Author: Press Room

Magic Johnson knows a thing or two about making the leap from sports to business.Speaking to Anthony Anderson, who guest-hosted “Jimmy Kimmel Live” on Tuesday, the former NBA player shared the advice he’d give others looking to break into the business world.”The first thing, take your ego out of it and know that you don’t know it,” Johnson, whose real name is Earvin Johnson, said.Johnson said aspiring entrepreneurs should learn however they can, whether through books, conversations, or spending time with people who have already built successful businesses.”I called so many people and met with them for lunch and dinner…

sankaiThrive Capital’s 2022 early-stage venture capital fund, a $516M investment vehicle that made early bets on OpenAI (OPENAI), SpaceX (SPCX), and Anduril Industries, has reportedly grown to be worth more than $3.7B as of the end of June. That figure, which

Chili’s has a new weapon in the war against fast food: its crispy chicken sandwich.While the chicken sandwich wars have faded in recent years, the fight for value has only intensified.Chili’s has repeatedly leaned into that competition, launching three campaigns in the past few years that directly challenge fast-food staples with larger versions of those items, arguing that diners can get more for their money at the casual-dining chain.Earlier this year, Chili’s launched a new campaign for its $10.99 3-For-Me deal, featuring a revamped chicken sandwich and five new versions, from Buffalo to BLT-style, as it looks to challenge fast-food…

OpenAI’s executive shake-up continues.The company announced Thursday that it is replacing its chief revenue officer, Denise Dresser, after only eight months in the role. Dali Rajic, formerly the chief operating officer of Wiz, is taking over the role with the monumental task of preparing OpenAI for its initial public offering, expected next year.Dresser’s departure joins a wave of change inside OpenAI’s upper ranks. On Tuesday, former chief operating officer Brad Lightcap said he’d be leaving the company — Dresser had been given parts of Lightcap’s former remit as recently as April. In July, OpenAI lost Johannes Heidecke, its head of…

In July, Fidji Simo announced she would step down from her role as OpenAI’s CEO of applications and transition to a part-time advisor role. Simo, who was diagnosed with postural tachycardia syndrome, or POTS, in 2019, initially took medical leave in April.”Over the last seven years, I’ve spent countless hours in doctors’ offices, dealing with symptoms, treatments, insurance, uncertainty, and all the invisible work that comes with being a patient,” Simo wrote on X in July. “Like millions of others living with chronic illness, I’ve experienced firsthand how difficult healthcare can be to navigate, even when you have every possible…

Lovers and haters are erecting monuments for their favorite tech billionaire, Elon Musk.Just north of the US-Mexico Border, near Brownsville, Texas, sits Starbase, SpaceX’s massive rocket launch and development site. In 2025, the surrounding area became incorporated as the City of Starbase, with a population of more than 500 residents, though thousands of people work at the complex.Recently, Starbase has turned into a locus of monuments tied to Musk and the achievements — or excesses, depending on your point of view — of his companies.A French foundry group, Atelier Missor, shared photos on X last week, showing its progress in…

Earnings Call Insights: Genasys Inc. (GNSS) Q3 2026 Management view “Revenue for the fiscal third quarter was $7.3 million compared to $9.9 million in the prior year period,” and CEO Richard Danforth said the decline was driven by “2 timing-related factors,” including “the supply chain constraintSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational…

Tesla is making a major bet on demand from urban EV owners by planning an unusually large charging hub in San Francisco.Plans filed with the city show that Tesla is planning for 124 V4 Supercharger stalls at 75 Waterloo Street, a triangular vehicle storage lot near the intersection of Alemany Boulevard and Bayshore Boulevard, alongside Highway 101.The proposed station would be among Tesla’s largest globally, and a rare project of that scale inside a major city. By comparison, Tesla’s planned V4 Supercharger at 25 Mason Street, near Market Street in the city, would have 35 stalls. That permit application was…

Netflix cofounder Reed Hastings says CEOs could soon face critical decisions if generative AI continues to rapidly improve.”You could either cut your workforce in half and stay in the same business lines, or you can use all these new resources to expand against your competitors,” Hastings said during an interview for Semafor’s “The CEO Signal” podcast.Hastings, who sits on Anthropic’s board of directors, said that in five years, frontier models will be 32 times better than today. If that pace continues, which is not guaranteed but is something many in the industry expect, “then in 10 years, that’s a thousand…

This as-told-to essay is based on a conversation with Sarah Silbiger, a 30-year-old freelance video and photojournalist based in Philadelphia. The following has been edited for length and clarity.My partner and I are both journalists. We worked straight through the pandemic, and it was unrelenting. After covering such partisan politics, I really wanted to have a more holistic understanding of what it meant to live in the US.We’re really outdoorsy and wanted to see the country. Simply put, I was seeking a creative refresh and whimsy. The Winnebago EKKO that my partner and I lived in for a year.  Courtesy…