businessThursday, July 16, 2026
Hollywood is having its hottest summer since COVID, with ticket sales up 10% and a slate of hits. But the business headlines today are more mixed: Elon Musk lost his trillionaire status, and a new report shows how AI is displacing older workers. There's also a fascinating look at where YC founders end up, and a warning about old CPUs in new laptops.
The entertainment business is booming, but tech's giants are facing headwinds.
Domestic box office is up 10% from 2025, and the summer season is the hottest since COVID. Hits like Obsession and The Super Mario Galaxy Movie are driving it, but costly misfires like Moana and Masters of the Universe show the risk.
Newzoo predicts GTA 6 could earn $3.3 billion to $5.2 billion in its first week. That would shatter GTA 5's record of $1 billion in 72 hours, making it the biggest entertainment launch in history.
Elon Musk is no longer a trillionaire as SpaceX stock deflates, and Wisconsin officials want him investigated for alleged election bribery. The story also notes a global market selloff driven by Asian markets.
Two stories today trace the human cost of AI, from founders moving to the big labs to older workers being pushed out.
A data visualization tracks 105 YC founders who went to OpenAI (70) or Anthropic (35). It's a stark illustration of where top startup talent is flowing in AI.
A 57-year-old professional lost his job to AI tools and is now considering early Social Security. The piece highlights how older workers are disproportionately affected by AI-driven displacement.
Chipmaking is surging, but a trend in laptops could leave consumers in the dark.
ASML raised its guidance thanks to strong demand for chipmaking machines in both DRAM and advanced logic. It's a sign that the semiconductor boom is far from over.
Laptop makers are using old CPUs in new models without clear disclosure. The author argues this makes it hard for shoppers to know what they're buying and whether the price is fair.
China’s EV pirate ship is coming for Western carmakerswww.politico.eu
Deep learning in business analytics and operations research: Models, applications and managerial implicationsideas.repec.org
Trump promoted companies on Truth Social days after buying their stocksedition.cnn.com
AI in B2B Marketing: 2025 Statistics Every CMO Needs to Knowlttr.ai
Tesla (TSLA) shareholders are begging Musk to explain missed goalselectrek.co
Introducing Grok on Amazon Bedrock | Amazon Web Servicesaws.amazon.comExtreme Heat, Extreme Costs: How Danger Season Exacerbates the Affordability Crisisblog.ucs.org
This article examines how extreme heat during "Danger Season" (May-October) is exacerbating the affordability crisis for US households. It highlights the collision between rising temperatures driving up electricity demand and cooling costs, and the financial strain on low-income
FCC Officials Took Pricey Gifts From Paramount as the Company Needed Approval for Billion-Dollar Dealswww.propublica.org
ProPublica reports that FCC officials, including Chair Brendan Carr, accepted expensive gifts (tickets worth at least $63,000) from Paramount/CBS while the company had major regulatory deals pending before the FCC. The Kennedy Center honors gala tickets were among the gifts, and
India's Maruti to Fight Order to Replace Car Over Ethanol Damagefinancialpost.com
Maruti Suzuki India Ltd., the country's largest carmaker, is challenging a consumer court order that requires it to replace a vehicle allegedly damaged by ethanol-blended fuel. The case centers on whether ethanol-blended petrol caused engine damage to a customer's car, and Maruti
Runta raises seed for AI agent computewww.startuphub.ai
Runta has raised a seed funding round led by a16z to build a specialized compute execution layer for AI agents. The company aims to address the growing shortage of CPU resources driven by the AI agent boom, which has exposed the inadequacy of existing compute infrastructure. The
Trump promoted companies on Truth Social days after buying their stockswww.cnn.com
A CNN investigation reveals that President Donald Trump promoted more than 20 companies on his Truth Social account within days of purchasing stock in those firms. The article details specific instances, including Trump's April 2025 post touting Nvidia's AI supercomputer plans wi
Save Nearly 60% on Editor-Tested Gear and Outerwear During Huckberry’s Massive Summer Salewww.popularmechanics.com
Huckberry's annual summer sale is running through July 21, offering up to 55% off editor-tested gear, outerwear, and apparel from its in-house brands including Flint and Tinder, Proof, and Wills. The sale covers a wide range of products from rugged outdoor gear to style-forward c
Hashgraph Online: Open standards powering the emerging agentic economy | Hederahedera.com
Hashgraph Online (HOL) is an open-source consortium building standards, SDKs, and tooling to enable AI agents to identify, discover, verify, and communicate across Web2 and Web3. Anchored on Hedera Consensus Service, HOL addresses the lack of shared foundations for AI agent ident
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