Tiger Global, Microsoft to fully exit Walmart-backed PhonePe via its IPO

Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority stake, and selling up to 45.9 million shares.

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Former Google trio is building an interactive AI-powered learning app for kids

Big tech companies and upcoming startups want to use generative AI to build software and hardware for kids. A lot of those experiences are limited to text or voice, and kids might not find that captivating. Three former Google employees want to get over that hurdle with their generative AI-powered interactive app, Sparkli. Sparkli was […]

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LastPass Warns of Phishing Campaign Targeting Its Customers

The campaign targets customers with urgent “maintenance” alerts designed to steal master passwords within hours.
The post LastPass Warns of Phishing Campaign Targeting Its Customers appeared first on TechRepublic.

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Social Media Addiction Lawsuit Moves Forward After Snap Reaches Settlement

Snap settled before jury selection in a landmark social media addiction case, while Meta, ByteDance, and YouTube still face trial over “addictive design.”
The post Social Media Addiction Lawsuit Moves Forward After Snap Reaches Settlement appeared first on TechRepublic.

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Trump wants Nvidia to sell powerful AI chips to Beijing. Washington’s China hawks are pushing back

U.S. President Donald Trump’s plan to approve Nvidia to ship some of its more powerful AI chips to China is ruffling the feathers of Washington’s China hawks.

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Ubisoft shares plummet 33% after Assassin’s Creed maker unveils reorganization, cancels six games

The games designer saw stock plunge on Thursday, following years of share price decline.

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OpenAI seeking investments from Middle East sovereign wealth funds for multibillion-dollar round

OpenAI CEO Sam Altman is in the United Arab Emirates to participate in investment talks as he tries to raise more money for his cash-burning startup.

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Bezos’ Blue Origin announces satellite rival to Musk’s Starlink

Blue Origin will be focused on businesses and governments, while Starlink also offers services to individual customers.

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BetMGM and St. Louis Blues embark on official sports betting partnership

BetMGM is now the official sports betting partner of the National Hockey League’s St Louis Blues in a new multi-year agreement.
The announcement of the new partnership between the St Louis Blues and BetMGM promises exclusive fan engagement opportunities for fans of the hockey team. Already, new signage and branding for BetMGM have been integrated into the Blues’ Enterprise Center for exposure during home games, with plans for more co-branded content on social media and future hospitality experiences.

@BetMGM announced today that we are now an Official Sports Betting Partner of the NHL’s @StLouisBlues, expanding our footprint in Missouri and unlocking new ways to engage with Blues fans across the state.
Key elements of the agreement include prominent BetMGM signage and… pic.twitter.com/ly6O4eSGl7
— BetMGM News (@BetMGMNews) January 20, 2026

“BetMGM has forged iconic partnerships that celebrate Missouri’s rich sports tradition, and welcoming the St. Louis Blues is an exciting milestone,” said Matt Prevost, Chief Revenue Officer at BetMGM. “With St. Louis native Jon Hamm as the face of our brand and a legendary franchise like the Blues as our partner, we’re creating unforgettable experiences for fans across the Show-Me State.”
The Blues Chief Revenue and Marketing Officer, Steve Chapman, made special mention of the gambling firm’s responsible gaming policies, coming after the company launched a fresh campaign about how to gamble safely at the end of last year.
“With their focus on promoting responsible gambling, we couldn’t imagine a partner that would better align with our interests than BetMGM,” said Chapman. “Through this new partnership, BetMGM holds a prominent place in our building and in everything we do to deliver a legendary experience for Blues fans wherever they engage with our brand.”
Prime time for BetMGM to expand its footprint
This latest partnership comes after the company had a booming financial year in 2025. The company is clearly looking to invest its money in sponsorships and relevant partnerships, confirming a push into the entertainment space with a podcast sponsorship in September 2025.
The gambling giant has also been raising its profile in its in-house marketing, featuring actor Jon Hamm in its latest batch of marketing materials in 2025.
Featured image: BetMGM
The post BetMGM and St. Louis Blues embark on official sports betting partnership appeared first on ReadWrite.

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New Hampshire contractor sentenced to up to 30 years for theft to support gambling activity

A New Hampshire contractor, 54-year-old Gerald Thibault, has been sentenced to up to 30 years for theft of funds to use in gambling activity.
Thibault was sentenced on January 20 by the Rockingham County Superior Court to between 10 and 30 years in the New Hampshire State Prison, after pleading guilty to 23 counts of Class A Felony Theft by Unauthorized Taking. The thefts took place across Rockingham and Strafford County, with Thibault using his position as the owner of Thibault’s Handyman & Renovation Service, LLC and TR-Roofing LLC to take advance payments for work he never completed.
An investigation found that Thibault stole over $1.5 million from 23 victims in advance payments for his renovation businesses, only to never go on to fulfil the work contracts he agreed to. Thibault went on to use the money taken from would-be customers to gamble, often shortly after receiving them. He also solicited such payments while actively gambling.
On eleven of the theft charges, Thibault was sentenced to between 7.5 and 15 years, with 2.5 years suspended from the minimum term for 20 years after he is released from prison. The remaining twelve theft charges gave Thibault a further sentence of between 7.5 and 15 years, once again with 2.5 years suspended from the minimum term for 20 years after he is released from prison. Those sentences are to be served consecutively, leading to a total time served of up to 30 years.
Further reparations for the thefts required
As well as the prison time, Thibault has been ordered to repay all 23 victims in full, for a total amount of $1,532,961.54. He is banned from gambling until this sum has been returned, and is not allowed to accept advance payments for goods and services or to contact the victims.

Stratham contractor stole millions, gets 10-30 years. Victims speak. https://t.co/L5NFKSej7z
— Seacoastonline.com (@seacoastonline) January 17, 2026

Stealing to fund gambling activity is far from a rare crime, with another person in Texas accused of stealing $680,000 from a former employer to solve out-of-control gambling debts.
Featured image: WMUR-TV
The post New Hampshire contractor sentenced to up to 30 years for theft to support gambling activity appeared first on ReadWrite.

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