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Author Archives: Techme101
Analysts downplay AI bubble worries as Altman says some investors will be left ‘very burnt’
Tech’s biggest names all raised capital expenditure guidance to keep pace with AI demand, with Microsoft, Amazon, Alphabet and Meta all set to spend big.
Intel shares jump as Softbank to buy $2bn stake in chip giant
The announcement comes hours after reports that the White House is in talks over taking a 10% stake in Intel.
SoftBank makes $2B investment in Intel
SoftBank will pay $23 per share for Intel common stock.
College basketball point shaving federal investigation moving toward indictments
The federal investigation into point shaving and game fixing in college basketball, led by the U.S. Attorney’s Office in the Eastern District of Pennsylvania (EDPA), is moving toward indictments. There is said to be a focus on “Southern schools,” but … Continue reading
Pakistani YouTuber Ducky Bhai arrested over alleged gambling endorsements
Prominent Pakistani YouTuber Ducky Bhai, real name Saadur Rehman, was detained by the National Cyber Crime Investigation Agency (NCCIA) at Lahore Airport on Sunday. A two-day remand was approved by the courts over the alleged promotion of online gambling and … Continue reading
NBA and Players Association willing to look into limiting player prop bets
The National Basketball Association (NBA) and the league’s players’ association have indicated they will support further restrictions on prop bets to reduce the risk of athlete manipulation and abuse from bettors. Speaking to ESPN, an NBA spokesperson said that: “Protecting … Continue reading
German regulator, GGL, shares quarterly revenue for first time
The German gambling regulator, Gemeinsame Glücksspielbehörde der Länder (GGL), has issued quarterly figures on gaming and betting stakes for the first time ever. August has been marked as beginning the process of sharing quarterly publications, with permitted providers giving the … Continue reading
Governor Murphy signs New Jersey sweepstakes ban into law
Governor Phil Murphy has signed a bill into law which prohibits the sweepstakes model of wagering in the state of New Jersey. It was signed into law on August 15, with the bill – named A-5447, having first been introduced … Continue reading
Intel is getting a $2 billion investment from SoftBank
SoftBank will pay $23 per share for Intel’s common stock, acquiring roughly 2% of the struggling chipmaker.
Allianz Life data breach affects 1.1 million customers
Data breach notification site Have I Been Pwned notified 1.1 million customers of a July data breach, a number not previously reported.
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Tagged TechCrunch
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