Daily fantasy sports companies suffered another blow this week as authorities in Nevada deemed them gambling enterprises and ordered them to suspend operations in the state until they have proper licenses.
DraftKings, a leading player in the booming fantasy sports business, announced Monday that it raised $300 million from a group of investors that includes Fox Sports and three major sports leagues.
Tech company Yahoo is entering the realm of daily fantasy sports contests with a new product called Yahoo Sports Daily Fantasy.
Fantasy sports were once just a fun way for diehard fans to express their love of the game together with other zealots, without actually getting out on the field themselves.
Fantasy sports players can spend thousands of dollars and certainly that many hours developing sophisticated leagues and playing strategies steeped in analysis and superstition—all for teams that aren't real.
Yahoo on Friday said it bought social web-browsing startup Rockmelt, extending a buying spree started shortly after Marissa Mayer became chief last year.
Yahoo on Wednesday said it bought e-commerce platform start-up Lexity, racking up its 20th acquisition since Marissa Mayer became chief last year.
Yahoo forged ahead Wednesday on its months-long take-over binge with word that it had bought Xobni, a startup behind tools for better managing contact lists and email inboxes.
Yahoo on Tuesday announced it has bought a startup behind a smartphone movie application, extending a shopping spree launched after Marissa Mayer became chief of the Internet pioneer a year ago.
(AP)—NBC Sports Group and Yahoo announced a content and promotional deal that combines the website's sports reporting, college recruitment content and fantasy sports material with its partner's digital assets and television ...