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☆ Qatar Wealth Fund Is in Talks to Buy Minority Stake in Washington Wizards, Capitals and Mystics
▼ + stars: | 2023-06-23 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, e70d157a Locations: qatar, washington

☆ The NBA’s No. 1 Pick Doesn’t Guarantee Anything. Even If It Gets You Victor Wembanyama.
▼ + stars: | 2023-06-22 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, d008c3db Organizations: wembanyama

☆ Victor Wembanyama Is Finally Selected No. 1 by San Antonio in the NBA Draft
▼ + stars: | 2023-06-22 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, d008c3db Organizations: wembanyama

☆ NBA Suspends Ja Morant for 25 Games After Second Gun Video
▼ + stars: | 2023-06-16 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

Ja Morant was suspended for the first 25 games of the upcoming season. Photo: Petre Thomas/USA TODAY Sports via Reuters ConThe NBA suspended Memphis Grizzlies superstar Ja Morant for the first 25 games of the upcoming season, the league announced Friday, following his appearance in an Instagram Live video that showed him posing with what appeared to be a firearm for the second time in less than two months.

Persons: Ja Morant, Petre Thomas Organizations: Sports, Reuters Con, NBA, Memphis Grizzlies

☆ Michael Jordan Agrees to Sell Majority Stake in Charlotte Hornets
▼ + stars: | 2023-06-16 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, michael, jordan, gabe, plotkin, rick Organizations: charlotte

☆ Nearly all Americans cut back on spending due to inflation, CNBC survey finds
▼ + stars: | 2023-06-14 | by ( Courtney Reagan | ) www.cnbc.com time to read: +3 min

Nearly all Americans are cutting back on their spending in some way, according to a new CNBC and Morning Consult survey. Of the survey respondents, 92% of middle-income Americans — or those who make between $50,000 and $100,000 a year — reported being "somewhat" or "very" worried about higher prices. "Customers continue to seek value given the impact of inflation," Walmart CEO Doug McMillon said on the retailer's first-quarter earnings call. Spending at value-oriented grocery stores in May outpaced spending in the overall grocery segment, according to Bank of America aggregated credit and debit card spending data. The CNBC and Morning Consult survey was conducted online earlier this month and polled more than 4,400 adults.

Persons: Doug McMillon, Robert Ohmes Organizations: CNBC, Walmart, Target, Walmart U.S, Bank of America, Grocery Outlet, " Bank of America Securities Locations: New York City

☆ 42% of CEOs say AI could destroy humanity in five to ten years
▼ + stars: | 2023-06-14 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN Business —Many top business leaders are seriously worried that artificial intelligence could pose an existential threat to humanity in the not-too-distant future. Forty-two percent of CEOs surveyed at the Yale CEO Summit this week say AI has the potential to destroy humanity five to ten years from now, according to survey results shared exclusively with CNN. The business leaders displayed a sharp divide over just how dangerous AI is to civilization. While 34% of CEOs said AI could potentially destroy humanity in ten years and 8% said that could happen in five years, 58% said that could never happen and they are “not worried.”In a separate question, Yale found that 42% of the CEOs surveyed say the potential catastrophe of AI is overstated, while 58% say it is not overstated. The CEOs indicated AI will have the most transformative impact in three key industries: healthcare (48%), professional services/IT (35%) and media/digital (11%).

Persons: “, ”, Jeffrey Sonnenfeld, Sonnenfeld, Doug McMillion, James Quincy, Yale, Sam Altman, Geoffrey Hinton, Hinton, “ I’m, ” Hinton, Jake Tapper, Robert Oppenheimer, ” Sonnenfeld Organizations: New York CNN Business, Yale, Summit, CNN, Sonnenfeld’s, Leadership Institute, Walmart, Xerox, Google, Microsoft

☆ One Draft Pick and Years of Trust Made the Denver Nuggets NBA Champions
▼ + stars: | 2023-06-12 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

DENVER—When the Denver Nuggets selected Nikola Jokic with the 41st pick in the NBA draft nine summers ago, the 6-foot-11 Serbian was fast asleep. The television broadcast didn’t show the selection live, instead airing a commercial for an addition to the Taco Bell menu. Devotees of European basketball had heard rumors of a portly giant from Sombor who threw precognitive passes, but nobody claimed that the future had changed.

Persons: Nikola Jokic Organizations: DENVER, Denver Nuggets, NBA, Taco Bell Locations: Serbian

☆ It’s Basketball’s Simplest Play. The Denver Nuggets Made It Unstoppable.
▼ + stars: | 2023-06-08 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

MIAMI—Describing the interplay between Nikola Jokic and Jamal Murray presents the same challenge as stopping it: it’s built on a language all its own. “They know how to communicate with each other without even speaking, just reading and playing off of each other,” Denver Nuggets coach Michael Malone said recently. “No matter how you guard that, there’s a counter to it.”

Persons: Nikola Jokic, Jamal Murray, Michael Malone, ” Organizations: MIAMI, Denver Nuggets

☆ Exclusive: Former White House official told federal prosecutors Trump knew of proper declassification process and followed it while in office
▼ + stars: | 2023-06-08 | by ( Zachary Cohen Paula Reid | Zachary Cohen | Paula Reid | ) edition.cnn.com time to read: +8 min

During those voluntary interviews, the former official told CNN there was a distinct difference in the line of questioning from prosecutors in the two probes. Speaking to CNN on condition of anonymity, the former official said he told federal prosecutors that Trump knew the proper process for declassifying documents and followed it correctly at times while in office. Sources previously told CNN that Trump’s team returned some materials but not the document pertaining to Iran. “Nothing approaching an order that foolish was ever given,” Kelly told CNN. Most recently, Trump told CNN at a town hall that materials were “automatically declassified” when he took them.

Persons: Donald Trump, Joe Biden, Trump, Biden, Trump’s, ‘, John Eisenberg, Eisenberg, “, Don McGahn, John Kelly, McGahn, Jack Smith, Donald Trump's Mar, Kelly, ” Kelly, Mark Meadows, Jack Smith’s, Meadows, Robert O’Brien, O’Brien, National Intelligence Richard Grenell, Robert Hur, Hur, Kathy Chung, empaneled, Mike Pence’s Organizations: Washington CNN, White House, CNN, Trump, Obama, Mar, The Justice Department, National Security Council, White, National Archives, Department of Justice, Trump’s, Trump’s Mar, Prosecutors, National Intelligence, Biden Locations: Delaware, Russia, Iran, Lago

☆ Sam Altman debated the safety of AI with an Oxford University student who protested his speech
▼ + stars: | 2023-06-07 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Sam Altman gave a speech to an Oxford University student business society in May. Altman said that building stronger AI systems is the best way to ensure safety. "Stop trying to build an AGI and start trying to make sure that AI systems can be safe," one of the students told him, per The Guardian. "If we, and I think you, think that AGI systems can be significantly dangerous, I don't understand why we should be taking the risk," he added. Altman said the only way to achieve safety is with "capability progress," meaning building stronger AI systems in order to understand how they work – even if that's risky, The Guardian reported.

Persons: Sam Altman, Altman, Goldman Sachs, Altman –, AGI, Robert Oppenheimer, Oppenheimer, OpenAI Organizations: Oxford University, Morning, Guardian, New York Times, Manhattan, US Locations: AGI

☆ The Nuggets’ Winning DNA Can Be Traced To Their ’70s ABA Predecessors
▼ + stars: | 2023-06-06 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

Larry Brown made this much clear: In more than half a century coaching basketball, for a long list of universities and professional franchises, he has never come across a player like Nikola Jokic. “You can’t even describe what he does,” Brown, 82, said of the Denver Nuggets’ magic show of a center. “I’ve never seen anyone pass the ball like he can.”

Persons: Larry Brown, Nikola Jokic, ” Brown, “ I’ve, ” Organizations: Denver Nuggets

☆ The Miami Heat Surprise Denver at Home to Even the NBA Finals
▼ + stars: | 2023-06-05 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: miami, denver

☆ Opinion: What Oppenheimer’s reading list can teach us
▼ + stars: | 2023-06-04 | by ( Jane Carr | Opinion Jane Greenway Carr | ) edition.cnn.com time to read: +15 min

Oppenheimer’s list of books included works by Plato, mathematician Bernhard Riemann and scientist Michael Faraday, and the “Bhagavad-Gita,” with which he has famously long been associated. What happens when the inner workings and potential reach of scientific inventions are unknown, even to the human beings who create them? Still, Pride is also a time to revel in culture’s power to transform, sustain and bring joy to LGBTQ communities. But Medvedev knows that above all else he needs Putin to think of him as unequivocally loyal and useful. What it will do is help 40 million borrowers who, like me, were drowning in debt and need immediate relief.

Persons: Robert Oppenheimer, ” Oppenheimer, Plato, Bernhard Riemann, Michael Faraday, William Shakespeare’s “, ” Charles Baudelaire’s “, Fleurs, Mal ”, Eliot’s, Oppenheimer, ” Matthew Zapruder, ”, William Carlos Williams, Nick Anderson, ChatGPT, Stuart Russell, Jessica Chia, Bethany Cianciolo, Russell, isn’t, ” Russell, “, Clay Jones, Joe Biden, John Avlon, Kevin McCarthy, McCarthy, Joel Pett, Poppy Harlow, James Comey, Donald Trump, Republicans ’, MAGA, Julian Zelizer, Zelizer, Trump, Kayleigh McEnany, Rob Finnerty, Matt Wolking, Cupp, McEnany, that’s, Kayleigh, Pride Luciano, Sereno, Luciano Vecchio, It’s, ” Vecchio, “ Sereno, Dmitry Medvedev, Vladimir Putin, Russia’s, Frida Ghitis, Medvedev, Putin, ” Medvedev “, Michael Bociurkiw, Biden, Sophia A, Nelson ., Nelson, it’s, …, Brandon Bell, Jill Filipovic —, —, Filipovic, we’ve, ” Don’t, Keith Magee, Kara Alaimo, James Moore, Texas GOP Tess Taylor, Lala Tanmoy Das, Alex Soros, Scottie Pippen can’t, Jordan, Scottie Pippen, Nathaniel S, Butler, NBAE, Michael Jordan, ” Pippen, Charles Barkley, Phil Jackson —, Will Leitch, ” Leitch, Pippen, Leitch, There’s Organizations: CNN, Manhattan, American, Committee, Tribune, Agency, Biden, Republicans, Trump, GOP, Luciano Vecchio Pride, United, AFP, Russia’s Security, Republican, Texas GOP, Philadelphia 76ers, Getty, NBA Locations: Berkeley, Iowa, revel, it’s, Argentina, United Russia, United Kingdom, Russia, Houston City, America, European, Texas

☆ Tom Cruise is reportedly out for blood about 'MI7' getting bumped from Imax theaters by 'Oppenheimer'
▼ + stars: | 2023-06-03 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +3 min

Tom Cruise is on the warpath about "Mission: Impossible 7" getting bumped out of Imax theaters. "MI7" opens on July 12 but only has a short window before "Oppenheimer" arrives to Imax exclusivity. Tom Cruise's upcoming "Mission: Impossible" film is getting boxed out of Imax theaters by Christopher Nolan's "Oppenheimer" — and the star is "pretty pissed" about it, Matt Belloni reported for Puck. "Oppenheimer" will drop a (permit me) nuclear bomb on the market, snapping up ALL Imax screens for three weeks. A committed proponent of Imax, Nolan shot "Oppenheimer" entirely on Imax cameras.

Persons: Tom Cruise, Oppenheimer, Cruise, Tom Cruise's, Christopher Nolan's, —, Matt Belloni, Puck, Belloni, Robert Oppenheimer, Nolan, You've Organizations: Morning, Paramount, Associated Press, Universal

☆ The Nuggets Said They Weren’t Favorites—Then Proved They Are in Game 1 of the NBA Finals
▼ + stars: | 2023-06-02 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

Leading up to the NBA Finals, Nikola Jokic disputed the obvious. Were his Denver Nuggets, a No. 1 seed who had won 53 games during the regular season and swept the Los Angeles Lakers in the Western Conference Finals, favored over a Miami Heat team that had won just 44 games, earned a No. 8 seed and survived a seven-game conference-final tilt against the Boston Celtics?

Persons: Nikola Jokic Organizations: NBA, Denver Nuggets, Los Angeles Lakers, Western, Miami Heat, Boston Celtics

☆ He’s the Best Player in the NBA. He’s Also the Bloodiest.
▼ + stars: | 2023-05-31 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, nikola

☆ The Miami Heat’s Long Shot Journey to the NBA Finals
▼ + stars: | 2023-05-30 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

The Miami Heat celebrate with the Bob Cousy trophy after defeating the Boston Celtics in Game 7 of the Eastern Conference Finals. Photo: Adam Glanzman/Getty ImagesIn 1999, the New York Knicks became the first eight seed in history to make a run to the NBA Finals. It took a last-second floater from Allan Houston just for the Knicks to survive the playoffs’ opening round. They swept the next round, then closed out the Eastern Conference Finals without Patrick Ewing, who injured his Achilles tendon.

☆ Experts are warning A.I. could lead to human extinction. Are we taking it seriously enough?
▼ + stars: | 2023-05-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

should be a global priority alongside other societal-scale risks such as pandemics and nuclear war,” said the letter, signed by many of the industry’s most respected figures. These industry leaders are quite literally warning that the impending A.I. revolution should be taken as seriously as the threat of nuclear war. It is, however, precisely what the world’s most leading experts are warning could happen. researcher at Duke University, told CNN on Tuesday: “Do we really need more evidence that A.I.’s negative impact could be as big as nuclear war?”

Persons: Sam Altman, Demis Hassabis —, ”, Dan Hendrycks, Robert Oppenheimer, ‘, ’, ” Hendrycks, Newsrooms, Cynthia Rudin Organizations: CNN, Google, Center, A.I, Duke University

☆ The Thankless Job That Produced the NBA Playoffs’ Best Coach
▼ + stars: | 2023-05-18 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

Whether it pays off in a championship or not, the Miami Heat have already gone on the strangest NBA playoff run in recent memory. They limped into the postseason as an eight seed, their regular-season record sunk by injuries and inconsistency, and got more hurt when star guard Tyler Herro broke his hand in the first playoff game.

☆ The San Antonio Spurs Win the Victor Wembanyama NBA Lottery
▼ + stars: | 2023-05-17 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

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☆ Austin Reaves Dodged the NBA Draft—and Became the Lakers’ Secret Weapon
▼ + stars: | 2023-05-15 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

A grin broke across Austin Reaves’s face at the post-game podium. The Los Angeles Lakers had just eliminated the defending champion Golden State Warriors on Friday night, and Reaves had contributed 23 points and 6 assists—both numbers second on the team only to LeBron James. He had arced in four 3-pointers (one from half court as the second quarter expired), sidestepped Stephen Curry with a behind-the-back dribble, and flipped passes to open shooters with both hands. In a sure sign of his Lakers arrival, he’d been pulled from the game early, so the Los Angeles crowd could voice its appreciation. “It was not emotional, like, tears-wise,” Reaves said, “but the feeling when we subbed out with three minutes to go was very special.”

☆ Memphis Grizzlies Suspend Ja Morant After a Second Gun Video Surfaces
▼ + stars: | 2023-05-14 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

The Memphis Grizzlies suspended Ja Morant from all team activities. Photo: Petre Thomas/USA TODAY Sports via Reuters ConWhen the Memphis Grizzlies’ superstar point guard Ja Morant stepped away from the team in March after video circulated online of him dancing with a handgun at a strip club, the team didn’t use the word “suspension” in announcing the news. On Sunday morning, the club took a different tack after another Instagram Live video went viral—this one seeming to show the 23-year-old Morant posing with a gun near his face in the passenger seat of a car. “We are aware of the social media video involving Ja Morant,” a statement from the Grizzlies said. “He is suspended from all team activities pending League review.

☆ The Broken Fingers and Busted Eyes of the Boston Celtics’…Coaches
▼ + stars: | 2023-05-14 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

Boston’s 126-102 win over the Houston Rockets, on Dec. 27, was a laugher, with the Celtics’ All-Star duo of Jaylen Brown and Jayson Tatum racking up 39 and 38 points, respectively. The more intense competition had come hours earlier, on the same parquet floor at TD Garden. There, the Celtics’ coaching staff conducted a vicious, valorizing ritual. They played pickup basketball—or, rather, something like it.

☆ An MVP Shoves. An NBA Team Owner Falls. The Basketball World Decides: ‘Flop or Foul?’
▼ + stars: | 2023-05-08 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

In the NBA playoffs, players will do anything for an edge. But what about team owners? That question came up almost halfway through Sunday night’s game between the Denver Nuggets and Phoenix Suns. After Phoenix’s Josh Okogie sailed into the courtside seating to chase a loose ball, Denver star Nikola Jokic rushed to collect it, hoping to inbound the ball before Okogie had recovered. When Jokic tried to pry it from a spectator’s hands in Phoenix’s Footprint Center, a comedy of retaliatory gamesmanship ensued.

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