Month: March 2024

Nostalgic movie theater chain, Alamo Drafthouse, is reportedly shopping for a buyer. According to Variety citing two anonymous sources, the Texas-based chain has approached “several Hollywood studios” to possibly purchase the company. Alamo Drafthouse is popular among moviegoers for being one of the first chains to offer in-theater dining while watching a movie, offering local
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Opinions expressed by Entrepreneur contributors are their own. Unlock the full potential of AI for your business with this ultimate 7-step ChatGPT prompt formula. It’s the key to driving unprecedented productivity and soaring profitability with ease. Are you fully utilizing AI to drive your productivity and profits yet? Download the free “AI Success Kit” (limited
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Opinions expressed by Entrepreneur contributors are their own. Additional reporting by Sherin Shibu. The collapse of Sam Bankman-Fried’s FTX crypto empire was not only felt by those deep in the crypto community — some big-name entrepreneurs and celebrities lost a lot of money, too. Although SBF allegedly led investors to believe he could bring them
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This role originally appeared on Business Insider. UPS last December eliminated the role of the chief marketing officer, replacing it with a chief commercial and strategy officer who would oversee product management and business transformation. The news fueled articles and thought pieces on the demise of the CMO. The topic stokes big feelings and industry
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Karlie Kloss, founder of Kode with Klossy and 40-time Vogue cover model, and husband Joshua Kushner, managing partner of venture capital firm Thrive Global, are joining forces to revive Life Magazine about 16 years after its last print issue. Kloss is CEO of Bedford Media, a new media holding company that will take charge of
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In a recently released research document, Oxfam stated that major United States companies contribute to global inequality. The charity said, “The largest US corporations have been driving the inequality crisis, actively concentrating power and money in the hands of wealthy CEOs and shareholders while limiting the power of workers, influencing our politics, avoiding taxes, and
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About 5.5 million high-net-worth people call the U.S. home — and they represent 37% of the world’s millionaires. A 2024 USA Wealth Report, published by global wealth advisory firm Henley & Partners in partnership with New World Wealth, establishes exactly where money is concentrated in America by ranking the country’s wealthiest cities. The report breaks
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Fisker, the California-based automotive electric vehicle (EV) start-up, has encountered a twist in its finance share saga. An unnamed automotive company has stepped out of major share talks, leaving the company’s future unknown. Fisker’s share talks collapse Fisker’s Newsroom released a statement last week, stating the company “is in continuing negotiations with a large automaker
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Real estate brokerage Compass agreed to pay $57.5 million in class-action lawsuit settlements from U.S. home sellers on Friday. The antitrust lawsuits allege that the company conspired with other brokerages and trade groups to overcharge home sellers by billions of dollars. According to the Associated Press, the plaintiffs claim that real estate brokers have been
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Opinions expressed by Entrepreneur contributors are their own. Targeted digital advertising is entering a new era, driven by the rise of artificial intelligence (AI). Since marketers apply advanced algorithms to consumer data, they can deliver hyper-personalized promotions with unparalleled precision. However, this transformation also raises pressing questions about ethics, transparency and establishing trust with customers.
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Tennessee became the first U.S. state to protect musicians from AI that could clone and manipulate their voices, creating deepfakes, without permission. Tennessee Governor Bill Lee signed the Ensuring Likeness Voice and Image Security (ELVIS) Act into law on Thursday, adding the unauthorized use of a person’s voice to Tennessee’s list of protected rights. The
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Pressures on major mergers and acquisitions could collapse blockbuster Capital One-Discover deal. Mergers and acquisitions (M&A) are an integral part of investment banking infrastructure, but pressure on major moves could cost prospective business ventures at the highest level. Capital One and Discover’s blockbuster banking deal is one such merger that faces intense pressure from advocacy
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Elon Musk’s brain tech startup Neuralink, which develops brain implants for people with physical disabilities to control computers with their thoughts, livestreamed a video on Wednesday showing the first-ever user doing several tasks with his mind. Noland Arbaugh, 29, a former Texas A&M University athlete, was paralyzed in a diving accident in 2016 and has
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The Royal Family and Buckingham Palace have been in the middle of a public relations disaster over the last few weeks due to the speculation surrounding Kate Middleton — from her being “missing” to official accounts releasing edited photos. On January 17, Kensington Palace released a statement claiming that Middleton had undergone a successful abdominal
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In the vast landscape of human interaction, one experience binds us together, regardless of our cultural, linguistic, or geographical differences. It’s the act of saying goodbye. This simple yet profound ritual marks the end of an encounter, a conversation, or a relationship. This remarkable encounter we participate in regularly takes place everywhere, whether you are
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Opinions expressed by Entrepreneur contributors are their own. Business-minded entrepreneurs are focused on one path to success: establishing a business and achieving sustainable growth. While the direction is clear and the mission is straightforward, the path is full of challenges and missteps — but more importantly, there are opportunities. More often than not, the path
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