"This is not the way I'd imagined taking the yellow jersey," Yates said, "If I'm honest, no one wants to take the jersey like this."
Caboclo added that national women's team manager Pia Sundhage was informed of the decision in March.
Valter, 22, broke free during the final few kilometers and the peloton was unable to catch him.
TCL, founded in 1981, is one of the leading consumer electronics companies in China and has expanded its business to over 160 countries and regions worldwide.
"We have to own the questions of leadership, we have to own the questions of policy, and there's a lot to be discussed here on that in the future. It's heartbreaking," CNN quoted the owner of the Eagles of the National Football League (NFL) as saying.
"I was really focused each game and each point. Especially against top players, one point can make the difference. So I had to stay very calm and keep going," the world number 50 added.
"TCL is honored to enter into this new cooperation with FIBA for the next four years," Wei Yuki, vice president of TCL said. "Working together again with FIBA, TCL will continue to accelerate their international presence and contribute to the development and progress of global basketball." Enditem
In women's singles, top seed Pliskova of the Czech Republic was upset by France's Caroline Garcia in the second round.
In other matches on Wednesday, Ceara beat local rivals Fortaleza 1-0, Atletico Goianiense drew 1-1 at Fluminense, Corinthians won 2-1 at Goias and Bragantino drew 1-1 at Athletico Paranaense. Enditem
Larsen later became president of Badminton Europe in 2010 before being elected BWF president in 2013. He was reelected as BWF president in 2017. Enditem
"We are delighted to enter this exciting new partnership with TCL, following our hugely successful collaboration over the last two years," FIBA Secretary General Andreas Zagklis said.