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DraftKings and MLB union “close” to deal on player likeness suit
It appears a resolution is on the horizon for the ongoing legal fight between the Major League Baseball union groups and DraftKings. The issue stems from DraftKings using the likenesses and images of ...
UK’s National Lottery to temporarily shut down for major tech updates
The National Lottery in the UK will shut down this weekend to put through its biggest tech update in decades. National Lottery draw game sales and all prize claims will be temporarily paused in shops,...
MGM Resorts reports highest ever revenue in second quarter of 2025
MGM Resorts has shared its financial results for the second quarter of 2025, reporting a record-breaking high for revenue. The global entertainment and resorts brand has reported net revenues of $4.4 ...
Meta to spend up to $72B on AI infrastructure in 2025
Meta Platforms is significantly increasing its investment in artificial intelligence infrastructure, encompassing data centers and servers, as revealed in its second-quarter earnings report. The compa...
Meta may close future models over superintelligence risks
Meta CEO Mark Zuckerberg on Wednesday unveiled his vision for “personal superintelligence,” defining it as AI designed to help individuals achieve their unique goals. This announcement contained h...
GitHub Copilot now has over 20 million users
Microsoft CEO Satya Nadella announced on Wednesday’s earnings call that GitHub Copilot has surpassed 20 million all-time users. This AI coding tool, owned by Microsoft’s GitHub, marks a significan...
Michigan gambling watchdog shuts down six illegal operators
Six unlicensed online casinos have been issued cease-and-desist orders from the Michigan Gaming Control Board (MGCB). The sites in question were found to be in violation of the Lawful Internet Gaming ...
Conversational AI Could Win Back 72% of Bank Customers
As banks face shrinking margins and fierce competition from FinTech startups, a surprising new asset is emerging: conversation.  [contact-form-7] Artificial intelligence (AI)-driven convers...
Robinhood Profit Doubles as Options, Crypto Trading Fuel 45% Revenue Jump
Robinhood Markets reported second-quarter revenue of $989 million, a 45% jump from a year earlier and ahead of the $908 million analysts expected...
Embedded B2B Payments: The Next Frontier in AP Digitization
Business-to-business (B2B) payments are entering a groundbreaking era. Once a manual and fragmented process, payments ar...
Newswire > Tag: revenue
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