Showing posts with label DraftKings. Show all posts
Showing posts with label DraftKings. Show all posts

2017-06-24

Tech Review: Uber ex-CEO Travis Kalanick & Silicon Valley Culture (videos)

Tech Review (TR 2017-06-24)--Domain Mondo's weekly review of tech news:

Features • 1) Uber ex-CEO Travis Kalanick & Silicon Valley Culture, 2) Ant Financial is an AI company, 3) Cisco Live 2017 Las Vegas Keynote, 4)  Amazon Web Services | AWS re:Invent 2017, 5) Google for Jobs, 6) FTC vs DraftKings-Fanduel merger, 7) ICYMI Tech News.

1) Uber ex-CEO Travis Kalanick & Silicon Valley Culture (videos)

The Rise and Fall of Uber's Controversial CEO:

Video above published Jun 21, 2017: Bloomberg Profiles looks at the story of Uber's Travis Kalanick and how he went from UCLA dropout to CEO of the world's most valuable technology startup.

The Story Behind Travis Kalanick's Ouster as Uber CEO:

Video above published Jun 22, 2017: Matt Cohler and Peter Fenton, partners at venture capital firm Benchmark, hand-delivered a letter urging Travis Kalanick’s resignation as Uber's CEO, people familiar with the matter said. Bloomberg's Eric Newcomer reports on "Bloomberg Technology."

Uber Technologies Inc. is a US-based technology company headquartered in San Francisco, California, operating in 570 cities globally. It develops, markets and operates the Uber car transportation and food delivery mobile apps. The company is a privately-held VC-backed "unicorn" having raised about $11.56 billion from 16 rounds of venture capital and private equity investors.

Principal domain: uber.com

Uber’s Lesson: Silicon Valley’s Start-Up Machine Needs Fixing | NYTimes.com: "... this was a clear failure of oversight — of investors, boards of directors, partners and anyone else who could have altered Uber’s course and clearly failed to do so. Overlearning the lesson of Steve Jobs’s first fall at Apple — and of founder-led hyper-successes at Google and Facebook — Silicon Valley’s investors created a culture where founders are given carte blanche, their pronouncements and tactics elevated to the level of divine infallibility."--Farhad Manjoo.

See also:

Other Tech News:

2)  The Chinese Finance Giant That’s Secretly an AI Company: "The smartphone payments business Ant Financial is using computer vision, natural language processing, and mountains of data to reimagine banking, insurance, and more."--MIT TechnologyReview.com

3)  Cisco Live 2017 Las Vegas Broadcast | CiscoLive.com:  Opening Keynote by Chuck Robbins, CEO, Cisco, Monday, June 26, 10:30 am PDT

4)  AWS re:Invent 2017 | Amazon Web Services: registration now open for the world's largest global cloud computing conference, 27 Nov - 1 Dec 2017; campus: ARIA, Encore, MGM, Mirage, The LINQ, The Venetian in Las Vegas, NV (US).

5) Google for Jobs--The World’s Largest Job Board: "search something like “jobs near me” or “restaurant jobs in Chicago,” you’ll be ushered to a new part of Google Search that falls under the umbrella Google for Jobs."--fastcodesign.com

6) The FTC, jointly with the Attorneys General in California and the District of Colombia, is attempting to block the DraftKings-Fanduel merger--TechCrunch.com.

7) ICYMI Tech News Quick Takes:

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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2016-05-13

Daily Fantasy Sports, Online Gambling, US Congressional Hearing Video



U.S. Congressional Subcommittee Hearing: Daily Fantasy Sports: Issues and Perspectives, May 11, 2016, 2123 Rayburn Bldg., Washington, D.C.

Witnesses:

Mr. Steve Brubaker
Executive Director, Small Business of Fantasy Sports Trade Association
Witness Statement
Truth in Testimony and CV

Mr. Kurt Eggert
Professor of Law, Chapman University Fowler School of Law
Witness Statement
Truth in Testimony and CV

Mr. Jordan Gnat
SVP, Strategic Business Development, Scientific Games
Witness Statement
Truth in Testimony and CV

Mr. Mark Locke
Chief Executive Officer, Genius Sports Group
Witness Statement
Truth in Testimony and CV

Mr. John M. McManus
Executive Vice President, General Counsel, and Secretary, MGM Resorts International
Witness Statement
Truth in Testimony and CV

Dr. Ryan Rodenberg
Assistant Professor, Florida State University, Department of Sport Management
Witness Statement
Truth in Testimony and CV

Mr. Peter Schoenke
President, RotoWire, on behalf of Fantasy Sports Trade Association
Witness Statement
Truth in Testimony and CV

Ms. Lindsay Slader
Operations Manager, GeoComply
Witness Statement
Truth in Testimony and CV

Documents
Background Memo
Opening Statement - Full Committee Chairman Upton
Opening Statement - CMT Subcommittee Chairman Burgess

Examples of Daily Fantasy Sports companies: draftkings.com & fanduel.com

#SubCMT Wraps Hearing on Daily Fantasy Sports | Energy and Commerce Committee May 11, 2016 (Press Release): Hearing Underscores Importance of Protecting Consumers and Encouraging Innovation WASHINGTON, DC – The Subcommittee on Commerce, Manufacturing, and Trade, chaired by Rep. Michael C. Burgess, M.D. (R-TX), today held a hearing entitled, “Daily Fantasy Sports: Issues and Perspectives.” Full committee Chairman Fred Upton (R-MI) and Ranking Member Frank Pallone, Jr. (D-NJ) previewed the hearing in an op-ed published by The Hill this morning, writing, “Millions of Americans are playing daily fantasy sports, which means that millions of families could be affected. Players deserve to know that the DFS industry operates fairly and transparently, and that states taking different and rushed approaches are not harming the overall consumer experience.” 

The hearing brought together industry representatives, the legal and academic communities, and experts in gaming technologies to assess the rapidly changing landscape of daily fantasy sports. Members examined whether consumer protection concerns would require action beyond the state level, and pressed industry representatives to detail processes in place to preserve the integrity of online games.

Peter Schoenke, Chairman of the Fantasy Sports Trade Association, testified: “We stand ready to work with the FTC and with this subcommittee in moving forward to ensure the fairness and transparency of paid daily fantasy sports as well as season-long fantasy sports and to ensure that we maintain the trust and confidence of fans that choose to play fantasy sports. We also hope that, in doing so, we preserve the ability of states to regulate this activity and that they do so without killing the innovative spirit and new and exciting choices for millions of fans who enjoy fantasy sports.”

Chairman Burgess expressed the importance of consumer protection and the need to better understand how states roles could impact interstate commerce. “Consumer protection is a critical component of this conversation. Not only should consumers have a clear understanding of the rules and risks for a particular contest, but the integrity of the game depends on consumers getting what they paid for,” said Burgess. “From the states that have required the daily fantasy sites to meet online gambling requirements, to the states that have passed legislation explicitly legalizing fantasy games—it is critical to understand the role of the states and what impact their actions have on interstate commerce.”

Upton added, “States all across the country are looking at these issues, which will help inform whether a federal role is warranted. In Michigan, for instance, there is a bill pending in the legislature to expressly legalize daily fantasy sports. But we must keep in mind that a patchwork of differing and contradictory state laws has the potential to negatively impact consumers, and harm further growth and innovation in the process.”" (emphasis added)

#DFS #subCMT



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