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☆ NBA roundup: Suns win in Kevin Durant's debut
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +7 min

Bucks 139, Magic 117Giannis Antetokounmpo collected 31 points, seven rebounds and six assists to fuel streaking Milwaukee's victory over visiting Orlando. Orlando's Cole Anthony scored a season-high 28 points off the bench and Markelle Fultz recorded 21 points, seven rebounds and five assists. Jalen Williams led Oklahoma City with 24 points and chipped in seven assists, while Josh Giddey added 22 points, 11 assists and nine rebounds. The 76ers, who snapped a two-game skid that included a home loss to the Heat, also got 23 points, seven rebounds and five assists from James Harden. Ja Morant had 20 points, seven rebounds and seven assists for Memphis, which led by as many as 28 and won its third straight.

☆ College students are drowning in textbook costs. There's a push in Congress to make them free.
▼ + stars: | 2023-03-01 | by ( Madison Hall | ) www.businessinsider.com time to read: +9 min

Some members of Congress have joined the movement to provide free textbooks to university students. The college textbook landscape, however, isn't a free market, as students must buy whichever course materials their professor selects for their class. As states across the country create their own grants for open textbooks, members of Congress have also begun to take notice. "We are helping cut the cost of attending college by supporting the creation and expansion of open college textbooks," Durbin told Insider in a statement. And while there's no timeline for the Affordable College Textbook Act to make it through Congress, federal legislators have granted $47 million in funds for open textbooks since 2018 as part of the Open Textbook Pilot Program.

☆ Mark Zuckerberg and Elon Musk have been publicly criticizing each other for years — but now Meta is mirroring Twitter
▼ + stars: | 2023-02-25 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

With the launch of Meta Verified, Mark Zuckerberg is appearing more like Elon Musk by the day. Now, let's look at why people are starting to say that Zuckerberg "idolizes Elon Musk." With the announcement of Meta Verified, Meta's new verification subscription service for Facebook and Instagram, many have drawn comparisons between Mark Zuckerberg and Elon Musk. Schilsky added: "I think it's clear that Mark Zuckerberg idolizes Elon Musk." Black VCs like Beta Boom's Kimmy Paluch are addressing long-standing diversity, equity, and inclusion issues in the industry head-on.

☆ Britain's post-Brexit asset management revamp eyes liquidity, tokenisation
▼ + stars: | 2023-02-20 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

Until Britain's departure from the European Union in 2020, rules for the UK funds sector were written in Brussels. The sector has fallen short in dealing with stresses in recent years in Britain and elsewhere due to inadequate liquidity, prompting scrutiny globally. "The regulatory framework contains rules around liquidity management. "But the growth of the fund industry means that liquidity management in funds is also relevant to the good functioning of markets," the discussion paper out for public consultation said. The FCA said it wants to see fund managers complying with liquidity stress testing guidelines issued by the EU's securities watchdog ESMA, which will be converted into UK rules.

The 2023 NBA All-Star game will air live on TNT at 8:30 p.m. ET TNT NBA All-Star Game February 19, 8:30 p.m. ET TNTHow to watch the 2023 NBA All-Star GameYou can watch the 2023 NBA All-Star game on TNT; the draft begins at 7:30 p.m. Of those options, Sling TV is the most affordable service that lets you stream the NBA All-Star Game. The teams for the 2023 NBA All-Star Game will be decided by a draft before the game.

☆ The Recession Special That Always Satisfies: Gray’s Papaya Then and Now
▼ + stars: | 2023-02-15 | by ( Kevin Doyle | Photographs F. Martin Ramin The Wall Street Journal | ) www.wsj.com time to read: 1 min

For the Time Capsule series, we spotlight a cherished restaurant, hotel or landmark that’s changed remarkably little over the years. This week, we visit Gray’s Papaya in New York City. THENIn 1973, Nicholas Gray, a Chilean-born adventurer of sorts who worked at Arctic radar stations to pay for college, ditched his Wall Street stockbroker job to open a Papaya King franchise on the corner of Broadway and 72nd St. Two years later, released from the franchise contract, Mr. Gray renamed the plum spot Gray’s Papaya and slashed the cost of a hot dog from 75 cents to 50 cents, announcing the price cut on a big white sign (the first of many) exclaiming “Hot Dog Revolution!” in emphatic red letters.

☆ The Recession Special That Always Satisfies
▼ + stars: | 2023-02-15 | by ( Kevin Doyle | Photographs F. Martin Ramin The Wall Street Journal | ) www.wsj.com time to read: 1 min

☆ Instant View: New Biden EV charger rules stress Made In America, force Tesla changes
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +4 min

The White House seeks to give consumers unfettered access to a growing coast-to-coast network of EV charging stations, including Tesla Inc's (TSLA.O) SuperChargers. KEVIN DEMPSEY, PRESIDENT AND CEO OF THE AMERICAN IRON AND STEEL INSTITUTE"The domestic steel industry is prepared to play a strong role in the expansion of our national EV charging infrastructure. "It was a surprise to us that they would require assembly immediately given that domestic manufacturing for high-power charging infrastructure is starting basically from scratch. BRENDAN JONES, PRESIDENT AT CHARGING STATION OPERATOR BLINK CHARGING"These rules are absolutely in line with Blink's expectations. EV MAKER FISKER"Fisker supports a strategy that allows all charging providers to expand the charging network across the US as fast as possible.

☆ NBA roundup: Bucks take advantage of undermanned Celtics
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +4 min

The Celtics played without four starters: Jayson Tatum (illness), Jaylen Brown (facial fracture), Marcus Smart (ankle) and Al Horford (knee). Deandre Ayton provided the Suns with 29 points and a team-high 11 rebounds, while Chris Paul had 17 points to complement a season-high 19 assists. Kristaps Porzingis contributed 28 points, 12 rebounds and five assists, while Bradley Beal scored 19 points and Kendrick Nunn added 10 for Washington. Scottie Barnes added 17 points, and Precious Achiuwa amassed 11 points and 13 rebounds. Wendell Carter Jr. scored 26 points for the Magic, who have alternated wins and losses for the past six games.

☆ Defiant Man City see off Villa to close gap on Arsenal
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +3 min

MANCHESTER, England, Feb 12 (Reuters) - Manchester City produced a defiant response to the Premier League's charge sheet as they comfortably beat Aston Villa 3-1 to close to within three points of leaders Arsenal on Sunday. Goals by Rodri, Ilkay Gundogan and Riyad Mahrez put the result beyond doubt by halftime as City got back on track following last weekend's loss at Tottenham Hotspur. Villa were left with mission impossible when Mahrez tucked away a penalty in first-half stoppage time after Jacob Ramsey was adjudged to have tripped former Villa player Jack Grealish. Champions City have 48 points from 22 games to Arsenal's 51 from 21 and can go top if they win at Arsenal on Wednesday. "It was a bad result, but we have to learn and use it in the next matches."

☆ NBA roundup: Kings spoil Mavs' Luka Doncic-Kyrie Irving debut
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +8 min

Kevin Huerter scored all 15 of his points in the second half, Trey Lyles added 14 points and Harrison Barnes had 13 for the Kings. Mikal Bridges scored 23 points in his Nets debut after being obtained from the Phoenix Suns on Thursday for Kevin Durant. The Hornets' losing streak reached seven games despite LaMelo Ball coming within a rebound of a triple-double. Jokic, who pulled in seven offensive rebounds, scored 40 points in a mid-December home victory against the Hornets. DeMar DeRozan followed with 16 points, and Nikola Vucevic notched a double-double of 14 points and 14 rebounds.

☆ Super Bowl, Durant and Golf: The Week Phoenix Conquered Sports
▼ + stars: | 2023-02-11 | by ( Andrew Beaton | ) www.wsj.com time to read: 1 min

PHOENIX—Mayor Kate Gallego woke up on Thursday to the news that many of her constituents considered the most important development of her tenure: the Phoenix Suns had traded for superstar Kevin Durant. “My most popular tweet of my entire political career was the one welcoming Kevin Durant,” the Phoenix mayor says. Gallego even noted the tweet’s popularity even outpaced an announcement about a $40 billion deal to build iPhone chips in the city. “That did not do as well as Kevin Durant.”

☆ Trades Like the Kevin Durant Deal Never Happen. Here’s Why This One Did.
▼ + stars: | 2023-02-11 | by ( Robert O'Connell | ) www.wsj.com time to read: 1 min

After Mat Ishbia , the new owner of the Phoenix Suns and Mercury, officially took over the NBA and WNBA franchises this week, he held a press conference at which he described his vision for employee acquisition and retention, which he considered the backbone of his company, United Wholesale Mortgage. “We want to get the best people to join the Suns and Mercury ,” Ishbia said. “We want to train them, coach them to be the best version of themselves, and then treat them so well they never want to leave.”

☆ Robert Kraft says Jeff Bezos would be a 'great owner' of Washington Commanders as Dan Snyder reportedly awaits higher bids
▼ + stars: | 2023-02-11 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

New England Patriots owner Robert Kraft told Fox Business that Jeff Bezos would be a "great owner." Bezos repeatedly has been mentioned as a possible buyer of the Washington Commanders. However, Commanders owner Dan Snyder reportedly is waiting for bids to cross the $7 billion mark. Also complicating a potential Bezos bid are reports that Snyder is opposed to selling the team to the man who owns the Washington Post. People close to Bezos have denied New York Post reports claiming that he could potentially sell the Washington Post in order to buy the Commanders.

☆ NBA roundup: Bucks best Clippers for 10th straight win
▼ + stars: | 2023-02-11 | by ( ) www.reuters.com time to read: +9 min

Brandon Boston Jr. scored 20 points and Paul George added 19 points and 11 rebounds for the Clippers. Norman Powell had 16 points and Marcus Morris Sr. scored 15 for Los Angeles, which has lost two games in a row. Domantas Sabonis put up 18 points, 11 rebounds and a team-high seven assists for the Kings. Detroit's Jaden Ivey supplied 17 points, eight rebounds and eight assists, while Isaiah Stewart had 15 points and 11 rebounds. Desmond Bane added 20 points, seven rebounds and five assists, while Jaren Jackson Jr. tallied 15 points and six rebounds.

☆ NBA roundup: Bucks win ninth straight as Lakers rest LeBron James
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +3 min

Khris Middleton scored 22 points off the Milwaukee bench, and Jrue Holiday finished with 18 points, seven rebounds and seven assists. Nikola Vucevic added 15 points and 17 rebounds and DeMar DeRozan finished with 14 points. Cole Anthony and Bol Bol scored 17 apiece as the Magic won for the third time in four games. Hawks 116, Suns 107Trae Young collected 36 points, 12 assists and seven rebounds to fuel host Atlanta to victory over short-handed Phoenix. Ish Wainright scored 17 points and Chris Paul added 15 points and eight assists for the Suns, who saw their three-game winning streak come to a halt.

☆ Kevin Durant and Kyrie Irving Are Gone. The Brooklyn Nets Start Over Again.
▼ + stars: | 2023-02-09 | by ( Jason Gay | ) www.wsj.com time to read: 1 min

Kevin Durant is on his way to the Phoenix Suns, and there’s excitement within the basketball dorkosphere about how his arrival changes the balance of power within the NBA’s Western Conference, and what it will be like to see Durant in grape and orange versus former frenemies in Golden State—not to mention his departed-to-Dallas buddy, the point guard provocateur, Kyrie Irving. But I don’t want to talk about that stuff.

☆ The Brooklyn Nets Trade Kevin Durant to the Phoenix Suns
▼ + stars: | 2023-02-09 | by ( Robert O'Connell | ) www.wsj.com time to read: 1 min

The Brooklyn Nets have agreed to a blockbuster trade sending All-NBA forward Kevin Durant to the Phoenix Suns, completing the near-overnight teardown of the failed superteam that it built hoping to dominate the NBA for years. The deal, coming just days after Brooklyn traded Kyrie Irving to the Dallas Mavericks, shakes up the league hours ahead of Thursday afternoon’s trade deadline. The Suns are sending Brooklyn a trio of forwards in return—Cam Johnson, Jae Crowder and dynamic defender Mikal Bridges—in addition to four first-round picks and a pick swap in 2028. The Suns also receive forward T.J. Warren. The trade was first reported by ESPN and The Athletic.

☆ Suns acquire Kevin Durant from Nets, say media reports
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +3 min

The Suns add Durant to an underachieving squad that sits at 30-26, tied for fourth place in the Western Conference. The NBA trade deadline is Thursday. In 39 games this season, Durant is averaging 29.7 points, 6.7 rebounds and 5.3 assists. He averaged 9.5 points and 2.8 rebounds for Brooklyn, well below his career norms of 15.1 points and four rebounds. As he heads to the eighth team in his NBA career, he has averages of 9.6 points and 4.3 rebounds.

☆ Nets forward Durant traded to Suns - reports
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

Feb 9 (Reuters) - The Brooklyn Nets have traded All-Star forward Kevin Durant to the Phoenix Suns in a swap deal that includes four other players and future first-round picks, American media reported on Thursday. While Harden was traded to the Philadelphia 76ers, Irving moved to the Dallas Mavericks earlier this week, bringing the curtains down on Brooklyn's 'Big Three' experiment. Durant, 34, won back-to-back championships with the Golden State Warriors where he was also named NBA Finals MVP in both title-winning seasons. Both the Nets and the Suns are fifth in their respective conferences. ET on ThursdayReporting by Rohith Nair in Bengaluru; editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

One of the really interesting questions here – this will be fascinating – the core of linear TV is sports rights. When you look at the size and scope of the linear TV business, it's huge. Patrick T. Fallon | Afp | Getty ImagesByron Allen, Entertainment Studios founder and CEO: I think linear TV will exist for a very, very long time. Simmons: I believe Apple, out of nowhere, will start making their own awesome televisions that have Apple TV embedded in them. We are witnessing early stages of this dynamic with deals like "NFL Sunday Ticket" on YouTube and the MLS deal with Apple TV.

☆ This college dropout sold his first company for six figures at 21. Here's his recipe for success
▼ + stars: | 2023-02-06 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

When Kevin Kim dropped out of college at 21 to become an entrepreneur, it seemed like a huge gamble. Kim had just sold his first company — which he started when he was just 18 — for "six figures." His e-commerce company imported streetwear from South Korea and sold it all over North America, he told CNBC Make It. The importance of company culture cannot be underestimated, Kim stressed, if one wants to build an "iconic long-term company." Kevin Kim Co-founder and CEO, Stadium Live

☆ Big Tech got crushed by falling ad prices, and the damage could last well into 2023. Here's exactly how much ads cost on Google, Meta, Amazon, YouTube, TikTok and Snap.
▼ + stars: | 2023-02-06 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +8 min

Meta, Google, and Snap reported declines in ad sales, or flat ad revenue, during the fourth quarter. Out of the four big ad-supported tech companies — Google, Meta, Amazon, and Snap — only Amazon reported that its ad business grew year-over-year in the fourth quarter. Meta's ad prices have declined as the company rebuilds its ad business with artificial intelligence after getting hit by Apple's app-tracking privacy crackdown. While CPMs fell year-over-year during the fourth quarter, ad prices were 7.2% higher in the fourth quarter compared to the third quarter, according to Northbeam. The average return on Meta ad spend during the fourth quarter was $1.96, up from $1.30 in the first quarter of 2022.

☆ Nets trade All-Star guard Kyrie Irving to Mavericks, reports say
▼ + stars: | 2023-02-05 | by ( ) www.reuters.com time to read: +2 min

Feb 5 (Reuters) - The Brooklyn Nets have traded All-Star guard Kyrie Irving, whose tenure with the club included dozens of missed games due in part to his refusal to get the COVID-19 vaccine, to the Dallas Mavericks, according to reports on Sunday. Prior to his apology, the Nets suspended Irving for at least five games, saying that despite holding two news conferences, he had refused to disavow anti-Semitism. That followed a 2021-22 season during which Irving played only 29 of the Nets' 82 regular season games as he refused to comply with New York City's COVID-19 vaccine mandate. Irving was selected with the first overall pick of the 2011 NBA Draft by the Cleveland Cavaliers, where he spent six seasons before being traded to the Boston Celtics. Reporting by Frank Pingue in Toronto Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Brooklyn's Kyrie Irving is going to the Dallas Mavericks
▼ + stars: | 2023-02-05 | by ( ) www.cnbc.com time to read: +4 min

The Mavericks and Brooklyn Nets agreed Sunday on a blockbuster trade: Irving — the super-talented and often-enigmatic eight-time All-Star point guard — heads to Dallas, ending the pairing with Kevin Durant that never really had a chance to click. It was not immediately clear when Irving would make his debut with Dallas. And I think for Dallas, they got a big-time star to go with the one they've got." The trade does again pair Irving with Dallas general manager Nico Harrison, who was a Nike executive before taking over the Mavericks in 2021. After the Nets lost to Dallas at home in overtime in October, Irving said he saw traits of the Mavericks being "a great team."

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