Author Archives: Techme101

China’s Baidu sees shares soar 12% as company secures major AI partnership, eyes fresh capital

Chinese tech giant Baidu saw its shares jump over 12% amid signs the company is ramping up its artificial intelligence plans and partnerships.

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Amazon CEO Jassy says company is reducing bureaucracy, which is ‘anathema’ to innovation

Amazon CEO Andy Jassy said he’s working to root out bureaucracy from within the company’s ranks as part of an effort to reset its culture.

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Groww, backed by Satya Nadella, set to become first Indian startup to go public after U.S.-to-India move

Groww’s listing — expected later this year — is set to double as a major cash-out moment for global venture funds.

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StubHub to price IPO at $23.50, valuing company at $8.6 billion

StubHub is poised to hit the public market after twice delaying its IPO, most recently due to market volatility following President Trump’s sweeping tariffs.

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Al Gore on China’s climate rise: ‘I would not have seen this coming’

Al Gore and Lila Preston of Generation Investment Management talked with TechCrunch about recent headlines, including the tech industry’s growing appetite for rare earth minerals, how the AI boom’s demand for massive data centers could impact global energy consumption, and … Continue reading

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Sleeper accuses CFTC of “illegal delay” to prediction markets application

Sleeper Markets LLC, the entity operator of the popular fantasy sports app Sleeper, has publicly accused the U.S. Commodity Futures Trading Commission (CFTC) of an “illegal delay” on its application to register as a Futures Commission Merchant (FCM). This registration … Continue reading

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Philippines Senate warns Meta after gambling inquiry no-show

In a heated Philippines Senate hearing on Tuesday, the Committee on Games and Amusement issued a show-cause order against Meta for failing to send representatives to a critical inquiry into the rise of illegal online gambling on social media platforms.  … Continue reading

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Louisiana chiropractor used $2.3M healthcare and insurance fraud to fund gambling habit

A Louisiana chiropractor was sentenced to seven years in prison due to an elaborate fraud scheme involving the manipulation of health care and insurance systems, in order to fund his gambling habit. Benjamin Tekippe, 40, from New Orleans, was held … Continue reading

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IBJR launches tool that checks in seconds whether betting site is regulated

The Brazilian Institute of Responsible Gambling (IBJR) has launched a new website that can check if a betting website is regulated within seconds. The all-new interactive component is part of the ‘No More Elephant in the Room’ campaign, which was … Continue reading

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TheLotter goes live with new site in Arizona, with more states to follow

The lottery company TheLotter has launched a new website in the states of Minnesota and Arizona, with the all-new platform aiming to make participating in lottery games easier. It initially went live back on August 4 in Minnesota, with the … Continue reading

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