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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.

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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.

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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Our enhanced agreement with DraftKings provides innovative opportunities as we look to deliver a best-in-class fan experience,” Giants Chief Commercial Officer Pete Guelli said in a statement. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

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46 Corporations Working On Autonomous Vehicles

CB Insights

Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. It then also became the first to test such technology on public streets in Boston, Massachusetts. Separately, Daimler has been testing its own autonomous trucks in Nevada since May 2015. Aptiv hits the road for testing.

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

CB Insights

Where’s the innovation & money in renewables? Now, several innovative new methods for storing solar energy are gaining traction, from lithium-ion batteries to substances that have high heat-holding capacities, like molten salt. Free: What’s the latest in renewable energy? a brewing MATERIALS issue.