Type: announcement

New York State Sues Prediction Market Platform Kalshi for Alleged Illegal Gambling Operations

07/31/2026, 06:37 AM business announcement
New York state has filed a lawsuit against prediction market platform Kalshi, alleging it operates an illegal gambling business by not being registered with the state's Gaming Commission. This legal action could have significant implications for Kalshi and the broader prediction market sector, particularly regarding regulatory compliance and operational viability in New York.

Indonesian State-Owned Telecom PT Telkom Indonesia (Persero) Considers Sale of Venture Capital Unit MDI Ventures Amid Corruption Scandal

07/30/2026, 04:36 PM announcement
TelkomMetra, a unit of Indonesia's largest state-owned telecom, is considering selling its venture capital firm MDI Ventures amid a backdrop of corruption issues and a funding drought in the Indonesian tech sector. This potential sale could significantly impact the firm's operations and the broader investment landscape in Indonesia.