The PGA Tour is leaning into sports betting and has signed a deal with Chernin Group’s the Action Network to launch “GolfBet,” a site and app with data and news for fans that want to bet on golf. The deal marks the first major partnership with a professional sports league for Action Network, which just launched in 2017. While terms of the deal were not disclosed, the partnership is a good omen...
PGA Tour Signs Deal With The Action Network
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates

We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
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