Report: DraftKings And FanDuel Aren’t Paying Vendors, Have Almost No Cash On Hand

Photo credit: Phelan M. Ebenhack/Getty Daily fantasy heavyweights DraftKings and FanDuel are in dire financial straits, months behind on payments to vendors and suffering from extreme cashflow problems, according to the New York Times. Joe Drape reports that DraftKings and FanDuel are close to a settlement with New York state attorney general Eric T. Schneiderman,…

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Agony, Alarm and Anger for People Hurt by Theranos’s Botched Blood Tests – WSJ

They led to changes in medical treatment and a scramble for answers; some patients weren’t told for months about unreliable results By Christopher Weaver Sheri Ackert worried she might have a new tumor. Steve Hammons stopped taking his blood-thinning medication. Kimberly Toy emptied the pasta and sweets from her cupboards and said: “I can’t believe this…

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Internet mysteries: Where does the disappearing ad dollar go? – Digiday

Publishers continue to gripe about ad tech’s complexity and transparency. And their frustrations were amplified earlier this month when the Guardian’s CRO, Hamish Nicklin, revealed that in some cases the publisher was only getting 30 percent of ad dollars spent programmatically. The Guardian case study raised a host of questions: Are these low yields common? Who…

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