Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries.
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Why Is Google Selling Boston Dynamics Robotics Unit?
The video, published to YouTube on Feb. 23, was awe-inspiring and scary. A two-legged humanoid robot trudges through the snow, somehow maintaining its balance. Another robot with two arms and pads for hands crouches down and lifts a brown box and delicately places it on a shelf -- then somehow stays upright while a human tries to push it over with a hockey stick. A third robot topples over and clambers back to its feet with ease.
Tens of millions of people viewed the video over the next few weeks. Google and the division responsible for the video, Boston Dynamics, were seemingly pushing the frontier in robot technology.