1. U.S. Supreme Court Allows Gambling
Being an avid sports fan can now yield financial gains. A recent Supreme Court landmark ruling could allow states across the country to legalize sports betting. It endorsed a state ruling in New Jersey which permits sports betting in casinos and horse racing. This move could enable states across the country to adopt the policy as well. While the NCAA opposes, believing sports gambling is a risk to the “integrity of athletic competition,” Justice Samuel Alito provides a counter viewpoint on behalf of the Supreme Court: “Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”
2. Venezuela the Cereal Pirate
Due to hyperinflation in Venezuela’s economy, many companies are ceasing or scaling back their operations due to the country’s volatile markets conditions. Most recent, US-based cereal maker, Kellogg, is pulling out of Venezuela. Venezuela’s President, Nicolas Maduro, called the closure “absolutely unconstitutional and illegal.” According to him, the factory has been “handed” to workers to continue operations. Since this announcement comes before Sunday’s presidential election, it’s likely a PR stunt for the Venezuelan people. In the short-run, the government taking over the Kellogg’s factory is for political reasons and does not change the underlying issue causing the hyperinflation of the Venezuelan economy.
3. HUB 2 by Microsoft
The future is now. Microsoft has just announced the second generation of its digital whiteboard, Surface Hub 2. This whiteboard enables enterprises to perform many functions from video conferences to document collaboration. A key feature is fingerprint sign-ins for employees, which automatically pulls up their OneDrive. While the first Surface Hub was crazy expensive, we may see lower base prices according to wccftech, which will allow other sectors, especially education, to also play with the Hub.