
Paddy Power Betfair will put up $158m in cash and its US assets to merge with fantasy sports platform FanDuel, which is backed by Alphabet, Comcast and Time Warner.
News aggregation app NewsDog has raised funding in a Tencent-led round that included DotC United and Legend Capital.
Investors including CA Mobile, IT Media and Voyage Group are in line for an exit in an offering for the advertising services provider projected for mid-June.
The unit will provide up to $150,000 in funding for gaming or eSports projects in Eastern Europe.
The online video collaboration platform has closed its series A round at $13.9m after securing new funds from investors including You & Mr Jones.
Daily fantasy sports platform FanDuel is in talks to be acquired by Paddy Power Betfair, allowing Comcast, Time Warner and Alphabet to exit.
Ex-GV partner Eze Vidra has joined Kevin E. Baxpehler, formerly of ProSiebenSat.1, to set up a corporate-backed media fund that is raising $40m.