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Mumbai police book 32 in Mahadev betting app under fraud and gambling
Mumbai police have registered a case against 32 people including the promoter of the Mahadev bettin…
ANI
Turns out sports gambling was a gateway drug
Sports gambling companies like DraftKings and FanDuel are expanding way beyond football and basketb…
Emily Stewart
Mahadev betting app case registered in Mumbai transferred to crime branch
An FIR registered here pertaining to alleged illegal gambling and cyber fraud worth Rs 15,000 crore…
PTI
Microsoft's reported $10 billion OpenAI bet is a gamble on the future of AI
Microsoft is said to be prepping a $10 billion investment in OpenAI, the creator of ChatGPT. It's a…
Matt Weinberger
After Chinese apps, the Indian government cracks down on Indian betting and quick loan apps—here’s why
The Indian government has banned 232 applications over concerns of data storage and money launderin…
Warren Buffett was eager to read Robinhood's IPO filing. The investing app's reliance on options trading won't have surprised him
The famed investor has accused Robinhood of encouraging users to gamble on stocks, speculate on opt…
Theron Mohamed
Google's Play Store now allows gambling and betting apps — but not in India
Google has allowed gambling and betting apps on its Play Store that will be available for users in …
This Uber Eats driver only accepts high-value orders in the hope of getting big tips. He says it's 'like gambling,' but 'very exciting.'
Brantley Bush, who drives a 2000 Subaru, told The New York Times he feels like food delivery driver…
Sam Tabahriti
A new invite-only iPhone app lets people gamble real money on matches of 'Call of Duty' and 'Fortnite'
The amount of the bet is decided. Two people then compete while streaming to Twitch, which allows o…
Natasha Dailey
Robinhood CEO says investing 'should be as ubiquitous as shopping online' and should not be viewed as gambling
"I reject the idea that investing in the US capital markets is gambling," Robinhood CEO Vlad Tenev …
Isabelle Lee
A 'frictionless' gold rush: How online sports betting swept the nation in less than 4 years
"It's men ages 22 to 50, white, college educated, have disposable income … That's who's betting," a…
Jake Lahut
Days after Charlie Munger called Robinhood 'a gambling parlor,' the free-trading app revealed options trading as its largest source of revenue
Robinhood generated 61% of its $720 million in 2020 revenue from options trading, according to its …
Matthew Fox
10 Things in Politics: McConnell's debt-ceiling gamble
And lawmakers are prepared to hold Mark Meadows in contempt.
Brent D. Griffiths
A food-delivery driver hunting for big tips says he declines 75% of orders and hangs out in wealthy areas: 'I'm not doing this to gamble. I'm doing this to make money.'
A Gen Zer earned up to $40 an hour as an Uber Eats and DoorDash driver in winter. He said he'll pic…
Jacob Zinkula
Investing apps like Robinhood aren't gambling tools that push new investors to make risky decisions. They're actually a great way to teach young people how to invest.
The best way to learn is by doing. Making investing more accessible helps level the playing field a…
Jennifer J. Schulp,Nicholas Anthony
Gambling helplines see nearly 50% surge in day trading-related calls as SEC probes 'gamification' of retail brokerages
Robinhood CEO Vlad Tenev has pushed back on gamification concerns: "Investing isn't a game, but mus…
Ethan Wu
Jake Paul wants to make the TikTok of gambling, but experts worry about the temptation of betting being just a swipe away
Betr has raised $50 million in funding, but combination of Paul's young fanbase and the compulsive …
Lindsay Dodgson
Kotak’s superapp for investments hopes to gain one million users by end of the year
Kotak Mahindra Bank today unveiled a new superapp for investments called Kotak Cherry. The new serv…
CMOs discuss the future of advertising
Business Insider's top advertising and media stories for January 22.
Lauren Johnson
Tampon 'turbulence' is causing Instacart's personal shoppers to struggle to find the item in stores
In a statement, Instacart's trend expert said the company's seeing "tampon turbulence" in the app d…