tech:

taffy

Bloomberg, IMG Come Together To Start Bloomberg Sports

[Techtaffy Newsdesk]

Bloomberg and IMG have formed a partnership to expand Bloomberg’s vertical division, Bloomberg Sports. The new venture will retain the name Bloomberg Sports, and will be funded through a partnership created by both entities.

The new venture will still be majority owned by Bloomberg and will be located in offices in New York and London. IMG will have a strong minority equity position and will provide enhanced marketing, sales and production assistance for both the existing Bloomberg Sports analytics products, as well as a new series of projects that will be rolled out this summer. They will include new ventures in international professional soccer as well as greatly enhanced fantasy analytic products for NFL football. This will be in addition to the work the company is already doing in Major League Baseball both on the consumer and professional level.

Michael Dolan (Chief Executive Officer, IMG Sports and Entertainment): The ability to effectively use data to analyze and enhance the experience in sport for fans and for professionals has never been more important than it is today.

Inner Circle Sports advised Bloomberg Sports on the transaction.

Bloomberg Sports’ Front Office 2012 fantasy baseball product is again among the most used and innovative fantasy baseball tool for the consumer, while the company is now providing state-of-the art data analytic and player evaluation platforms for 24 of the clubs in professional baseball, as well as a quickly growing tablet product for players.

Just in

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.

Leidos awarded $143M Defense Intelligence Agency technology platform contract

Leidos has obtained a task order contract from the Defense Intelligence Agency's (DIA) Science & Technology Directorate. This contract tasks Leidos with the creation and implementation of a comprehensive system for managing open-source intelligence

Staff say Dell’s return to office mandate is a stealth layoff, especially for women — The Register

The implications of choosing to work remotely, we're told, are: "1) no funding for team onsite meetings, even if a large portion of the team is flying in for the meeting from other Dell locations; 2) no career advancement; 3) no career movements; and 4) remote status will be considered when planning or organization changes – AKA workforce reductions," writes Thomas Claburn. 

Orkes raises $20M

Cupertino, CA-based Orkes, a company focused on the scaling of distributed systems, has raised $20 million.

Motorola Solutions appoints Nicole Anasenes to board

Motorola Solutions announced the appointment of Nicole Anasenes to its board of directors. Ms. Anasenes has over two decades of experience in leadership roles across software and services, market development, acquisitions, and business transformation.