Disney dodges the Trump question
Disney CEO Bob Iger says he doesn’t need to buy or sell anything during the second Trump administration. Some-media executives are excited to buy and sell big assets during the next Trump administration. Disney’s Bob Iger is not one of them. He says the company has already made the moves it needs to make. “In…
Sam Altman says ‘there is no wall’ in an apparent response to fears of an AI slowdown
Sam Altman has previously said that AI scaling laws are “decided by god.” Sam Altman has said, “There is no wall,” in an apparent reference to concerns that OpenAI and other companies are facing a slowdown in advancing their AI models. His comment — posted to X Thursday — follows a report in The Information…
The billionaire CEO who made history with SpaceX describes facing the ‘vacuum of death’ in only a spacesuit
Jared Isaacman returned from the Polaris Dawn mission he led with SpaceX on September 15. Jared Isaacman’s second trip to space felt different. The billionaire CEO of the payments company Shift4 made history two months ago when he opened up the hatch on a SpaceX rocketship and stepped into outer space. The moment marked the…
I’ve been on Carnival’s cheapest and most expensive cruise lines — see how the $430-per-day difference compares
Carnival Corp operates several cruise lines. Seabourn is one of its most luxurious, while Carnival Cruise Line is often one of its most affordable. Indulging in complimentary Champagne and caviar on a Seabourn cruise might make you think, “Toto, we’re not on a Carnival ship anymore.” In actuality, you are. Carnival Corp operates nine cruise…
FTX is suing super PACs and dark-money groups to claw back over $38 million in political giving
Former FTX CEO Sam Bankman-Fried in June 2021. Lawyers trying to recover money spent by the crypto firm FTX before it filed for bankruptcy have sued several political action committees and dark-money groups, seeking to claw back more than $38 million FTX paid in an attempt to influence American voters and policymakers. FTX’s attorneys filed…
CEO of failed supersonic plane startup on what went wrong — and how other companies might find success
Supersonic startup Exosonic closed its doors on Friday following low customer interest and difficulty raising funds. A handful of startups are vying to revive supersonic flight, but one contender just dropped out of the race. Exosonic, which had been working for five years to build faster-than-sound jets for commercial and military use, announced its shutdown…
Palmer Luckey, Anduril’s founder, will have an Attorney General for a brother-in-law if Matt Gaetz gets confirmed
Palmer Luckey (left) founded the defense-tech startup Anduril Industries and Meta-acquired Oculus VR. His sister, Ginger, is married to Matt Gaetz (right). Billionaire tech founder Palmer Luckey’s brother-in-law, Rep. Matt Gaetz, could be the next Attorney General. On Wednesday, President-elect Donald Trump said he would nominate Gaetz, the congressman for Florida’s 1st district, for Attorney…
Russia’s new Iranian missiles could make the front lines in Ukraine far more dangerous
A missile launched in Iran in a picture received by Reuters in August 2020. The missile type is part of Iran’s growing missile arsenal. With Iranian ballistic missiles, Russia has a flexiblity that could be a big problem for Ukraine. It can hammer front-line positions with cheap Iranian weapons while reserving its more expensive weapons…
Skepticism, a ticking clock: What Trump’s picks mean for Ukraine
Donald Trump picked Sen. Marco Rubio as his Secretary of State. President-elect Donald Trump has made bold claims that he can bring the invasion of Ukraine to a swift conclusion. Though he hasn’t said how he would do that, his choices in recent days for crucial cabinet roles will color his approach. Across roles like…