Bob Iger and Josh Kushner Reportedly Buying Lakers for $12 Billion
Disney CEO Bob Iger and billionaire investor Josh Kushner are reportedly acquiring the Los Angeles Lakers for $12 billion. The deal would shatter NBA franchise sale records and represent a seismic shift in one of sports' most iconic teams. Neither the buyers nor the Lakers have officially confirmed the transaction.
Sources (3)
Variety 2 links
Related stories
Control of Britain’s 39m smart meters moves to non-profit startup
Control of Britain’s 39 million smart meters is passing to a non-profit startup, The Guardian reports. The shift affects how household energy usage data is managed and accessed. It matters because smart-meter data underpins billing, grid management and consumer energy services across the UK.
Oil prices fall as hopes rise for breakthrough to end Iran war
Crude oil prices dropped after markets reacted to signs of a possible diplomatic breakthrough aimed at ending the war involving Iran. The decline reflects how traders are pricing in reduced risk to global energy supplies. Any breakthrough would have wide implications for oil markets and the broader world economy.
Edgar Wright Calls Unauthorized AI Remaster of 'Spaced' a 'Bummer'
Edgar Wright criticized a new AI remaster of the cult TV comedy “Spaced,” saying it was not authorized by anyone involved in making the show. The dispute highlights growing concerns over consent and rights as AI tools are used to alter older media without creators’ approval.
Amazonian town transformed by rampant mining boom
A rampant mining boom has transformed an Amazonian town, with goods such as Chinese cigarettes and Bolivian beer reflecting new wealth and cross-border trade. The shift is reshaping the local economy and daily life, while raising concerns about environmental and social pressures.
Poundland's former owner offers to invest as UK minister prepares to meet board
Poundland's former owner has offered to put money into the struggling UK discount retailer, according to BBC Business. The move comes as a government minister prepares to meet the company's board amid concerns over the chain's finances. The talks matter because Poundland employs thousands of staff across hundreds of UK stores.