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SevenRooms CEO on New Reservation Organizing Platform

Joel Montaniel, Co-Founder and CEO of SevenRooms, discussed the company's new platform, Channel Connect, which aims to simplify reservation management for restaurants by consolidating bookings from multiple channels into a single system. Unlike the hotel industry, where centralized booking systems are common, restaurants currently manage reservations across various apps and platforms, often using multiple devices, creating operational challenges. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

Companies Move to Secure Data as AI Increases Security Risks

Michael Cardaci, CEO of FedHIVE said that the government is moving 'faster than its ever moved before' to secure data and make sure that US computing companies are compliant in case of national security risks as AI use ramps up. Cardaci said that the US government is focused on keeping US technology inside of its borders as the race for global AI dominance heats up.

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Bloomberg

Fmr. Disney Exec: Media Consolidating Around New Model

Kevin Mayer, former Walt Disney Direct-to-Consumer & International Chair, discusses Fox's recent $22 billion acquisition of Roku, highlighting a significant strategic move from traditional media towards streaming. Fox, which previously lacked a major streaming platform, aims to strengthen its position by integrating Roku's streaming service alongside its existing ad-supported streamer, Tubi. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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