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Jack Ma Doubles Down on Alibaba
  + stars: | 2024-01-23 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +6 min
(Both men already hold sizable amounts of Alibaba stock.) Alibaba itself bought back $9.5 billion worth of stock last year, reducing its share count by over 3 percent. The stock purchases will probably bring attention back to Ma, a former English teacher who helped start Alibaba as an e-commerce platform. Ma, who hasn’t held a management role at Alibaba or Ant in years but remains a lifetime partner in the Alibaba Partnership, now largely focuses on Bill Gates-style philanthropy. And she’s expected to take swipes at Trump’s economic record as president.
Persons: Tsai, Ma, Alibaba, Ant, hasn’t, Bill Gates, Nikki Haley, Donald Trump, Eric Rosengren, Robert Kaplan, Kaplan, Rosengren, Archer, Daniels, Vikram Luthar, Scott Stuber, Spike Lee, Martin Scorsese, Jane Campion, Stuber, Ted Sarandos, Netflix’s, Bela Bajaria, Biden’s, Janet Yellen, Lael Brainard, they’re, Biden, ” Ray Fair Organizations: Pool Management, Alibaba, Brooklyn Nets, New York Liberty, Nets, Boston Fed, Dallas Fed, Republican, Biden, Yale, Times Locations: U.S, Hong Kong, China, Ma, Beijing, , Paris, New Hampshire, Dixville
Alibaba co-founders Jack Ma and chairman Joe Tsai, in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 19, 2014. An entity linked to Tsai's family office, Blue Pool, acquired nearly 2 million Alibaba depository shares worth $152 million in the fourth quarter, according to a Tuesday regulatory filing. Separately, sources familiar with the matter told the Times that Ma acquired $50 million worth of Alibaba's Hong Kong stock during the same period. Around the same time the spinoff was canceled, Ma in a regulatory filing said that he would sell 10 million shares worth $870 million. Alibaba shares are down roughly 21% since the cancelled spin-off.
Persons: Alibaba, Jack Ma, Joe Tsai, Ma, Tsai Organizations: New York Stock Exchange, New York Times, Times, Depository, Brooklyn Nets, Ant, CNBC Locations: New York, U.S, Hong Kong
Assistant coach Dejan Milojević and Kevon Looney, #5 of the Golden State Warriors, talk before the game against the Los Angeles Lakers during the Western Conference Semifinals in the 2023 NBA Playoffs at Crypto.com Arena in Los Angeles on May 6, 2023. The National Basketball Association said a second Golden State Warriors game has been postponed after the team's assistant coach Dejan Milojević died earlier this week. ESPN will instead broadcast the Brooklyn Nets versus Los Angeles Lakers Friday night. "We are absolutely devastated by Dejan's sudden passing," said Warriors Head Coach Steve Kerr in a press release. Milojević was in his third season on the Warriors' coaching staff, including the team's 2022 NBA Championship run.
Persons: Dejan Milojević, Looney, Milojević, Steve Kerr Organizations: Golden State Warriors, Los Angeles Lakers, Western, Crypto.com Arena, National Basketball Association, Warriors, Dallas Mavericks, ESPN, Brooklyn Nets, The Warriors, KK Mega Basket, Atlanta Hawks, San Antonio Spurs, Houston Rockets, CNBC PRO Locations: Los Angeles, Belgrade, Serbia
Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy. Diamond Sports has been in Chapter 11 bankruptcy proceedings in the Southern District of Texas since it filed for protection last March. Under the terms of the restructuring agreement, Amazon will make a minority investment in Diamond and enter into a commercial arrangement to provide access to Diamond’s content via Prime Video. Customers will be able to access their local team's content on Prime Video channels where Diamond has rights. Under an agreement with creditors last year, Diamond Sports Group became a separate company from Sinclair.
Persons: Diamond, Sinclair, David Preschlack, ” Diamond, ___ Organizations: Amazon, Diamond Sports, Bally Sports, , NBA, NHL, Southern District of, MLB, San Diego Padres, Arizona Diamondbacks, Padres, Diamondbacks, Diamond, New York Yankees, Brooklyn Nets, YES, Sinclair Broadcast Group, Walt Disney Co, Disney, Department of Justice, Diamond Sports Group, Sinclair, RSA, Major League Baseball Locations: Southern District, Southern District of Texas, Diamond’s
NEW YORK (AP) — Julius Randle had 25 points and 20 rebounds, RJ Barrett scored 16 points, and the New York Knicks advanced to the quarterfinals of the NBA In-Season Tournament with a 115-91 victory over the Charlotte Hornets on Tuesday night. The Knicks missed their chance to win Group B when the Milwaukee Bucks beat the Miami Heat to finish unbeaten in pool play. But the Knicks took the wild-card spot in the Eastern Conference by tiebreaker because of their point differential in the preliminary round. Reserves Immanuel Quickley scored 23 points and Josh Hart chipped in 17 as the New York bench outscored Charlotte’s 50-35. Randle and Barrett combined for 28 points to lead the Knicks to a 53-44 lead at halftime.
Persons: — Julius Randle, RJ Barrett, Immanuel Quickley, Josh Hart, Brandon Miller, Mark Williams, LaMelo Ball, Miles Bridges, Randle, Barrett Organizations: New York Knicks, NBA, Charlotte Hornets, Knicks, Milwaukee Bucks, Miami Heat, Eastern Conference, Bucks, Charlotte’s, Hornets, Brooklyn Nets, Detroit Pistons Locations: New York, York
Ellen Hyslop cofounded in 2017 The Gist, a sports media company geared toward female fans. Three years later, Haley Rosen founded Just Women's Sports, making Instagram content about, well, just women's sports. In the male-dominated sports media industry, these female founders have built sustainable and successful businesses around women in sports. In 2022, women's sports received 15% of all sports media coverage, a study by Wasserman's The Collective found. "Every single person at Just Women's Sports adds so much value and is so influential and impactful in the company," Rosen said.
Persons: Ellen Hyslop, Gist, Haley Rosen, They're, Rosen, Billie Jean King, Hyslop, The Gist, That's, King, Kevin Durant, Allyson Felix, Abby Wambach, Sam Kerr, Kelley O'Hara, Elena Delle Donne, Haley, Michele Kang, Wasserman's, We're Organizations: Sports, Nike, Media, Comcast, Labs, King's Enterprises, Elysian Park Ventures, State, Brooklyn Nets, New York Liberty, Philadelphia 76ers, Washington
Streaking Nets face road test against Celtics
  + stars: | 2023-11-09 | by ( Field Level Media | ) www.reuters.com   time to read: +3 min
November 9 - The Brooklyn Nets will attempt to extend their road winning streak to four games when they visit the Boston Celtics on Friday night. After starting the season with back-to-back losses, the Nets posted road wins against Charlotte (133-121), Miami (109-105) and Chicago (109-107). Boston's Jayson Tatum had 16 points, 15 rebounds and six assists in the loss. It was the third time in his NBA career that he's had at least 15 points, 15 rebounds and five assists in a game. Tatum scored a game-high 32 points and had 11 rebounds when the Celtics beat the Nets 124-114 earlier this season.
Persons: Jacque Vaughn, Lonnie Walker IV, Cam Thomas, Thomas, Boston, Kristaps Porzingis, Derrick White, White, Jaylen Brown, Porzingis, Boston's Jayson Tatum, he's, Joe Mazulla, Tatum Organizations: Brooklyn Nets, Boston Celtics, Nets, Charlotte, Los Angeles Clippers, The Nets, Clippers, Chicago, Boston, Celtics, Minnesota, Philadelphia, NBA, Thomson Locations: Miami, Chicago, Brooklyn, Boston
[1/40] Nov 8, 2023; Brooklyn, New York, USA; LA Clippers forward Kawhi Leonard (2) warms up prior to the game against the Brooklyn Nets at Barclays Center. Walker stepped for the Nets after Cam Thomas was lost for the final 20:33 due to a sprained left ankle. Despite Walker's best night since joining the Nets as a free agent, Brooklyn sweated out the final minutes. Thomas added 14 points before exiting when he collided with Los Angeles forward P.J. Consecutive hoops by Walker and Sharpe pushed Brooklyn's lead to 89-78 with 6:42, resulting in a Los Angeles timeout before Bridges made it a 10-point game.
Persons: Kawhi Leonard, Wendell Cruz, Lonnie Walker IV, James Harden, Walker, Cam Thomas, Mikal Bridges, Los Angeles, Spencer Dinwiddie, Royce O'Neale, Thomas, P.J . Tucker, Dorian Finney, Smith, O'Neale, Day'Ron Sharpe, Bridges, Ben Simmons, Paul George, Leonard, Russell Westbrook, Harden, Sharpe, Brooklyn's Organizations: LA Clippers, Brooklyn Nets, Barclays Center, Los Angeles Clippers, Nets, Los, Milwaukee Bucks, Clippers, Brooklyn, Thomson Locations: Brooklyn , New York, USA, New York, Brooklyn, Los, Los Angeles, Philadelphia
The NBA and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 15 teams on Bally Sports through the end of this season. The agreement, which was contained in a court filing made Monday, is subject to court approval. While there will be a reduction in rights payments for some teams, the local rights for 15 franchises will revert back to those teams and the league at the end of this season. The agreement provides stability for fans, networks and NBA teams after Major League Baseball had to take over the broadcasts of San Diego Padres and Arizona Diamondbacks games last season after agreements could not be reached. The NBA teams that are currently on Bally are: Atlanta, Charlotte, Cleveland, Dallas, Detroit, Indiana, LA Clippers, Memphis, Miami, Milwaukee, Minnesota, New Orleans, Oklahoma City, Orlando and San Antonio.
Persons: Diamond, , ___ Organizations: NBA, Diamond Sports Group, Bally Sports, Diamond Sports, Southern District of, Major League Baseball, San Diego Padres, Arizona Diamondbacks, Bally, LA Clippers, National Hockey League, NHL, Comcast, YES Network, New York Yankees, Brooklyn Nets, Chicago Cubs ’ Marquee Network, MLB Locations: Southern District, Southern District of Texas, Atlanta, Charlotte, Cleveland, Dallas, Detroit , Indiana, Memphis, Miami, Milwaukee , Minnesota, New Orleans , Oklahoma City, Orlando, San Antonio
Tatum made 10 of 20 shots, hit six of Boston's 15 3-pointers and collected 11 rebounds. Washington scored 15 points, Brandon Miller and Nick Richards each had 10 and LaMelo Ball recorded 11 points and 11 assists. 76ers 112, Suns 100Joel Embiid supplied 26 points and 11 rebounds as host Philadelphia beat short-handed Phoenix. Brooks added nine rebounds and almost joined Smith (21 points, 11 rebounds) and VanVleet (21 points, 12 assists) with a double-double. Chicago trailed by as much as 23 in the fourth quarter after leading 53-51 at the break.
Persons: Jayson Tatum, Al Horford, Wendell Cruz, Tatum, Jaylen Brown, Kristaps Porzingis, Cam Thomas, Spencer Dinwiddie, Mikal Bridges, Mark Williams, Charlotte, Gordon Hayward, Terry Rozier, P.J . Washington, Brandon Miller, Nick Richards, LaMelo Ball, Tyrese Haliburton, Franz Wagner, Paolo Banchero, Banchero, Anthony Davis, LeBron James, Austin Reaves, Joel Embiid, Embiid, Kelly Oubre Jr, Tyrese Maxey, Kevin Durant, Devin Booker, Bradley Beal, Booker, Beal, Young, Jalen Johnson, New Orleans . Young, Johnson, Zion Williamson, Brandon Ingram, Dillon Brooks, Jabari Smith, Fred VanVleet, Brooks, Smith, Malik Monk, De'Aaron Fox, Anthony Edwards, Karl, Anthony Towns, Edwards, Lauri Markkanen, John Collins, Talen Horton, Tucker, Nikola Jokic, Michael Porter Jr, Reggie Jackson, Jamal Murray, Nikola Vucevic, DeRozan Organizations: Boston Celtics, Brooklyn Nets, Barclays Center, Celtics, Nets, Hornets, Pacers, Indiana, Ball, Lakers, Orlando, Los Angeles, Clippers, NBA, 76ers, Suns, Philadelphia, Sixers, Phoenix, Hawks, Pelicans, Atlanta, New, New Orleans ., Rockets, Houston, Sacramento, Timberwolves, Jazz, Minneapolis . Towns, Wolves, Utah, Nuggets, Bulls, Denver, Chicago, Thomson Locations: Brooklyn , New York, USA, New York, Brooklyn, Indianapolis, P.J ., Haliburton, Los Angeles, New Orleans, Sacramento, Minnesota, Utah, Minneapolis .
CNN —Jayson Tatum made Boston Celtics history on Saturday as he became the youngest player to score 10,000 points for the franchise, a landmark he reached during their 124-114 victory over the Brooklyn Nets. That’s cool,” he said afterwards, according to the Celtics’ official website. Tatum is the 10th youngest player in NBA history to reach the milestone. Nathaniel S. Butler/NBAE/Getty ImagesTatum poured in 32 points against the Nets, the fourth time he has scored more than 30 points this season, as the Celtics extended their unbeaten streak. His coach Joe Mazzulla paid tribute to Tatum’s “open-mindedness” and work ethic afterwards as he celebrated his star player’s achievement.
Persons: Jayson Tatum, , “ I’ve, I’ve, Tatum, Antoine Walker, Nathaniel S, Butler, Joe Mazzulla, Tatum’s, ” Mazzulla, Franz Wagner, Paolo Banchero, Joel Embiid Organizations: CNN, Boston Celtics, Brooklyn Nets, Celtics, Nets, NBA, Orlando Magic, Los Angeles Lakers, Philadelphia 76ers, Phoenix Suns, Denver Nuggets, Chicago Bulls
CNN —The 2023-24 NBA season may only have gotten underway last week, but this year, teams won’t need to wait until the NBA Finals in June to have the chance of lifting some silverware. How to watchIn the US, 14 group games and all seven knockout-round games will be nationally televised on ESPN or TNT, while international viewers will be able to watch on NBA League Pass. FormatThe inaugural In-Season Tournament begins on November 3 and ends with the championship game on December 7 – and every game except the title game will count towards regular season standings. Will LeBron James add an In-Season Tournament trophy to his four NBA titles? The NBA will, of course, be hoping for similar success for the In-Season tournament.
Persons: LeBron James, Mark J, Terrill Organizations: CNN, NBA, ESPN, TNT, Western, Memphis Grizzlies, Phoenix Suns, LA Lakers, Utah Jazz, Portland Trail Blazers, Denver Nuggets, LA Clippers, New Orleans Pelicans, Dallas Mavericks, Houston Rockets, Golden State Warriors, Minnesota Timberwolves, Oklahoma City Thunder, San Antonio Spurs Eastern Conference, Philadelphia 76ers, Cleveland Cavaliers, Atlanta Hawks, Indiana Pacers, Detroit Pistons Group, Milwaukee, Milwaukee Bucks , New York Knicks, Miami Heat, Washington Wizards, Charlotte Hornets, Boston Celtics, Brooklyn Nets, Toronto Raptors, Chicago Bulls, Orlando Magic Every, Mobile, Disney Locations: Las Vegas, Sacramento, Milwaukee Bucks ,, Florida
Slowing down Mavs' Luka Doncic tall task for Bulls
  + stars: | 2023-11-01 | by ( Field Level Media | ) www.reuters.com   time to read: +3 min
November 1 - The season is only three games old for the Dallas Mavericks, but Luka Doncic is already in midseason form. Doncic is averaging a league-best 39.0 points per game and has posted two triple-doubles as he looks to lead Dallas to its fourth consecutive victory when it hosts the Chicago Bulls on Wednesday night. "It's a great start," Doncic said after Monday's 125-110 road win over the Memphis Grizzlies. Doncic has spurred the fast start with scoring outings of 33, 49 and 35 points. On Monday, he recorded his 58th career triple-double with 35 points, 12 rebounds and 12 assists against the Grizzlies.
Persons: Luka Doncic, Doncic, it's, Luka's, Dallas, Tim Hardaway Jr, Irving's, Irving, Chicago's, Nikola Vucevic, Zach LaVine, DeMar DeRozan, haven't, Vucevic, LaVine, Billy Donovan Organizations: Dallas Mavericks, Chicago Bulls, Mavericks, Dallas, Memphis Grizzlies, Brooklyn Nets, Grizzlies, Bulls, Chicago, Indiana Pacers, Detroit Pistons, Pacers, Thomson Locations: Dallas, Memphis, Chicago
Cam Thomas eclipses 30 again as Nets down Hornets
  + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/67] Oct 30, 2023; Charlotte, North Carolina, USA; Charlotte Hornets center Mark Williams (5) during warm ups against the Brooklyn Nets at Spectrum Center. Mandatory Credit: Jim Dedmon-USA TODAY Sports Acquire Licensing RightsOctober 31 - Cam Thomas scored 19 of his 33 points in the second half and helped carry the Brooklyn Nets to their first victory of the season, a 133-121 decision against the host Charlotte Hornets on Monday night. Thomas has scored 30 or more points in all three games this season. Ben Simmons added 11 points and 10 rebounds and Day'Ron Sharpe had 11 points for the Nets. Charlotte was within 10 points with about eight minutes remaining, but Thomas scored four points across a 41-second span to help the Nets pull away.
Persons: Charlotte ,, Mark Williams, Jim Dedmon, Cam Thomas, Mikal Bridges, Lonnie Walker IV, Dorian Finney, Smith, Terry Rozier, Brandon Miller, Gordon Hayward, Thomas, Ben Simmons, Day'Ron Sharpe, Charlotte, Bridges Organizations: Charlotte Hornets, Brooklyn Nets, Spectrum Center, Brooklyn, Nets, Hornets, Charlotte, Bridges, Thomson Locations: Charlotte, Charlotte , North Carolina, USA, P.J . Washington
Standing at 7-foot-4-inches with an 8-foot wingspan, Wembanyama possesses a skillset which has been rarely seen before in the NBA. “I really, really love winning,” said Wembanyama, per ESPN. “It’s what I love most in life, so of course it feels great.”Victor Wembanyama celebrates after beating the Houston Rockets. “I said this after the first preseason game or scrimmage, but he’s going to make some amazing plays at least once a game, and tonight he probably had three or four,” he said, per ESPN. The Golden State Warriors secured a 122-114 victory against the Sacramento Kings, with Steph Curry contributing a game-high 41 points.
Persons: Victor Wembanyama, Frenchman, , Wembanyama, ” Victor Wembanyama, Chandan Khanna, Devin Vassell, , Luka Dončić, Steph Curry, Nikola Jokić Organizations: CNN, NBA, San Antonio Spurs, Houston Rockets, Frost Bank, Spurs, ESPN, , Getty, Dallas Mavericks, Brooklyn Nets, Golden State Warriors, Sacramento Kings, Denver Nuggets, Memphis Grizzlies Locations:
Cavaliers squeeze past Nets
  + stars: | 2023-10-26 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/50] Oct 25, 2023; Brooklyn, New York, USA; Cleveland Cavaliers guard Donovan Mitchell (45) warms up before a game against the Brooklyn Nets at Barclays Center. Two free throws by Mikal Bridges gave the Nets a 113-111 lead with 19 seconds left, and Cleveland used its final timeout. After Mitchell's clutch shot, Brooklyn used a timeout, but Johnson saw a well-contested four-foot tip shit fall well short of the hoop. Isaac Okoro added 18, while Garland contributed 15 as the Cavaliers shot 46.8 percent. Bridges added 20, and Johnson finished with 12 as the Nets shot 50 percent but misfired on 18 of 27 3-point tries.
Persons: Donovan Mitchell, Brad Penner, Mikal Bridges, Max Strus inbounded, Darius Garland, Garland, Mitchell, Brooklyn's Cameron Johnson, Johnson, Royce, Strus, Isaac Okoro, Cam Thomas, Bridges, Cleveland, Dennis Smith Jr, O'Neale, Thomas Organizations: Cleveland Cavaliers, Brooklyn Nets, Barclays Center, Nets, Cavaliers, Brooklyn, Thomson Locations: Brooklyn , New York, USA, Cleveland, Brooklyn, midcourt
The National Basketball Association's New York Knicks are keeping it in the family for their next jersey patch sponsor. Madison Square Garden Sports announced Tuesday that Sphere Entertainment will become the NBA team's official jersey patch partner for the 2023-24 season. Terms of the jersey patch deal were not disclosed. The NBA's jersey patch sponsor program kicked off during the 2017-18 season and has been an important source of revenue for many clubs. Dolan reportedly was shopping around the jersey patch rights for $30 million, according to SBJ.
Persons: James Dolan, David Hopkinson, Micky Arison, Squarespace, Andrew Lustgarten, Dolan, SBJ, Patrick Rishe, Louis, Bob Dorfman Organizations: Association's New York Knicks, Madison, Garden Sports, NBA, Knicks, Boston Celtics, Garden, MSG Sports, Golden State Warriors, Brooklyn Nets, Los Angeles Lakers, Miami Heat, Carnival Cruise, Sports Business, Washington University, Pinnacle Advertising, CNBC Locations: Madison, Las Vegas, St
Not when he was so ineffective in his return from back surgery that Simmons couldn't even protest much when he was bounced first from his normal position, then eventually from Nets coach Jacque Vaughn's rotation entirely. “It’s hard for a coach to really trust and believe in you when he’s not seeing it, right?” Simmons said. It gives the Nets hope that, no longer with Kevin Durant or Kyrie Irving, at least they now have the old Ben Simmons. “Ben Simmons going downhill is a problem,” said Doc Rivers, who coached Simmons in Philadelphia and is now an ESPN analyst. Simmons, used to his game being scrutinized in both his NBA homes, won't say much beyond that he is finally healthy again.
Persons: Ben Simmons, , ” Simmons, Simmons, Jacque Vaughn's, he’s, I’m, you’re, Vaughn, Kevin Durant, Kyrie Irving, they’ve, Nick Nurse, LeBron James, “ Ben Simmons, , Doc Rivers, ” Rivers, Steve Nash, Durant, Irving, Simmons wasn't, Simmons couldn't, ” Vaughn, Ben, Rivers, Magic Johnson, “ I’m, it’s Organizations: Star, Nets, ” 76ers, Lakers, NBA, ESPN, The Nets Locations: Philadelphia, Brooklyn, Las Vegas, Miami
National Basketball Association superstar Kevin Durant and business partner Rich Kleiman on Tuesday announced the launch of a new advisory firm under the duo's Boardroom media company. The firm, Boardroom Advisory, will operate on a yearly fee structure and work with athletes as well as executives and brands on creating business and sports ownership opportunities, content and more, the company said in a press release. "Boardroom Advisory is a natural extension of the brand, and is a way for us to bring our resources to other athletes." The firm doesn't intend to compete with agencies and will work in tandem with athletes' preexisting representatives, a spokesperson for Boardroom said. Durant is among a slew of superstar athletes to branch out in the sports media and entertainment world.
Persons: Kevin Durant, Rich Kleiman, Durant, Lebron James, Cristiano Ronaldo, Kleiman, Lorenzo McCloud, James Harden Organizations: Mobile, National Basketball Association, Tuesday, NBA, SpringHill, Soccer, Nike, ESPN, Golden State Warriors, Oklahoma City Thunder, Brooklyn Nets, Phoenix Suns, Philadelphia 76ers, CNBC Locations: Puerto Rico, U.S, Las Vegas, Durant
Carrying a Torch for the Liberty
  + stars: | 2023-09-16 | by ( Amir Hamja | Monique Jaques | Sara Ziegler | ) www.nytimes.com   time to read: +1 min
Liberty fans have waited 27 seasons for a W.N.B.A. The atmosphere at Barclays Center was electric for New York’s opening postseason game against the Washington Mystics. Those fans were rewarded with a Liberty win, 90-75, behind 29 points from Sabrina Ionescu and 20 from Jonquel Jones. The game started as a tense back-and-forth affair, but the Liberty took a narrow lead into halftime, and they never relinquished it. After the Liberty wrapped up the regular season with a 32-8 record, expectations were high that they could take the championship.
Persons: didn’t, Malala Yousafzai, Billie Jean King, Teresa Weatherspoon, Sabrina Ionescu, Jonquel Jones, Ionescu Organizations: Liberty, Barclays Center, Washington Mystics, Brooklyn Nets, Las Vegas Aces
Hong Kong CNN —Daniel Zhang, the outgoing chairman and CEO of Alibaba, has stepped down from his position running the company’s cloud division in a surprise move announced just months after he assumed the pivotal role. Daniel Zhang, the then CEO of Alibaba, speaks at a conference in Shanghai in November 2022. Han Haidan/China News Service/Getty ImagesEddie Yongming Wu will succeed Zhang as acting chairman and CEO of its cloud unit, Alibaba said Monday. Significant restructuringIn March, Alibaba announced it would split into six separate units, including cloud, e-commerce, logistics, media and entertainment. Analysts said Zhang’s departure from the cloud business came as a surprise, but should not affect a potential IPO of the unit.
Persons: Hong Kong CNN — Daniel Zhang, Zhang, , “ Mr Zhang, Daniel Zhang, Han Haidan, Eddie Yongming Wu, Alibaba, Joseph C Tsai, Wu, Joe Tsai, Steven Ferdman, Tsai, , , ” Tsai, Jacob Cooke Organizations: Hong Kong CNN, ” Citi, Alibaba, China News Service, Cloud Intelligence Group, Paley International, Paley Museum, CNN, Brooklyn Nets, New York Liberty, South China Morning, Alibaba Group, Analysts Locations: China, Hong Kong, Shanghai, New York, Alibaba
[1/5] Basketball - FIBA World Cup 2023 - Third-Place Playoff - United States v Canada - Mall of Asia Arena, Manila, Philippines - September 10, 2023 Canada players celebrate with their bronze medals after the match REUTERS/Lisa Marie David Acquire Licensing RightsMANILA, Sept 10 (Reuters) - Canada bagged their first-ever FIBA Basketball World Cup podium finish at the expense of undermanned United States 127-118 in overtime in a riveting, record-setting bronze medal game on Sunday in Manila. It was the most points scored for a player in a medal-winning game in tournament history. Shai Gilgeous-Alexander, Canada's leading scorer, rebounder and passer, finished with 31 points, six rebounds and 12 assists. Team USA, previously unbeaten in their four bronze medal matches, recorded the most points they have conceded in a World Cup game. Despite the defeat, the United States finished better than their seventh spot in 2019, their worst-ever major international tournament result.
Persons: Lisa Marie David Acquire, Dillon Brooks, Brooks, Shai Gilgeous, Alexander, Canada's, rebounder, Paolo Banchero, Jaren Jackson Jr, Brandon Ingram, USA's, Anthony Edwards, Fan, Austin Reaves, Mikal Bridges, Canada's Kelly Olynyk, Neil Jerome Morales, Christian Radnedge Organizations: Basketball, FIBA, Asia Arena, Rights, FIBA Basketball, United, Houston Rockets, Team, NBA, Minnesota Timberwolves, Team USA, Brooklyn Nets, Mikal, Canada, Summer, United States, U.S, Thomson Locations: States, Canada, Asia, Manila, Philippines, Rights MANILA, United States, U.S
Simmons wants to play for Australia at Paris Olympics
  + stars: | 2023-08-30 | by ( ) www.reuters.com   time to read: +1 min
Mandatory Credit: Mike DiNovo-USA TODAY Sports/File Photo Acquire Licensing RightsSYDNEY, Aug 30 (Reuters) - All Star forward Ben Simmons says he wants to play for Australia at the Paris Olympics next year, ending a decade-long absence from the Boomers team. "To me, I'm going to play when I'm ready. Melbourne-born Simmons said he had not yet informed Basketball Australia of his intentions and fans Down Under might be forgiven for not getting too excited. The three-times NBA All Star has frequently committed to playing for the land of his birth at the Olympics and World Cups over the last nine years only to later withdraw. Australia, bronze medallists at the Tokyo Olympics in 2021, will qualify for the Paris Olympics if they achieve a better finish than New Zealand at the ongoing World Cup in the Philippines, Japan and Indonesia.
Persons: Ben Simmons, JaKarr Sampson, Mike DiNovo, hasn't, I've, Simmons, Nick Mulvenney, Robert Birsel Organizations: Philadelphia 76ers, Chicago Bulls, United Center, Rights, Australia, Paris Olympics, Boomers, Brooklyn Nets, NBA, Olympic, Basketball Australia, Star, Tokyo, Thomson Locations: Chicago , IL, USA, Melbourne, Australia, New Zealand, Philippines, Japan, Indonesia
CNN —Philadelphia 76ers star James Harden called his own team’s president Daryl Morey “a liar” in a surprising attack amid ongoing trade speculation surrounding the 2018 NBA Most Valuable Player. Tim Nwachukwu/Getty Images/FILEWojnarowski reported on Saturday that the team broke off trade talks and expected Harden to return to training camp. “Harden has been emphatic in wanting a trade, so the Sixers are setting up an uncomfortable situation to start camp. Ultimately, Philadelphia wouldn’t make a trade that they believed would compromise their title hopes,” Wojnarowski posted on social media on Saturday. Just over a year later, he was traded to the 76ers from the Nets after rumors of his desire to leave Brooklyn had surfaced.
Persons: James Harden, Daryl Morey “, “ Daryl Morey, ” Harden, Daryl Morey, Morey, Harden, ESPN’s Adrian Wojnarowski, old’s, Tim Nwachukwu, “ Harden, ” Wojnarowski Organizations: CNN — Philadelphia 76ers, NBA.com, CNN, Sixers, 76ers, Saturday, Houston Rockets, Star, Rockets, Brooklyn Nets, Nets Locations: China, Camden , New Jersey, Philadelphia, Brooklyn
Brooklyn Nets Co-Owner on emerging leagues and measuring risk
  + stars: | 2023-07-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrooklyn Nets Co-Owner on emerging leagues and measuring riskBSE Global Vice Chair, New York Liberty Governor and Brooklyn Nets Co-Owner Clara Wu Tsai discusses the value of emerging leagues and measuring risk while staying competitive.
Persons: Clara Wu Tsai Organizations: Brooklyn Nets Co, Global, New York Liberty Governor
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