Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Amazon CEO, Drake invests: Sports media startup raises $80 million

Published

on

If you don’t know what an NFT is yet you need to catch up!

Sports media startup Overtime has raised $80 million in Series C funding through huge name investors including Amazon’s Jeff Bezos, music star Drake, and more than 25 NBA players.

Overtime Elite is a transformative new sports league that offers the world’s most talented young basketball players a better pathway to becoming professional athletes.

It also allows them to engage and inspire a new generation of digitally native fans.

Overtime says its new funding will go toward developing NFTs, trading cards, and sports betting content.

“Overtime has built an unrivalled brand and global community from scratch in just five years. This fundraise reflects the incredible growth opportunities associated with such a market leading position, including the opportunity to bring Overtime Elite into the world,”

said Michael Spirito, a partner at investment firm Sapphire Sport, who led the funding round.

Overtime has now raised a total of $140 million since being founded in 2016.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Who was Turning Point USA founder Charlie Kirk?

Conservative activist Charlie Kirk assassinated at Utah university, leaving a significant void in U.S. conservative politics. #BreakingNews

Published

on

Conservative activist Charlie Kirk assassinated at Utah university, leaving a significant void in U.S. conservative politics. #BreakingNews


Conservative activist Charlie Kirk has been assassinated while speaking at a Utah university, sparking shock and grief across America.

Known as the founder of Turning Point USA, Kirk became a leading voice in the MAGA movement, shaping conservative youth politics and energising Donald Trump’s base.

His sudden death leaves a major void in the U.S. conservative landscape.

#CharlieKirk #TurningPointUSA #USPolitics #BreakingNews #TickerNews


Download the Ticker app

Continue Reading

News

Oracle stock surges, pushing Ellison toward richest title

Oracle shares soar 43%, pushing Larry Ellison closer to top billionaire status amid AI cloud contract boom

Published

on

Oracle shares soar 43%, pushing Larry Ellison closer to top billionaire status amid AI cloud contract boom

video
play-sharp-fill
In Short:
– Oracle shares rose 43% to $345.69, nearing a trillion-dollar valuation after multi-billion-dollar contracts were announced.
– Co-founder Larry Ellison’s net worth increased to $392.6 billion, making him a contender for the world’s richest person.
Oracle shares surged 43% to a record high of $345.69, putting the company close to joining the trillion-dollar club.
This spike follows the announcement of four multi-billion-dollar contracts on Tuesday, indicating a shift towards increased computing capacity necessary for AI development.Banner

The surge boosts co-founder Larry Ellison’s net worth to approximately $392.6 billion, making him a contender for the world’s richest person, currently held by Elon Musk at $439.9 billion.

Oracle expects to see a market valuation around $913 billion if gains hold, contributing an additional $234 billion.

Market Dynamics

Oracle’s significant contracts include one with OpenAI for about $300 billion in computing power over five years.

The partnership is critical as Oracle aims to expand its market share, currently dominated by Microsoft, Amazon, and Google, which collectively hold 65%.

The company also supports AI startups, including xAI, founded by Musk, affirming its essential role in upcoming large-scale AI infrastructure projects, projected to reach $500 billion.


Download the Ticker app

Continue Reading

News

Charlie Kirk has died following shooting at Utah university

Charlie Kirk shot during speech at Utah Valley University as law enforcement investigates the incident

Published

on

Charlie Kirk shot during speech at Utah Valley University as law enforcement investigates the incident

video
play-sharp-fill
In Short:
– Charlie Kirk, conservative commentator, was shot during a speech at Utah Valley University on Wednesday.
– Authorities are investigating the incident, with the community showing strong support for Kirk.

Charlie Kirk, a prominent conservative commentator, has died after he was shot while speaking at Utah Valley University on Wednesday.

The incident occurred around noon local time, with video footage circulating on social media showing the moment shots were fired.Kirk is the founder and CEO of Turning Point USA, a significant conservative youth organisation active across 3,500 college campuses.

He has been influential on the right and is known for his podcast and “Prove Me Wrong” debates.

Banner

Kirk, 31, also played a key role in Donald Trump’s outreach to young voters during the 2024 election.

The university, located in Orem, Utah, is home to over 46,000 students, making it the largest in the state.

Ongoing Updates

Authorities are actively investigating the shooting, and further developments are expected.

Community response has been strong, with calls for prayers and support for Kirk following the incident.


Download the Ticker app

Continue Reading

Trending Now