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New DeepSeek just did something crazy...
Matthew Berman· 2025-10-22 17:15
Deepseek just did it again. They just dropped a new paper and model DeepSseek OCR. OCR is basically image recognition.But why is that a big deal. Image recognition has been around forever, right. Well, they discovered something completely novel that has the potential to make language models, textbased models so much more powerful.Let me show you. This is the new paper from Deep Seek. Now, like I said, image recognition has been around for a long time.It's nothing special. We've seen it. It's been done a mil ...
X @Bloomberg
Bloomberg· 2025-10-03 13:32
Universities are under pressure to find new ways to raise revenue, after a landmark federal settlement over athletes’ name, image and likeness. Bloomberg's @JanetLorin explains https://t.co/6SM4ZSF9fQ https://t.co/72oFhz6Xt4 ...
Venmo Teams Up with Quarterback Drew Allar to Launch Penn State Venmo Debit Card
Prnewswire· 2025-09-25 13:00
Core Insights - Venmo has launched a new Name, Image, and Likeness (NIL) partnership with Penn State Quarterback Drew Allar, introducing a special edition Penn State Venmo Debit Mastercard aimed at students, alumni, and fans [1][2] - The Venmo Debit Card offers exclusive perks and rewards for everyday purchases, enhancing the gameday experience for users [2][4] - Venmo Hall, a new fan destination, will debut during the Penn State 'White Out' game, featuring various activities and exclusive merchandise for Venmo Debit Card users [3][4] Company Initiatives - The Venmo Debit Card is now available for several universities, including Penn State, Michigan State, and others, providing users with access to limited-time offers and rewards [2][4] - Venmo is expanding its brand presence on college campuses through a fully integrated marketing campaign that includes in-stadium promotions, social media, and streaming platforms [6][7] - The campaign aims to highlight the connection between college sports and campus life, showcasing how users can utilize their Venmo balance for various purchases [6][7] Marketing Strategy - Venmo Hall will travel to various universities, creating memorable experiences for students and fans while promoting school pride [4] - The partnership with athletes like Drew Allar and others aims to enhance brand visibility and engagement within the college sports community [2][6] - Venmo's marketing efforts are designed to resonate with the campus culture, making it easier for users to engage with the brand during gameday events [4][6]
SLING TV UNVEILS "STREAM TEAM" LINEUP: 10 COLLEGE FOOTBALL PLAYERS SIGNED TO $4.99 NIL DEALS
Prnewswire· 2025-09-12 10:00
Core Insights - Sling TV has launched a unique $4.99 Day Pass subscription, introducing a new approach to Name, Image, and Likeness (NIL) deals by signing college football players for one-day contracts [1][2][3] Group 1: Sling TV's New Offerings - The new Sling Orange subscription includes Day, Week, and Weekend Passes, aimed at redefining streaming services [2] - The $4.99 NIL deal is designed to celebrate college athletes without the need for large financial commitments, contrasting with traditional NIL contracts [2][3] Group 2: Stream Team and Participants - The inaugural "Stream Team" consists of 10 college football players selected for their on-field skills and off-field personalities, representing various prominent universities [3][4] - The players include athletes from institutions like the University of Alabama, Clemson University, and the University of Georgia, showcasing a diverse range of talent [4] Group 3: Fan Engagement - Sling TV is encouraging fan participation through a sweepstakes where fans can win their own $4.99 NIL deal and a year of Sling Orange [5] - The initiative aims to engage college football superfans, highlighting their passion and loyalty to the sport [6] Group 4: Company Background - Sling TV is a leading live streaming service offering over 700 channels, including a variety of subscription options tailored to different audiences [7] - The company is recognized for its extensive foreign-language programming, catering to diverse U.S. households [7]
X @Bloomberg
Bloomberg· 2025-09-04 21:52
Student Athlete Finance - InvescoUS' Ryan McCormack explains student athletes' desire to learn and capitalize on NIL (Name, Image, Likeness) [1] - The younger generation is interested in learning how to manage their money [1]
X @Bloomberg
Bloomberg· 2025-09-04 15:53
RT Bloomberg Live (@BloombergLive)"For the month of August, we shared $4.8 M," @UCLA’s @MartinJarmond discussed NIL and the new revenue paid out to their student athletes since taking affect in July at #PowerPlayers.⏯️ https://t.co/R0M2LmqXXR https://t.co/Qimw8IYHWX ...
Brag House and Gators Athletics Score Big Again with Successful "Brag Gators Gauntlet: Preseason Edition"
GlobeNewswire News Room· 2025-07-30 12:30
Core Insights - Brag House Holdings, Inc. successfully concluded the "Brag Gators Gauntlet: Preseason Edition," enhancing engagement among Gen Z in gaming and college sports [1][4] - The event featured a tournament based on EA College Football 26, showcasing Gators student athletes and promoting community interaction [2][3] - The series will continue with a "Football Edition" in the fall, integrating Name, Image, and Likeness (NIL) opportunities with digital engagement [6][7] Event Highlights - The tournament took place virtually on July 19, 2025, and included participation from notable Gators athletes discussing their experiences [2][3] - Participants competed for scholarships and cash prizes, with the champion receiving $1,000 and additional prizes for second and third places [4] - A Charity Match was held, resulting in a $500 donation to the B. Lou Foundation, showcasing the positive impact of the gaming community [5] Strategic Focus - Brag House aims to redefine fan engagement by merging college sports with gaming, creating new opportunities for students and universities [7] - The company emphasizes building authentic, gamified experiences that connect fans, students, and university athletics [4][6] - Learfield, a partner in the event, enhances college athletics through its extensive media and technology platforms, driving revenue and fan engagement [8][9]
Player's association is the only way to create enforceable rules for NIL, says Brandon Copeland
CNBC Television· 2025-07-25 19:46
College Sports Landscape - The current state of Name, Image, and Likeness (NIL) money is unsustainable and could lead to a "super league" of approximately 20 teams, disadvantaging other schools [2][3][6] - The executive order regarding paying college athletes lacks concrete rules or policies, raising questions about its enforceability and potential impact on federal funding for schools [4][7] - The NCAA has had rules against third-party NIL payments that are not brand sponsorships since 2021 [4] - College athletics leaders are uncertain about which rules to follow, including state laws, the executive order, House settlement terms, NCAA bylaws, or the College Sports Commission [7] Athlete Compensation and Rights - The only sustainable future for college athletics involves allowing athletes to organize into their own players association to negotiate terms of participation [5][8] - Enforcing rules without athlete involvement can lead to antitrust violations and legal challenges [9][13] - College football generates over $13 billion annually, and athletes are now beginning to receive a share of that revenue [12] - Athletes are being compensated through Name, Image, and Likeness (NIL) deals, which can be viewed as "pay for play" [12][13] Potential Solutions - Establishing clear and enforceable rules requires negotiation between schools, the NCAA, conferences, and athletes through a players association [8] - Classifying NIL deals as "pay for play" could enable the creation of real, enforceable rules, provided athletes are involved in the agreement [13]
Former players seek settlement for back pay as colleges start to pay student athletes
NBC News· 2025-07-01 01:00
Legal Challenge & Settlement Overview - A lawsuit challenges the NCAA settlement, which allows direct payments to athletes for NIL (Name, Image, Likeness) use, estimating $20 million in revenue sharing annually [2] - The settlement includes $2.8 billion in back pay for approximately 400,000 former athletes, which is a point of contention in the lawsuit [3] - The judge overseeing the case acknowledged Title IX related arguments but allowed the settlement to proceed as an antitrust case, leaving the door open for future Title IX challenges [11][12] Title IX & Gender Equality Concerns - Plaintiffs argue the revenue distribution underestimates the value female athletes bring to universities and violates Title IX, the federal law barring sex-based discrimination on college campuses [2][4] - Women's basketball, the top-listed women's sport, receives 1.1% of the revenue pie, significantly less than men's football and basketball, which receive over 90% combined [4] - One plaintiff was estimated to receive around $400 in back pay, highlighting the disparity [5] - Female athletes feel they are settling for "scraps" and deserve more, seeking a bigger seat at the table [7] Proposed Funding Formula - Plaintiffs propose a specific formula for broadcast compensation and athlete service compensation, allocating funds based on the ratio of men to women in the athlete pool each year [9][10] - For example, if men comprise 60% of the athlete pool, they would receive 60% of the designated funding, with women receiving the remaining 40% [10] NCAA's Perspective - The NCAA considers the settlement a "massive win" for student-athletes, enabling schools to provide direct financial benefits totaling nearly 50% of athletics department revenue [6]
Carolina Panthers QB Bryce Young on NIL
CNBC Television· 2025-06-26 19:45
It's a billion multibillion dollar industry um off of the backs of student athletes. Um you know obviously there's administrative side and all that but people all across all the sports men and women's people go to watch athletes play and the fact that people weren't able to be compensated for that for so long. Uh it's it's a crime.I feel for the people who weren't able to benefit from it. Um obviously it makes it different and it's a different landscape from a fan standpoint. There's a lot of movement.I und ...