2.26.2018

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2.26.2018
All your news in a single email. We scour 100+ sources so you don't have to. Culture, science, sports, politics, business, and more - all packaged in a 5-minute read below.
 
Need To Know.
FBI Probe Hits NCAA Basketball.
At least 20 high-profile men's college basketball programs may have violated the NCAA's amateurism rules, according to documents leaked over the weekend. The details, obtained by Yahoo! Sports, were swept up as part of a larger FBI probe into corruption in college athletics that already took down Louisville head coach Rick Pitino in September. The list of programs include heavyweights like Duke, Kentucky, Michigan State, and North Carolina (see full list). Most of the activities are not illegal but do run afoul of NCAA prohibitions on paying recruits - the FBI has focused in on 10 defendants, who they say violated the law by soliciting bribes as agents of federally funded organizations, because their broader universities accept federal funding (read more here).

In probably the most damning instance, Arizona head coach Sean Miller was caught on wiretap discussing a $100k payment to a go-between for a top recruit. Miller has not been fired but did not join the team over the weekend. 

Closing Ceremony in PyeongChang.
The 2018 Winter Olympics came to a close on Sunday, capping an underwhelming overall performance for the United States. The US - whose highlights included the women's hockey team upsetting top-ranked Canada and men's curling stunning Sweden to win gold - finished with 23 medals, 9 of which were gold. That was enough to place 4th, behind Norway, Germany, and Canada (see full list), despite having the most athletes at the Games. It was the lowest total since 1998 when they won 13 medals - and there were only 68 events in '98 compared to 102 this year. It also fell well short of Team USA's official goal of 37 medals. See the photos of the best moments here

More Sanctions on North Korea.
The Trump Administration rolled out some of the harshest sanctions against North Korea to date, further tightening trade in and out of the country. The new sanctions take aim at ship-to-ship transfers - where one ship offloads its cargo onto another in international waters to avoid arriving at an official port - which the North Korean regime has increasingly relied on. Both the US and the United Nations have leveled sanctions restricting trade into the country, but ship-to-ship transfers have remained a stubborn loophole. The rules tee up a potential showdown with Russia and China, who have allegedly been spotted performing such transfers. The sanctions call out 28 ships, 27 companies, and 1 individual - North Korea condemned the move but said it would be open to talks with the US. 

 
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In The Know.

Sports, Entertainment & Culture.

> Black Panther hauls in $700M at box office; second highest 2nd weekend of all time (More) | Also tops the Billboard 200 chart (More)
> Bollywood superstar, Sridevi, dies suddenly at age 54 (More)
> Former NFL player Jonathan Martin arrested after disturbing Instagram gun threat against former teammates, school (More)
 

Science & Technology.

Scientists create optical lens that acts as 'artificial eye' based on the anatomy of human eyeball (More)
New algorithm can detect heart disease by imaging blood vessels in retina (More)
Moon's water is evenly distributed and likely in vapor form, may be recoverable for use in long-term habitation (More)
 

Business & Markets.

Warren Buffett releases famed annual Berkshire Hathaway shareholder letter (More) | See Buffett's archive of shareholder letters, a treasure trove of business counsel (More)
General Mills (Cheerios, Betty Crocker) buys pet food biz Blue Buffalo for $8B (More)
Online data storage business Dropbox files for IPO with 2017 revenues of $1.1B (More)
 

Politics & World Affairs.

Chinese communist party proposes abolishing two-term limits for president, would allow current president Xi Jinping to stay in power (More)
Democrat rebuttal memo on FBI surveillance of Trump campaign associates released  (More) | Read memo here (More)
California Democratic party fails to endorse four-term Senator Dianne Feinstein for reelection (More)
Etcetera.
Uber and Lyft are causing major congestion in big cities, according to studies.

...but they're also killing the parking business, which may be good news (unless you're in the parking business). 

Stirring photos of Italy's abandoned villas

Watch NASA perform its most powerful ignition test ever.

How the UAE turned its 100-mph superhighway into an art gallery.

Children struggle to hold pencils due to too much technology.

Here's how much money you need to make to be happy.

US men's curling team wins gold, denied upgrades by Delta on flight home.

Clickbait: Man charged with DUI after riding horse down CA freeway

Historybook: HBD Levi Strauss (1829); Grand Canyon National Park established (1919); HBD Johnny Cash (1932); World Trade Center bombings kills six, injures a thousand (1993).
"Success is having to worry about every damn thing in the world, except money."
-
Johnny Cash
 
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