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.
The U.S. State Department on Thursday issued a warning that China is capable of cyber attacks targeting critical infrastructure such as rail systems and oil and gas pipelines.
Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector.
