8 Things To Know This AM — Jun 02 2014

Giambattista Valli is returning to his Italian roots and will debut a new ready-to-wear line come Milan Fashion Week. It's called Giamba and will apparently be "underground sexy" (whatever that means). (The Cut)
Hollywood's love affair with remakes continues with reboots of Cliffhanger and Stargate. (Vulture)
Former Microsoft CEO Steve Ballmer is shelling out a cool $2 billion dollars to own the Los Angeles Clippers. (L.A. Times)
Good news: The government is working to make flying less troublesome (read: aggravating) by allowing the use of cellphones and laptops during takeoffs and landings. And, that's just the beginning. (Fast.Co)
President Obama accepted the resignation of Veterans Affairs Secretary Eric Shinseki. The VA's deputy secretary, Sloan Gibson, will replace him. (Associated Press)
In another part of the Capitol, the government also passed a bill that ends DEA raids on legal medical marijuana operations. The director of federal policies at the Marijuana Policy Project, Dan Riffle, believes we are nearing the end of pot prohibition. (BuzzFeed)
Meanwhile, Vimeo is looking to rub elbows with the likes of Amazon, Netflix, and Hulu. The video sharing site has purchased the next six episodes of High Maintenance, a (ahem) highly successful webseries about the everyday life of a New York City marijuana dealer. (ONTD!)
Finally, Apple is holding its largest event of the year, the Worldwide Developers Conference, in San Francisco today. Word on the street is it's going to be a big one. Here's what to expect. (The Verge)
8thangz1Photo: Courtesy of Giambattista Valli.

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