Monthly Archives: July 2025

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

PayPal topped Wall Street estimates for the quarter and raised full-year guidance, as CEO Alex Chriss pushes profitability over volume.

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Food delivery service Calo scores $39 million in Series B extension as it sets eyes on the UK

Calo acquired two meal kit companies in the UK and integrated their operations without laying off anyone.

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Aeva strikes lidar chip-making deal with LG subsidiary

LG Innotek, the components and materials subsidiary of South Korea’s LG Group, has struck a manufacturing partnership with Aeva Technologies, a developer of 4D LiDAR sensing systems.

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New Jersey lawmaker seeks to ban fast-paced micro betting wagers

New Jersey Assemblyman Dan Hutchison is pushing for a ban on one of the fastest-growing trends in sports gambling called micro betting. It comes as the state pushes for more stringent gambling regulation against unregulated operations. If Hutchison’s proposal, Bill … Continue reading

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BetMGM lifts 2025 forecast after surging first-half revenue

US sports-betting service BetMGM, a joint venture between Entain and MGM Resorts, just raised its full-year revenue and earnings forecast after delivering a strong performance in the first half of the year. The company reported a 35% jump in first-half … Continue reading

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PokerGO and PokerStars bring back iconic National Heads-Up Poker Championship

PokerGO and PokerStars have announced the revival of the National Heads-Up Poker Championship, a fan-favorite tournament making its comeback after more than a decade. The event, known for intense one-on-one poker action, will feature a $25,000 buy-in and an impressive … Continue reading

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Guardians closer Emmanuel Clase placed on paid leave amid MLB betting probe

Guardians closer Emmanuel Clase has been put on paid leave until August 31 while Major League Baseball continues looking into a sports betting investigation, the league said in a statement on Monday (July 28). In a press release, the MLB … Continue reading

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EE to launch phone plans which restrict internet for teens

UK mobile network operators are already required to ensure only adults can access adult content while using their network.

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The Real Demon Inside ChatGPT

AI chatbots strip language of its historical and cultural context. Sometimes what looks like a satanic bloodletting ritual may actually be lifted from Warhammer 40,000.

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Samsung backs South Korean AI chip startup Rebellions ahead of IPO

Rebellions has been working with Samsung to bring its second-generation artificial intelligence chip, called Rebel, to market.

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