Author: Press Room
Security-compliance software startup Vanta wants to become known as a “trust company” that can also have a bit of fun. It’s entrusting a new CMO to get it there.Vanta has promoted its VP of marketing, Sarah Scharf, to CMO, the company exclusively told CMO Insider.In an interview, Scharf said the two tasks at the top of her to-do list are to solidify the Vanta brand’s association with trust among its clients and potential customers, and to reinvent how the company gets marketing done internally in the age of AI.”How can we capture the moment and also reposition Vanta in a…
Marti Technologies (MRT) has expanded its ride-hailing service to 10 additional cities in Türkiye, bringing its total footprint to 30 cities. The new markets include Balıkesir, Çanakkale, Edirne, Erzurum, Hatay, Kahramanmaraş, Sivas, Şanlıurfa, Trabzon and Van. The company said the cities were selected based on ride-hailing demand and limited alternative
Gadgets have gotten pretty boring over the past few years. We’ve gotten a few unsuccessful attempts at AI devices. And every 12 months, we get a new iPhone that’s basically indistinguishable from the last iPhone.Which makes the next few months pretty interesting. In September, Apple is expected to release its new operating system, featuring a fully revamped Siri that’s supposed to be genuinely useful.And sometime in early 2027, we’re expected to see the first gadget from OpenAI — a doughnut-shaped thing the size of a hockey puck that could cost $300 or more.I’m not sold at all on the OpenAI…
Hon Hai Precision Industry press release (HNHPF): Q2 GAAP EPS of NT$4.27. Revenue of NT$2.53 trillion, up 41% on year. In the January-June period this year, adjusted EBITDA reached NT$227.7 billion, up by NT$77.6 billion. Looking ahead to the third quarter, the traditional
Majestic Labs cofounder Sha Rabii knows what it’s like to build AI infrastructure in an industry dominated by Nvidia.Rabii spent years leading custom silicon inside Google and Meta before launching his own AI hardware startup.When Rabii considers Nvidia’s biggest competitive advantage, he doesn’t point to its brilliant engineers, leading technology, or well-established sales channels.”Where they’re kind of unmatched is in the giant bag of cash they’re sitting on top of,” Rabii said.Nvidia had more than $80 billion in cash and marketable investments as of April, when it last reported earnings, and generated another $50 billion in operating cash flow that…
Elon Musk has predicted that AI will earn SpaceX more money than its other offerings.On Tuesday, SpaceX posted a 30-minute all-hands recording on X that CEO Elon Musk held with employees, during which he said AI has become an “extremely important part of SpaceX’s future.””Probably our AI revenue — not probably, definitely — our AI revenue will exceed all other SpaceX revenue probably in September, like next month,” Musk said in his speech.”And will significantly exceed all other SpaceX revenue in the fourth quarter,” he said.The executive then shared his ambitions for the training of Grok, SpaceX’s family of large…
Realty Income (O) priced an offering of $875M of 3.75% convertible senior notes due 2031, up from the previously announced $750M offering. The notes are expected to settle on August 14, 2026, subject to customary closing conditions. Realty Income also gave the initial purchasers
At 64, Rosie O’Donnell said she’s reached a place where she feels healthier and more comfortable in her body.”I never felt better. And it’s sad to me that it took me till I was 64 to get here, but part of it is Mounjaro,” O’Donnell said on Tuesday’s episode of the “Good Hang with Amy Poehler” podcast.The actor and talk show host said her doctor first introduced her to the drug three years ago to help manage her diabetes.”Never mentioned weight loss. Never said anything because it was my numbers they were trying to get down,” O’Donnell said.Not long after…
Kids’ meals are in vogue, according to Cava CEO Brett Schulman.The slop bowl chain is seeing an increasing consumer base that he calls “big kids” — adult customers on GLP-1 drugs opting for kids’ portions.In response to a question during a Tuesday earnings call about how weight-loss drugs were changing consumer behaviors, Schulman said Cava’s offerings were already in line with what GLP-1 Consumers want: “GLPs are shifting folks more to our style of eating.””We have seen some of our — we call them big kids — opt into our kids meal a little bit more in recent months from a…
Borr Drilling press release (BORR): Q2 GAAP EPS of -$0.79 misses by $0.67. Revenue of $232.3M (-13.2% Y/Y) misses by $15.29M. Second Quarter Adjusted EBITDA1 of $43.8 million, a decrease of $44.7 million or 51% compared to the first quarter of 2026.