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Category Archives: Tech
Apple becomes a debt collector with its new developer agreement
Apple says it can now collect any money a developer owes the tech giant at any time.
Posted in Tech
Tagged TechCrunch
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TikTok signs agreement to create new U.S. joint venture, memo says
TikTok’s U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew.
Ho-Chunk Nation moves to block Kalshi from offering contracts during ongoing lawsuit
Due to the ongoing lawsuit, the Ho-Chunk Nation has moved to block Kalshi from offering sports contracts for the duration of the legal battle. According to legal documents shared by gaming lawyer Daniel Wallach, the Ho-Chunk Nation has moved for … Continue reading
Two women arrested for allegedly running a Sarasota gambling house
Two women have been arrested and charged with allegedly running an illegal gambling house in Sarasota. Two women, 48-year-old Kelly A. Mallia and 62-year-old Valerie A. Mallia, were taken into custody by the Sarasota Sheriff’s Department on December 16. The … Continue reading
Kalshi files to self-certify a contract that would allow users to be on college athletes
A new filing from Kalshi to self-certify a contract suggests that the prediction market could be planning to offer bets on college athletes. New filings submitted to the Commodity Futures Trading Commission (CFTC) by Kalshi on Tuesday, December 16, include … Continue reading
US Congressman raises concerns about Kalshi/CNN partnership in public letter
Congressman Abe Hamadeh has shared concerns about the partnership between Kalshi and CNN, highlighting “threats to market integrity, democratic stability, and American national security”. Congressman Abe Hamadeh wrote a letter to Acting Chairwoman of the Commodity Futures Trading Commission, Caroline … Continue reading
Paddy Power Betfair must pay £2 million fine after social responsibility failures
Four brands under the Flutter gambling arm will need to pay £2 million in fines after social responsibility failures were exposed. The UK Gambling Commission has handed down a £2 million fine to four remote operators trading under Paddy Power … Continue reading
Instacart to pay $60M to settle FTC claims it deceived consumers
The federal agency alleged Instacart misled consumers with unlawful tactics, causing them to pay higher fees while also denying refunds.
Posted in Tech
Tagged TechCrunch
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House passes bill to ease permits for building out AI infrastructure
The SPEED Act now heads to the Senate, which is in the early stages of its own permitting reform talks.
Instacart to pay $60 million to settle FTC claims it deceived customers
The federal agency alleged that Instacart used a number of deceptive tactics in its subscription signup and “satisfaction guarantee” advertising.