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Secret tapes: Executives at Swedish gambling company Evolution were secretly filmed describing how its casino games made their way illegally to countries such as Iran, Sudan and China. GoTo solid again: Indonesia's GoTo posted a fourth consecutive quarter of adjusted profit, a further sign of cost-cutting progress as the company seeks to convince investors it can make money sustainably. Musk setback: Elon Musk must face claims by OpenAI that his attacks on the startup in court and in the media amount to a "years-long harassment campaign," a federal judge ruled. | |
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Private equity firm Advent agreed to buy Sapiens, an Israeli software provider to the insurance industry, for about $2.5 billion. The offer of $43.50 per share represents a roughly 64% premium over Sapiens' closing stock price last Friday, before media reports of the acquisition talks. | |
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Who's Scott Kupor and why should we care about his big ideas for reforming the US government? After Elon Musk's withdrawal from a prominent DC role, Kupor is now the highest-profile representative of Silicon Valley in the government, now a month into his role as director of the Office of Personnel Management. Riley Griffin interviewed Kupor and reports on his thinking in today's Tech In Depth essay. | |
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