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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston. DraftKings was founded in 2011.

Las Vegas 130
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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. Innovation by Any Other Name. Back here in the U.S.,

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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub. The 350,000-square-foot facility is planned for Westborough, Massachusetts, a community roughly 35 miles west of Boston. Amazon’s Big Robotics Investment .

Apple 101
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How Adore Me Discovered The Data Behind Lingerie Models

PYMNTS

That “team of geeks” would be the folks at Adore Me , the disruptive eCommerce lingerie startup founded by a Harvard Business School student in 2011 after he couldn’t find his girlfriend any affordable lingerie online for their anniversary. Since its founding, Adore Me has grown into a business that saw $43 million in sales in 2015 alone, 6.5

Data 100
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Kreditech Taps mBank Veteran Michal Panowicz To Lead on Products, Technology

Fintech Labs Insights

Panowicz, who worked for fellow Finovate alum mBank as Senior Director and Managing Director from the fall of 2011 to the spring of 2015, will be responsible for Kreditech’s product and technology departments. His long tenure in finance and technology includes stints at Alior Bank, Microsoft, eBay, and The Boston Consulting Group.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

In the 1950s and 1960s, the biggest innovations in breakfast were Eggo Waffles and Pop-Tarts. “Cereal used to be the only breakfast option, [but] there’s a lot more to choose from than there ever used to be,” says Andrew Shripka, Kellogg’s associate director of brand marketing. . 2019 LUXURY TRENDS TO WATCH.

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.