Blackrock-backed Minute Media acquires Indian AI startup that extracts sports highlights
VideoVerse is an Indian AI startup that lets broadcasters extract highlights and create content from sports footage.
California sweepstakes ban bill heads to Senate vote amid tribal opposition
California’s bill to ban sweepstakes casinos has made it through to a Senate vote, even as tribal opposition ramps up. The Senate Appropriations Committee voted to remove Assembly Bill 831 from the suspense file and
Robinhood soars past Caesars, joining S&P 500 after crypto surge
Robinhood Markets is about to join the S&P 500 after reaching profitability and hitting a record stock price thanks to the boom in cryptocurrencies. At the same time, Caesars Entertainment is being dropped from
Playtech launches retail sports betting across MSC Cruises’ global fleet
Playtech has rolled out retail sports betting across the MSC Cruises fleet, making its move into the cruise leisure market through a partnership that began earlier this year. This comes as the company decided to
OpenAI denies that it’s weighing a ‘last-ditch’ California exit amid regulatory pressure over its restructuring
OpenAI executives are discussing a potential relocation out of California as increasing political resistance threatens the company’s efforts to convert from nonprofit to for-profit status, according to The
ReOrbit lands record funding to take on Musk’s Starlink from Europe
Finnish startup ReOrbit, has raised a record €45 million Series A for the country to offer “sovereign” satellites.
Nepal reverses social media ban as protests turn deadly
Nepal has reversed its social media ban following nationwide “Gen Z” protests and public backlash.
Snap breaks into ‘startup squads’ as ad revenue stalls
CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to regain agility against larger competitors.
Intel’s chief executive of products departs among other leadership changes
Intel also announced the creation of a central engineering group that will build custom chips for outside customers.
Netskope follows Rubrik as a rare cybersecurity IPO, both backed by Lightspeed
The 13-year-old company could be valued up to $6.5, with Lightspeed’s stake worth $1.1 billion.