Go deeper

Amazon lawsuit causes judge to temporarily block Microsoft Pentagon contract

Jeff Bezos. Photo: Mandel Ngan/AFP via Getty Images

A federal judge has temporarily blocked the $10 billion cloud computing contract the Defense Department awarded to Microsoft as it reviews a lawsuit by Amazon, CNBC reports.

The big picture: Amazon claims the decision to hand Microsoft the contract for the Joint Enterprise Defense Infrastructure (JEDI) project in late October was influenced by President Trump, who has repeatedly and publicly taken shots at Amazon and its owner Jeff Bezos.

Go deeperArrowUpdated Feb 13, 2020 - Technology

$3.83 billion from Pentagon budget to be diverted for Trump border wall

A section of the U.S.-Mexico border wall. Photo: Jinitzail Hernández/CQ-Roll Call, Inc via Getty Images.

The Department of Defense is rerouting $3.83 billion from its budget to fund President Trump's southern border wall, according to budget documents cited by the Washington Post.

Why it matters: The money is being pulled from other Pentagon budget items including aircraft, Army automobiles and miscellaneous equipment to fulfill Trump's campaign promise of a border barrier between the U.S. and Mexico. The reallocation is part of a larger effort to divert $7.2 billion in Pentagon funds this year for the project, per the Post.

The average NBA team is now worth $2.1 billion

Reproduced from Forbes; Chart: Axios Visuals

The average NBA franchise is now valued at $2.12 billion, per Forbes — a figure that has grown 476% in the past decade.

Why it matters: Thanks to the NBA's international growth and the $24 billion TV deal it signed with ESPN and Turner in 2014, team values have grown at a much faster rate than the other three major U.S. sports leagues.

Go deeperArrowFeb 12, 2020 - Sports