Kalshi sues Iowa officials claiming federal authority over prediction market contracts Suswati Basu A federally regulated prediction market is taking Iowa officials to court, arguing the state is threatening to crack down on trading activity that federal law already oversees. Kalshi, a New York–based derivatives exchange, filed a complaint in the U.S. District … Continue reading Kalshi sues Iowa officials claiming federal authority over prediction market contracts
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Oracle is the latest tech company slashing jobs over AI
March 12, 2026 Oracle is the latest tech company slashing jobs over AI BY Pavithra Mohan Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion deal with OpenAI last year … Continue reading Oracle is the latest tech company slashing jobs over AI
MLS issues lifetime bans to two former players over betting scandal
MLS issues lifetime bans to two former players over betting scandal Suswati Basu Major League Soccer has permanently banned two former players after investigators concluded they gambled on league matches and passed along insider details to other bettors. The league announced Monday (March 9) that Derrick Jones and Yaw Yeboah received lifetime suspensions … Continue reading MLS issues lifetime bans to two former players over betting scandal
The era of data dominance is over, and it didn’t last very long
Data was the new oil, but context is the new refinery. Because without a refinery, oil is just a smelly, toxic mess that often brings more harm than good. By Mike Pastore March 3, 2026 Around Q3 of last year, I started hearing the word “context” pop up in many of my conversations. … Continue reading The era of data dominance is over, and it didn’t last very long
Wynn Resorts faces federal class action over alleged massive data breach
Wynn Resorts faces federal class action over alleged massive data breach Suswati Basu One of Las Vegas’ biggest casino operators is now facing a sweeping federal class action after hackers claimed they made off with a massive trove of customer data. In a lawsuit filed in U.S. District Court in Las Vegas and … Continue reading Wynn Resorts faces federal class action over alleged massive data breach
Oregon class action lawsuit targets Kalshi over alleged illegal sports betting platform operations
Oregon class action lawsuit targets Kalshi over alleged illegal sports betting platform operations Suswati Basu Prediction market company Kalshi is now battling a string of class action lawsuits that accuse it of operating what amounts to unlicensed sports betting. The cases, filed in several states, argue that the company’s online trading platform crosses … Continue reading Oregon class action lawsuit targets Kalshi over alleged illegal sports betting platform operations
Ari Borod joins Polymarket after legal fight with Fanatics over noncompete
Ari Borod joins Polymarket after legal fight with Fanatics over noncompete Suswati Basu Aron Borod, also known as Ari, is now officially at Polymarket, and the once-sealed court fight over his departure from Fanatics is coming into sharper focus. On Thursday (February 19), Polymarket confirmed it had brought Borod on board as president … Continue reading Ari Borod joins Polymarket after legal fight with Fanatics over noncompete
Hollywood is freaking out over a viral AI video showing Brad Pitt and Tom Cruise fighting
February 19, 2026 Hollywood is freaking out over a viral AI video showing Brad Pitt and Tom Cruise fighting
Norway fines Norsk Tipping $105K over anti-money laundering failures
Norway fines Norsk Tipping $105K over anti-money laundering failures Suswati Basu Norway’s state gambling operator has been ordered to pay a NOK 1 million ($ 105,000) fine after regulators concluded it fell short of key anti-money laundering obligations. In a decision dated Thursday (February 12), the Norwegian Lottery Authority (Lottstift) said Norsk … Continue reading Norway fines Norsk Tipping $105K over anti-money laundering failures
Aspen is finally getting a second ski base village. It’s over 10 years in the making
February 16, 2026 Aspen is finally getting a second ski base village. It’s over 10 years in the making