The downtown Los Angeles home of the NBA’s Lakers and Clippers, the NHL’s Kings and the WNBA’s Sparks will change its name after 22 years of operation, arena owner AEG announced Tuesday night.
A person with knowledge of the deal tells that Crypto.com is paying $700 million over 20 years to rename the building. The person spoke on condition of anonymity because the parties aren’t publicly announcing the terms of what’s believed to be the richest naming rights deal in sports history.
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CHINA CLEARS BOEING 737 MAX TO FLY AGAIN
China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes.
SHOULD YOU BANK WITH YOUR BROKERAGE?
If you’ve invested with a brokerage firm in recent years, you may have noticed that your brokerage offers a product called a cash management account.
SHOPPERS ARE BACK IN STORE, ONLINE, BUT VIRUS IMPACT LINGERS
Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet.
TESLA OFFICIALLY MOVES HEADQUARTERS FROM CALIFORNIA TO TEXAS
Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.
UK COMPETITION WATCHDOG ORDERS FACEBOOK TO SELL OFF GIPHY
The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images.
SCIENCE REPORT: US SHOULD MAKE LESS PLASTIC TO SAVE OCEANS
America needs to rethink and reduce the way it generates plastics because so much of the material is littering the oceans and other waters, the National Academy of Sciences says in a new report.
MERCEDES, STELLANTIS TO WORK WITH US FIRM ON NEW BATTERIES
Automakers Mercedes-Benz and Stellantis announced agreements with U.S. company Factorial Energy this week to help develop solid-state battery technology that they hope could make electric cars more attractive to a mass market.
FROM SQUARE TO BLOCK: ANOTHER TECH COMPANY CHANGES ITS NAME
There’s a new Silicon Valley corporate name change on the block.
GM CITES IMPROVED CHIP SUPPLY IN RAISING FINANCIAL GUIDANCE
Citing an improved supply of automotive computer chips, General Motors raised its financial guidance on Wednesday and said it expects to return to a normal production rate by the end of next year.
DATA HACKED FOR 400,000 PLANNED PARENTHOOD LA PATIENTS
The Los Angeles branch of Planned Parenthood was hit by a data breach involving about 400,000 patients, but there is no indication that the information was used “for fraudulent purposes,” the group said.
RIGHT ON CUE: NBA FINDS HIGHTECH OPTION FOR VIRUS TESTING
If so inclined, an NBA player could now test himself for the coronavirus and get results on his phone in no more than 20 minutes.
DO COVID TITLES COUNT?
If a team wins Game 7 and no one is around to cheer and high five, is it still the champ?
The Case for Speed-watching
How I came to love watching TV shows really fast. (I swear I’m not a monster.)
The NBA’s most clutch player and greatest rapper is also an endorsement machine who last year earned as much as Oprah and Paul McCartney.
WHERE THERE'S SMOKE, THERE'S Fire
For former No. 1 pick Deandre Ayton, the last three years have had their ups and downs. Now that he and the Phoenix Suns are back on the way up, DA wants everyone to know that's where they're planning to stay.
As North Carolina rapper J. Cole transitioned from up-and-comer to full-blown vet, he came to a realization: staying sharp and fighting off complacency ain't easy. Inspired by his love for basketball and his desire to remain on top of the game, the 36-year-old has been treating music like a competitive sport while he readies his next project: The Off-Season.
ONE STEP AT A Time
NBA and G League vet Jeremy Lin and Loyola Marymount's Anthony Yu speak candidly about the ups and downs of being Asian American in the basketball world.
THE GARDEN Blooms
The Knicks are back. Deadass, they're back. A return to the tough, gritty, resilient style that made the teams of the past so dominant has allowed Saba Julius Randle and RJ Barrett and the Knicks an opportunity to compete for homecourt advantage in the 2021 playoffs. Facts.
Can't YOU SEE
It ain't hard to tell that supernatural vision has established Nuggets star Nikola Jokic as a clear candidate for the 2021 MVP Award.
6 apps that take you to a VR world
Grab a headset and jump into virtual reality