Bipartisan POINTS Act targets gambling addiction funding

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A group of Republican and Democratic lawmakers in the U.S. House has rolled out new legislation designed to expand prevention, treatment and recovery services for people struggling with gambling addiction. The proposal is said to be one of the most significant federal attempts in more than a decade to address the growing public health concerns […]


Novig pulls in $75M Series B funding, as it seeks federal approval

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Novig has pulled in $75 million in fresh funding as it works to grow its sports trading platform and secure a clearer path to federal oversight. The Series B round was led by Pantera Capital, with Multicoin Capital, Makers Fund and Edge Equity joining in. Existing investors Forerunner, Perceptive Ventures and NFX also participated. With […]


AI reference errors cloud gambling education funding bid

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An independent senator in Australia, David Pocock, has raised concerns about a gambling education funding report sent to politicians from a University of Sydney-based institute, as he says it “appears to have just been written by AI.” The report aimed to garner support for a $20 million funding request for gambling education, with the document […]


Skims hits $5 billion valuation after funding round led by Goldman

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Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California.  Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion […]


AI startup Code Metal raises $36 million in funding round led by Accel

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Code Metal co-founders (L-R): SVP of technology Alex Showalter-Bucher, and CEO Peter Morales Courtesy Code Metal Inc. Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development. Now he’s got $36.5 million in the […]


Oracle, Amazon, Lockheed Martin quietly funding Trump’s military parade

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President Trump’s military parade this weekend is expected to be a costly display of pomp and circumstance – and it’s being bankrolled by some major Big Tech giants.  Oracle, Lockheed Martin, Palantir, Coinbase and Amazon have recently donated to America250, the nonprofit raising funds for the nation’s semiquincentennial anniversary, the organization said. “Many of these […]


NPR and PBS Vow to Fight Trump’s Order to Cut Funding

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President Trump’s executive order to defund NPR and PBS was met with fiery pushback on Friday, as the organizations challenged the legality of the move and said it could jeopardize access to vital information. The order issued late Thursday instructed the Corporation for Public Broadcasting, which receives and distributes over $500 million in taxpayer money […]


Federal funding cuts raise questions about university endowments

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Columbia University Education Images | Getty Images In early March, the Trump administration canceled $400 million in grants and contracts to Columbia University over its handling of pro-Palestinian protests last year. The federal government sent the university a list of demands, such as suspending or expelling students who participated in the demonstrations. Columbia agreed to […]


Trust & Will raises $25 million in funding round, UBS invests

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Trust & Will founders, Cody Barbo (CEO), Brian Lamb, and Daniel Goldstein. Courtesy: Trust & Will Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round. The San Diego-based firm, ranked No. 41 on last year’s CNBC Disruptor 50 list, has now raised $75 million to date. Trust & Will […]


Crypto gets quick return on Trump investment after funding campaign

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FRANCE – 2025/01/20: In this photo illustration, Trump Meme , Trump the Crypto president, is seen displayed on a smartphone screen. (Photo Illustration by Romain Doucelin/SOPA Images/LightRocket via Getty Images) Romain Doucelin | Getty Images Crypto executives, companies and investors are getting an early return on their investment in Donald Trump. After pouring tens of […]