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Nike inks Stanford's Rachel Heck as first NIL golfer

May 17, 2022 23:23 pm UTC| Sports Economy Business

US sportswear brand Nike has signed Stanford Universitys Rachel Heck as its first name, image, and likeness (NIL) golf athlete. Heck is presently ranked third in the World Amateur Golf Rankings, with significant...

McLaren confirms entry to Formula E beginning 2022/23

May 17, 2022 01:18 am UTC| Sports Economy Business Nature

Woking-based McLaren had signed an option in January 2021 to join Formula E from the 2022/23 campaign continuing its commitment to electric motorsport, having entered the SUV series Extreme E in 2022. McLaren also...

Nike unlikely to extend signature shoe deal with Kyrie Irving: ESPN

May 17, 2022 01:14 am UTC| Sports Economy Business

Nike is unlikely to extend its signature shoe deal with Brooklyn Nets ace point guard Kyrie Irving beyond the 2022/23 season, despite the popularity and profitability of his signature shoes, according to ESPN. Due to...

Budweiser, Puma to use NFTs in sports sponsorships

May 13, 2022 23:43 pm UTC| Digital Currency Economy Business Sports

Beer brand Budweiser and sports apparel firm Puma are combining their sponsorships with implementing non-fungible tokens (NFTs), partnering with ex-NBA player Dwyane Wade and Premier League club Manchester City...

Naomi Osaka launches own sports agency Evolve after IMG exit

May 12, 2022 22:59 pm UTC| Sports Economy Business

Four-time Grand Slam winner Naomi Osaka has started sports agency Evolve with her agent Stuart Duguid after the Endeavor-owned IMG refused to accommodate her requests for more flexibility in their contract...

New Balance to roll out KAWHI 2 "Ocean Blue" featuring nautical elements on May 13

May 11, 2022 23:51 pm UTC| Sports Economy Business

New Balance will roll out its KAWHI 2 Ocean Blue colorway, which channels the Clippers guard Kawhi Leonards go with the flow mentality that he displays both on and off the hardwood, on May 13. The different white...

Miami GP attracts record 26 million average live F1 audience in US TV history

May 11, 2022 22:56 pm UTC| Sports Economy Business

The inaugural Miami Grand Prix racked up an average viewership of 2.6 million on commercial network ABC, smashing the previous record for a live race telecast in the US when 1.74 million tuned in on ESPN for the 1995...

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Economy

Amorepacific apologizes for employees’ ₩3 billion heist

AmorePacific, a South Korean beauty, and cosmetics chaebol issued an apology on Tuesday, May 17, after it was revealed that three of its staff stole money from the company. The employees were said to have embezzled a total...

Reebok stores in Russia up for sale, Turkish retailer FLO Magazacilik reportedly in talks to take over

Reebok is selling over 100 of its stores in Russia and Turkeys retail company, FLO Magazacilik, is currently in discussion for the acquisition of the properties. The talks were reportedly confirmed by the latters chairman,...

Samsung reportedly raising prices of its semiconductor products

Samsung Electronics Co. is reportedly mulling on hiking prices for its chips. It is considering up to a 20% increase, and this was first reported on Friday. The company is said to be currently in talks with foundry...

Court picks KG Group as SsangYong Motor preferred bidder

SsangYong Motor is in search of a new buyer after its acquisition deal with Edison Motors Company failed to push through. The race to acquire the South Koreabased automobile manufacturer opened again, and companies have...

Nike inks Stanford's Rachel Heck as first NIL golfer

US sportswear brand Nike has signed Stanford Universitys Rachel Heck as its first name, image, and likeness (NIL) golf athlete. Heck is presently ranked third in the World Amateur Golf Rankings, with significant...

Politics

Kevin McCarthy has 'nowhere to run' following subpoena from Jan. 6 committee, says former federal prosecutor

The congressional committee investigating the January 6 insurrection has moved towards issuing subpoenas to several sitting Republican members of Congress in recent weeks. According to a former federal prosecutor, House...

US House plans to move domestic terrorism bill for a vote this week

The recent mass shootings have renewed calls for action to curb any racially-motivated acts of violence around the US. House Democrats are planning to bring the domestic terrorism bill for a vote this week. In a report...

Joe Biden eases some policies on Cuba

US President Joe Biden and his administration made another reversal of some policies that were implemented under the Trump administration. This week, the Biden administration eased some of the policies regarding Cuba,...

North Korea: Kim Jong-un orders military to stabilize distribution of COVID-19 medicine

North Korea has been dealing with an outbreak of COVID-19 since it was first reported last week. North Korean leader Kim Jong-un has ordered his military to stabilize the distribution of medicine for COVID-19 in the...

Science

Hyundai Mobis’ monitoring system reduces drowsy driving risks by 30%

Hyundai Mobis Co. has come up with an in-house brainwave-based driver monitoring system that can reduce the risk of drowsy driving by up to one-third. The system, dubbed M.Brain, is a wearable earpiece that continuously...

California start-up Bionaut Labs to send tiny robots on voyage into brains

California start-up Bionaut Labs will conduct its first clinical trials on sending miniature robots deep inside the human skull to treat brain disorders The tiny injectable robots can be guided through the brain using...

Kirin, Meiji University develop electric chopsticks that make low-salt food taste salty

Food producer Kirin and Meiji University have developed a pair of chopsticks that stimulate the taste of salt in foods with low salt content through extensive research. This technology, which has yet to be named,...

Japanese researchers develop plastic with self-repairing powers

Japanese researchers have found a way to create self-repairing plastics that can be used in many products and reduce the amount of waste now polluting the planet. It might have practical applications for home...

Osaka University team proves safety of iPS-based cornea transplant

An Osaka University research team has concluded that the worlds first clinical trial, transplanting corneal tissues derived from induced pluripotent stem cells, or iPS cells, was safe and effective. According to the...

Technology

Bloober Team CEO responds to ‘Silent Hill 2’ remake rumors

Silent Hill is once again making headlines with rumors that multiple projects for the franchise are in the pipeline. The reports said Bloober Team is working on a remake of Silent Hill 2, but CEO Piotr Babieno said they...

YouTube Music for Wear OS adds support for Wi-Fi, LTE streaming

Google previously promised to make YouTube Music for Wear OS function more independently on smartwatches even when users do not have their phones nearby. That will come true this week as the company announced the imminent...

Sony unveils revamped PS Plus games lineup and free trials

There is only a week left before the all-new PS Plus goes live in some regions. Sony released a preview of popular first-party and third-party games available to download at launch. While the list of games with free trials...

AirPods could also shift to USB-C port in the ‘foreseeable future’

More reports have emerged suggesting that Apple is a step closer to ditching the Lightning port for USB-C. And analyst Ming-Chi Kuo provided more insight on the matter, noting that the tech giant is also planning on...
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