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Lakers to be sold in record-breaking $10 billion deal: ESPN
Lakers to be sold in record-breaking $10 billion deal: ESPN
by  AFP

The Los Angeles Lakers are being sold in a record-breaking $10 billion deal that makes the iconic franchise the highest-valued sports team in US history, ESPN reported Wednesday. Walter is the chief executive of holding company TWG Global which has built an impressive portfolio of professional sports teams, including the Los Angeles Dodgers and Los Angeles Sparks.

US approves Gilead's twice-yearly injection to prevent HIV
US approves Gilead's twice-yearly injection to prevent HIV
by  AFP

The US Food and Drug Administration on Wednesday approved Gilead Sciences' twice-yearly injection to prevent HIV, a move the company hailed as a major breakthrough in the fight against the sexually transmitted virus. The approval also comes as President Donald Trump's administration has slashed funding for HIV treatment and prevention programs both overseas and within the United States. ia/dw

Musk's X sues to block New York social media transparency law
Musk's X sues to block New York social media transparency law
by  AFP

Elon Musk's X Corp. has filed a lawsuit challenging a New York state law that requires social media companies to report how they moderate hate speech and disinformation. The New York law requires social media companies with over $100 million in annual revenue to submit semiannual reports detailing how they define and moderate hate speech, racism, extremism, disinformation and harassment.