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Redbox DVD rental parent company files for bankruptcy

See what’s clicking on FoxBusiness.com Chicken Soup for the Soul Entertainment (CSSE) has filed for bankruptcy nearly two years after acquiring DVD rental company Redbox. CSSE, the ad-supported video-on-demand streaming service that also owns Crackle, disclosed in a Delaware filing that it owes nearly $1 billion to more than 500 creditors, including Walmart, Walgreens and […]

Tractor Supply Company issues statement

Tractor Supply Co. statement The company announced it would stop sharing data with the Human Rights Campaign, backtrack on its diversity, equity and inclusion stance, and abandon its carbon emissions targets. The Human Rights Campaign is a pro-LGBT advocacy group. In a statement, the company made the following five points: “Do not send data to […]

Man with less than $1 in account makes bogus bid to bail out space company: SEC

Former NASA executive Edin Uzo Okoro reacts to the Boeing Starliner launch and shares his thoughts on the growth of the private space sector. A Fort Worth, Texas man is facing serious rebukes after the Securities and Exchange Commission announced plans to sue him for making a “false offer” to buy the now-bankrupt space company […]

Can chipmaker Nvidia remain world’s most valuable company

Chipmaker Nvidia has seen its market capitalization more than triple this week. Trillion dollars, surpassing Microsoft to become the world’s most valuable company. This historic surge has been compared to the frenetic days of the dot-com era almost 30 years ago. Is that true? As for Nvidia, it’s probably not a bubble, at least not […]

Disney senior VP claims company hires based on race

Executives at the Walt Disney Company argued that the storied brand has sweeping race-based hiring practices but uses coded language to avoid responsibility. In a series of undercover videos produced by investigative journalist James O’Keefe’s O’Keefe Media Group, Disney Senior Vice President Michael Giordano detailed a series of questionable hiring practices and beliefs that have […]

OpenAI co-founder devotes new company to 'safe superintelligence'

OpenAI co-founder Ilya Sutskever said this week: New artificial intelligence venture It focuses on safely developing “superintelligence.” The new company, Safe Superintelligence Inc. (SSI for short), has a sole purpose: to create safe AI models that are more intelligent than humans. “Building a secure superintelligence (SSI) is the most important technological challenge of our time,” […]