Dan Primack Mar 10, 2017
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DraftKings adds $100 million

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.

Haley Britzky 1 hour ago
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Zuckerberg happy to testify if it is "the right thing to do”

A portrait of Facebook founder Mark Zuckerberg
A portrait of Facebook founder Mark Zuckerberg. Photo: Jaap Arriens / NurPhoto via Getty Images

Facebook CEO Mark Zuckerberg said he would be "happy" to testify before Congress if it was "the right thing to do," in an interview with CNN's Laurie Segall.

Why it matters: Facebook has been under the microscope lately for what Zuckerberg called earlier today the "Cambridge Analytica situation." Zuckerberg said if he as the "person...who will have the most knowledge," than he'd be the one to testify in the face of Facebook's data-collection situation.

Ina Fried 1 hour ago
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Zuckerberg: Facebook may have influenced election, may need to be regulated

Zuckerberg at F8 in 2017
Zuckerberg at F8 in 2017. Photo: Facebook

In a flurry of media interviews on Wednesday, Facebook CEO Mark Zuckerberg said he is willing to testify before Congress, that he can't guarantee that Russians didn't get their hands on Facebook user data and that he isn't sure Facebook shouldn't be regulated.

Why it matters: After remaining silent for several days, Mark Zuckerberg has given interviews with outlets including CNN, Wired, the New York Times and Recode. The interviews answer some, but definitely not all of the questions left unanswered by his earlier Facebook post.