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DraftKings Profit Misses, Buys Lottery App for $750 Million

DraftKings reported fourth-quarter sales and profit that missed analysts’ projections and announced it would buy the lottery app Jackpocket for $750 million in cash and stock. DraftKings CEO Jason Robins joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

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DraftKings reported fourth-quarter sales and profit that missed analysts’ projections and announced it would buy the lottery app Jackpocket for $750 million in cash and stock. DraftKings CEO Jason Robins joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

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1 Comment

1 Comment

  1. @jamesching41

    February 16, 2024 at 3:51 pm

    sports betting apps, companies, platforms etc are competing against crypto coins, other sports betting platforms and unpaid cc balances of young people!

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Bloomberg Technology

From Coding to Finance: Microsoft’s AI Agent Push

Microsoft says AI agents are already fundamentally changing how its software engineers work — and sales, finance and other knowledge workers are next. Charles Lamanna, Microsoft EVP of Copilot, Agents and Platform, joins Bloomberg to explain how employees are shifting from doing tasks themselves to overseeing AI agents, why the company sees the technology driving…

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Microsoft says AI agents are already fundamentally changing how its software engineers work — and sales, finance and other knowledge workers are next. Charles Lamanna, Microsoft EVP of Copilot, Agents and Platform, joins Bloomberg to explain how employees are shifting from doing tasks themselves to overseeing AI agents, why the company sees the technology driving more productivity rather than simply reducing headcount, and what’s behind Microsoft 365 Copilot’s surge past 30 million paid seats. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

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Demis Hassabis’ departure as head of DeepMind has weakened London’s bid to stay in the AI race.

Mark Bergen explains the “gravitational shift” happening at Google.
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Our Town from Bloomberg’s Big Take podcast and iHeart Radio follows residents of Gainesboro, Tennessee, after a group of far-right Christians moves in with plans for a radical social experiment.
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