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Ex-Disney CEO Bob Chapek rips Bob Iger’s search for ESPN partner

Former Disney CEO Bob Chapek broke his silence in his first public comments since being fired in 2022, announcing that current president Bob Iger is seeking a strategic partner for ESPN. criticized the move. Chapek said. CNBC He said he sees no reason for Disney-owned Sports Channel to add a minority partner. “Strategically, I don’t […]

Intel embarking on a ‘journey to rebuild’ US chip domination, CEO says

In “The Claman Countdown,” Intel CEO Pat Gelsinger details how $8.5 billion from the Chip and Science Act will be spent on four projects, including a factory in Ohio. Intel CEO Pat Gelsinger shares big technology companies’ excitement over billions of dollars in federal aid that will help the U.S. regain dominance in chip production. […]

Reddit CEO addresses $193M compensation package

Sarah Kunst, managing director at Creo Capital, talks about Reddit’s unusual IPO and Encyclopedia Britannica seeking a $1 billion IPO valuation on Making Money. Reddit CEO Steve Huffman The $193 million fee was mentioned amid backlash from volunteer moderators on the social media platform as the company nears its initial public offering. Mr. Huffman answered […]

Nvidia CEO Jensen Huang announces company’s next-gen AI chip

R Ray Wang, founder of Constellation Research, discusses whether Nvidia’s stock rally is slowing with Varney & Co. Nvidia CEO Jensen Huang initiated the project. Artificial intelligence (AI) Giant attended the GTC 2024 conference with a keynote on Monday, announcing its next-generation AI chips that the company hopes will keep NVIDIA at the forefront of […]

George Lucas backs Disney CEO Iger as proxy fight continues

Rob Luna, founder of the Rob Luna Wealth Academy, talks about whether it’s time for investors to rethink how they make money after some disappointing stocks. Legendary film director George Lucas is backing Disney and CEO Bob Iger in their proxy battle with activist investor Nelson Peltz. “No one knows Disney better than CEO Bob […]

United Airlines CEO addresses string of incidents, tells passengers carrier is safe

United Airlines CEO Scott Kirby said this week that the airline is investigating a series of recent accidents on its planes, ranging from engine and structural problems to wheels falling off during takeoff. Letters reassured flyers. At least six unrelated incidents have occurred on United Airlines-operated aircraft since the end of February. Five of the […]