Clippers Punishment Puts Disputed ESPN Report Under Spotlight
The NBA fined the Clippers fifty million dollars and stripped them of draft picks over a salary cap scheme, which means Steve Ballmer's ESPN report problem just got a lot more expensive.
- 02Fed Beige Book Shows High-End Spending Defying Consumer Strain
The Fed's Beige Book confirms high-end spending holds while middle-market tightens, which means the consumer economy stopped being one thing and became two separate stories pretending to be the same.
PYMNTS - 03Uber beats Waymo as first to launch robotaxis in London
Uber's London robotaxi launch with Wayve's tech under the wheel marks the moment the race flipped from proving the tech works to proving the commerce works, and a safety driver still in the seat keeps the liability anchored.
The Verge - 04Palo Alto Networks paid $500M for Thrive-backed Console, sources say
Palo Alto Networks paid half a billion for a console startup because IT automation scaled faster than anyone predicted, leaving the VC winners to sort themselves out while the buyer simply removed a competitor.
TechCrunch - 05Tankers ablaze in the Persian Gulf
Tanker attacks in Hormuz and Iranian retaliation claims are escalating the same strait that moves one-third of global seaborne oil, which means energy markets and shipping insurance just got a live problem instead of a scenario.
Macrobusiness
