Links 11/4: FanDuel expects fewer ads, more laws, and no IPO anytime soon

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iPipeline hiring developers, analysts as sales jump (Philly Deals)

FanDuel CEO: Expect Fewer Ads, More Laws, and No IPO Anytime Soon (Bloomberg)

As we were saying: "Its too early to say, but there's a chance that DraftKings and FanDuel may have suffered irreperable damage from the alleged insider dealing scandal at DraftKings, Even if every one is cleared of wrongdoing, it still puts the spotlight on them and its unclear whether states and the federal government will continue to find their games legitimate." Philly Tech News: 10/25/2015.

Wi-Fi Alliance tries to win consumer support as LTE-U showdown looms (PC World)


EPAM Reports Results for Third Quarter 2015 (Globe Newswire)
Revenue increased to $236 million, up 22.5% over the same period last year. Quarterly diluted EPS on a GAAP basis was $0.44, up from $0.38 in the third quarter of 2014.
EPAM Systems, based in Newtown, now has a market cap of almost $4 billion.

MeetMe Reports Third Quarter 2015 Financial Results
Mobile Revenue Increased 73% Year Over Year
Like Facebook, MeetMe has almost completed its transition to mobile, achieving 81% of revenue from mobile in its last quarter.

Ex Comcast exec creates the "anti TV channel" (Press of Atlantic City)

Union leader: Philly.com 'gutted' by layoffs (Philadelphia Inquirer)

CenturyLink Meets Q3 Earnings Expectations; Considers Selling Data Centers (CRN)

Jet: Clear sailing or desperation for ecommerce startup's next financing round?

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Jet.com raises $500 million from Fidelity
(Fortune)

Actually, the Wall Street Journal's description of Jet's position is that it is much more tenuous than that, and that the $500 or $550 million has not actually been committed yet.

This is a shorter version of the WSJ article on Jet, carried by Dow Jones on another site, no subscription required.

From the Journal article:

"The new round of funding would value Jet, which began operations in July, at $1.55 billion, according to people familiar with the matter. Mutual-fund giant Fidelity Investments is in talks to lead the round with a $90 million investment, according to these people. They said the financing wasn't yet closed.

When Jet began the fundraising effort in October, it had hoped for a $2 billion valuation, the Journal reported earlier. Over the summer, Jet discussed a valuation of $3 billion with investors."


Somewhat disparate views; perhaps tomorrow we'll get clearer picture.