The former Microsoft CEO and owner of the L.A. Clippers says the sports industry needs to create arenas where video gamers can compete. "A lot of it is virtual but some of it has a physical aspect to it," he told Cheddar's Jon Steinberg. Ballmer is looking to redesign the Clippers arena in a way that integrates concerts and eSports under one roof.
For full interview, [click here](https://cheddar.com/videos/from-microsoft-to-basketball-steve-ballmer-on-creating-a-winning-team-with-la-clippers).
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
