Nov 21, 2017

FanDuel CEO leaves for e-sports startup

Nigel Eccles. Photo: Brendan Moran / Getty

FanDuel co-founder Nigel Eccles has stepped down as the fantasy sports company's chairman and CEO, in order to launch an e-sports startup.

Backstory: Eccles actually began planning the e-sports venture when FanDuel was in the midst of merging with DraftKings, after which he would have become chairman of the combined entity (with DraftKings boss Jason Robins serving as CEO). But then federal regulators successfully blocked the merger, leaving Eccles in a tricky position.

So tricky, in fact, that he misled his own internal PR rep about the e-sports effort when Axios inquired last month. He also didn't fully inform his full board, which struck the departure agreement late last week.

  • Next: FanDuel's new CEO is Matt King, a former FanDuel CFO who previously was with FanDuel backer KKR. The new chairman is Carl Vogel (ex-Dish Networks exec) while David Nathanson (ex-21st Century Fox) also joins the board as an independent director.

Go deeper

Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the United States.

The big picture: COVID-19 has now killed at least 2,250 people and infected almost 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

Go deeperArrowUpdated 7 mins ago - Health

Repatriated American citizens have doubled coronavirus cases in U.S.

Face mask discarded outside the Diamond Princess cruise ship. Photo: Tomohiro Ohsumi/Getty Images

The official number of confirmed cases of the novel coronavirus in the U.S. just doubled — to 34 — but public health officials are pointing out that these are mostly people who've been repatriated.

Why it matters: As concerns grow about a global pandemic, officials from the Centers for Disease Control and Prevention want to make sure the message gets out: "We are not seeing community spread here in the United States," Nancy Messonnier says.

Go deeperArrow2 hours ago - Health

Bernie opens up massive lead among college students

Data: College Reaction; Note: ±3.4 margin of error; Chart: Axios Visuals

In the last two months, Bernie Sanders has surged 20 points among college students to become the group's clear 2020 favorite, according to a new College Reaction/Axios poll.

Why it matters: The numbers reflect the extent to which young Democratic voters are embracing socialism and rejecting moderate choices.