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Disney parks chief Josh D’Amaro will take over for Bob Iger as CEO

Disney parks chief Josh D’Amaro will take over for Bob Iger as CEO

Disney has named its parks chief Josh D’Amaro to succeed Bob Iger as the entertainment giant's top executive.
D’Amaro will become the 9th CEO in the more than 100-year-old company's history. He has overseen the company’s theme parks, cruises and resorts since 2020. The Experiences division has been a substantia ... (full story)


Musk vows to put data centers in space and run them on solar power but experts have their doubts

Musk vows to put data centers in space and run them on solar power but experts have their doubts

NEW YORK (AP) — Elon Musk vowed last week to upend another industry just as he did with cars and rockets — and once again he's taking on long odds.
The world's richest man said he wants to put as many as a million satellites into orbit to form vast, solar-powered data centers in space — a move to allow expanded ... (full story)


Investors and regulators working together

When an investment "problem" surfaces, wouldn't it be nice to speak with someone about it? When a regulator needs perspective on investor behavior, wouldn't engaging with investors help?
Both interests are being served through the U.S. Securities and Exchange Commission's (SEC) Office of the Investor Advocate (OIAD), ... (full story)


Some companies tie AI to layoffs, but the reality is more complicated

The one thing N. Lee Plumb knows for sure about being laid off from Amazon last month is that it wasn’t a failure to get on board with the company’s artificial intelligence plans.
Plumb, his team’s head of “AI enablement,” says he was so prolific in his use of Amazon’s new AI coding tool that ... (full story)


Yea or Nay?

Q. A company I'm invested in wants shareholders to approve it issuing more stock. Why would I support that? -- E.C., Brooklyn, New York
A. Those who oppose companies issuing more shares of stock worry about the value of existing shares being diluted.
To understand dilution, imagine that the Three-Legged Chair Company (ticke ... (full story)