushed for a hyperpartisan Senate Judiciary Committee investigation into former Vice President Joe Biden’s son. It was Graham who played golf with Trump, who made excuses for him on television, who supported the president even as he slowly destroyed the American alliances—with Europeans, with the Kurds—that Graham had defended all his life. By contrast, it was Romney who, in February, became the only Republican senator to break ranks with his colleagues, voting to impeach the president. “Corrupting an election to keep oneself in office,” he said, is “perhaps the most abusive and destructive violation of one’s oath of office that I can imagine.” In the wake of Graham’s unexpected death on Saturday, I wrote about him again. He was, in many ways, the quintessential politician of Trump’s Washington, a man who shifted 180 degrees. Graham had been a fervent American patriot, proud reserve officer and military lawyer; he became one of the most important defenders of a president who believes soldiers are “suckers and losers” and shows no respect for law of any kind. As his politics changed, his language grew coarser and his behavior grew worse: He urged Israel to “level the place” in Gaza, and insulted the Danish prime minister in Munich, prompting a colleague, Senator Elissa Slotkin, to issue an apology. Here’s an excerpt from the article, which you can read in The Atlantic (gift link here) Like his close friend John McCain, Graham believed that America should stand at the center of a broad democratic alliance. The few times I met him were in that context, at the Munich Security Conference or at other European-American gatherings, which he once attended with great regularity. He also took seriously the practice of American democracy at home. In a 2014 conversation with The Atlantic, he described himself as a pragmatic politician who eschewed populist slogans. “I know Washington is broken, but what’s broken about it is everybody yelling and nobody trying to fix it,” he said. “I’m trying.” When Donald Trump first appeared in U.S. politics, Graham recognized him immediately for what he was: the spokesman for an alien ideology, one radically different from the idealistic patriotism that Graham had practiced and preached since childhood. Trump privately mocked the military that Graham loved as nothing but “suckers and losers.” He put falsehoods, cynicism, and personal greed at the center of his politics, while expressing disdain for transparency, accountability, and democracy itself. In 2015, Graham described Trump as a “race-baiting, xenophobic, religious bigot” who should “go to hell.” Also as a “nutjob.” When Trump won, Graham understood, as did so many others, that he would have to make some important choices. For a while, he went silent. In the spring of 2016, I saw him at one of those conferences in Europe. He seemed too depressed to speak. But then, like many other Republicans—and, more important, like many other people who have lived under political occupation or experienced radical regime change—he made the decision to abandon his previous ideals, to bury the patriotism that was once so important to him, and to become, instead, a loud, opportunistic collaborator. As I wrote in 2020, it’s very hard to look in to anyone’s heart and to understand their motivations from the outside. But it does seem that Graham had a deep need to be relevant, to be in the game, to be a player, at any cost. And that, rather than any particular achievement, is what he will be remembered for. Continuing to monitor conflicts of interest, ostentatious emoluments, outright corruption and policy changes that will facilitate outright corruption. (Read my original article, Kleptocracy Inc and check out the SNF Agora Institute chart) June 27 Trump diverted funds from more than 900 projects nationwide—including safety upgrades at national parks—to finance beautification projects around Washington, including $700,000 used to fix a White House walkway. June 28 After a years-long Department of Justice investigation into Abbott Laboratories over its management of a baby formula facility where potentially deadly bacteria turned up enough evidence to criminally charge the firm, top department officials instead opted for a financial penalty—illustrating the department’s move away from strict corporate enforcement under the Trump administration. June 29 Defense Secretary Pete Hegseth stacked the Defense Policy Board—which is charged with providing independent national security recommendations to the Office of the Secretary of Defense—with Trump allies, including tech billionaire Marc Andreessen, who has invested in defense contractors like OpenAI and SpaceX, after purging the panel last year. Trump purchased between $1 million and $5 million worth of stock in Axon—which makes about 90% of US tasers—two weeks before ICE solicited bids for a $220 million taser contract. The White House unveiled limited-edition US passports for America’s 250th birthday, featuring a portrait of Trump overlaid on the Declaration of Independence. June 30 Trump made around $1.2 billion from his various crypto companies last year, including more than $500 million from World Liberty Financial and $600 million from sales of his meme coin. Trump is considering issuing 250 pardons to commemorate America’s 250th birthday. These are expected to be largely doled out through the Office of the Pardon Attorney’s informal network of intermediaries. White-collar defense attorneys say they can typically win pardons for clients for $2 million. Last year, Trump administration officials awarded a no-bid contract worth up to $500 million to Clark Construction for the White House ballroom—negotiations in which the president was directly involved. July 1 The Amazon MGM Studios documentary about Melania Trump earned the First Lady more than $10 million. Trump made hundreds of individual stock purchases worth as much as $12.8 million the day before his announcement pausing “Liberation Day” tariffs for 90 days sent the S&P 500 soaring nearly 10%—one of the largest single-day gains ever. Mar-a-Lago and Trump National Doral saw record surges in revenue during Trump’s first year in office, earning $77.5 million and $121.9 million respectively, compared to average annual revenues of $25 million and $75 million during Trump’s first term. Entities across the Persian Gulf paid more than $300 million to Trump’s businesses last year, including $263 million from the sale of half his stake in World Liberty Financial to a firm backed by Sheikh Tahnoon bin Zayed Al Nahyan, a top UAE royal and brother of the country’s president. Kash Patel failed to properly disclose his stock purchase of a Department of Justice contractor, MicroStrategy, worth up to $250,000 last year, despite laws requiring disclosure within 45 days of the trade. July 2 Trump has been directing administration officials to steer more government contracts—so far worth more than $2.4 billion—to Jeff Bezos’s Blue Origin aerospace firm, after Amazon gave $1 million to Trump’s inaugural fund, donated to the White House ballroom project, and reached a $40 million deal to license a Melania Trump documentary. Alongside the billions he made from cryptocurrency last year, Trump earned millions of dollars from real estate licensing fees, including $21 million from organizations in the UAE and $9.2 million in Saudi Arabia, along with smaller sums from merchandise sales, including $4.7 million from Trump Watches and $35,920 from 45 Guitar, a guitar brand endorsed by the president. House Democrats accused consultants tied to the Trump administration of financial fraud, alleging they gave prospective donors to America250—the bipartisan committee created by Congress to celebrate the nation’s semiquincentennial—the banking and routing numbers for Freedom 250, the White House’s fund for events like the UFC cage fight. Democrats also allege that Freedom 250’s CEO traveled to the World Economic Forum in Davos to solicit donations from foreign government officials and business leaders. The Trump administration’s proposed rollback of gun regulations would lift the prohibition on mailing handguns to individuals, a significant win for GrabAGun—the direct-to-consumer firearm retailer on whose board Donald Trump Jr. sits and in which he holds a 1.1% ownership stake. GrabAGun currently must rely on a middleman to transfer firearms to customers. Trump’s financial disclosure revealed that he made more than 21,000 securities trades during his first year back in office, growing his investment account to at least $858 million across stakes in around 1,600 companies, compared to the 13 total trades Joe Biden made during his entire presidency. July 4 Nearly 1 million people who bought the president’s meme coin—Trump Coin—collectively lost $3.8 billion on the token, while he walked away with $636 million. July 6 Shares of Dell closed up 4.4% after Trump recommended people buy the firm’s computers during a speech announcing the launch of Trump investment accounts for children, boosting the more than $1 million worth of shares the president owns in the company. July 9 Federal Reserve Chair Kevin Warsh named crypto investor and Trump ally Marc Andreessen to a task force aimed at modernizing the Federal Reserve, including rethinking its approach to inflation—a key factor keeping interest rates elevated. Palm Beach International Airport has officially changed its name to Trump International Airport—a move that will require Florida to pay royalties to the president’s family for licensing his name. I was there a few months ago, during a trip to Barcelona. The sculptures were a revelation, I’d never seen so many together before. Each one has its own personality. Enjoy the good weather, if you are lucky enough to have it. History Will Judge the Complicit The Quintessential Politician Autocracy Inc Open Letters, from Anne Applebaum is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
‘A Blessing and a Challenge’: What Teachers Think of the Science of Reading (Opinion)
In these classrooms, the recent push for foundational literacy skills has been transformational.
At midyear, Sioux Falls CEOs hold more optimistic view of business conditions, local economy
Sioux Falls CEOs are seeing much the same business conditions as a year ago -- while feeling more optimistic about what's ahead in 2026.
AHA Board names SSM Health’s Laura Kaiser chair-elect designate
The AHA Board of Trustees Board of Trustees has elected Laura Kaiser, president and CEO of SSM Health, based in St. Louis, Mo., as its chair-elect designate. Kaiser will be chair-elect in 2027 and become the 2028 AHA chair, the top elected official of the association.
NJBIA Op-Ed: NJ’s Low CNBC State Business Rankings Are a Call to Action
NJBIA President and CEO Michele Siekerka, in an op-ed published Monday in BINJE, is urging state leaders to make predictability a top priority for
"I was verbally blasted by Pierre." Xbox and Halo Studios' Pierre Hintze has reportedly 'repeatedly' been referred to HR. Is he the right person to lead Halo?
Xbox has a new CEO, Asha Sharma, and one of her stated goals is to boost the Halo franchise. Is Pierre Hintze the right person for the job?
PENN Entertainment Launches theScore Bet Sportsbook & Casino and theScore Casino and Hollywood Casino Standalone Apps in Alberta
TORONTO & WYOMISSING, Pa.--(BUSINESS WIRE)--Jul 13, 2026--
Veteran Entertainment Executive and Industry Dealmaker Ron Bension Joins VENU as Strategic Advisor to CEO
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Jul 13, 2026--
Jeff Ettinger Would Be an Effective CEO of the MN Business Partnership
Hormel’s interim CEO could bring instant credibility to the business association that needs to right its ship.
These Knoxville programs lift up Black business owners. You can too
The Knoxville Area Urban League president and CEO has prioritized growing resources for Black entrepreneurs.
What Instagram CEO Adam Mosseri wants to see when he's hiring
"If you've got fire in your belly, you learn quickly, and you're self-aware, you can kind of get good at anything eventually," Instagram's CEO said.
Purple Line Small Business Grants Offer Up to $50,000
The Maryland Department of Transportation is now accepting applications for another round of awards from its four-year Purple Line Small Business Grant Program.
Nihanth Badugu Honored for Continued Excellence in Science and Technology
July 13, 2026 -- Nihanth Badugu is the chief operating officer at Astrotech Corporation and CEO of Reevo CRM
Elon Musk and Sam Altman are fighting in public again
OpenAI CEO Sam Altman and SpaceX CEO Elon Musk do not like each other. That dislike was on full display on social media over the weekend.
Dana White offers bizarre defense of Conor McGregor’s health status by citing social media views
UFC CEO Dana White got a bit defensive after accusations surfaced on Saturday night that star fighter Conor McGregor, who was making his return to the octagon after a five-year absence, had been injured prior to his fight with Max Holloway to headline UFC 329 in Las Vegas. McGregor lost to Holloway via TKO 69…
Inside the Record-Setting Business of the Los Angeles Dodgers with President & CEO Stan Kasten
Stan Kasten, Los Angeles Dodgers President, CEO and Part Owner, joins Sports Business Radio to discuss the record-setting business of the Dodgers. From superstar Shohei Ohtani's impact on attendance, sponsor sales and merchandise sales, to improvements to the fan experience at Dodger Stadium, to the Dodgers surpassing 4 million fans last season and being on track to draw that many fans again this season, we discuss how in many regards, the Dodgers are maximizing revenues better than any other pr
Inside the Record-Setting Business of the Los Angeles Dodgers with President & CEO Stan Kasten
Stan Kasten, Los Angeles Dodgers President, CEO and Part Owner, joins Sports Business Radio to discuss the record-setting business of the Dodgers. From superstar Shohei Ohtani's impact on attendance, sponsor sales and merchandise sales, to improvements to the fan experience at Dodger Stadium, to the Dodgers surpassing 4 million fans last season and being on track to draw that many fans again this season, we discuss how in many regards, the Dodgers are maximizing revenues better than any other pr
Inside the Record-Setting Business of the Los Angeles Dodgers with President & CEO Stan Kasten
Business Leader Key to Maryland Buying Preakness Rights
When CDI announced in April its purchase of the Preakness' intellectual property rights, Greater Baltimore Committee president and CEO Mark Anthony Thomas felt it important to unite the community in hopes of keeping ownership of the race local.
Waiting for insurance coverage for GLP-1s for weight loss? Keep waiting.
The corporations that pay for private employee health insurance are not ready to swallow the high costs of the enormously popular drugs, said the CEO of CVS Health.
Business Leader Key to Maryland Buying Preakness Rights
When CDI announced in April its purchase of the Preakness' intellectual property rights, Greater Baltimore Committee president and CEO Mark Anthony Thomas felt it important to unite the community in hopes of keeping ownership of the race local.
Koei Tecmo talks Pokemon Pokopia, wanted to make the best-selling Pokemon spin-off
Koei Tecmo has shared a few comments about Pokemon Pokopia’s massive success, including some lofty sales hopes the company had back when it was working on the project. Famitsu recently spoke with Koei Tecmo president and CEO Hisashi Koinuma in a wide-ranging interview. Of course, it was only natural for Pokemon Pokopia to come up during the interview. When Famitsu...
Microsoft defends Asha Sharma, says she is an American CEO and Xbox layoff had nothing to do with H-1B
As Asha Sharm, the CEO of Xbox, came under vicious trolling after the gaming division of Microsoft announced the elimination of 3,200 positions, Microsoft came to her rescue and clarified that it had nothing to do with replacing Americans with foreign workers. Frank X Shaw, the lead for the communications for Microsoft, also addressed the 'Indian-origin' angle of the immigration debate and called Asha an American born, educated CEO from Wisconsin.
Politics Report: City Hall’s Defining Problem
City Hall is in a death spiral, as voter's trust plummets and services continue to get cut.
Sunny Days of Ithaca Set to Close After 12 Years of Business on The Commons
Sunny Days of Ithaca, a mom-and-pop souvenir shop on the Ithaca Commons, will be shutting down their brick and mortar shop this Labor Day in the face of rising debt.
UAE defense firm EDGE Group wants to turn homegrown military tech into a global business
EDGE Group CEO Hamad Al Marar discusses the UAE’s push to build a globally competitive defense industry — and how technology, manufacturing and exports are shaping that ambition.
Serco CEO is leaving to lead KBR spinoff
Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Technology Solutions business.
Michael Edwards leaves Liverpool ownership role
Michael Edwards will leave his role as CEO of Football at Liverpool ownership group Fenway Sports Group, the company has announced.
Michael Edwards steps down as Liverpool owner Fenway Sports Group’s CEO of football
The former Liverpool sporting director leaves with one year remaining on the contract he signed in 2024.
WTA Ventures: Building women's tennis into global entertainment brand
Marina Storti, CEO of WTA Ventures, joins CNBC's Ritika Gupta to discuss how Wimbledon has showcased women's tennis as both a global sport and an entertainment property. She explains how the Women's Tennis Association is attracting high-profile brand partners, expanding commercial opportunities, and pushing for pay equity with the men's game.
Here's the pricy sunglasses CEOs wore to Sun Valley
CEOs and media moguls are gathering at the annual Allen & Co. Sun Valley conference, where corporate summer casual fashion was on display.
Elon Musk reverses course on Anthropic, calls rival the 'leader in AI'
In recent weeks, SpaceX CEO Elon Musk has shared kinder words for Anthropic, not long after repeatedly disparaging the competitor.
How Much is a Sports Complex Worth to Huntington Beach?
City leaders are considering a 20-year operations deal for the Sports Complex despite open questions over how much money they stand to make from the deal they’re spending over $14 million on.
Mental health agency in Lansing out of brief lockdown after stabbing
A mental health agency in Lansing was briefly on lockdown Thursday after a person was stabbed with a plastic sharp object, its CEO says.
Baker Hughes CEO: Continued business tailwinds with the need for power generation and LNG
Lorenzo Simonelli, Baker Hughes CEO, joins 'Power Lunch' to discuss the chief executive's thoughts on the AI data center power story, the happenings in energy markets and much more.
Meta launches Muse Spark 1.1, promises cost-effective AI
Meta launches a new AI coding model, Muse Spark 1.1, which is priced aggressively, CEO Mark Zuckerberg said. He called out rivals' "extreme" pricing.
Cann Built a $40 Million Business on THC Drinks. Now It’s Preparing for a World Without Them
Co-founder and CEO Jake Bullock is hedging his risk with magnesium, electrolytes, L-theanine, and passion flower.
NJBIA Statement on NJ’s Ranking in CNBC’s Top States for Business for 2026, Lowest Ranking for Business Friendliness
NJBIA President & CEO Michele Siekerka issued the following statement regarding New Jersey’s placement of 31st overall in CNBC’s ranking of America’s
The $80 Billion Debt Cloud Hanging Over David Ellison’s Warner Deal
The Paramount CEO has promised not to sell off assets or cut content spending.
NAVER D2SF Invests in 23i, a Virtual Entertainment Startup
NAVER D2SF, the corporate venture capital arm of NAVER, has made a new investment in 23i (CEO, Hyungmin Kim), a virtual entertainment startup. As the global virtual entertainment market continues to grow rapidly, particularly in Korea and Japan, NAVER D2SF decided to invest in the team based on its ability to create expanded entertainment IP through strong content production capabilities and an in-house technology pipeline designed to maximize the strengths of virtual artists.
Fathom Entertainment Names Jason Brenek as CEO
Jason Brenek has been named as Fathom Entertainment‘s new CEO following the previously announced retirement of Ray Nutt - Variety
Jeff Bezos' Blue Origin is raising $10 billion. Read the memo.
In a memo to employees, Blue Origin CEO Dave Limp said the company is raising the funds at a $130 billion valuation.
Fathom Entertainment Names Disney And Imax Alum Jason Brenek CEO
Specialty distributor Fathom Entertainment has named former Disney and Imax executive Jason Brenek as CEO.
Fathom Entertainment Names Disney And Imax Alum Jason Brenek CEO
Specialty distributor Fathom Entertainment has named former Disney and Imax executive Jason Brenek as CEO. He will take over the top job after the previously announced retirement of Ray Nutt. Fathom’s...
Fathom Entertainment Names Jason Brenek New CEO Following Retirement of Ray Nutt
Fathom Entertainment July 8 announced the appointment of Jason Brenek as its new CEO following the previously announced retirement of Ray Nutt. Brenek assumes the position as the company continues its transition from Fathom Events into Fathom Entertainment, a specialty theatrical distributor with major motion picture distribution capabilities. The company’s upcoming theatrical release of Wildwood, … Continue reading "Fathom Entertainment Names Jason Brenek New CEO Following Retirement of Ray Nutt"
Fathom Entertainment New CEO Is Jason Brenek
He succeeds Ray Nutt, who announced his retirement earlier this year.
Fathom Entertainment Appoints Jason Brenek As New CEO
The former Disney and IMAX executive takes over as the specialty distributor expands from event cinema into wide theatrical releases.
Fathom Entertainment Names Jason Brenek as New CEO
Fathom Entertainment has named Jason Brenek as the company's new CEO, taking over for Ray Nutt who is retiring.
Fathom Entertainment Names Jason Brenek as CEO
Jason Brenek has been named as Fathom Entertainment’s new CEO following the previously announced retirement of Ray Nutt. Speaking on behalf of the Fathom Entertainment Board of Directors, Adam Rymer, ...
Fathom Entertainment Names Jason Brenek as CEO
Fathom Entertainment appoints Jason Brenek as the company's new CEO.
A Dog Named Dug: The Science Behind Therapy Animals
Through the Cornell Companions program, volunteer therapy animals on campus bring emotional and neurochemical benefits to students during stressful times.
Shooting during 'mental health crisis' call sends Osceola County man to hospital
Officials with the Osceola County Sheriff's Office say the deputy who responded to the 911 call was uninjured.
Orbit Fab hires new CEO and raises funding to support satellite refueling business
With a new chief executive and funding round, satellite refueling company Orbit Fab hopes to make the transition from technology development to operations.
Edie Stewart new CEO at Forward Arkansas
Forward Arkansas announced Tuesday (July 9) Edie Stewart as its new CEO, effective August 3. Stewart brings more than three decades of experience spanning education, workforce development and the nonprofit...
Report: Microsoft will make even more of its games exclusive to Xbox — as multiplatform strategy totally fails. What's going on?
Xbox's loathed "Project Latitude" strategy which saw Microsoft support its biggest rival with content is ending, with CEO Asha Sharma doubling down on exclusives.
Six Flags Entertainment (FUN) Names A New COO But Is The Upside Already Priced In
Six Flags Entertainment (FUN) has drawn investor attention after appointing industry veteran Mark Pauls as Chief Operating Officer, effective July 15, 2026, along with Tim Fisher’s transition to Special Advisor to the CEO. See our latest analysis for Six Flags Entertainment. The Six Flags Entertainment share price has retreated in the short term, with a 1 day share price return of 6.86% and a 30 day share price return of 5.65%. This comes even as the 90 day share price return of 11.21% and...
Founder/CEO and Clinical President of Digital Health Company Sentenced
The founder and former Chief Executive Officer (CEO) Ruthia He of Done Global Inc., a California-based digital mental health company, was sentenced today to six years in prison and a $1 million fine for orchestrating a scheme that used her company’s technology platform, compensation structure, and clinical protocols to unlawfully distribute over 37 million pills of Adderall,
Yale health system ousted CEO Chris O’Connor following financial woes, failed hospital deal
Chris O'Connor's abrupt exit from Yale New Haven Health System followed financial strain, failed Prospect hospital deal, mounting pressures.
Explaining The Comcast and NBCUniversal Divorce
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) I hope everyone had a happy Fourth of July in America, celebrating the country’s 250th birthday. Frankly, I am bummed the 250th wasn’t a bigger celebration, but that’s a different topic for a different Substack. While it was generally a quiet week on the entertainment/streaming/media business fronts, we still had some interesting news stories. Actually, that kinda undersells one of the stories, a huge, huge, huge divestment that could upend the entertainment landscape... So let’s get right to it. In today’s column, I’ll cover Comcast spinning off the rest of NBCUniversal, an entertainment company investing in an LLM company and an LLM-owner investing in a movie studio, the latest round of threats of digital tariffs, and more. Let’s dive in. Subscribe Most Important Story of the Week - Most: Comcast/NBCU Breakup!!!! If I had to describe my reaction to Comcast spinning out NBCUniversal, it feels like a relationship ending, either breaking up or divorcing. Comcast’s decision to spin off the rest of NBCUniversal, after spinning off some of its cable assets into Versant last year, really does feel like a family breaking up under “irreconcilable differences”. Of my stereotypes of the entertainment moguls, my go-to for Comcast CEO Brian Roberts—heir to the Comcast fortune, but a man who’s been at the helm for 24 years now, and president for twelve years before that—is that he likes building empires. He cut his teeth acquiring cable rivals in the 1990s and tried to buy Disney repeatedly, then settled for NBCUniversal after a long court battle. (Contrast this with Rupert Murdoch, a man who also loved to buy, but would also sell when the price is right. Murdoch made Fox out of nothing, but then sold 20th Century Fox to Disney, arguably at the top of the market. So I understood why he sold.) But I don’t understand Roberts’ motivation to sell now. I have some explanations but no single, super-satisfying explanation. Strategically, it would just make more sense to have kept NBCUniversal in-house, especially for a one-time empire builder like Comcast. Yet one powerful force—arguably the decider in modern capitalism—likely overwhelmed all other considerations. At first, I thought I’d arrange my thoughts as a “Five Why” analysis, digging through each layer of the puzzle. But instead, I found myself asking, “But…why?” (And I only ended up with four sections.) So let’s look at Comcast from that angle. Then, at the end, I’ll give my biggest strategic recommendation for every company in Hollywood. It’s obvious, but sometimes, the obvious strategy is the most ignored. But…Why? The Stock Market, Conglomerations, and Sum of the Parts Analysis We’re just getting started with this issue, but the rest is for paid subscribers of the Entertainment Strategy Guy, so if you’d like to find out… Why Comcast could never get a “tech company” valuation The not-so-secret motivation for Comcast What Versant has to do with all of this The key strategic advice I think every entertainment exec should follow (though it’s really obvious) Some big AI investment news… Whether we’ll see digital tariffs… And more… ...please subscribe! We can only keep doing this great work with your support.
Gillette Chamber of Commerce reflects on 70 years of business growth, community support
GILLETTE, Wyo. — The Gillette Chamber of Commerce is celebrating 70 years of helping local businesses connect, grow and succeed in the community. The Chamber was started in 1956 by a group of local business owners. Today, the organization works as a link between businesses and local, county and state leaders. CEO Gail Loafing said […]
Sun Valley Helped Destroy the Media Business. Why Do We Still Care About It?
Allen & Co.’s Sun Valley confab of billionaires and CEOs has spawned historic media mergers, but many of those deals were disasters.
Exclusive: Integral Ad Science hires Lidiane Jones as CEO
The former CEO of Bumble and Slack will succeed Lisa Utzschneider.
How the billionaire Taser founder knew he had struck business gold
CEO Rick Smith explains how he went from door-knocking to billionaire.
Make the Business Case for Your Sustainability Initiative
Sustainability proposals often stall not because they lack merit, but because they are framed in a language that does not match how senior leaders allocate capital. While CSOs tend to emphasize impact, materiality, and disclosure, CFOs and CEOs need to understand cash flow, risk, and return. External reporting frameworks are useful for accountability, but they are poorly suited to internal investment decisions, which require project-level comparisons rather than aggregated enterprise metrics. Sustainability investments should therefore be evaluated like any other investment: by showing how they reduce current costs, avoid future costs, generate new revenue, or protect existing revenue. Strong cases begin with a clear business story that links the proposed action to a specific business impact and cash-flow outcome, then quantify what can credibly be quantified while treating harder-to-measure benefits as either upside or an explicit strategic bet.
Accel Entertainment schedules Aug. 4 results call after market close
CEO Andrew Rubenstein and senior management will review Q2 2026 results at 4:30 PM ET, with a webcast replay posted on the investor site.
Game over for 20% of Xbox staff as Microsoft hits reset: We ‘didn’t focus on the core business,’ CEO says. ‘We simply spread ourselves too thin.’
Everything you need to know before you reach the office this morning.
Thousands of acres, billions in investment: What's next for RiverPlex MegaPark?
The RiverPlex MegaPark is still years away from reaching its full potential, but the foundation is being laid for what could become one of the Gulf Coast’s largest industrial hubs, according to Ascension Economic Development Corporation President and CEO Kate MacArthur. With roughly $10 billion in announced investment already committed and thousands of acres still […]
Nuclear business is sold out through 2030: Solstice CEO David Sewell
CNBC's Jim Cramer talks with Solstice CEO David Sewell about its $14.5 billion acquisition of Element Solutions, outlook for its business and more.
Microsoft's Xbox business reset
Microsoft's latest Xbox layoffs show the pressures facing one of gaming's biggest names and how the new CEO plans to change course.
Xbox CEO Asha Sharma wants the company to "entertain more than a billion people" every day: here's why that's a deeply unrealistic thing to say
The company will have to do so with four less studios under its belt.
Xbox Laying Off 3,200 Staffers, CEO Confirms: "Our Business Today Is Not Healthy"
The CEO of Microsoft's Xbox video game unit has announced "the most significant restructure" in its 25-year history, with 3,200 workers facing layoffs.
Oscar Health's Mark Bertolini on making 'healthcare work for all'
A former CEO of Aetna and Bridgewater (and current chairman of the board of Verizon) brings his leadership philosophy to a challenger brand.
New state, federal laws bring changes to North Shore Health
State and federal legislation passed in 2025 is beginning to take effect at North Shore Health, according to the latest administrative report from North Shore Health CEO Kimber Wraalstad. One of the measures is Minnesota’s “swing bed” legislation, which Wraalstad worked on with state Sen. Grant Hauschild and state Rep. Roger Skraba. The law allows...
How much did Philly-area nonprofit health system CEOs make in 2024?
All CEOs except those at the smallest systems received at least $1 million in compensation.
Vandalia Health's Sandene ready to meet health care challenges head-on
Vandalia Health's new president and CEO Jeff Sandene settling in.
Fossil teeth smaller than a nail may rewrite human origin stories - Futura-Sciences
A shrew sized primate ancestor Purgatorius first appears in the fossil record around 65.9 million years ago. This timeline places the animal just after the Cretaceous-Paleogene asteroid impact that eliminated non-avian dinosaurs. The creature was a small, tree-dwelling mammal about the size of a modern shrew. Scientists classify it as...
A Colorado county’s new ‘unicorn’ home health program fills gap left by provider’s closure
“We recognized there were members of our community who were struggling to access appropriate services,” said Brandon Daruna, CEO of Eagle County Paramedic Services.
The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’
"I was having a conversation this weekend with Claude and it was a pretty in-depth conversation," W.J. Werzyn told Fortune. And then it hallucinated.
Trump Accounts are now live. Here's how to register.
Billionaire CEO Michael Dell said he and his wife will gift $250 to the first 25 million children who sign up for a Trump Account.
AMC CEO shares play-by-play of Taylor Swift and Travis Kelce’s wedding
AMC CEO Adam Aron shared a very detailed recap of Taylor Swift and Travis Kelce’s wedding at Madison Square Garden, from the decor to the vows.
MSU student group helps foster conversations across the political aisle
MSU Middle Ground is a group that fosters conversation about hot-topic issues with people across the political aisle to create empathy for the other side.
His AI startup has a literal moat: a castle for an office
Rémi Louf is the CEO of the AI startup .txt. He works out of a castle with iron gates and a moat in Bourron-Marlotte, France.
I pay each startup employee $18,000 a year to live near the office
Sebastian Jimenez, the CEO of Rilla, explains why the AI startup invests $37,000 a year in perks for every employee, including a housing stipend.
Texas Tech Health Science Center Offers Summer Safety Guidance
Texas Tech Health Science Center Offers Summer Safety Guidance
The health benefits of fermented foods
Amber Freeman, host of Bloom, joined Fermenting Fairy Founder and CEO, Lauren Mones, in the kitchen to explore the many benefits of consuming fermented foods. While fermentation may sound intimidat…
Palantir CEO Alex Karp's properties, homes: See inside
Palantir's Alex Karp has quietly built a nine-figure real estate portfolio. Here are some of the homes and properties he owns in the US.
Completed State Budget Highlights Healthcare Champions
MHA CEO Brian Peters issued a statement celebrating healthcare champions following the Michigan Legislature passing a completed state budget.
NASCAR, New CEO Travel To Washington D.C. To Promote League
NASCAR and its new CEO Steve O’Donnell made a pit stop in Washington D.C. to amplify the impact of motorsports.
Klutch Sports CEO Rich Paul confirms Sixers have LeBron James' attention: 'Everything has changed'
On Friday morning's edition of his podcast, "Game Over," Klutch Sports CEO Rich Paul spoke glowingly about the Sixers as a potential fit for LeBron James.
Why Perplexity's founder doesn't think the American dream is over
Aravind Srinivas, the CEO of Perplexity, praised America's startup culture on "The Joe Rogan Experience."
Clarksdale Native Ben Frazer
Young entrepreneur at the helm of Stovall Capital and Chinook Fire Protection It’s a long way from Clarksdale to Anchorage, Alaska, but Ben Frazer is moving forward with his business career there. That’s where he is the CEO of Chinook Fire Protection, which was acquired by his SEC-registered company, Stovall Capital. He is still […]
Jensen Huang's leather jacket could fetch $60,000 at auction
Nvidia CEO Jensen Huang's black Tom Ford leather jacket is up for auction, with proceeds benefiting charity, Sotheby's said.
Lil Wayne, Karl-Anthony Towns top attendees at Michael Rubin's 2026 'White Party'
Some of the biggest names in the sports world partied with Fanatics CEO Michael Rubin at his annual "White Party."
M&A is ‘on fire’ as large-cap firms simplify, Citi U.K. CEO says
Citi U.K. CEO Tiina Lee said U.K. M&A is “on fire” as companies simplify and overseas buyers target British assets.
GMI Cloud CEO on Business Strategy, AI Ecosystem
Alex Yeh, Founder and CEO at GMI Cloud, discusses the company's business strategy and the outlook for the AI ecosystem. He speaks with Shery Ahn from the sidelines of the IVS2026 conference in Kyoto.