• New York A.G. Dismasts DraftKings And FanDuel
    Things have gotten thornier for fantasy sports sites DraftKings and FanDuel, not to mention the digital fantasy sports business. After Nevada determined that the two are gambling operations, New York's attorney general Eric Schneiderman said Tuesday that daily fantasy sports constitute illegal gambling in his state and sent cease-and-desist notices to game operators. The A.G. demanded that DraftKings and FanDuel stop accepting "wagers" from New York residents.
  • Is There A Mystery Car Company Chasing Tesla?
    It has the makings of a speculative fiction about a genius in a cave building machines with his robot, Crankshaft. A mysterious electric car company is building a billion-dollar manufacturing plant and, apparently, stealing some auto world geniuses. It is called, with fictive aplomb, Faraday Future, a clear salvo against Tesla, as Faraday was, like Nicolai Tesla, a physicist. The company now has more than 400 employees, and is said to be hiring 10 staffers per week, among whom are who's who types.
  • Instagram Marketing Program Invites Brand Spending
    Instagram is bringing on lots of ad tech vendors to support ads and marketing, as part of the Instagram Partner Program, announced by Facebook's image-sharing app. It gives brands new ways to deliver paid and non-paid marketing messages to people's feeds. Facebook says there are 40 ad tech companies participating in the ecosystem, including Nanigans, Adaptly, Hootsuite, Tongal and SocialCode.
  • McDonald's To Increase Cost Cuts To $500 Million
    McDonald's Corp. plans to increase planned general and administrative cost cuts to $500 million, take on more debt and return more cash to shareholders as the latest part of its turnaround plan, the company said Tuesday. The Oak Brook, Ill.-based quick-service operator plans to refranchise a total of 4,000 restaurants by 2018, and is planning for a long-term goal to be 95% franchised. What it won't do is a real estate spinoff, though investors were seeking that move.
  • Chipotle's E. Coli-closed Sites May Reopen Wednesday
    Chipotle restaurants in Washington may reopen as soon as Wednesday after samples tested negative for E. coli linked to an outbreak that sickened dozens in Washington and Oregon, health officials said Monday. Tests of thousands of produce samples turned up negative for the Shiga toxin-producing E. coli O26 bacteria tagged as the culprit.
  • U. Colorado School Of Medicine Returns Check To Coca-Cola
    The University of Colorado School of Medicine is returning a $1 million grant from Coca-Cola Co. that had been earmarked for the creation of the Global Energy Balance Network (GEBN), a nonprofit group of scientists that emphasized the link between lack of exercise and obesity over diet choices. Coca-Cola and GEBN were at the center of controversy earlier this year because Coca-Cola was a major funder of GEBN.
  • Pizza Hut Debuts Triple Treat Box
    Pizza Hut has come up with a holiday offering that might be thought of as a pizza armoir: a three-level Triple Treat Box that includes separate drawers for pizza, breadsticks and desserts. The pizzas are in a miniature cardboard taboret cabinet. You get two medium one-topping pizzas, breadsticks and an eight-slice chocolate chip cookie. Price: $19.99.
  • UFC's Ronda Rousey Is A Monster Thanks To Monster Energy
    On the eve of he next title defense, UFC undefeated Bantamweight Champion Ronda Rousey has signed a deal with Monster Energy to represent the company in marketing, activations and in MMA matches with a logo on her gear. Rousey's endorsement roster also includes Carl's Jr., Reebok, Metro PC, Snail Games, Monster headphones and Buffalo clothing and accessories. Rousey's next bout is this Saturday, Nov. 14, against Holly Holm at UFC 193 in Etihad Stadium in Melbourne, Australia.
  • Volkswagen Offers Vouchers And Gift Cards To Owners
    Owners of Volkswagen vehicles involved in a diesel cheating scandal are set to receive $1,000 in gift cards and vouchers, as well as free roadside service, as part of a goodwill gesture, the maker announced Monday. The move affects owners of 482,000 vehicles equipped with VW's 2.0-liter diesel engines sold in the U.S. over a seven-year period. "We are working tirelessly to develop an approved remedy for affected vehicles," said Volkswagen Group of America CEO Michael Horn.
  • Campbell Taking Cues From Tech For Internal Changes
    Campbell Soup Co. wants to emulate Silicon Valley. It has increased digital spend from 22% of its ad budget to just over 40% this year. In Campbell's annual filing, it laid out plans to embrace digital marketing and e-commerce. Integrated marketing vp Yin Woon Rani, in this Q&A, says digital means mobile and its about following consumers. "Being connected to the millennial group is the big shift for us. It's logical. We just need to move where the consumers are."
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