Lucy: New chapter in the seemingly endless DraftKings–FanDuel story. This time, the daily fantasy sports companies will each pay the Commonwealth of Massachusetts $1.3M to settle allegations that they used unfair and deceptive practices, The Globe reported. The settlement will benefit consumer protection and youth education grant programs.
Dylan: Linkable Networks, a Boston startup that had raised more than $40M, has sold a number of assets to Collinson Group, a London-based consumer insights company, according to today’s Term Sheet newsletter. We’re expecting to get more details on this one, so we’ll share when we know more.
Lucy: Harvard Business School just announced its twelfth annual cohort of entrepreneurs-in-residence at the School’s Arthur Rock Center for Entrepreneurship. Throughout the academic year, these 21 entrepreneurs and investors will spend time on the HBS campus advising MBA students and working with faculty on research and course development. Selected entrepreneurs-in-residence include David Cancel, co-founder and CEO of Drift, and David Chang, who previously ran the PayPal Boston office. Read more: 21 Entrepreneurs-in-Residence Who’ll Advise the Next Cohort of Harvard MBA Students
Dylan: HUBWeek, which runs Oct. 10-15, just announced the 100 companies that will be participating in its Demo Day showcase, which will happen Oct. 14. As part of Demo Day, the startups will also compete for $150K in cash and in-kind prizes. The semi-finals will take place on Sept. 25 at District Hall, and the finals will be on Oct. 14, from 4 to 6 p.m. Demo Day participants include Flare, ClimaCell, RateGravity, Sleepbox, TellusLabs, Twiage, Wizio and nDash.
Lucy: More AI news today, this time about a partnership. Avitas Systems, a Boston-based GE venture, is partnering with NVIDIA to use some of the latest advances in artificial intelligence computing to optimize the use of robotics for inspection.