Jarred Snyder is the co-founder of what he calls the first digital philanthropic community dedicated to today's avid sports fans. The platform partners with professional sports teams to create contests and sweepstakes that fans can enter to benefit their charities.
Snyder adds that the company wants to disrupt the sports-watching space, where today, fewer millennials seem to be watching live. Fanthropic's goal is to increase fan involvement in sports by making the experience between fans and teams more personal, while also giving back to as many causes as possible.
Fanthropic is a for-profit company. Eighty percent of proceeds go to the charity at hand. The company works with professional leagues including the NFL, NBA, NHL, and MLB.
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”
Although Tesla may be offering discounts, GM President Mark Reuss said the company is holding firm on its EV pricing after announcing the 2024 Corvette E-Ray on Tuesday, the 70th anniversary of the first Corvette.
Microsoft said it's expanding access to OpenAI following reports of talks for a major investment by the tech giant in the startup parent company of ChatGPT.
Long before beleaguered billionaire Elon Musk purchased Twitter in October, he had set his sights on Tesla, the electric automaker where he serves as CEO and from which he derives most of his wealth and fame.
