Daily Archives: March 25, 2021

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NEW YORK, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Cellular Biomedicine Group, Inc. (NASDAQ: CBMG)Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CBMG to members of CBMG management.If you are a CBMG investor, and would like additional information about our investigation, please complete the Information Request Form.GCI Liberty, Inc. (NASDAQ: GLIBA) - Liberty Broadband Corporation (NASDAQ GS: LBRDK)Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of GLIBA to LBRDK.If you are a GLIBA or LBRDK investor, and would like additional information about our investigation, please complete the Information Request Form.Jernigan Capital, Inc. (NYSE: JCAP)Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of JCAP to an affiliate of NexPoint Advisors, L.P.If you are a JCAP investor, and would like additional information about our investigation, please complete the Information Request Form.NTN Buzztime, Inc. (NYSE: NTN)Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of NTN with Brooklyn ImmunoTherapeutics LLC.If you are a NTN investor, and would like additional information about our investigation, please complete the Information Request Form.ATTORNEY ADVERTISING. 2020 Lifshitz Law Firm, P.C. The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.Contact: Joshua M. Lifshitz, Esq. Lifshitz Law Firm, P.C. Phone: 516-493-9780 Facsimile: 516-280-7376 Email: info@jlclasslaw.com

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NTN Buzztime, Inc. (NTN) Stock Price, News, Quote ... - Yahoo

Yahoo is the legacy Web 1.0 brand that just wont get dragged and dropped into the trash bin of history, and thats largely thanks to Verizons tireless efforts to keep it going after buying the company a few years ago for nearly $5 billion. This time around, the telecom giant actually wants to expand the Yahoo brand to all of its consumer-facing web properties with a new series of subscription offerings organized around what its calling Yahoo Plus, according to a new report from Axios.

Its important to mention right now, before we go any further, that the official Verizon Media Group branding provided for Yahoo Plus stylizes it as Yahoo!+, with that deranged cousin of the interrobang slapped onto the end of it. Apparently Oath, which was the previous incarnation of Verizon Media Group and technically the division that swallowed Yahoo after the acquisition, was not the end of the companys poor naming decisions.

If Yahoo Plus (were going to drop the exclamation point and the plus sign) sounds like a streaming service, youre right. It certainly does, but its not. Yahoo Plus will instead be a kind of hybrid media portfolio of various Yahoo products and services, including its finance platform; its very-much-still-alive email platform; its media properties, including Engadget and TechCrunch; and its fantasy sports service, among others. But in all seriousness, there is a sizable business here: Verizon tells Axios it already has 3 million existing customers of subscription products it offers across services like Yahoo Finance and Yahoo Fantasy.

In some cases, customers of Yahoo Plus will pay for extra premium features, while in others like the existing subscription version of Yahoo Mail called Yahoo Mail Pro youll pay to remove ads, Axios reports. We dont know how Verizon plans to bundle this as Yahoo Plus, or whether it will charge for each one separately and how much.

The bigger picture here is that Verizon is acknowledging a hard reality after the write-down of its entire media business back in 2018 (just a year after the Yahoo deal closed) and the unceremonious end of its unsuccessful proto-Quibi streaming app go90. And that is that the whole targeted advertising play it was hoping to pull off by combining its telecom analytics, AOL, Yahoo, and its various other corporate tentacles is simply not equipped to take on the Facebook-Google duopoly in online advertising.

So Verizon is now trying subscription models. Those are certainly all the rage in media these days. After all, collecting recurring direct payments from consumers is the only surefire way to inject any stability in an ad market largely dominated by Big Tech and susceptible to cataclysmic downturns, like what happened last year when the COVID-19 pandemic set in.

That brings us back to Yahoo Plus. While it may seem silly to continue leaning on the brand perhaps best known for signaling an email address thats remained unchanged since high school, the Yahoo brand is admittedly resilient and about as close to a household name in websites as you can get outside the major Silicon Valley corporations.

Yahoo is the future of our consumer facing brand, Joanna Lambert, Verizon Medias consumer chief, told Axios. From a strategy perspective, we have enormous scale that is unlike most media companies in the world. The question becomes, how do we take that audience and drive them from being free users to subscribers of really valuable paid offerings?

Lambert is right about the massive scale of Yahoo properties theyre still among the biggest on the web. And if Verizon can somehow pull off a series of subscription services that actually complement its ad business, then itll have truly breathed new life into the Yahoo name. Were just still a little unsure on the whole Yahoo!+ thing. Lets hope it rethinks that.

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You probably havent used Yahoo in a while, but what if it cost you money? - The Verge

Sixteen women have filed civil lawsuits accusing Deshaun Watson of varying degrees of sexual assault, putting the Houston Texans quarterbacks future in doubt. Watson denied any wrongdoing in a general statement last week.

Amid the pile of lawsuits though, one that was filed late Tuesday afternoon in Harris County, Texas, could prove to be the most problematic for Watson.

It includes a potential criminal act, possible physical evidence and multiple counts of contemporaneous reporting that experts say is critical in these kinds of situations. It also mirrors many of the other allegations and potentially bolsters them due to the date of the act and the woman's real-time reporting.

This is clearly the one with the most credibility to it and clearly the one that could present criminal problems for Watson, said Craig Mordock, a New Orleans-based attorney who frequently handles sexual assault defense and has also represented victims of sexual assault in civil and criminal matters.

Much of Jane Doe 15s allegations are similar to those by other women, each of whom Watson hired to provide massages. In May of 2020, she said Watson contacted her via Instagram seeking a massage that would focus on his groin area, his glutes and his lower abdominals.

Doe 15 was surprised that a famous NFL quarterback sought her out. She alleged that she informed him that she was a licensed personal trainer, not a massage therapist. She could help with post-workout muscle therapy, but massages were not her specialty.

Watson was undeterred and scheduled her to come to his house on May 28, according to the lawsuit. She arrived and Watson led her to the theater room, where she set up before Watson returned wearing just a towel.

Doe 15 alleged in her lawsuit that when Watson eventually flipped over onto his back, the towel fell off [and] Watson was completely naked and exposed his penis to the Plaintiff. Watson also moved his penis onto Plaintiffs hand. Watson had pre-ejaculate leaking out of his penis, which got onto Plaintiffs hand. Plaintiff felt like she wanted to vomit.

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Deshaun Watson is now facing 16 civil lawsuits alleging various levels of sexual assault. (Carmen Mandato/Getty Images)

Doe 15 said she was confused and upset and chose to end the massage session. She stated she left soon after.

Watsons actions are a potential violation of 22.012 of the Texas penal code indecent assault which is punishable for up to one year in prison or a fine of $4,000.

If what happened is as its described in the lawsuit, then it is absolutely indecent assault, Mordock said.

Watson could face more serious felony sexual assault charges based on the allegations by Jane Doe No. 3 and No. 9 concerning forced oral sex, however those civil lawsuits do not indicate a level of contemporaneous reporting that Jane Doe 15 does.

When Plaintiff got home that day, the lawsuit reads, Plaintiff immediately called her mom and her best friend to tell them what happened and said she was traumatized Plaintiff also received a text message from Watson that same day asking her if she was OK. Plaintiff did not respond. For weeks afterwards, Watson repeatedly contacted Plaintiff asking if he could book her again. Plaintiff either ignored the requests or said she was too busy.

The fact that Doe 15 alleges to have told two people her mother and her best friend that very day about what allegedly happened could provide significant credibility to her claim. Her story is on the record. Both individuals could be called to testify in either a criminal or civil claim.

That is a contemporaneous report, Mordock said. It is the key to these cases. It signals that the alleged victim in the matter knew that it was severe enough that she had to tell someone right away. They knew something was wrong right away.

Then you have him following up asking if she is OK? Mordock continued. That is not a particularly good fact for Watson. And then she refuses to engage with him.

The lawsuit did not include any of the alleged direct messages or text threads between the two. There would, however, be records of any communication between them if they did in fact take place, as Jane Doe 15 alleges.

Jane Doe 15 is, as the moniker suggests, the 15th woman to file a lawsuit against Watson. All of the plaintiffs have the same attorney, Tony Buzbee, which Watsons team has suggested undermines their credibility.

While it is not known when Doe 15 contacted Buzbee, the timing of her lawsuit, a full week after Jane Doe 1 first made her allegations public, suggests she joined up after the news broke.

If that is the case, then her contemporaneous report on May 28 would potentially offer proof that she isnt just mimicking the stories of the other massage therapists. In fact, she established the story before any of them began telling very similar ones. Hers would be the first known report, and since what she told her mother and friend would be unknown to the others, it in turn makes their ensuing stories more believable.

It matches up with pretty much every other description, but she reported it in May, when she knew nothing about any other women or any other complaints and no other women knew about her, Mordock said.

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The lawsuit that could be most problematic for Deshaun Watson - Yahoo Sports

They call it max pain in the bitcoin options market: How to make ones trading counterparty suffer the most.

Although the largest cryptocurrency was changing hands Wednesday around $56,500, traders were handicapping the odds of a plunge to about $44,000 by Friday, when a record $6 billion of options contracts is set to expire.

A drop to that price level would inflict max pain on buyers of options contracts, and it might be the most profitable price point for options sellers. Its a remote risk, but not one to be discounted.

Related: IBM Ventures Further Into Crypto Custody With METACO, Deutsche Bank Tie-Ups

The max pain theory states that the market will gravitate toward the pain point while heading into the expiry. Thats because sellers typically institutions or sophisticated traders with ample capital supply often try to push the price toward the max pain point by buying or selling the asset on spot or futures markets.

The bullish spin is that if bitcoin makes it through Friday without a major correction, a major overhang will be lifted.

Max pain for the March 26 expiry is currently $44,000 on Deribit, Luuk Strijers, CCO of Deribit, the worlds largest crypto options exchange by trading volumes and open positions, told CoinDesk. That does not mean the market will move to $44,000 by the end of this week, but it does imply that after Friday this potential downward pressure no longer exists.

Max pain is calculated by adding the outstanding put and call dollar value of each in-the-money (ITM) strike price. An ITM call is one where the strike price is below the spot market price, while a put is considered ITM when the spot market price is below the put options strike price.

Related: Goldman Files to Offer Notes Linked to an ARK ETF That May Have Bitcoin Exposure

A potential unwinding of trades as Fridays expiry approaches may inject some volatility into the market, according to Pankaj Balani, co-founder and CEO of Delta Exchange.

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Carry trading, or cash and carry arbitrage, is a market-neutral strategy that seeks to profit from increasing and decreasing prices in one or more markets. It involves buying the asset in the spot market and simultaneously selling a futures contract against it when the futures contract is trading at a significant premium to the spot price. That way, savvy traders can lock in fixed returns, as the futures price converges with the spot price on the day of expiry.

We also saw a lot of carry trades this expiry as the futures premium expanded from 15% to 25% per annum earlier this year, Balani said, adding that 60% of the short futures positions opened in carry trades are yet to be rolled over to the April expiry. Rolling over short futures means carrying over bearish positions from the current expiry to the next month.

The rollover, however, may not happen if the futures premium shrinks in the next two days. In simple words, carry trades will be squared off: Short futures positions will be squared off or allowed to expire, and the long positions held in the spot market could be dumped, leading to increased price volatility.

Also read: This Ether Options Play by Institutions Has Lottery Ticket Potential

If the premium on futures shrinks, then we can see the unwinding of the carry trade, which can increase short-term volatility on expiry day, Balani told CoinDesk in a WhatsApp call.

Traders have sold puts much more aggressively in this expiry, Balani said, adding that if the market starts falling due to some reason, these short put positions will be squared off. That would add to bearish pressures around the cryptocurrency ahead of the expiry.

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Bitcoin Traders Brace for Record $6B in Options to Expire Friday - Yahoo Finance

Draymond Green of the Golden State Warriors thinks he's pretty great at his job. On Tuesday's episode of the "Dubs Talk" podcast, he let everyone know, in no uncertain terms, just how great he thinks he is.

"You know, I can go all around the league and find good defenders, I just don't think any of them are as good as me," Green said. "I think I'm the best defender to ever play this game. One hundred percent. That's my opinion."

Green didn't just leave it there. He elaborated on why he thinks he's better than literally every other defender who has ever played in the NBA.

Via NBC Sports Bay Area:

"I also think I view the game a lot differently than most people view the game because I think I just see it from a different perspective. I think when you look at the things that make a good defender: Reaction time, toughness, being able to see the picture long before it develops, and most importantly, in order to finish a defensive possession, you got to rebound, and I think I rebound well.

"When I look at all the facets that make up the defensive side of the ball, I think I'm great in every facet that makes up that side of the ball. I think I'm the best defender to ever play in the NBA. I stand by that, I'd put myself up against anyone."

There was no way Green could make such a big statement and get no pushback. Tony Allen, 15-year NBA veteran and six-time of the NBA All-Defense Team, pushed back in a big way.

Then Green answered back.

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It wasn't over. Allen, who Kobe Bryant once called "the best defender I ever faced," went on "The Odd Couple" with Chris Broussard and Rob Parker to discuss Green's "best ever" statement.

Via Fox Sports:

Chris Broussard: Did it bother you that Draymond comes out and says hes the best defender ever?' "

Tony Allen: Yeah, you know it did, obviously That aint nothing you just come out and say It rubbed me the wrong way He's cut from the cloth Im cut from. Every time I see him play, I see him out there throwing his body out there, ready to get confrontational, ready to disrupt any offense by taking charges, and things of that nature. Thats what I know you for. But I ain't heard Dirk Nowitzki come out and say, 'Man, that bo, Draymond Green' I ain't heard LaMarcus Aldridge come out and say 'That boy Draymond Green' Nah, what his game is, he's already stamped. He's a champion. He's a DPOY. But when you say youre the best in the world? No, stop it Can he do that same thing if he was on the Charlotte Hornets right now?? Can he have that same impact on another team? We all know him from passing the ball to Klay, making plays, being disruptive on the defensive end, taking charges, and making the prolific scorer on the other team irritated thats his defense to the game. He aint locking in no KD the last five minutes of the game and stopping KD from scoring five or six buckets in a row to win. Thats what I call a lockdown defender. What he do is very honorable and very respectable, but as far you saying youre the best? Man, we gotta talk about this."

Well then. Allen may want to talk about it, but something tells me Green won't want to hear what he has to say.

Draymond Green thinks he's the best defender of all-time, but not everyone agrees with him. (Photo by Lachlan Cunningham/Getty Images)

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Draymond Green thinks he's 'the best defender to ever play in the NBA,' but Tony Allen disagrees - Yahoo Sports

USC entered the NCAA tournament boasting the Pac-12's most efficient defense.

When it brought an offense to match, Kansas didn't stand a chance.

No. 6 seed USC smothered No. 3 seed Kansas on both sides of the floor Monday, handing the Jayhawks their worst-ever NCAA tournament loss, 85-51. Their previous worst effort was a 60-42 loss to Indiana in the 1940 national title game.

The win caps a dominant weekend for the Pac-12, which sends four of its five entrants in the tournament to the Sweet 16. USC joins UCLA, Oregon and Oregon State in the tournament's second weekend. Only Colorado, which lost to Florida State on Monday, was eliminated.

Evan Mobley looked every bit the part of an NBA lottery pick against Kansas. (AP Photo/Paul Sancya)

USC punched Kansas out of the gate en route to a 40-21 halftime lead. It kept its foot on the gas in the second half of a game where Kansas did not compete. The Trojans were powered by the Mobley brothers who put on a clinic on both sides of the floor.

Freshman center Evan Mobley, a projected NBA lottery pick who swept the Pac-12's individual awards, was a force in the post with 10 points, 13 rebounds and three blocks. He added five assists.

Sophomore forward Isaiah Mobley led the scoring effort with 17 points to go with eight rebounds and four assists. He paced a red-hot shooting effort, hitting 4-of-5 3-pointers.

The Trojans shot lights-out from the field, connecting on 57.1% of their field goals. They were even better from deep, hitting 11-of-18 (61.1%) attempts. And their defense was arguably better.

USC held Kansas to a 29% shooting clip from the field. Marcus Garrett, with 15 points, was the only Jayhawk to score in double figures.

All Big-12 forward David McCormack rejoined the starting lineup Monday after posting 22 points and nine rebounds off the bench in his return from a bout with COVID-19 in Saturday's opening round win over Eastern Washington. He was a non-factor in 22 minutes with five points and four rebounds.

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Jalen Wilson returned to the lineup in a limited role while Tristan Enaruna remained sidelined by the same round of COVID-19 that forced Kansas out of last week's Big 12 tournament. But it's hard to imagine Kansas at full force standing a chance on Monday. USC was simply in another league.

The win sets up a Pac-12 showdown with Oregon in next weekend's Sweet 16, ensuring that the conference's stellar run will continue with at least one team in the Elite Eight.

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USC, Mobley brothers hand Kansas its worst-ever NCAA tournament loss - Yahoo Sports

LOS ANGELES (AP) Kawhi Leonard scored 25 points, Terance Mann added a season-high 21 and the Los Angeles Clippers rallied from a 22-point deficit in the second half to snap the Atlanta Hawks' eight-game winning streak with a 119-110 victory Monday night.

Luke Kennard made all eight of his shots and scored all of his season high-tying 20 points in the second half for the Clippers, who fell behind 88-66 in the third quarter shortly after a frustrated coach Ty Lue put in a small lineup of five reserves.

''With the team that we have, we know that we're capable of making some comebacks,'' Kennard said.

With Mann and Kennard spurring the comeback, Los Angeles ended the game on a dominant 53-22 run.

''I think we realized over the past few games that energy is one of the things that works for us,'' said Mann, who scored 11 points in the fourth quarter. ''When we're hustling, rebounding the ball and showing personality, it's made us open up our eyes.''

Trae Young had 28 points and eight assists, and John Collins scored 23 points in the Hawks' first loss of March, and their first under new coach Nate McMillan. Atlanta's winning streak was its longest since January 2015.

''I thought we just started celebrating,'' McMillan said. ''They made some adjustments, they went small, and we just lost our focus and didn't finish this game. ... We lost our composure.''

After Lue emptied his bench because he said he was ''looking for life,'' a lineup without All-Stars Leonard and Paul George shockingly trimmed the deficit to single digits. George finished with a season-low eight points, but the Clippers didn't need him.

''I think it's definitely one of the most fun games I've been a part of in my basketball career,'' Kennard said. ''That's top two, if not at the top. The group that was in, and then just hearing the guys on the sidelines, the way they were cheering us on as we made that run, that's what it's all about.''

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After Mann hit the tying layup with 4:25 to play, he drilled a 3-pointer with 2:42 left to give Los Angeles its first lead of the second half.

Leonard's decisive 3-pointer with 1:23 left capped a 50-20 surge by the Clippers, and the superstar added another on the next possession for a flourish on the stunned Hawks.

''We've gone through this before,'' Young said. ''We've done a great job recently of closing out games. You're not going to be perfect all season, but it felt like we had a real good chance of closing this one out.''

TIP-INS

Hawks: Danilo Gallinari was whistled for a flagrant foul on Mann in the third quarter. Gallinari then missed the fourth quarter with a left knee bruise, McMillan said. ... Young hit five of their 12 3-pointers and had four of their seven turnovers.

Clippers: They traded Mfiondu Kabengele to Sacramento during the game. Mann's collegiate teammate at Florida State appeared in 35 games over two seasons with LA. ... LA again played without two regular starters. Patrick Beverley has missed five straight games with right knee soreness, and Serge Ibaka has missed the last four due to lower back tightness.

NIGHT OF THE HUNTER

De'Andre Hunter scored eight points in 21 minutes for Atlanta in his first game since Jan. 29. He missed 23 games while recovering from arthroscopic knee surgery.

''He went out there and played good,'' Young said. ''I know he was trying to get into a rhythm. He got a couple of shots to go down, and it was good to see.''

Hunter averaged 17.2 points and 5.4 rebounds in his first 18 games. McMillan said Hunter is on a minutes restriction for now.

LUUUUKE

Kennard got a $64 million extension in the offseason, but had played only 64 minutes in the last 10 games. He shook off any rust with a dazzling effort against the Hawks, hitting four 3-pointers while adding seven rebounds and four assists without a miss.

''Luke is a bucket,'' Mann said. ''He can get to it, and it was great to see.''

Kennard even banked in a 3-pointer from halfcourt at the third-quarter buzzer to cap his 13-point quarter.

''When that deep shot went in from halfcourt, I said, `Shoot, you know what? Let's just keep this momentum going,''' Kennard said. ''A 20-point (deficit) seems like a lot, but we just chipped away.''

UP NEXT

Hawks: At Kings on Wednesday.

Clippers: At Spurs on Wednesday.

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More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP-Sports

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Reserves lead Clippers' huge rally to 119-110 win over Hawks - Yahoo Sports