Wednesday, August 1st, 2018

MGM Resorts International Teams up with the NBA
Company Press Release

Both organizations announced a new multi-year partnership that will make MGM Resorts the official gaming partner of the NBA and WNBA.

The partnership allows MGM Resorts to use official NBA and WNBA data and branding, on a non-exclusive basis, across MGM Resorts’ land-based and digital sports betting offerings throughout the United States.

Both parties will also team up to create a series of integrations across NBA platforms, including a special digital content series.

Heinz Commits to Sustainable Packaging
Company Press Release

The company announced plans to make 100 percent of its packaging recyclable, reusable or compostable by 2025.

It looks to partner with packaging experts, organizations and coalitions to explore solutions to reach that target.

Pandora Launches a Programmatic Advertising Marketplace
Company Press Release

The company announced that it’s giving advertisers the option to reach and engage with its ad-supported listeners in the United States.

Pandora stated that its programmatic audio solution has been used by more than twenty brand partners including P&G, Gatorade and Sony Pictures.

According to the company, 92% of its audience is ad-supported — which is more than double the size of its music streaming competitors.

Logitech Acquires a Microphone Company
Company Press Release

The company announced that it will be acquiring California-based, Blue Microphones, in an all cash deal of $117 million.

Blue Microphones is a leader in studio-quality microphones for professionals and consumers.

The transaction is expected to close by the end of August 2018.

Zillow Rolls Out New Tools
Company Press Release

The company announced new tools that let renters apply for multiple rentals with one application.

Many renters live in highly competitive markets and are on tight timelines, the online applications feature looks to streamline the process and help renters secure their next home quickly, and efficiently.

The company also announced additional new tools for landlords which help them manage tenant screening, perform background checks, and collect rent all within their account.

BMW Expands its Production Network in Europe
Company Press Release

The company announced that it will be building a new production facility in Hungary.

The new facility will cost approximately €1 billion, offer a capacity of up to 150,000 units a year and create over 1,000 new jobs.

Last year, Europe accounted for almost 45 percent of all vehicle sales, with 1.1 million units sold.

Brandless Gets New Funding
Company Press Release

The company announced on Tuesday that it has raised $240 million in Series C funding, led by the SoftBank Vision Fund.

Brandless plans to use the funding to deepen its investment in data science and accelerate the creation and distribution of new products and categories inspired by its community.

The company sells an assortment of goods including organic, non-GMO food, clean beauty and personal care products, non-toxic cleaners and home goods.