A sports tech startup lost millions — then made it big. Here’s how its millennial founders staged a comeback
Dream Sports is reportedly one of the rare unicorns in India making a profit. Harsh Jain and Bhavit Sheth say their company has been in the green since 2020.
China is about to get tougher on deepfakes in an unprecedented way. Here’s what the rules mean
In January, China will introduce first-of-its-kind regulation around “deepfakes” as Beijing ramps up its control over internet content.
Asia markets fall as Japan’s core inflation marks highest in over 40 years
Asia-Pacific shares traded lower, following Wall Street’s losses as investors looked ahead to some economic data in the region.
Tech fund manager backs these 2 software stocks will outperform in a recession
Jeremy Gleeson, who manages a $1.5 billion tech fund, thinks two Silicon Valley giants are set to outperform.
Buying Peloton and similar growth stocks is ‘absolute nonsense,’ says strategist
Peter Toogood said high-growth tech stocks were also unlikely to rebound after a Fed “pivot.”
S&P 500 opens lower, heads for third-straight down week
Stocks fell Friday as traders struggled to recover some of the ground lost in the previous session.
They launched a fantasy sports company at 22. It’s now worth $8 billion
Harsh Jain and Bhavit Sheth are founders of Dream Sports, a sports tech firm from India that owns one of the biggest fantasy gaming platforms in the country — Dream11. CNBC Make It’s Goh Chiew Tong spoke to the duo to find out how they pioneered an ind…
Google tells employees more of them will be at risk for low performance ratings next year
Google has released new details of its performance system overhaul internally, and it shows employees will more easily fall into lower-rated categories.
FTX founder Sam Bankman-Fried to be released on $250 million bail, will live with his parents
Former FTX CEO Sam Bankman-Fried will be released on $250 million bail, a federal judge said, as part of a deal between defense attorneys and prosecutors.
Tesla shares slid nearly 9% on demand concerns, Elon Musk’s Twitter distraction
Tesla shares slid over 9.5% at session lows as investors digested expanded discount offerings and further distractions from CEO Elon Musk’s Twitter acquisition.
