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DraftKings To Merge With Other Companies, Go Public

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.

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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.

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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. Founded in 2012 and headquartered in Hamburg, Germany, Kreditech demonstrated its technology at FinovateSpring 2014.

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Power Trip: New Technologies From Tesla, Mercedes, Ikea, And Others Could Hold The Key To Widespread Solar Adoption

CB Insights

However, there are still major technological hurdles holding solar back from becoming a more widespread energy source. Where’s the innovation & money in renewables? One of the key drivers helping push innovation and adoption of new battery technologies is a sharp decrease in price. Lithium-ion batteries.

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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. Technology.

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Is It ‘A Bot Time’ For Payments To Jump On The Bot Bandwagon?

PYMNTS

The media has declared chatbots the digital version of the little black dress: a technology staple that every brand must now have and every payment type must now commerce-enable. WeChat was launched in 2011 by Chinese internet giant Tencent. We take our weather very seriously in Boston.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Company: AOptix Technologies. Select VC Investors: Bill Gates, CapX Partners, Constellation Technology Ventures. Company: Powa Technologies. The Nectar system had its roots at MIT’s Microsystems Technology Lab — and may have simply left the lab a few years too early. via Beta Boston. via TechCrunch. via Fortune.

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