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Riot Games Makes Stake-Owned Kick an Official Esports Broadcaster, Just a Year After Rescinding Sponsor Ban

Key Takeaways Riot named Stake-owned Kick an official esports broadcaster on June 26, starting with MSI on June 28. The deal lands about a year after Riot reversed its long-standing ban on betting sponsors. Riot still bars betting logos from broadcasts; Stake-sponsored Team Vitality masks its deal as “E.Leclerc.” From “betting-free” to a crypto casino’s…

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Corgi, the buzzy Y Combinator-backed insurance tech startup, says it didn’t steal an open source product

Y Combinator-backed insurance tech startup Corgi became embroiled in yet another controversy earlier this week when Papermark, maker of open source data room software, accused Corgi of stealing its software and passing it off as its own. Corgi denies this. “No code was used from Papermark,” the company tells TechCrunch. But there were reasons why…

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Brad Garlinghouse slams Michael Saylor’s Bitcoin funding strategy

Brad Garlinghouse has criticized Michael Saylor’s Bitcoin acquisition strategy, arguing that Strategy’s reliance on preferred stock financing has failed to create lasting value as its securities continue to weaken. Summary Brad Garlinghouse criticized Strategy’s Bitcoin funding model, arguing long-term value should come from utility rather than financial engineering. Growing scrutiny of Strategy includes a shareholder…

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