Category Archives: Tech

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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.

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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

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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

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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

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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

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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

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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.

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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.

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Elon Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’

Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.

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Guys, I don’t think Tim Cook knows how to monetize AI

One intrepid Morgan Stanley analyst dared to ask how Apple will make money on its AI investments. The answer will not shock you.

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