Richard Lawler

Everything is gambling, but not everything in gambling is going great, as CNBC reports that on Wednesday, FanDuel CEO Amy Howe was “ousted from that post after five years at the company.” FanDuel’s stock is down 60 percent over the last year, and DraftKings shares are down 30 percent.

A report by The Information says that for the US-licensed arm of the prediction market, chief executive Justin Hertzberg “appears to be CEO in name only,” despite his protestations to the contrary.

Fubo TV’s earnings seem to show the impact of the NFL, as the Q2 subscriber count dropped from 6.2 million at the end of 2025 to 5.7 million three months later, which is fewer than the 5.9 million subscribers it had at the same time last year. Still, revenue was up one percent.

Data center sales are now “the primary driver of our revenue and earnings growth,” according to CEO Lisa Su. AI agents are increasing demands for CPUs, and AMD and Intel’s x86 industry group recently announced a new instruction set, AI Compute Extensions (ACE), to help close the performance gap with GPUs.

Every three months, we get another round of financial updates from publicly traded companies like Alphabet, Meta, and Amazon, but the Trump Administration is pushing to lower that requirement to every six months. The argument in favor of changing it claims that quarterly reporting is a burden on small or medium-sized companies, despite the risks of weaker monitoring, as Reuters and WSJ report.

Brockman said that focusing on the game was his idea, in a project worked on by several people, later explaining that DeepMind was working on something similar with a different game but “had nothing” yet, contributing to their decision not to open-source the technology.

While Elon Musk has settled his Twitter case with the SEC, nonprofit watchdog group Media Matters says the FTC has ended a “retaliatory” investigation about whether it worked with advertisers to boycott Elon Musk’s website:

The Trump Administration’s rollback of AI safety regulations may not extend to itself, as the NYT reports that after the launch of Mythos, officials are concerned about “…political repercussions if a devastating A.I.-enabled cyberattack were to occur,” said sources.

Former Chewy and current GameStop CEO Ryan Cohen says he plans to somehow create a competitor to Amazon “...worth hundreds of billions of dollars.”
GameStop said it has a commitment letter from TD Bank for $20 billion in debt financing, but where the rest will come from is unclear, with WSJ sources citing Middle Eastern sovereign-wealth funds as a possibility.