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OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom.
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Popular TV-tracking app TV Time is shutting down as company focuses on AI
TV Time, the popular TV-tracking app, is shutting down on July 15 as parent company Whip Media pivots toward enterprise AI products.
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Questlove Teams Up With North Road for Digital Talk Show ‘The Next Move’
Roots drummer Questlove’s next move is a new talk show titled just that: “The Next Move.” Developed in collaboration with North Road Company and Two One Five Entertainment, “The Next Move” is a talk show based on Questlove’s personal celebrity game nights. The series will feature Questlove and three guests playing a variety of games…
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Lucid Motors’ CFO is out as its new CEO continues leadership shakeup
The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.
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Is yet another Microsoft studio, Obsidian, negotiating with Xbox to avoid closure? Conflicting reports emerge
A new report from The Game Business suggests that Obsidian Entertainment is another studio currently negotiating with Microsoft to avoid closure as part of the company’s controversial reassessment of its business. Only yesterday, we heard that Dishonored developer Arkane is reportedly one of five studios Microsoft is targeting to close down as part of its…
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As Paramount-Warner Merger Enters Antitrust Crunch Time In Europe, Britain Holds Key To David Ellison Hitting His September Deadline
When David Ellison met with the UK culture secretary on January 15, Paramount may have been in Netflix’s shadow as the preferred bidder for Warner Bros. Discovery (WBD), but it did not stop the American media mogul from laying the groundwork for his long-desired deal. He sat down with Lisa Nandy and her top official,…
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Peyton Manning’s Omaha Productions Builds Line-Up Tied to Women’s Sports
Roku launched a new look at top female athletes Thursday that includes a relative newcomer to the field. Omaha Productions is best known for the programs it produces for ESPN — particularly the so-called “ManningCast” featuring Omaha leader Peyton Manning and his brother, Eli — but the company is making inroads into a slate tied…
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Tesla’s Q2 sales jump 25 percent
Tesla just released its second-quarter delivery and production report, showing that the automaker is starting to recover after a particularly brutal sales year in 2025. The company said that it produced a total of 451,758 vehicles between April and June of this year, including 442,936 Model 3 and Model Y vehicles, as well as 8,822…
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AI won’t save advertising, says Digitas’ Amy Lanzi
We’ve got a special Decoder today — I had the chance to talk with Amy Lanzi, the CEO of Digitas North America, in front of a live audience at the Uber Villa at the Cannes Lions advertising festival in the South of France. I know, it’s a hard gig, but I do it for you.…
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Microsoft launches its own AI deployment company with $2.5 billion commitment
Microsoft follows Amazon, OpenAI and Anthropic with its new AI deployment group.