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DraftKings Hopes To Score On April IPO Despite Live Sports Desert

PYMNTS

The Boston-based company will go public through a reverse merger, under terms of a deal made last December with gaming technology provider SBTech and sports acquisition company Diamond Eagle Acquisition Corp., As part of this deal, shares will be issued in the company’s DEAC Nevada unit as well. which is publicly traded.

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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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Virtual Currency Case Could Determine CFTC?s Power Over Crypto

PYMNTS

In January, the CFTC filed the lawsuit in federal court, alleging that a Nevada-based company, its founder, technology entrepreneur Randall Crater, and another individual defrauded more than $6 million from customers seeking to buy My Big Coin.

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15 Early-Stage Drone Companies To Watch

CB Insights

We used the CB Insights platform to surface 15 notable, early-stage startups developing technologies related to unmanned aerial, marine, and/or land vehicles designed for unstructured environments. Headquarters: Reno, Nevada. Headquarters: Boston, Massachusetts. Select Investors: Environmental Technologies Fund.

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46 Corporations Working On Autonomous Vehicles

CB Insights

They are a diverse group of players, ranging from automotive industry stalwarts to leading technology brands and telecommunications companies. This list is not intended to be exhaustive of corporations working on autonomous vehicle technology. Top initiatives: Filed patent in 2016 for autonomous lane-switching technology.

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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. While Tesla’s storage solutions have gotten a lot of the recent attention around new renewable technologies, a surprising player also recently entered the fray. Free: What’s the latest in renewable energy?