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Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others By Andrew Cohen May 3, 2021 Fantasy sports app Underdog Fantasy has raised $10 million from a group of investors that includes Dallas Mavericks owner Mark Cuban, Brooklyn Nets star Kevin Durant, Detroit Lions quarterback Jared Goff, and ESPN’s Adam Schefter.   The round was led by angel investor Kevin Carter, who is an advisor at SV Angel, and included investments from music stars such… Source link

An unspecified minor injury to Nate Diaz has forced his fight against Leon Edwards to be rescheduled from UFC 262 on May 15 in Houston to UFC 263 on June 12 in Glendale, Arizona. (Photo by Steven Ryan/Getty Images) An unspecified minor injury to Nate Diaz has pushed his bout against Leon Edwards back a month, a source familiar with the UFC’s plans told Yahoo Sports on Monday. Diaz had been slated to fight the No. 3-ranked Edwards in a five-round welterweight bout at UFC 262 on May 15 in… Source link

AOL and Yahoo are being sold again, this time to a private equity firm. Wireless company Verizon will sell Verizon Media, which consists of the once-pioneering tech platforms, to Apollo Global Management in a $5 billion deal. Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo. Yahoo at the end of the last century was the face of the internet, preceding the behemoth tech platforms to follow, such as Google and… Source link

Bloomberg NYSE Eases Curbs; Australia’s Ban Backlash Grows: Virus Update (Bloomberg) — The New York Stock Exchange will allow more traders on the floor if they’re fully vaccinated. The confirmed number of cases in the U.S. rose at the slowest pace in the week ended Sunday since the pandemic began, according to data compiled by Johns Hopkins University and Bloomberg.In Asia, India’s data is awaited as Prime Minister Narendra Modi resists pressure to lock down. Vietnam’s capital Hanoi… Source link

Bloomberg U.K. On Course to Ease Lockdown; Denmark Drops J&J: Virus Update (Bloomberg) — U.K. Prime Minister Boris Johnson said the country is on course to scrap lockdown rules over the next seven weeks. Denmark will ease curbs this week and dropped Johnson & Johnson’s Covid-19 shot. Bavaria’s Oktoberfest festival was canceled, but free beer is available to New Jersey residents who get a vaccine.India was criticized for a “lack of leadership” by a former central bank chief, as Prime… Source link

Microsoft (MSFT) co-founder Bill Gates and his wife, Melinda, will separate after 27 years together, the billionaire announced on Monday, ending a marriage that launched an influential globe-spanning philanthropic and humanitarian empire.  Via Twitter, Gates — one of the world’s wealthiest men — said that he and his wife remain committed to their “mission” as philanthropists, but “we no longer believe we can grow together as a couple in this next phase of our lives.” The philanthropic… Source link

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A former financial regulator says the United States needs to step up its research into a central bank-issued digital currency, as the Federal Reserve explores the viability of a digital dollar. Christopher Giancarlo, who ran the Commodity Futures Trading Commission (CFTC) as its chairman from 2017 to 2019, is working with consulting firm Accenture on pilot programs that will test different use cases for a digital dollar in the United States. “What’s not being done, and what needs to be… Source link

Bloomberg Inflation Risk Intensifies With Supply Shortages Multiplying (Bloomberg) — Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up hereSigns of inflation are picking up, with a mounting number of consumer-facing companies warning in recent days that supply shortages and logistical logjams may force them to raise prices.Tight inventories of materials as varied as semiconductors, steel, lumber… Source link

Yahoo and AOL, kings of the early internet, saw their fortunes decline as Silicon Valley raced ahead to create new digital platforms. Google replaced Yahoo. AOL was supplanted by cable giants. Now they will become the property of private equity. Verizon, their current owner, agreed to sell them to Apollo Global Management in a deal worth $5 billion, the companies announced Monday. The business housing the two brands, Verizon Media, is to be renamed (yet again) to Yahoo (sans the brand’s… Source link