Charles Krupa / AP

Fantasy sports site DraftKings yesterday announced that it has closed an undisclosed amount of Series E-1 funding led by Eldridge Industries, a group led by LA Dodgers part-owner Todd Boehly. Bloomberg reported that the round amount was around $100 million, which we've also confirmed with sources.

Why this matters: DraftKings is currently awaiting regulatory approval to merger with rival FanDuel, which is quietly raising its own new round of funding (set to close within a few weeks). If the merger goes through, then the combined fantasy sports giant has newly-stocked coffers. If it is rejected, then each company has enough capital to continue operating independently. Expectations are that the companies will receive the thumbs up or down in early summer.

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Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 30,065,728 — Total deaths: 944,604— Total recoveries: 20,423,802Map
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 6,674,070 — Total deaths: 197,615 — Total recoveries: 2,540,334 — Total tests: 90,710,730Map
  3. Politics: Former Pence aide says she plans to vote for Joe Biden, accusing Trump of costing lives in his coronavirus response.
  4. Health: Pew: 49% of Americans would not get COVID-19 vaccine if available today Pandemic may cause cancer uptick The risks of moving too fast on a vaccine — COVID-19 racial disparities extend to health coverage losses.
  5. Business: Retail sales return to pre-coronavirus trend.
Ina Fried, author of Login
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Scoop: How the Oracle-TikTok deal would work

Illustration: Aïda Amer/Axios

An agreement between TikTok's Chinese owner ByteDance and Oracle includes a variety of concessions in an effort to make the deal palatable to the Trump administration and security hawks in Congress, according to a source close to the companies.

Driving the news: The deal, in the form of a 20-page term sheet agreed to in principle by the companies, would give Oracle unprecedented access and control over user data as well as other measures designed to ensure that Americans' data is protected, according to the source.

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How the EU plans to take on human rights abusers

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Driving the news: Europe's chief executive Ursula von der Leyen revealed in her first-ever State of the Union speech that she will bring forth a European Magnitsky Act, a sanctions framework modeled after a U.S. law that restricts malign actors' access to travel and the global financial system.