Amazon Satellite Deal Takes the Battle of the Billionaires Into Orbit
Amazon secured a multi‑year, roughly $1.5 billion launch contract with SpaceX to deploy its Project Kuiper broadband satellites, marking a decisive step toward commercial service. The agreement covers up to 1,000 launches over the next decade, enabling Kuiper’s planned constellation of 3,200 low‑Earth‑orbit satellites. By partnering with Musk’s rival launch provider, Jeff Bezos directly challenges Elon Musk’s Starlink dominance in the satellite internet arena. Regulators have already cleared Kuiper’s spectrum, but the launch cadence will determine when Amazon can compete for customers.

From Near Shutdown to $40M in Five Months
🚨 Last call 🚨 This week, I'm sitting down with @EricSimons, Co-founder & CEO of @boltdotnew, to talk about how they went from weeks away from shutdown to $40M in 5 months. If you're a founder, investor, or just trying to understand...

Streaming Fraud Doesn’t Respect Silos. Neither Should We.
Merlin’s licensing deal with TikTok ended in October 2024, prompting the rights collective to double down on fighting streaming fraud. The company has shifted to a proactive, automated approach, building a cross‑platform database to flag illegitimate activity. Over the past...

Lucid Names Silvio Napoli as the Electric Luxury Brand's New CEO
Lucid Motors announced Silvio Napoli as its new chief executive, succeeding interim CEO Marc Winteroff, who will revert to the COO role. Napoli arrives from the Schindler Group, where he led the Swiss elevator and escalator manufacturer. His appointment coincides...
The Recycling Partnership Announces Leadership Transition
The Recycling Partnership announced that founder and CEO Keefe Harrison will step down on July 31 after 12 years at the helm, with a national search slated to name a new CEO later this summer. Harrison will remain through August to support...
Mark Pitts Leaves RCA to Launch Cofvnders, a Multi‑Media Management Venture
Mark Pitts, longtime president of Sony Music’s RCA Records, announced his departure to found Cofvnders, a multi‑media management company headquartered in New York and Los Angeles. The new venture will continue to partner with RCA/Sony Music while spearheading projects like...

Nike’s Reality Check | The Debrief
Nike’s new CEO Elliot Hill, back in October 2024, is still fighting a deep earnings slump. The latest quarterly results missed expectations and the company warned of another down quarter, eroding investor patience. While Nike remains the largest sports‑wear brand,...
Airbnb Rolls Out Airport Pickup Service in 125 Cities, Deepening Travel‑app Ecosystem
Airbnb has partnered with U.K.‑based Welcome Pickups to pilot airport transfer bookings inside its app across 125 cities in Asia, Europe and Latin America. The service, priced up‑front with no extra Airbnb fee, aims to keep travelers inside the platform...
Kraken Co-CEO Confirms IPO Filing
Kraken’s co‑CEO Arjun Sethi confirmed the firm filed a confidential IPO registration, only to pause the process last month as crypto markets weakened. The company’s valuation has slumped 33.5% since November, falling to roughly $13.3 billion from $20 billion. Bitcoin’s price dropped...

Inside Irwin Simon’s Leadership Philosophy: ‘Don’t Yes Me’
Irwin Simon, the venture‑backed entrepreneur behind BrewDog’s rapid expansion, outlines a leadership mantra he calls “Don’t Yes Me.” He argues that leaders should actively discourage automatic agreement and instead invite dissent to surface blind spots. Simon credits this approach with...

Novartis CEO Joins Board of "Responsible" AI Firm Anthropic
Novartis chief executive Vas Narasimhan has been appointed to the board of Anthropic, a leading responsible‑AI firm. The move follows Anthropic’s $400 million acquisition of Coefficient Bio, expanding its platform for AI‑driven target and drug discovery. Anthropic recently launched Claude for...

Nike’s Reality Check
The episode examines Nike’s ongoing turnaround under CEO Elliot Hill, focusing on flat Q3 sales, investor impatience, and the brand’s struggle to craft a compelling narrative despite strong product innovation and scale. BOF analyst Mike Sykes highlights modest wins in...
Lucid Group Names Silvio Napoli CEO, Raises $750 Million in New Funding
Lucid Group announced the appointment of Silvio Napoli as its permanent chief executive and closed a $750 million financing round that includes a $550 million convertible preferred investment from a Public Investment Fund affiliate and a $200 million infusion from Uber. The cash...
MyPillow CEO Mike Lindell Says 'Woke' Buyer Forced Factory Relocation
MyPillow founder and CEO Mike Lindell told Steve Bannon’s War Room that a “woke” firm purchased the company’s building, compelling him to shift production to a new site. He is now selling inventory from semi‑truck trailers while promising discounts and...
Perplexity AI Posts $500M Revenue After Lean‑team Computer Pivot
Perplexity AI CEO Aravind Srinivas announced the company’s revenue jumped to $500 million, a five‑fold increase from $100 million, after shifting to a Computer‑centric AI model. The growth came with only a 34% rise in staff, underscoring a lean‑scale approach that could...
SPS Commerce Posts 16% Q3 Revenue Rise to $189.9M, Highlights B2B Platform Strength
SPS Commerce announced Q3 2025 revenue of $189.9 million, a 16% year‑over‑year increase, driven by strong recurring revenue and a 20% jump in its fulfillment business. The company also flagged a $3 million shortfall in its revenue recovery segment due to Amazon...
Cimpress Q2 2025 Earnings Show Digital Ad Spend Spike and New U.S. Print Platform
Cimpress posted 2% revenue growth in Q2 2025 while adjusted EBITDA fell $34 million, driven by weaker U.S. sales and a near‑50% jump in digital advertising costs. The company also announced a new Pixartprinting facility in Pennsylvania to launch its Upload...
CZ Blasts Biden Admin’s Crypto Crackdown, Cites Trump Pardon and $2 B Binance Exposure
Binance co‑founder Changpeng Zhao (CZ) told Fox Business that the Biden administration’s “hostile environment” forced him into prison and a 2023 exit from Binance. In his new memoir, he reiterates the criticism, noting a $2 billion stablecoin holding tied to Trump‑linked...

London Lions CEO: We’d Love to Be in NBA Europe but We Have a Reason to Exist Anyway
London Lions CEO Lenz Balan says the upcoming NBA Europe franchise in London is an opportunity, not a threat, and that multiple clubs can grow the sport’s market. The Lions are chasing a domestic quadruple while still owing more than...

Zelio E-Mobility Ropes In Ex-Navi Executive Divyanshu Agarwal As CEO
Zelio E‑Mobility, a BSE SME‑listed electric two‑ and three‑wheeler maker, named former Navi UPI head Divyanshu Agarwal as chief executive effective April 15. The 26‑year‑old chartered accountant previously led Navi’s UPI business and helped raise private‑equity capital. In H1 FY26, Zelio...
Cloud Exit Slashes Hosting Costs by $3M Annually
In 2023, we spent $3,934,099 on AWS + other hosting. In 2026, our hosting + support bill is down to ~$1m/year due to the cloud exit. Even including all the hardware buying, we will already have saved ~$4m by the...

Supporting the U.S. Economy
CSX is leveraging its rail network to support U.S. re‑industrialization through its Select Sites® program, which certifies rail‑ready industrial properties. Since its 2012 launch, the initiative has grown to 80 certified sites across a dozen states, adding 21 new locations...
Citi, Wells, PNC CEOs Dismiss M&A Likelihood
Citi CEO Jane Fraser told investors on the first‑quarter earnings call that the bank is "crystal clear" about focusing solely on organic growth, dismissing recent speculation about a regional‑bank acquisition. Wells Fargo and PNC CEOs echoed the same stance, saying M&A...
Levi’s CEO on AI, Sticking to Values
Levi Strauss & Co. CEO Michelle Gass announced that the heritage denim maker is leveraging artificial intelligence to accelerate its transformation into a direct‑to‑consumer, head‑to‑toe denim lifestyle brand. AI is being used to overhaul design, sourcing and inventory processes, supporting...

Cohere Exec Pledges AI Firm Will Stay Canadian-Headquartered Amid Merger Reports
Cohere’s chief AI officer Joelle Pineau publicly affirmed that the Toronto‑based AI firm will remain headquartered in Canada, even as media reports suggest a possible merger with Germany’s Aleph Alpha. Pineau’s X post emphasized Canada as the company’s “home” and...

TBL: Are People Afraid To Tell You Bad News
In 2015 Volkswagen’s diesel‑engine program collapsed when engineers admitted to installing software that cheated emissions tests on more than 11 million cars. The scandal stemmed from an authoritarian culture that punished failure, prompting staff to hide the truth rather than report...
NWT and Nunavut Chamber of Mines Names Paul Hébert as CEO
The NWT and Nunavut Chamber of Mines appointed Paul Hébert as chief executive, effective May 11, 2026. Hébert arrives with more than two decades of association‑management experience, most recently serving as vice‑president of communications at the Mining Association of Canada. His hiring...
Plaiced CEO Kaaveh Shoamanesh on Building a Network Inside the Internet’s Closed Doors
Plaiced, led by CEO Kaaveh Shoamanesh, has built an ad network that taps into the "gated web"—private groups, niche apps, newsletters and Discord servers—offering brands access to over 50,000 curated communities and roughly 500 million high‑intent users. The platform promises engagement...
Ex-OnlyFans CEO Launches Vylit, an 18+ Creator Platform Positioned Between Social Media, Adult Content
Former OnlyFans CEO Ami Gan has launched Vylit, an 18+ creator platform that blends social‑media style discovery with adult‑content monetization. The New York‑based startup secured $2.7 million in seed funding from Windmill Chain Fund and angel investors. Vylit differentiates itself by...

New Mountain CEO Outlines Long-Term Vision to Build Diversified, Multi-Line Reinsurance Platform
New Mountain has launched VictoryRe, a new reinsurance carrier, and its first collateralised vehicle, NovaRe, to provide capacity to specialty MGA Novacore. The initiative marks the firm’s entry into the reinsurance market and aims to build an integrated platform combining...
Kimberly-Clark Details Structure, Leadership Team Following Kenvue Deal
Kimberly‑Clark announced the organizational blueprint and leadership roster for the combined entity after its pending acquisition of Kenvue, a deal valued at more than $40 billion. The merger will bring together household names such as Kleenex, Huggies, Tylenol and Listerine under...

Snap Is Cutting 1,000 Jobs, 16% of Its Workforce
Snap Inc. is cutting about 1,000 jobs, representing 16% of its global workforce, as part of a restructuring announced by CEO Evan Spiegel. The company attributes the layoffs to rapid AI advancements that have reduced repetitive work and boosted product...
David Ellison Won’t Appear at Senate Hearing Over Warner Bros. Deal Due to a Death in the Family
Paramount Pictures has secured a $111 billion agreement to acquire Warner Bros. Discovery, the largest media merger in recent U.S. history. CEO David Ellison will miss the Senate antitrust hearing after notifying Sen. Cory Booker that a family death prevents his attendance....
When Creating an AI Strategy, Don’t Overlook Employee Perception
Executives face a fork in AI strategy: automate to cut costs or augment to boost growth. Recent high‑profile moves—from Jack Dorsey’s mass layoffs to Fiverr’s call for employee upskilling—illustrate both paths. A survey of 1,294 desk workers across the U.S.,...
IG Group Hires Moomoo Exec Qu Zhao as Japan CEO
IG Group has named former Moomoo chief marketing officer Qu Zhao as chief executive of its Japanese subsidiary, IG Securities Japan. Zhao succeeds Tomoharu Furuichi, who left earlier this year, as IG pushes growth in the Far East. The 2025...
KB Home to Relocate HQ From Los Angeles to Phoenix by Spring 2027
KB Home announced it will move its Los Angeles headquarters to the Phoenix metropolitan area by spring 2027, aiming to cut costs and foster collaboration. The builder will keep six divisions in California, maintain over 100 projects, and joins other...
SEI Appoints Veteran Strategist Adam Hartstein to Lead Chicago Office
SEI, the employee‑owned management consulting firm, announced that Adam Hartstein will serve as Managing Director of its Chicago office. The hire brings more than 20 years of strategy, M&A and transformation experience and signals SEI’s push to deepen its Midwest...

Artnet and Artsy Come Together Under Shared Leadership
Artnet and Artsy have merged under shared leadership, with CEO Jeffrey Yin and chairman Andrew Wolff guiding the combined entity while keeping both brands separate. Wolff, who acquired majority control of Artsy and took Artnet private, will serve as chairman....

Kadence Reaches $15M ARR Managing Hybrid Work for Revolut & Boeing
In this episode, Dan Bladen, co‑founder and CEO of Cadence, discusses how his company helps large enterprises like Revolut, Boeing, and Rolls‑Royce manage hybrid workspaces through a people‑centric booking platform priced at $48‑$80 per user per year. He recounts pivoting...
Verizon Posts 1.5% Revenue Rise in Q3 2025, Highlights Broadband Gains and Frontier Deal
Verizon announced third‑quarter 2025 results with consolidated revenue of $33.8 billion, a 1.5% increase year‑over‑year. The carrier added 306,000 broadband subscribers, pushed Fios internet net adds to 61,000, and confirmed its pending Frontier acquisition while reaffirming full‑year guidance.
Xbox CEO Asha Sharma Signals Return to Exclusives Amid Game Pass Pricing Debate
Asha Sharma, the newly appointed Xbox CEO, warned that Game Pass has become too expensive and hinted at a strategic pivot toward exclusive titles. The move fuels a high‑stakes debate inside Microsoft about whether Xbox should prioritize an ecosystem model...
Replimune Shares Tumble 64% After FDA Issues Second CRL on RP1 Vaccine
Replimune's shares dropped about 64% on April 10 after the FDA issued a second Complete Response Letter rejecting the RP1 vaccine. The setback forces the company into job cuts, raises questions about its pivotal IGNYTE‑3 trial, and slashes analyst price...
CEOs Expect AI to Augment, Not Replace Jobs
CEOs are leaning toward a more balanced view of AI and jobs. Rather than mass displacement, many see AI as augmenting work, even as debates continue inside companies like Anthropic about how far the impact could go. The outlook is not settled....

Speedy Fixes: Removing Customer Roadblocks Drives Success
The CEO of UnitedHealthcare on Fixing What Frustrates Customers Most https://t.co/WWzA25AjwY The best organizations know how to move fast and remove roadblocks when it matters the most. #customerunderstanding #customerexperience https://t.co/fAADxWax0B

CEO of Port of Antwerp-Bruges Steps Down
Jacques Vandermeiren stepped down as CEO of the Port of Antwerp‑Bruges after eight years, having overseen the historic merger of Antwerp and Zeebrugge ports. The board is entering a new strategic phase focused on cost efficiency and sustainable value creation....
Meta CEO Revisits Coding to Grasp AI
$META: Interesting read how CEO has returned to coding to better understand AI. https://t.co/qavUkYoGyt via @businessinsider
Pershing Square Admits Nike Turnaround Far Tougher than Anticipated
Pershing Square: "With Nike, we did not understand how much the prior CEO had really damaged the business, and how heavy the turnaround was going to be." https://t.co/YaLEkVXfp1

Conagra Brands Incoming CEO on Knife Edge
Conagra Brands named former JM Smucker COO John Brase as its president and CEO, effective June 1, after Sean Connolly’s departure. The announcement triggered a 4.4% drop in the stock, adding to an 18% decline year‑to‑date and a 62% slide over five...
Failing Upwards: Ex‑Oakland Mayor Named CEO Despite Record
The Bay Area Council just named former Oakland Mayor Libby Schaaf as CEO. Her record: a gutted police force, fleeing businesses, and a successor indicted on federal charges. This is a classic example of failing upwards. https://t.co/ETSqR9TMOC

CEO Slashes Salary Until Company Performance Improves
$DGL CEO taking a pay cut until performance improves. The guy doesn't need it. Still, would love to see this at pretty much every company I follow. https://t.co/bBgDpe00t2