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Author Archives: Techme101
CNBC Daily Open: We’ll soon find out who the new Fed chair is
Former Fed Governor Kevin Warsh is by far the favorite, according to prediction market Kalshi.
CNBC Daily Open: iPhone drove Apple’s robust earnings — but investors weren’t too enthused
Apple reported a 16% year-on-year jump in its fiscal first-quarter revenue on “staggering” iPhone demand, topping market estimates.
How Sequoia-backed Ethos reached the public market while rivals fell short
The profitable life-insurance platform was one of the first major tech companies to test the 2026 public markets.
Posted in Tech
Tagged TechCrunch
Comments Off on How Sequoia-backed Ethos reached the public market while rivals fell short
FanDuel and DraftKings prediction markets could offer Super Bowl parlays, as CME issues self-certification
With the Super Bowl looming, FanDuel and DraftKings prediction markets could potentially be introducing parlays for the event following a self-certification contract with the CFTC. The CME Group, which partners with the two industry giants, has self-certified a multi-leg football … Continue reading
Oxford Casino takes Maine to court over allowing tribes to operate iGaming
The Oxford Casino, based in Maine, has filed a federal lawsuit which challenges “efforts to grant a monopoly on online casino-style gambling (“iGaming”) to four specially selected Indian Tribes.” This comes after Governor Mills, of the State of Maine, announced … Continue reading
Austrian Supreme Court rules that loot boxes do not constitute gambling
The Austrian Supreme Court has ruled that loot boxes present within video games do not constitute gambling under their gambling laws. This comes after a player attempted to reclaim nearly €20,000 ($24,000) spent on in-game purchases in a football video … Continue reading
FBI seeking Michael Lizaso Marasigan for illegal gambling and fraud
The FBI are seeking Michael Lizaso Marasigan in connection with alleged illegal gambling activities and related financial crimes, and have placed him on the most wanted list. He is wanted for violations of his pretrial release, according to his profile … Continue reading
Billions in tax revenue would be generated by expanding sports betting legalization
Billions of tax revenue would be generated if all 50 states in the US made sports betting legal, a report by the Tax Foundation claims. If all states established statewide gambling markets, the Tax Foundation estimates that gross gaming revenue … Continue reading
What’s next for Apple stock after big iPhone sales everywhere, even China
A blowout holiday quarter and a strong revenue guide for the current March quarter suggest that Apple’s strong iPhone cycle will continue.
Apple can’t secure enough chips as iPhone demand surges, memory prices rise
Apple on Thursday said iPhone sales in the March quarter could be even better than the company’s forecast if it could secure enough chips to meet demand.