Archive for December 2019
DraftKings to grow its workforce, revenue after merger
Boston-based DraftKings, which has a total of over 850 employees, will maintain its growth plans following an agreement with Diamond Eagle Acquisition Corp. to become a publicly traded company as part of a merger, the company said. Read More
Read MoreMid-December tax receipts down 4.4%
Tax collections over the first half of December are off by 4.4 percent, or $42 million compared to the same period in December 2018, with most of the change attributable to a drop in income withholding payments, according to state data. Read More
Read MoreBroker loses appeal in $1M lawsuit against Cumberland Farms, but the case isn’t over
The president and CEO of The Howard Group in Colonie alleges his firm wasn’t paid the full amount for services associated with scouting new Cumberland Farms locations. Read More
Read MoreCar sharing emerges as the next battle over regulating the gig economy in Mass.
As peer-to-peer car-sharing services like Turo, Getaround and Maven begin to grow in popularity, car sharing is emerging as the latest front in the regulatory battles between established industries — in this case, car rental companies — and players the new gig economy. Read More
Read MoreAmazon comes under fire for injuries at Fall River warehouse
Elizabeth Warren, Ed Markey and Joe Kennedy sent a letter to Amazon CEO Jeff Bezos related to a recent investigation into safety conditions at Amazon facilities. Read More
Read MoreDraftKings plans to go public as part of merger
DraftKings plans to become a public company as part of an agreement that also brings in a gambling tech firm under the Boston-based sports gaming and online betting company’s umbrella. Read More
Read MoreSarepta to get $1.1B up front in Duchenne deal with Roche
Shares of Sarepta Therapeutics jumped in premarket trading on Monday on the news. Read More
Read MoreFive things you need to know today, and the ‘we’re all in a simulation’ guy is back
Good morning —here are the 5 Things You Need to Know to start your day, and an Oxford philosopher’s theory on why state-run AI surveillance might save us from total annihilation. Read More
Read MorePlymouth Rock makes a startup-like insurance tech play
The Boston-based company is now asking many applicants for little besides their name, birth date and address. Read More
Read MoreHow many chiefs are too many chiefs?
There are now 11 executives holding a “chief” job title in HubSpot’s management team, following the addition of the company’s first-ever chief customer officer. For comparison, enterprise software maker PTC Inc. counts only four chiefs. Read More
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