Monday, October 7, 2024

SportQuake: crypto companies have spent a record of almost £130M on Premier League sponsorship deals for the 2024/25 season, buoyed by tighter gambling rules (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg:
SportQuake: crypto companies have spent a record of almost £130M on Premier League sponsorship deals for the 2024/25 season, buoyed by tighter gambling rules  —  English football club deals with crypto firms are at a record high. … The flood of crypto money into English football is continuing …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...