With Labor Issues Settled, NBA Strikes Deal With Sprint

Sprint is forking over millions to become the official wireless company of men’s professional basketball. In addition to bragging rights, Sprint will also offer up a host of hoops content to its subscribers.
Sprint CEO Dan Hesse

News Byte

Former Facebook Exec Friends Golden State Warriors

One of Facebook’s earliest execs, Chamath Palihapitiya, has become one of the owners of California’s Golden State Warriors. The National Basketball Association team did not disclose the financial terms in its news release on Palihapitiya’s investment, which will make him an executive board member of the Oakland-based team.

Top Microsoft Infrastructure Exec Chrapaty Heads to Cisco

One of Microsoft’s top execs, Debra Chrapaty, who heads its infrastructure business, is leaving the software giant to take a top job at Cisco, sources said. Chrapaty–whose title is corporate VP of Global Foundation Services–is also one of increasingly few top women tech execs at Microsoft, where she has worked for seven years. Chrapaty will now shift to products at Cisco, running the collaboration software group, according to sources.
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Exclusive: Patch Media CEO Brod Now Heading AOL's Venture Unit

In yet another appointment of an exec close to AOL Chairman and CEO Tim Armstrong, Patch Media CEO Jon Brod has taken over the new venture arm of the Time Warner online unit. He ran Patch for Armstrong and was president and COO of Polar Capital Group, Armstrong’s private investment company, which is focused on the media, technology and sports sectors. Now Brod will helm AOL Ventures, a new unit of AOL that Armstrong created as part of a larger new strategy to invest in new things, and he will manage a portfolio of some of its more difficult recent acquisitions.
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Mark Cuban’s Twitter Bill: $510 a Word

Dallas Mavericks owner Mark Cuban has racked up more than $1.5 million in fines from the National Basketball Association for various transgressions. But he’s still finding ways to plow new ground. The latest: A $25,000 bill from the league for two messages, totaling 49 words, he posted via Twitter on Friday. Bonus new media debate: Can you copyright a Tweet?
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