Penn Entertainment and ESPN are ending the relationship that underpinned ESPN Bet — and the struggling sportsbook will be renamed.
Why it matters: ESPN Bet underperformed expectations since its launch in 2023, failing to capitalize on its high-profile branding in a competitive landscape dominated by the likes of DraftKings and FanDuel.
A new peace prize will be awarded at the World Cup draw in Washington, D.C., on Dec. 5 that recognizes "exceptional actions for peace and unity," soccer's international governing body FIFA announced Wednesday.
The big picture: FIFA president Gianni Infantino said in a statement that in an "increasingly unsettled and divided world, it's fundamental to recognize the outstanding contribution of those who work hard to end conflicts and bring people together in a spirit of peace."
The word iconic is often overused — but a partnership between tech giant Atlassian and Atlassian Williams Racing can only be defined as such. The scrappy pair have not always had the easiest journeys, but they've teamed up to return the F1 team back to where it belongs: At the top.
The story: At the F1 United States Grand Prix, Williams rolled out a 2002 throwback car design to celebrate Williams' title and technology partnership with Atlassian and commemorate how both the two companies have survived and thrived in the face of relentless change.