Congrats to the Golden State Warriors, who are headed back to the NBA Finals, and to my partner, AJ, who is just 4 wins away from not having to hear me talk about basketball for a few months.
Illustration: Rebecca Zisser/Axios
A split may be forming between federal regulators on whether to approve T-Mobile's $26.5 billion purchase of Sprint, Axios' David McCabe reports.
The big picture: Despite a host of concessions offered by the companies that won over FCC chairman Ajit Pai, the fate of the deal hinges on the competition questions that reportedly continue to dog the deal at the Department of Justice.
Details: In order to get the deal approved, T-Mobile has pledged to not raise prices for 3 years after the merger, to cover 85% of rural Americans with its 5G network within 3 years, and to sell off Sprint's Boost Mobile prepaid wireless service.
The other side: Critics of the deal say moving from 4 national carriers to 3 will raise prices for consumers and result in job loss, no matter what the companies promise. Critics are also skeptical of T-Mobile's pledge to build 5G in rural areas.
Catch up quick: On Monday morning, it seemed that the package of conditions had worked: Pai said that the deal was in the "public interest" and that he would recommend that his fellow commissioners approve it.
But, but, but: Later that day Bloomberg reported that the DOJ was leaning toward killing the merger due to concerns that consolidation would hurt competition.
How it works: The DOJ's antitrust division and FCC use different legal standards to gauge competitive effects of mergers.
Flashback: If the DOJ does end up scuttling the deal, it wouldn't the first time for the agency to take issue with a major merger involving T-Mobile.
Go deeper: David has more here.
Huawei has gotten temporary permission to continue buying U.S.-made components, but only to maintain existing networks or support existing devices.
The latest: The Commerce Department has granted a 90-day order easing last week's near-total ban against Huawei getting goods or services from U.S. companies.
Why it matters: Without such a reprieve, network operators that use Huawei gear and owners of Huawei phones could have found themselves quickly vulnerable to security or other issues, with Huawei barred from helping resolve them.
Yes, but: This move is designed to avoid disruptions to phone networks, not to allow Huawei to pursue new business.
Dotdash, the digital publishing company that grew from About.com, is launching a new millennial paint line with Amazon, Axios' Sara Fischer reports.
Why it matters: This is the first time that Dotdash, which is expected to bring in roughly $150 million in revenue this year, is selling its own direct-to-consumer products.
Details: The new interior paint line will be called "The Spruce Best Home," and will be created and curated by the editorial team for Dotdash-owned home decor website, The Spruce.
The big picture: The move is part of Dotdash's effort to transition its business more into e-commerce. The majority of the company's revenue today comes from ads.
Yes, but: For Dotdash, this will be more of a branding play than a strict revenue-driver — at least at first.
Go deeper: Sara has more here.
Illustration: Lazaro Gamio/Axios
The IRS is planning to issue new guidance "soon" about the taxing of cryptocurrencies and other digital tokens, the agency's chief said in a letter to Rep. Tom Emmer, Axios' Kia Kokalitcheva reports.
Why it matters: The IRS hasn't issued guidance on the topic since 2014, leaving investors and enthusiasts increasingly frustrated, especially with new developments like Bitcoin forks that have complicated matters.
Members of Congress have attempted to clarify the rules by introducing bills or asking the IRS to provide more guidance.
This is my kind of "Game of Thrones" episode. That is, an appearance of GoT cast members on Sesame Street.