Known as the Mad Bomber for his powerful arm, he led the Oakland Raiders to the Super Bowl and was among pro football’s top passers in the late 1960s and early ’70s.
Since the state legalized online gambling in January, bets have poured in, bringing revenue to tax coffers but worrying addiction specialists.
Since the state legalized online gambling in January, bets have poured in, bringing revenue to tax coffers but worrying addiction specialists.
When the present is divisive and the future is scary, pop culture’s biggest event plays “remember when.”
Bartering draft capital to acquire Matthew Stafford and other stars, the Rams traded their future for a shot at a championship. Sunday’s win over the Cincinnati Bengals validated the risk.
Dr. Dre, Snoop Dogg, Eminem, Kendrick Lamar, Mary J. Blige and 50 Cent asserted the power of hip-hop’s oldies generation on pop music’s most-watched stage.
How a young virtual currency exchange got Hollywood’s resident skeptic to film his first Super Bowl commercial.
Demographic changes and parents’ reservations made the game less popular among children in Los Angeles. But with help from the Rams and the Chargers, football is making a modest comeback.
With a glittering N.F.L. stadium and a new N.B.A. arena on the way, the city of Inglewood, Calif., is celebrating its progress. But on the streets, stark disparities linger.
As the Omicron coronavirus variant appears to run its course, infections in the N.F.L. are falling sharply. A change in testing policy may also play a role.
Americans love a good redemption story, but is it always deserved?
In short order, the Bengals quarterback has achieved a crossover appeal that has inspired Joe Namath comparisons.
The Super Bowl will feature commercial breaks that embrace the usual jokes and celebrities plus a whole lot of blockchain.
The league has partnerships with several companies and casinos and a record number of bets are expected to be placed on the Super Bowl. That would have been unlikely years ago given its stance.
This team is touched by magic.
Evan McPherson has attempted 12 field goals in the N.F.L. postseason and made each one, including the overtime winner at Kansas City that put Cincinnati in the Super Bowl.
At Sunday’s game, Dr. Dre, Snoop Dogg and Kendrick Lamar will lead the first-ever halftime performance with rap at its center. The genre has taken a roundabout path to get there.
The team will use its usual practice facility, team hotel and locker room for Sunday’s game against the Bengals at its home stadium in Inglewood, Calif.
This season, N.F.L. teams have opted to attempt a historic number of fourth-down conversions based on data modeling. But that risk-it-all trend may not apply in the Super Bowl.
Tim Krumrie’s devastating leg injury marked the Cincinnati Bengals’ last Super Bowl appearance. Still, he says he has no regrets for it or the brain trauma that he thinks football gave him.
A flood of online sports betting since the Supreme Court struck down limits on the states in 2018.
The Games are central to the network’s brand, and NBC will have to navigate complications resulting from the pandemic and politics.
The ends of the college and pro football seasons were already a perilous time for people recovering from a gambling addiction. Then came the onslaught of ads for legal sports betting.
The Super Bowl, set for Feb. 13 near Los Angeles, will feature two quarterbacks who were No. 1 draft picks, Cincinnati’s Joe Burrow and Matthew Stafford of the Rams.
The evolution at the N.F.L.’s most important position has been clear even with familiar names frequently making deep playoff runs. Today’s emerging stars are taking on more of their team’s offensive load.
Some dancers recoiled at the prospect of volunteering their services at this year’s Super Bowl halftime show: “You can’t make a living off of exposure.”
Yes. And Coachella, too. After canceling many major events over the last two years, organizers are going forward in the first months of 2022, though there may be adjustments.
He teamed with the quarterback Joe Namath in a passing attack that took New York to an upset victory in Super Bowl III against the powerful Colts.
Thanks to the New England Patriots’ six-game win streak and the Tampa Bay Buccaneers’ light schedule, the pair seem to be on a collision course.
The N.F.L. announced the three Southern California natives will share billing with Mary J. Blige and Eminem at Super Bowl LVI in Los Angeles.
President Biden’s administration has revived a tradition of championship invitations that had grown sporadic under former President Donald J. Trump.
Sundae, a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital.
QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American Financial, Prudence Holdings, Crossover VC, Intersect Capital, Gaingels and Oberndorf Ventures also participated in the financing. The round marks San Francisco-based Sundae’s third financing in a 13-month time frame, bringing its total raised since its August 2018 inception to $135 million.
The San Francisco-based company declined to reveal at what valuation its Series C was raised. It also declined to provide hard revenue figures, saying only that it saw a 600% year-over-year increase in revenue from June 2020 to June 2021.
The startup aims to help people who need to sell dated or “damaged” properties for a variety of reasons — such as job loss, illness or divorce. In some cases, according to CEO and co-founder Josh Stech, such vulnerable sellers get taken advantage of by “predatory fix and flippers” seeking to capitalize on their misfortune.
Since sellers in these situations don’t typically have the funds to fix up their properties before selling, Sundae lists the property for them on its platform – serving as an intermediary between sellers and investors. There, it is visible to about 2,600 qualified off-market buyers.
The company essentially aims to aggregate demand from “fix and flippers,” who use the marketplace to bid against each other for distressed properties. If the seller accepts and an inspection is completed, the company offers a $10,000 cash advance before closing to help homeowners with moving costs or other expenses.
“Our goal is to displace wholesalers who exploit desperate or uninformed sellers and lock them into a contract which they turn around and assign to a property investor at a steep profit,” Stech said. “The tens of thousands of dollars in lost equity that goes to a wholesaler could mean the difference between paying off debts, or having enough money to retire.”
Sundae claims that on average, sellers receive 10 offers within three days on its marketplace.
Since its launch in January 2019, the startup has slowly been expanding its marketplace geographically. It went from operating in four markets in California at the end of last year to now operating in 14 markets across Florida, Colorado, Georgia, Texas and Utah.
Sundae makes money by charging buyers in its investor marketplace a fee when it “assigns” them a property.
In the first quarter of this year, the startup launched a dedicated online marketplace for investors, where they can view properties and submit offers. Once an investor signs up to join the marketplace, they can access the full inventory of properties, including information such as photos, floor plan, 3D walkthrough and a third-party inspection report.
Looking ahead, the company plans to use its new capital to expand to new markets, invest in its platform and “build brand awareness.” It also, of course, plans to boost its current headcount of 180 mostly remote employees.
Vik Chawla, a partner at Fifth Wall, believes Sundae is serving a segment of the residential real estate market that has historically been overlooked.
“Their marketplace model simultaneously solves a crucial pain point for sellers by disrupting the wholesale industry, while delivering a platform that property investors can count on for reliable investment opportunities,” he said.
The company last raised $36 million in a Series B funding round in December 2020.
Interestingly, a slew of angel investors — including a number of athletes and celebrities — also put money in the company’s latest round, including: actor Will Smith, DJ Kygo, three-time NFL Super Bowl champion Richard Seymour of 93 Ventures, NFL All-Pro DK Metcalf of the Seattle Seahawks, Matt Chapman of the Oakland A’s, Alex Caruso of the Los Angeles Lakers, Aaron Gordon of the Denver Nuggets, Solomon Hill of the Atlanta Hawks, Kelly Olynyk of the Houston Rockets, NBA All-Star Isaiah Thomas, three-time NBA Champion & Gold Medalist Klay Thompson of the Golden State Warriors, Hassan Whiteside of the Sacramento Kings, Andrew Wiggins of the Golden State Warriors and 2020 U.S. Soccer Player of the Year and Juventus midfielder, Weston McKennie.
He predicted that New York would make the playoffs when no one gave them much of a chance. Then they marched to the championship game, only to lose to the Ravens.
The singer-songwriter was expected to appear Wednesday morning by videoconference to face the charges in New Jersey.
Although a bunch of automakers chose to sit out 2021, General Motors still saw value in advertising during this year’s Super Bowl. The automaker used the event to promote its electric vehicle aspirations, which include plans to have an all-electric lineup by 2035.
This project will be propelled by a new platform called Ultium and will start with next year’s Cadillac Lyriq and GMC Hummer EV. But you wouldn’t know that from the ad campaign—at least not at first. Instead, we learn that Will Ferrell is really angry with Norway, and he wants to prank the nation of more than five million by sending them all anchovy pizzas.
The cause of this rage? Norway is doing better at EV adoption than the US. Much better, in fact, as 54 percent of all new vehicles sold in the Scandinavian country in 2020 were electric. Here in the US, plug-in vehicles accounted for a mere 2.2 percent of the 14.6 million new cars and trucks sold last year (although in absolute numbers, the US still bought about three times as many EVs as Norway).
Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand.
Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability.
The SPAC attack began in September when an electric vehicle charging network ChargePoint struck a deal to merge with special-purpose acquisition company Switchback Energy Acquisition Corporation, with a market valuation of $2.4 billion. The company’s public listing will debut February 16 on the New York Stock Exchange.
In January, EVgo, an owner and operator of electric vehicle charging infrastructure, agreed to merge with the SPAC Climate Change Crisis Real Impact I Acquisition for a valuation of $2.6 billion— a huge win for the company’s privately held owner, the power development and investment company LS Power. LS Power and EVgo management, which today own 100% of the company will be rolling all of its equity into the transaction. Once the transaction closes in the second quarter, LS Power and EVgo will hold a 74% stake in the newly combined company.
One more deal soon followed. Volta Industries agreed to merge this month with Tortoise Acquisition II, a tie-up that would give the charging company named after battery inventor Alessandro Volta a $1.4 billion valuation. The deal sent shares of the SPAC company, trading under the ticker SNPR, rocketing up 31.9% in trading earlier this week to $17.01. The stock is currently trading around $15 per-share.
Not to be outdone, private equity firms are also getting into the game. Riverstone Holdings, one of the biggest names in private equity energy investment, placed its own bet on the charging space with an investment in FreeWire. That company raised $50 million in new round of funding earlier this year.
“The writing is on the wall and the investors have to take the time. There’s been a flight out of the traditional investment opportunities in markets,” said FreeWire chief executive, Arcady Sosinov, in an interview. “There’s been a flight out fo the oil and gas companies and out fo the traditional utilities. You have to look at other opportunities… This is going to be the largest growth opportunity of the next ten years.”
FreeWire deploys its infrastructure with BP currently, but the company’s charging technology can be rolled out to fast food companies, post offices, grocery stores, or anywhere where people go and spend somewhere between 20 minutes and an hour. With the Biden Administration’s plan to boost EV adoption in federal fleets, post offices actually represent another big opportunity for charging networks, Sosinov said.
“One of the reasons we find electrification of mobility so attractive is because it’s not if or how, it’s when,” said Robert Tichio, a partner at Riverstone in charge of the firm’s ESG efforts. “Penetration rates are incredibly low… compare that to Norway or Northern Europe. They have already achieved double digit percentages.”
A recent Super Bowl commercial from GM featuring Will Farrell showed just how far ahead Norway is when it comes to electric vehicle adoption.
“The demands onc capital in the electrification of transport will begin to approach three quarters of a trillion annually,” Tichio said. “The short answer to your question is that the needs for capital now that we have collectively, politically, socially economically come to a consensus in terms of where we’re going and we couldn’t say that 18 months ago is going to be at a tipping point.”
Shell already has electric vehicle charging infrastructure that it has deployed in some markets. Back in 2019 the company acquired the Los Angeles-based company Greenlots, an EV charging developer. And earlier this year Shell made another move into electric vehicle charging with the acquisition of Ubitricity in the UK.
“As our customers’ needs evolve, we will increasingly offer a range of alternative energy sources, supported by digital technologies, to give people choice and the flexibility, wherever they need to go and whatever they drive,” said Mark Gainsborough, Executive Vice President, New Energies for Shell, in a statement at the time of the Greenlots acquisition. “This latest investment in meeting the low-carbon energy needs of US drivers today is part of our wider efforts to make a better tomorrow. It is a step towards making EV charging more accessible and more attractive to utilities, businesses and communities.”
The two-minute spot featured the singer in the rural middle of the country, urging unity from a white Jeep.
“This was the first Super Bowl ever where I had to yell, ‘Be quiet — I’m trying to hear the poem!’” Kimmel said.
The start-up, which was at the center of a recent stock market frenzy, was valued at $6 billion in the new funding round.
Reddit has raised a new funding round, totalling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the site that has dubbed itself ‘the front page of the Internet,’ owing to the role the subreddit r/WallStreetBets played in the recent meteoric rise (and subsequent steep fall) of the value of GameStop stock. Reddit also ran a 5-second Super Bowl ad on Sunday, consisting of. a single static image that looked like a standard post on the network itself.
This is Reddit’s 16th year of operation, and the company has raised around $800 million to date, including a Tencent-led $300 million Series D in February, 2019. Today’s round including financing from “existing and new investors,” Reddit noted in a blog post in which it announced the funding. In the post, Reddit notes that the company felt “now was the right opportunity to make strategic investments in Reddit including video, advertising, consumer products and expanding into international markets.”
It’s unclear how the round came together exactly, but given the network’s time in the spotlight over the past few weeks, culminating in yesterday’s very brief, but also very memorable and high-profile ad, it seems likely it was at least finalized fast in order to help the company make the most of its time in the spotlight. In terms of what kind of specific moves Reddit could make with its new cash on hand, the blog post also namecheck its acquisition late last year of short video sharing platform Dubsmash, and announced plans to double its team over the course of this year with new hires.
Reddit’s long history has also included some significant tumult, and efforts to clean up its act in order to present a better face to advertisers, and to potential new community members. The network still struggles with balancing its commitments to fostering a home for a range of communities with the potential for hate speech and discrimination to take root within some of these, and it was also in the news earlier this year for finally banning controversial subreddit r/donaldtrump following “repeat´d policy violations” surrounding the attempted insurrection a the U.S. Capitol by a mob of domestic terrorists.
Did it feel like a home game for Tampa Bay? Benjamin Hoffman, who covered the game for The Times, shared the view from his seat.
Other companies spent millions on ambitious commercials made for advertising’s biggest day. Reddit’s blip of an ad, made in under a week, connected.
The N.F.L. espoused racial unity and praised health care workers. But its inaction on racial diversity, its stereotypic imagery and its decision to host a potential superspreader event said something different.
Citing legal scholars, a reader debunks claims by Donald Trump that the Senate trial is unconstitutional. Also: Tom Brady, seven-time Super Bowl champion.
Reid told the police he had “two or three drinks” before slamming into a car that carried two small children last week. One is hospitalized with life-threatening injuries.
“Amazing!” Serena Williams said of Tom Brady’s seventh Super Bowl win. Of course, he’s never won a title while pregnant.
Between the puppies, a streaker, Bruce Springsteen, a hologram and the Weeknd’s hall of mirrors, all we can say is “No, no, no. Wow. Wow.”
At least one police officer appeared to get knocked to the ground as a large group of fans shoved each other in the city, a video showed.
The N.F.L. season persisted through challenges wrought by the coronavirus pandemic, political discord and a national reckoning on race to reach a familiar ending.
With help from his team’s fearsome pass rush, Tom Brady reminded Patrick Mahomes that he could still control the N.F.L.’s biggest stage.