Kalshi Lands $1B Round, Vaults to $11B Valuation as Prediction-Market Race Heats Up

According to a press release, the US prediction market Kalshi has completed US$1 billion in financing and its valuation has risen to approximately US$11 billion. The latest funding round was led by Paradigm, with participation from veteran venture capital firms including Sequoia Capital and Alphabet’s growth equity unit CapitalG. Last month, TechCrunch reported on the…

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Sony’s PlayStation Portal Now Lets You Stream PS5 Games With a PlayStation Plus Premium Subscription

Sony’s PlayStation Portal handheld device is finally one step closer to becoming a true standalone gaming device. Nearly two years after its launch, the company has rolled out a major update that enables PlayStation Plus Premium members to stream PS5 games directly from the cloud without needing to be connected to the console. Rolling out…

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MSU announces $1 billion initiative, including Spartan Stadium renovations

It’s been a very exciting few days for Michigan State athletics. Michigan State University announced Tuesday that they will launch a new $1 billion initiative called “FOR SPARTA” to enhance facilities, enhance the student-athlete experience and “ensure MSU’s position as a leader in collegiate athletics.” The initiative was previously announced through social media posts and…

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