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Following championship win, Cavs fans set new record in merchandise sales

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LeBron James hoists the Larry O'Brien Trophy while stepping off the Cavaliers plane after Cleveland returned home from winning the NBA Finals.

LeBron James hoists the Larry O’Brien Trophy while stepping off the Cavaliers plane after Cleveland returned home from winning the NBA Finals.

CLEVELAND (Diya TV) — After the Cavaliers captured Cleveland’s first professional sports championship in 52 years, fans busted out their laptops and smartphones and began ordering their commemorative championship hats, T-shirts and magazines.

A lot of them.

According to Fanatics, the nation’s largest online seller of sports merchandise which also runs the NBA Store in Manhattan and the league’s official online shop, Cavaliers fans bought twice as much championship swag in the first 24 hours after the win than Warriors fans had the year previous. Moreover, officials from Fanatics said Cavaliers fans have purchased more gear less than two days after winning a title than Warriors fans did for a full week following their championship last season.

“The response to the Cavaliers winning their first NBA title, and the city taking home their first championship in 52 years, has been overwhelming, both inside of Ohio and around the entire country,” said Jack Boyle, president of merchandising for Fanatics. “When you combine the global star power of LeBron and what he has meant to his city with the thrilling 3-1 [series] comeback, the nation was glued to this series and they are responding by purchasing more championship gear than any other NBA Finals in history.”

Cleveland-based T-shirt company Fresh Brewed Tees set an all-time sales record for all vendors at Cleveland Hopkins Airport, according to the company’s founder, Tony Madalone.

“We’ve done six figures in sales since the game ended,” Madalone said. “We saw similar demand to when LeBron came home. But this will be much longer and sustainable.”

Some of Madalone’s most popular shirts have been his “God Loves Cleveland” and “Two Won Six,” which refers to the city’s area code.

“I’ve been in Cleveland my whole life and I’ve never seen anything like this,” Madalone said. “Grown men crying, strangers hugging and high-fiving and every person in Cavs gear. It’s incredible.”

Sales of Cavaliers gear was “trending towards this being the largest [NBA] championship event in company history,” according to a Dick’s Sporting Goods company official.

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New Zealand eliminates India in cricket World Cup

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New Zealand wins Cricket

MANCHESTER, England (Diya TV) — After a rain delay stopped play between New Zealand and India, when play resumed, the Kiwis held on to win by 18 runs, knocking India out of the Cricket World Cup. It’s on to the championship round for New Zealand.

The United States Immigration and Customs Enforcement (ICE) raided an Indian restaurant in Washington DC, detaining several employees.

Airbnb, the Silicon Valley couchsurfing startup turned hospitality behemoth, says they made a direct economic impact of around $150 million in India in 2018.

Indian Airbnb hosts collectively made almost $28 million and welcomed nearly 800,000 guests last year. 

Chennai-based speech recognition startup, Uniphore Software Systems, raised $38 million as part of its Series C round. They’ve received funding from California venture capital firm March Capital Partners and former Cisco CEO John Chambers. 

And Indo-Australian Priya Serrao was crowned Miss Universe Australia 2019.

The 26-year-old policy advisor from the state of Victoria said she will use her new platform to promote multiculturalism. 

Ravi Kapur contributed to this report.

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Trump says tariffs by India are ‘No longer acceptable’

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Tariffs no longer acceptable

WASHINGTON (Diya TV) — In a tweet, President Trump targeted India once again, saying “India has long had a field day putting Tariffs on American products. No longer acceptable.”

Yet earlier this year, the Trump administration stripped India of a preferential status that exempted billions of dollars worth of products from U.S. levies.

One of the most unique characters ever to run for President has died. Billionaire businessman Ross Perot was 89. Many give his independent campaign in 1992 credit for helping Bill Clinton beat incumbent George H.W. Bush.

A day after Democratic Congressman Eric Swalwell got out of the race, another billionaire businessman, Tom Steyer, jumped into the Presidential fray.

India’s OlaCabs recently launched its ride-sharing services in London. And now Ola Electric, their electric vehicle spinoff, just raised a $250 million Series B round at a $1 billion valuation. It plans to bring 10,000 vehicles to the road this year.

And the world will have to wait another day to find out who will play for the Cricket World Cup, after a rain delay stopped play between New Zealand and India.

Ravi Kapur contributed to this report.

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Trump meets Modi & Abe in Japan

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OSAKA, Japan (Diya TV) — President Donald Trump held a trilateral meeting with Indian Prime Minister Narendra Modi and Japanese Prime Minister Shinzo Abe. According to Ivanka Trump, the conversation encompassed 5G technology, working through details on trade and ongoing national security interests for each party.

From Japan, President Trump went to South Korea and entered the demilitarized zone between South Korea and North Korea. He then walked into North Korea to meet with Chairman Kim Jong Un, becoming the first sitting President to ever to enter North Korea.

Silicon Valley startup Fungible announced they’ve raised $200 million from a group of investors including Softbank, taking their total raise to $300 million. A leader in data-centric computing, Fungible is led by CEO Pradeep Sindhu, who previously founded Juniper Networks.

The NBA free agency signing period kicked off with a bombshell: Kevin Durant is leaving behind the team he won two championships with, The Golden State Warriors, for the upstart Brooklyn Nets. Kyrie Irving will join him there. The Warriors traded for the Nets player most impacted by those deals, D’Angelo Russell.

And England beat India by 31 runs in the Cricket World Cup, giving Team India its first loss of the Cup. India will face Bangladesh next.

Ravi Kapur contributed to this report.

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