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
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
Good morning. Intuit closed fiscal 2026 with numbers that would make most software companies celebrate. But the company is entering fiscal 2027 with a different priority: rebuilding customer acquisition, even if that means sacrificing revenue growth in the near term. For its fiscal fourth quarter, reported Tuesday, Intuit (No. 231 on the Fortune 500) posted
Sun’s out, laptops out. Summer is the season of endless out-of-office messages, as workers cash in on their paid time off. But is the same true for those locked in the AI race? Miles Brundage, OpenAI’s former head of policy research, theorized on X that some AI labs may be more keen on vacay time
One of the biggest fears about AI was that it would kill tech jobs and shrink the software industry. The logic seemed straightforward. If AI made developers much more productive, tech companies would need fewer of them. That would mean fewer software subscriptions, known as “seats,” because each worker typically has their own account. Investors