Bloomberg:
A look at online and smartphone gambling in the UK, legalized in 2005, as bettors lost £14B+ in four of the past five years and concerns about addiction rise — On an August morning in 2016, Stewart Kenny, the co-founder of Paddy Power, was struggling to keep his emotions in check …
Maxwell Strachan / VICE:
As gambling becomes legitimized across the US, a look at the rise of gambling on smartphones, leading some to financial catastrophe and addiction — Financial catastrophe is now only a few clicks away, a problem that is showing quiet signs of becoming a crisis. “I can’t just get rid of my phone,” one problem gambler says.
Ellen Thomas / Insider:
Internal memo: Slack CEO and co-founder Stewart Butterfield plans to leave Salesforce in January, says the move has “nothing to do” with Bret Taylor’s departure — Slack CEO Stewart Butterfield is leaving Salesforce in January. — Butterfield posted his announcement …
Ash Parrish / The Verge:
Twitch plans to prohibit streaming unlicensed gambling sites with slots, roulette, or dice games on October 18, amid the fallout from a streamer’s gambling scam — As the conversation concerning Twitch and the platform’s allowance of gambling streams continues to swirl, the platform has struck its first blow.
Mitchell Clark / The Verge:
Apple has “paused ads related to gambling and a few other categories on App Store product pages” after criticism from developers and others — Apple has “paused ads related to gambling and a few other categories on App Store product pages” after developers and commentators criticized …
Coco Feng / South China Morning Post:
China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth — China’s central bank digital currency transactions totalled 100 billion yuan (US$14 billion) from the start of the e-CNY initiative …
Ingrid Lunden / TechCrunch:
Boston- and London-based Zoe, a nutrition and health tracking app, raised £25M led by Accomplice at a £209M valuation, after closing a £48M Series B in May 2021 — Zoe, a startup founded by doctors and researchers out of London and Boston, made its name during the pandemic …
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