Mike Pellini, the former CEO of cancer companies Foundation Medicine and Clariant, has joined Section32, the venture capital firm launched earlier this year by Google Ventures founder Bill Maris.

Why it matters: Pellini is the first partner-level hire at Section32, which closed on $150 million for its debut fund back in May.

Backgrounder: Pellini and Maris have known each other for years, as Google Ventures was an original investor in Foundation Medicine, which went public in 2013 and currently has a market cap of around $2.5 billion. Pellini stepped down as CEO earlier this year, but remains company chairman. His official title at Section32 is managing partner, and he is expected to focus primarily on healthcare investments.

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LeBron James on Trump NBA protest remarks: "We could care less"

The Los Angeles Lakers' LeBron James kneels during the national anthem before the game against the Oklahoma City Thunder in Lake Buena Vista, Florida, on Wednesday. Photo: Kevin C. Cox/Getty Images

LeBron James responded on Wednesday night to President Trump's comments calling NBA players "disgraceful" for kneeling during the national anthem to protest racism and that he won't watch games because of the action.

The big picture: Trump has repeatedly criticized sports players for taking the knee since 2016. But James said during a news conference, "I really don’t think the basketball community are sad about losing his viewership, him viewing the game." November's elections marked "a big moment for us as Americans," he said. "If we continue to talk about, 'We want better, we want change,' we have an opportunity to do that," he added. NBA Commissioner Adam Silver has said the league will "respect peaceful protest."

Go deeper: LeBron James forms voting rights group to inspire Black voters

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of midnight ET: 18,752,917 — Total deaths: 706,761— Total recoveries — 11,308,298Map.
  2. U.S.: Total confirmed cases as of midnight ET: 4,821,296 — Total deaths: 158,249 — Total recoveries: 1,577,851 — Total tests: 58,920,975Map.
  3. Public health: Florida surpasses 500,000 confirmed casesFauci calls U.S. coronavirus testing delays "totally unacceptable."
  4. Business: America's next housing crisis.
  5. States: Virginia launches contact tracing app using specs from Apple and Google.
  6. Cities: L.A. mayor authorizes utilities shut-off at homes hosting large gatherings
  7. Politics: White House, Democrats remain "trillions of dollars apart" on stimulus talks.

L.A. mayor authorizes utilities shut-off at homes hosting large gatherings

Los Angeles Mayor Eric Garcetti speaks during a January event in Los Angeles. Photo: Sarah Morris/Getty Images

Los Angeles Mayor Eric Garcetti announced Wednesday he's authorized the city's Department of Water and Power (DWP) to shut down utilities at locations that host large gatherings during the coronavirus pandemic.

Driving the news: Garcetti's announcement follows a fatal shooting at a house party attended by roughly 200 people last Monday, the Los Angeles Times notes.