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Your email address will not be published.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

Technological terror: China reveals uncanny AI romance film

Published

on

As competition intensifies in the streaming landscape, with players like Roku, Vizio, and Samsung launching their ad-supported platforms, TCL aims to carve its niche by offering compelling original content.

TCL, the renowned Chinese smart-TV manufacturer, announces its innovative use of generative artificial intelligence to produce original content for its streaming platform, TCLtvPlus.

Debuting this summer, “Next Stop Paris,” an AI-driven love story, marks the inaugural program from TCLtvPlus Studios

Continue Reading

News

Grindr application cruises into court over privacy concerns

Published

on

Grindr faces lawsuit over alleged privacy breaches

Grindr, the popular gay dating app, is under fire in London as hundreds of users claim their private information, including HIV status, was shared without consent. The lawsuit alleges commercial use of sensitive data, sparking concern within the LGBTQ+ community. Grindr vows to defend its practices while emphasising its commitment to user privacy and compliance with data regulations.

 

Continue Reading

News

The TikTok ban was just passed by the House. What could happen next?

Published

on

Washington D.C. has been under pressure to ban the popular Chinese-owned social media app TikTok.

TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the U.S.

Calls are growing louder from many lawmakers and national security hawks to ban TikTok, over fears the app could censure content, influence users, and give Americans’ personal data to Beijing.

But the Chinese tech company, ByteDance—which owns TikTok— denies the allegations.

Dave Levinthal, the Editor-in-Chief of Raw Story joins Veronica Dudo to discuss.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now