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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

Paramount and Skydance Revive Deal, Apple and OpenAI’s Relationship Deepens | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down the news that Paramount and Skydance reached a merger agreement after collapsing last month. Plus, Apple and OpenAI deepen their relationship as the iPhone maker gets an observer role on the AI company’s board. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future…

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Bloomberg’s Caroline Hyde breaks down the news that Paramount and Skydance reached a merger agreement after collapsing last month. Plus, Apple and OpenAI deepen their relationship as the iPhone maker gets an observer role on the AI company’s board.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Sanofi CEO on AI’s Impact, Lung Disease Drug Clearance

Sanofi CEO Paul Hudson joins Caroline Hyde to discuss the company’s integration of AI tools in everyday operations, the impact of AI on the biopharma sector, and the company’s Dupixent drug getting cleared for a chronic lung disorder in the European Union, creating another avenue of growth for the blockbuster drug. He speaks on “Bloomberg…

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Sanofi CEO Paul Hudson joins Caroline Hyde to discuss the company’s integration of AI tools in everyday operations, the impact of AI on the biopharma sector, and the company’s Dupixent drug getting cleared for a chronic lung disorder in the European Union, creating another avenue of growth for the blockbuster drug. He speaks on “Bloomberg Technology.”
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Apple Set to Get OpenAI Board Observer Role

Apple will get an observer role on OpenAI’s board as part of a landmark agreement announced last month, further tightening ties between the once-unlikely partners. Bloomberg’s Mark Gurman joins Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline…

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Apple will get an observer role on OpenAI’s board as part of a landmark agreement announced last month, further tightening ties between the once-unlikely partners. Bloomberg’s Mark Gurman joins Caroline Hyde on “Bloomberg Technology.”
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Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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