Steve Nash Was The NBA’s Unlikeliest MVP… Then He Won Another One | The Class Of ’96

On this episode of The Class of ’96, Bomani Jones looks at the life and career of Steve Nash. Barely recruited out of Canada, Nash landed a scholarship to Santa Clara University and became the 15th pick in the 1996 NBA draft. He went on to win two MVP trophies with the Phoenix Suns while guiding some of the most efficient offenses in league history.

Godfrey On Being Asked To Be More Like Kevin Hart And Chris Rock During Casting Auditions

Famed comedian Godfrey opened up to VladTV about the media seemingly choosing to focus on one black comedian at a time. He explained that it definitely seems that way in the industry, and Godfrey added that he’s even asked to be more like Kevin Hart or Chris Rock when he goes out for auditions.

During the conversation, Godfrey also spoke about black female comedians not getting any respect in the industry, and being tired of people saying that black comedians are bitter.

To hear more, including growing up in Chicago, hit the above clip.

Reddit Acquires TikTok/Triller Rival Dubsmash

Reddit has acquired Dubsmash, the lipsyncing video app which launched in 2014 and was largely supplanted when TikTok showed up. 

Announced via Reddit’s blog on Sunday, the annexing of Dubsmash’s 12-person team to Reddit’s 700-strong horde is the popular website’s first major acquisition in its 15-year history.

While the financial terms of the agreement haven’t been disclosed, Dubsmash will be keeping its own platform and separate branding. Dubsmash’s Android and Apple apps will continue to operate as normal, with its video creation tools simply integrated into Reddit’s infrastructure. 

Reddit currently allows users to upload and livestream videos, however its editing capabilities are somewhat lacklustre — a problem this acquisition hopes to address.

“The transition to video will be bigger than the transition to mobile,” Reddit co-founder and CEO Steve Huffman said, speaking via the Wall Street JournalWhich sounds fake, but okay. Pivots to video historically haven’t worked out well, but perhaps the distinction between editorial and user-created content will yield better results.

Dubsmash went through a slow decline in the wake of its 2015 popularity boom, before revamping itself in 2017 to stage an unlikely comeback. While still not as successful as TikTok, the short-form video app established a significant audience by focusing on the one demographic still using it — Black teenagers in the U.S

As such, both Reddit and Dubsmash’s acquisition announcements heavily emphasised the diverse, underrepresented creators who use the app. According to Reddit, a quarter of Black teens in the U.S. use Dubsmash, while 70 percent of users are women or girls.

“By joining forces with Reddit, we expand our ability to serve the creators that represent the lifeblood of Dubsmash, helping them connect, share, and deepen their impact on culture,” wrote Dubsmash co-founders Suchit Dash, Jonas Drüppel and Tim Specht. The trio further reaffirmed their goal to “[create] a safe and welcoming platform for underrepresented communities.”

“Both Reddit and Dubsmash share a deep rooted respect for how communities come together,” said Huffman. “Dubsmash elevates under-represented creators, while Reddit fosters a sense of community and belonging across thousands of different topics and passions.”

Source: Mashable

Apple and Tesla are doing stock splits. Here’s what that actually means to investors

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When a company splits its stock, its total value doesn’t change; it just ends up with more stocks, each at a cheaper cost.

Here’s a food metaphor: If you ask the guy at the pizzeria to cut each slice in your large pie in half, you’ll still go home with the same amount of pizza. You just have more, smaller slices now.

Companies typically say they’re splitting their stocks to make them affordable to more people.

But, is that reality? It’s more of a way to grab headlines and bring in money, said certified financial planner Douglas Boneparth, founder and president of Bone Fide Wealth in New York.

“This was done as a marketing tool to get smaller investors to invest in the stock,” Boneparth said. “The actual mechanics of the company are the same.”

And therefore, so are your chances of making a profit on either Tesla or Apple, experts say.

“People ultimately want to know, ‘What does this mean for my bottom line?’” Boneparth said. “The answer is: nothing.”

If you own Apple in an index fund, for example, it’s as if you had a dollar that just turned into four quarters, Boneparth said.

Source: CNBC

2017 – The Carter Effect transformed Canadian basketball: Ex-Raptors star ignited sport’s popularity in a hockey-mad country

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Prior to Carter’s arrival, Raptors games were such a tough sell even scalpers found it difficult to make anything off their tickets.

The Daytona Beach, Fla., native took the league by storm earning the nicknames “Half man, half amazing” and “Air Canada” for his electrifying dunks and high-flying acrobatics.

“When he was ‘Vinsanity,’ I was enjoying it as a fan like everyone else and noticing the talks amongst my friends in the classrooms — it was no longer about hockey, it was basketball now,” Menard said.

Carter’s performance at the NBA Slam Dunk Contest on February 13, 2000 forever changed the landscape of Toronto and Canadian basketball’s reputation.

The burgeoning star opened the competition at Oracle Arena in Oakland with a 360 windmill dunk and later executed the iconic between the legs dunk off a bounce.

“Without that dunk competition, I don’t know if you have this type of effect [on Canadian basketball]. It was so important that he was wearing ‘Toronto’ across his chest for that dunk contest because it put the city on the map globally — he was representing our city,” Menard said.

Source: CBC

Reddit changes logo in support of #BlackLivesMatter and co-founder Alexis Ohanian resigns; asked to be replaced with black candidate

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Current CEO Steve Huffman posted a letter to Reddit employees on June 1 outlining support for the Black Lives Matter movement, but it did not include specific actions the company was taking. The logo will remain black for eight days, in symbolism of the number of minutes Minneapolis police office Derek Chauvin held his knee on George Floyd’s neck.

Today, Reddit co-founder Alexis Ohanian announced his resignation from his role on the board of directors and asked to be replaced with a black candidate. He has also donated one million dollars to Colin Kaepernick’s Know Your Rights campaign, and said he will funnel all future gains on his Reddit stock to benefit the black community.

Source: SF Gate

Joe Rogan’s podcast moving exclusively to Spotify on multi-year $100 million deal — and it’s the platform’s latest addition to the podcast empire it’s building to compete with Apple and Google

The Joe Rogan Experience, which is downloaded nearly 200 million times per month and makes $30 million annually, will only be uploaded to Spotify starting in September. Rogan’s YouTube channel will no longer host full episodes.

It’s a victory for Spotify, which is aggressively building out a podcast empire to compete with the likes of Apple and Google. The deal is reportedly worth over $100 million.

Source: Business Insider