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Category Archives: Tech
Sweepstakes casino MyPrize secures $21M funding round, set to surpass $100 million annual revenue
MyPrize announced Thursday, July 31, that it has successfully closed a $21 million funding round, bringing the company’s valuation cap to an impressive $250 million. Led by existing backers Dragonfly and Boxcars Ventures, along with contributions from major family offices, … Continue reading
AGA research indicates users consider sweepstakes as gambling
New research from the American Gaming Association (AGA) has revealed that consumers knowingly use online sweepstakes casinos for gambling, with the platforms exploiting legal loopholes to deliberately target players in key states. This action undermines the regulated gaming industry, prompting … Continue reading
Boyd Gaming completes sale of FanDuel holding to Flutter
Boyd Gaming has confirmed the completion of the previously announced agreement to sell its 5% equity share in FanDuel to Flutter. The transaction, worth $1.75 billion, means Flutter now has full ownership of the prominent US sports betting brand. Despite … Continue reading
Venture firm CRV raises $750M, downsizing after returning capital to investors
The 55-year-old VC firm announced its twentieth fund.
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Kleiner Perkins is having a very good week
With two IPOs this week alone, Kleiner Perkins partner Mamoon Hamid has reason to celebrate.
A backlog at the Commerce Department is reportedly stalling Nvidia’s H20 chip licenses
News of a backlog at the U.S. federal department comes less than a week after national security experts urged the Trump administration to reverse its decision that allows Nvidia to export H20 chips to China.
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Tesla partly liable in Florida Autopilot trial, jury awards $329M in damages
The jury verdict is one of the first major legal decisions about driver assistance technology that has gone against Tesla. Both Elon Musk and Tesla have spent years making claims about Autopilot’s capabilities.
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Tesla must pay $329 million in damages after fatal Autopilot crash, jury says
A jury in Florida determined that Tesla should be held partly liable for a fatal 2019 crash involving its Autopilot technology.
Tesla partly liable in Florida Autopilot trial, jury awards $200M punitive damages
The jury verdict is one of the first major legal decisions about driver assistance technology that has gone against Tesla. Both Elon Musk and Tesla have spent years making claims about Autopilot’s capabilities.
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Google bets on STAN, an Indian social gaming platform
Google has backed STAN, an Indian social gaming mobile platform that connects gamers with creators, communities, and publishers.
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