71 Presidents' Day tech deals that are worth your time — from Google, Amazon, Apple, and more
- The Insider Picks team writes about stuff we think you'll like.
- Presidents' Day weekend is an excellent time to honor the former leaders of our country while saving — and spending — money with their faces printed on it.
- There are tons of deals happening at many stores, so if you're shopping for new tech, but don't know where to start, we've combed through sales at Best Buy, Walmart, Dell, and Lenovo to find 70+ deals that are worth your time.
- Tech deals come around often, but Presidents' Day weekend gives you the opportunity to save on the all-new MacBook Air and LG's premium OLED TVs, which don't go on sale often.
- Use this list to avoid missing out again, because you might have to wait until Memorial Day weekend for deals this good.
The Pelicans' GM is suddenly out and it could be a good sign that the Lakers are still alive in the Anthony Davis sweepstakes
- The decision comes just days after the NBA trade deadline, which saw the Los Angeles Lakers offering a bounty of picks and young players for Anthony Davis.
- But the latest front office shuffle in New Orleans might be the best evidence Lakers fan have gotten yet that their team could still bring Davis to Los Angeles.
- The Pelicans decision to fire Demps gives a reason for Lakers fans to hope, as it implies that New Orleans' ownership has been unhappy with how Davis' looming trade has been dealt with, and possibly that the Pelicans front office would have preferred for the deadline deal to go through.
- According to Dan Woike at the Los Angeles Times, Demps future being up in the air was also a factor in the team's decision to wait until the summer to move Davis.
'Ann Coulter — I don't know her': Here are the most combative moments from Trump's sprawling press conference
- At the event in the Rose Garden, the president was expected to give a speech that touched on his recent decision to declare a national emergency in order to redirect funds toward the construction of a border wall.
- An NBC News reporter asked Trump whether he would admit that the current deal crafted by bipartisan lawmakers provided less wall money than what he could have gotten prior to the 35-day government shutdown, which was sustained over disagreements about border funding.
- CNN's Jim Acosta asked Trump about data from government agencies showing border crossing at historic lows, and of reports claiming illegal immigrants having lower crime rates than native-born Americans.
- But he claimed not to know Ann Coulter, an immigration hard-liner who has been one of Trump's biggest supporters, but has offered scathing criticism of the president amid the border wall fight.
Term Sheet -- Friday, February 15
- There’s been a lot of talk and interest around Opportunity Zones, a new capital gains exemption for people who make long-term investments in underserved communities.
- Though some potential opportunity funds froze during the government shutdown, Goldman Sachs Urban Investment Group says it was hardly affected by the lack of regulatory clarity.
- While the fund is still waiting for more details from Washington regarding equity and loan investments in the 8,700 or so Opportunity Zones that offer tax breaks to new investors, Goldman Sachs has been able to go ahead on real estate calls.
- Anadu added that most of the Opportunity Zone investments weren’t in the works before the legislation came to light, though it’s been able to source many deals because it was already on the ground in many of these neighborhoods.
- Polina Marinova produces Term Sheet, and Lucinda Shen compiles the IPO news.
Watch: Trump gives Rose Garden speech after vowing to declare national emergency
- President Donald Trump is set to deliver remarks from the Rose Garden on Friday, where he is likely to address his decision to declare a national emergency in order to build a border wall.
- But Trump will also sign a national emergency declaration over the "crisis" of illegal border crossings that he has long vowed to fix with a newly constructed wall along the U.S.-Mexico border.
- The deal, announced after nearly three weeks of bipartisan negotiations in Congress, provides about $1.4 billion toward physical border barriers — a fraction of the $5.7 billion that Trump has demanded must be included in any agreement to fund the government.
- The amount included in the deal would fund only about 55 miles of bollard fencing along the nearly 2,000-mile-long border, and Trump has said he is "not happy" about what negotiators have come up with.
What is the Brexit deal and what does it mean?
- The withdrawal agreement is a 550-page document which deals with issues arising from the UK's departure from the EU — things like budget contributions, avoiding a hard border in Ireland, and the status of EU citizens living in the UK and UK citizens living in the EU, after Brexit.
- That would mean the UK stayed in the EU customs union, while Northern Ireland stayed in parts of the EU single market, ensuring no new checks needed to be placed on goods passing between the Irish border.
- Many Brexit-supporting members of parliament oppose the backstop because they think the EU would seek to keep the UK permanently within the customs union, which they want to leave in order to strike independent free trade deals outside the EU, something countries cannot do inside the customs union.
Spotify says it paid $340M to buy Gimlet and Anchor
- Spotify doubled down on podcasts last week with a double deal to buy podcast networks Gimlet and Anchor.
- Kafka previously reported that Spotify paid around $200 million for Gimlet, which, if correct, would mean Anchor fetched the remaining $140 million.
- Gimlet raised $28.5 million from investors that included Stripes Group, WPP, Betaworks and Lowercase Capital, according to Crunchbase.
- As we reported last week, it plans to spend a total of up to $500 million this year “on multiple acquisitions” as it seeks to further its position on podcasting which, to date, has been an after-thought to its focus on music.
- In a blog post announcing the deals published last week, Spotify CEO Daniel Ek admitted that he didn’t originally release that “audio — not just music — would be the future of Spotify” when he founded the business in 2006.
Amazon’s opponents have mixed reactions to the company suddenly changing its NYC plans
- When grassroots activists and local politicians first started rallying a few months ago against Amazon’s intention to build a second headquarters in New York City, the odds that they could derail the plans of one of the nation’s most profitable, powerful companies looked slim.
- Many had hoped Amazon would reach a compromise with activists who wanted a better deal for the city’s working class in exchange for the $3 billion in tax breaks the company was set to receive for its massive development in Long Island City, Queens.
- But other organizations that have been critical of Amazon’s Long Island plan, including the Retail, Wholesale and Department Store Union (RWDSU), seemed disappointed that Amazon didn’t work harder to reach a deal with its proposed neighbors.
- Pro-labor groups were also using the deal as an opening to negotiate with Amazon over its employees’ union efforts in its other New York City facilities.
Pimco and DoubleLine Capital are players in a tug-boat investment gone bad — and their struggles highlight the dark side of credit markets
- Pimco and DoubleLine Capital are among the largest investors in a deal sold last May by a Seattle-based tug boat and barge company known as Harley Marine.
- Pimco's flagship Income Fund, run by co-chief investment officer Daniel Ivascyn, is one of the largest holders of the $405 million in senior notes sold last May by Harley Marine, according to data compiled by Bloomberg.
- The formal marketing period for whole business securitizations is 10 days, and the Harley Marine deal was no different, according to a source familiar with Guggenheim's process.
- Harley Marine quickly depleted most of its working capital, withdrawing more than 90% of the $10 million account in the first two months, Kroll wrote in an October report that placed the notes on watch for downgrade.
Save some money on Amazon Echo devices, movies, and games at Target
- Several of these sale prices match the lowest that we’ve seen, and it might be some time until we see them this cheap again.
- Target is continuing its ‘buy two, get one’ promotion on movies and video games for the rest of the week.
- Only select titles are included in the deal, though in the case of both games and movies, there are quite a few new releases to choose from.
- If you’re after video games, it’s a cheap way to get Red Dead Redemption 2, Kingdom Hearts 3, and Resident Evil 2 for the price of two games.
- This monitor usually hangs around the $200 mark, so while not a huge deal, it now matches the lowest price that we’ve seen.
- If you upgraded your graphics card recently, and don’t want to spend a lot on a monitor, this is a good deal.