DraftKings and FanDuel will no longer merge

 DraftKings and FanDuel, the two biggest daily fantasy sports platforms that originally announced their intention to merge, have called it quits. This comes a month after the FTC announced they would sue to block the merger to prevent a potential monopoly in the industry, as the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests. Read More

Powered by WPeMatico

Overwatch is getting a city-based esports league with Robert Kraft as an owner

 Esports is growing up. Activision Blizzard just announced the Overwatch League, a new esports league built around Overwatch, which will be the first major esports league with a traditional city-based team structure, just like professional sports leagues. Seven teams are being announced today, based in Boston, New York, Los Angeles, Miami-Orlando, San Francisco, Shanghai and Seul. The first… Read More

Powered by WPeMatico

LiveLike will now let you watch sports with your Facebook friends in VR

 LiveLike, the service that partners with sports broadcasters to create and host their VR viewing experiences, is going social. As a refresher, LiveLike’s VR experience is a “virtual suite” overlooking the field, where you can select different camera angles, look around the suite, view pre-produced content, etc. We’ve looked at the experience before, and think it’s… Read More

Powered by WPeMatico

The FTC is attempting to block the DraftKings-Fanduel merger

 The Federal Trade Commission just announced they will authorize legal action to block the merger of DraftKings and FanDuel, the two largest daily fantasy sports sites in the U.S. Specifically, the commission will jointly file a complaint with the Attorneys General in California and the District of Colombia seeking a preliminary injection to stop the deal. They will also issue an… Read More

Powered by WPeMatico

Streaming sports startup FuboTV raises $55 million

 To expand its channel lineup and grow its customer base, FuboTV has raised $55 million in Series C funding led by Northzone, with participation from 21st Century Fox, Sky and Scripps Networks Interactive. That brings total funding to $75 million since being founded in 2014. Read More

Powered by WPeMatico

Shape-shifting ‘4D’ printed objects could pave the way for outer space structures

 It takes a lot of money to launch stuff into space — even by NASA terms. The cost ranges from around $9,000 to more than $40,000 per pound. With that sort of price tag, weight and space are at a major premium with shuttle missions, causing NASA to look for innovative new ways to create more compact payloads. A team at Georgia Institute of Technology is exploring a method that uses 3D… Read More

Powered by WPeMatico