Mobile Minutes: FanDuel crackdown; Snapchat marked down; Shopify on top; T-Mobile’s free video streaming
N.Y. AG’s order deemed ‘crushing’ for FanDuel, DraftKings
It’s a crackdown on daily fantasy sports’ largely unregulated gameplay, after New York Attorney General Eric Schneiderman ordered FanDuel and DraftKings, two biggest fantasy sports companies, to stop accepting bets in the state.
Read more on CBS News
Fidelity marks down value of Snapchat stake by 25pc
A prominent investor in Snapchat Inc. is marking down the value of its stake in the ephemeral-chat startup. Mutual-fund group Fidelity Investments reduced its estimated value of its stake in Snapchat by 25 percent in September, according to regulatory filings.
Read more on The Wall Street Journal
Shopify became Canada’s tech darling by making shopping easier
When a five-button water dispenser arrived at Shopify’s Toronto office, the head of marketing had it replaced with a machine that has just one option.
Read more on The Toronto Star
T-Mobile offers free video streaming for Netflix, HBO, others
No. 3 wireless carrier T-Mobile says it will let customers watch more online video from Netflix, HBO and others without paying for it. However, the free video streams will be in lower, 480p resolution.
Read more on USA Today