Good morning. Polymarket makes a business out of uncertainty. Now it’s bringing some certainty to its own finances by hiring seasoned CFO Warren Jenson as its first finance chief. Jenson, who has served as CFO of Amazon, Electronic Arts, Delta Air Lines, and NBC (then a General Electric business) as well as Nielsen, will lead
Good morning. Live sports has become a strategic battleground for media companies and technology platforms competing for consumer attention and advertising dollars. Disney CFO Hugh Johnston also sees it as a driver of customer lifetime value. Johnston didn’t mince words about the state of live sports. “It’s just on fire,” he said during a question-and-answer
Seyfried played Holmes all the way from her time at Stanford in 2003 (where she did the titular dropping out) through to the catastrophic collapse of her company Theranos in 2015, spurred by an exposé published in The Wall Street Journal, in the 2022 Hulu limited series “The Dropout.” Theranos purported to manufacture a device
Inside the G20 event in Chapel Hill, N.C. this week, tech leaders like OpenAI’s Sam Altman raved about AI’s capabilities and the need to build more data centers. But outside, protestors struck a different tune. In a “fireside chat” with U.S. Commerce Secretary Howard Lutnick, Altman called AI “incredible magic of intelligence in a bottle,” while
Chinese fast-fashion business Shein Global Holdings Ltd. was once worth more than the parent companies of H&M and Zara, giving its reclusive boss Sky Xu a net worth of more than $23 billion. But Xu’s fortunes have turned in four short years as Shein battles tariffs, political scrutiny and growing competition. Shein is set to
Good morning. At Exelon, one of the nation’s largest utility companies, finance is getting a bigger seat at the strategy table. Jeanne Jones, the finance chief since 2022 and an almost 20-year veteran of the company, will take on the newly created role of EVP of finance and strategy on Oct. 5, putting her at
