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Also: The Three Essential Steps To Earning A Promotion
A few years back, Tumblr looked like the leader in Internet publishing. Now Verizon, the faded disruptor’s parent company, is eagerly trying to unload Tumblr.
 
Facebook banned several high-profile extremist figures from its social network, expelling Alex Jones, a radio-show host and conspiracy theorist, Milo Yiannopoulos, the former Breitbart contributor, and Louis Farrakhan, the leader of the Nation of Islam, among others.

Former billionaire John Kapoor was found guilty of conspiring to bribe clinics to prescribe his company’s fentanyl spray medication. (Kapoor originally developed the product after watching his wife die of breast cancer. “Pain is such a misunderstood thing for cancer patients. Nobody understands pain. They think pain is just pain,” he told Forbes in 2016. Read more from our original investigation of Kapoor and his company, Insys.) 
 
CBS has a huge hole to fill this fall now that The Big Bang Theory has ended—and there’s little in its lineup right now to take its place.

Tomorrow is the 145th Kentucky Derby. Here's the best way to bet $100 on the Run for the Roses
 
Immortals, a professional e-sports team, raised $30 million in funding from billionaires Meg Whitman and Philip Anschutz, as well as Hollywood studio Lionsgate. “With esports, you’re dealing with a gaming constituency that’s an attractive demographic”—young, highly engaged with the product, both men and women—“and also an elusive demographic,” says Lionsgate’s Peter Levin, who is also Immortals’ chairman.

Daily Cover Story

DAZN Vs. ESPN
A billionaire-backed streaming site is loaded with A-list athletes—Canelo, Ronaldo, LeBron—and former ESPN President John Skipper in a bid to become the new worldwide leader in sports.
More Daily Cover Stories:

What To Watch

Peace and profits: the Israeli seltzer factory where Jews and Arab work alongside each other.

Our latest video series goes inside the towns and cities on our Best Places to Retire list. Next up: Bella Vista, Arkansas. Watch on Twitter and Facebook

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The latest Forbes Audio Briefing: Our round-up of this week’s top, trending stories. Here’s what we’ve got for you in 20 seconds or less. 

Can you beat the best professional investors? Princeton economics professor Burton Malkiel believes so. Listen to his conversation with Editor-in-Chief Steve Forbes by subscribing to our "What's Ahead" podcast on Apple Podcasts, Spotify, and Google Podcasts

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