NBA Bans Same-Player Under Parlays and Orders Betting Training for Every Player, Coach and Trainer
The NBA told its partner sportsbooks on Friday that they can no longer let bettors parlay unders on the same
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Markets
MSCI’s New Index Screen Puts Strategy’s Fate in Its Own Filings
MSCI will treat “non-operating companies” as ineligible for its global indexes from the November review. The rule’s timing runs through two years of annual filings, and the end of a 2025 freeze changes what happens to the new shares bitcoin-heavy companies issue.
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UK’s CMA Proposes Strategic Market Status for Microsoft, Putting Copilot in Play
Britain’s competition watchdog wants the power to set rules for Windows, Office and Copilot. Its own Teams evidence found no significant switching after unbundling, which puts Copilot on a clock.
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Friday Brief: Taiwan’s Texas Parks, Microsoft’s Own Base Model and Tesla’s $50,000 Roadster Line
Taiwan will help fund US industrial parks for its smaller chip suppliers, Microsoft trained a 2.8 trillion parameter base model it plans to license, and Tesla took Roadster reservations without a price. Plus Netflix’s new content chief and Proofpoint’s Varonis deal.
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Varonis’s Board Priced Its Own Plan Below Thoma Bravo’s Check
Proofpoint’s $6.3 billion cash deal for Varonis comes with a board statement that the offer beats the company’s standalone plan on a risk-adjusted basis, and the company is skipping its next earnings call.
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The SEC Cleared Cboe’s $1 KPI Options and Left the Door Open for the CFTC
Binary options on iPhone sales, AWS revenue and Tesla production now have a securities-exchange home. Chair Atkins says the futures regulator can list the same numbers under its own rules, and nothing trades until Cboe’s clearinghouse is approved.
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ByteDance Nears MediaTek AI Chip Deal Under a U.S. Export Ceiling
TikTok’s owner is in advanced talks to buy custom data-center chips from MediaTek, Bloomberg reports. The deal would give MediaTek a second big customer after Google, one that can only buy what a U.S. export threshold allows.
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Thursday Brief: Anthropic’s Cash Flow, TSMC’s Record and Jio’s Debt-Heavy IPO
Anthropic showed investors a cash-flow positive quarter as its growth slowed, TSMC posted a sixth straight record profit and raised its outlook, and Jio priced an IPO that mostly pays off debt. Plus SportsGrid’s sale and Fox’s Roku vote.
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Fox and Roku shareholders approve Fox’s $22 billion Roku acquisition as DOJ review continues
Fox is paying $160 a Roku share, about $14.7 billion of it in cash, for a platform that brought in $4.64 billion of platform revenue over the past year. The filings also show what Fox agreed to pay if antitrust regulators block the deal: more than Roku’s past year of free cash flow plus all of Fox’s promised savings.
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Japan to fund up to $21 billion for two New York chip fabs run by GlobalFoundries, as Commerce takes about 4% of GF
Japan supplies the money, GlobalFoundries supplies the technology and runs the plants, and the Commerce Department takes a stake in GF. The company bringing the know-how lists no construction bill of its own.
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