Kyrie Irving‘s latest venture into conspiracy theories and controversy has drawn condemnation from Brooklyn Nets team owner Joe Tsai and his own team for its clear antisemitism. On Thursday, the Nets point guard tweeted out a link to a documentary called “Hebrews to Negroes: Wake Up Black America,” based on a book of the same name by Ronald Dalton Jr. As Rolling Stone explains it, the documentary puts forward “ideas in line with more extreme factions of the Black Hebrew Israelites, which have… Source link
Read More »Alibaba’s Ma, Tsai Pledged Shares for Bank Loans, FT Reports
(Bloomberg) — Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai pledged parts of their combined $35 billion stake in the e-commerce giant in exchange for significant loans from banks, the Financial Times reported, citing company documents. The share pledges were made by offshore companies controlling more than half of the duo’s stake in Alibaba, which stood at 5.8% as of December, according to the FT. The documents didn’t disclose the amount of the share… Source link
Read More »Nets’ Joe Tsai, Yahoo Founder Jerry Yang and More Launch $250 Million Initiative to Fight Hate
Several influential business leaders have recently started a $250 million initiative dedicated to serving 23 million Asian Americans and Pacific Islanders across the nation. Members of The Asian American Foundation (TAAF)launched the initiative on Monday. According to its organizers, the initiative is the “largest-ever philanthropic effort to support the AAPI community,”Reuters reported. In the last five years, TAAF’s board members have contributed around $125 million. The nonprofit… Source link
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