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Dallas Cowboys first sports franchise to reach $9 billion valuation

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The Texas-based team beat the next most valuable team by $2 billion

Making history, the Dallas Cowboys have surged ahead to reach a team valuation of over $9 billion, as highlighted in Forbes’ 2023 NFL team valuation roster.

In comparison to the previous year’s Forbes list, the Cowboys witnessed a noteworthy 13% escalation in their calculated worth, building upon their groundbreaking feat of becoming the first team to breach the $8 billion mark in team value.

Additionally, they made history again by exceeding $500 million in operating income and $1 billion in revenue.

The gulf between Dallas and the rest of the league is substantial, with the New England Patriots securing the second spot in team value, albeit significantly behind at $7 billion.

The New York Giants claim second place in operating income with $216 million—a figure less than half of the Cowboys’ earnings.

Similarly, the Los Angeles Rams rank second in revenue at $686 million.

The Tennessee Titans experienced the most significant surge in value over the past year, marking a 26% increase to reach $4.4 billion.

This advancement propelled them from their 2022 ranking of 27th place with a value of $3.5 billion to their current 21st ranking.

The Las Vegas Raiders achieved a notable 22% surge, reaching a value of $6.2 billion, positioning them as the sixth most valuable team.

This demonstrates progress from their ninth-place position in 2022 with a value of $5.1 billion.

Another noteworthy shift was seen in the Miami Dolphins, whose value escalated by 24% to a sum of $5.7 billion, propelling them to the 11th position among the most valuable franchises.

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U.S. halts TSMC chip shipments to China

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The U.S. has ordered TSMC to stop shipping advanced AI and GPU chips to China starting Monday.

 

This decision follows concerns that TSMC chips were found in Huawei’s AI processors, potentially violating export controls. TSMC has informed its Chinese clients that shipments are now suspended. Huawei, already on the U.S. trade blacklist, faces further challenges in developing AI technology. The U.S. is also targeting other companies involved in shipping these chips to China as part of a broader effort to limit China’s access to advanced tech. TSMC has confirmed it will follow all export regulations.

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Trump’s plans to shakeup the Pentagon military leadership

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President-elect Trump’s return may spell big changes for the Pentagon.

Trump has hinted at removing military officials he deems “woke” or disloyal, creating unease within the Defense Department.

Some of Trump’s former generals have labeled him unfit for office, but he’s doubling down on loyalty as a top priority.

Senate Armed Services Committee chair Jack Reed warns that Trump could “destroy” the Pentagon by removing generals who stand by the Constitution.

Military leaders could face dismissal if they don’t align with Trump’s stances on issues like NATO or domestic deployments.

This loyalty push may reshape America’s military approach under Trump’s leadership.

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Judge grants request to pause Trump’s federal Jan. 6 case

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Special Counsel Jack Smith moves to vacate pretrial deadlines as DOJ weighs next steps after Trump’s Election Day victory.

U.S. District Court Judge Tanya Chutkan on Friday granted Special Counsel Jack Smith’s request to pause proceedings in former President Donald Trump’s federal Jan. 6 case.

The decision halts upcoming pretrial deadlines, allowing the Department of Justice (DOJ) time to consider next steps after Trump’s recent electoral win.

Smith’s motion filed on Friday highlighted the unprecedented situation, noting, “as a result of the election,” the DOJ seeks to vacate remaining deadlines to “assess this unprecedented circumstance.”

Judge Chutkan agreed, instructing the prosecution to submit a status report on December 2 with its proposed course of action.

The request marks a pivotal step, likely steering toward a halt in prosecution, given the DOJ’s longstanding policy against prosecuting a sitting president.

Trump’s victory, making him the first convicted felon elected to the White House, has prompted DOJ officials to deliberate on how best to close Smith’s two federal cases against him.

Had Trump lost the race against Vice President Harris, the former president could have faced potential prison time.

However, this Election Day win likely shields him from criminal consequences while in office.

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