Mark Cuban recently told the Miami Herald that his botched trade with the Miami Heat was a “miscommunication.” While there is no hard evidence to the contrary, the simplified story from the Dallas Mavericks owner leaves room for questions. The trade materialized during the Miami Heat’s attempt to acquire Philadelphia 76ers star Jimmy Butler in June. The Heat needed to match his incoming salary...
Libra is under attack from a big name in the tech world, again. Mark Cuban, the billionaire owner of the Dallas Mavericks and recurring Shark Tank guest, has already called Facebook’s new digital currency “dangerous” and “a big mistake.” Now he's doubling down on that prediction, suggesting that it could be even worse than he previously imagined. Libra's Lethal Potential He recently went on “The...
Artificial Intelligence will not be stopped, and the smartest guys in the room know it. Billionaire Mark Cuban, of Shark Tank and Dallas Mavericks fame, is starting to focus his resources on this transformational technology. Cuban teamed up with Microsoft and Walmart to create a program that will give coming generations a head start on the rise of AI. The Mark Cuban Foundation created an “AI...
Tech entrepreneur and Dallas Mavericks owner Mark Cuban joined the growing list of skeptics warning about the apocalyptic dangers of Facebook's cryptocurrency project, Libra. In an interview with CNBC, Cuban made his position on the Libra clear: “I’m not a big fan of what they’re doing there. I think it’s a big mistake [...] but it's only in the talking stage so we'll see what happens.” Mark...
Billionaire Mark Cuban is often the guy on "Shark Tank" who graciously declines to make an investment into one of the hopeful entrepreneurs pitching to him and a panel of investors. He's also backed some smash hits whose revenues have soared. While his latest investment may not be on "Shark Tank," Cuban has found a cause worthy of his name – artificial intelligence (AI) startup Hala Systems that...
By CCN: Billionaire bitcoin skeptic Mark Cuban torched the Securities and Exchange Commission as "useless" bureaucrats who bring "ridiculous" lawsuits against investors to justify their worthless existence. "I'm obviously not a fan of the SEC," Cuban told CCN. "I think they prefer regulation through litigation and that creates problems for everyday investors." Cuban — whose net worth tops...
By CCN: If the founders of Uber were to appear before the panel of Shark Tank reality TV show, they would certainly not get a dime from billionaire Mark Cuban or multimillionaire Kevin O'leary. In separate interviews, the two reality TV stars indicated that investing in Uber’s stock now that it has gone public was not something they would consider doing. Canadian businessman Kevin ‘Mr. Wonderful’...
By CCN: Donald Trump might not be the only billionaire in the 2020 presidential race. Americans could have an alternative to both Trump and whoever wins the wide Democratic field in the form of billionaire Mark Cuban - owner of the Dallas Mavericks, prolific entrepreneur, and cautious Bitcoin optimist. Mark Cuban Waiting for a 'Perfect Storm' to Spark Presidential Aspirations Cuban told CNBC...