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Warner Bros Discovery doesn’t need the NBA, CEO claims

Nov 17, 2022 22:55 pm UTC| Sports Economy Business

Warner Bros Discovery (WBD) doesnt necessarily need the rights to the National Basketball Association (NBA) as it contends with rising content costs and a sluggish advertising market, according to the media giants CEO...

NBA’s equity portfolio now covers almost 20 firms, valued nearly $1 billion

Nov 16, 2022 23:31 pm UTC| Sports Economy Business

The NBAs equity portfolio is now approaching nearly 20 companies, with a total value of nearly $1 billion, with roughly half of those deals coming over the last year. According to David Haber, the NBAs chief financial...

Nike releases ‘Football Verse’ World Cup ad featuring Mbappe, Ronaldo

Nov 16, 2022 23:31 pm UTC| Sports Economy Business

Nike released its latest World Cup ad ahead of the 2022 tournament pitting past icons like Ronaldinho against current stars like Kylian Mbappé. The ad shows scientists working on a machine to bring players from...

Kyle Kuzma And PUMA Unveil “Childhood Dreams” Collection

Nov 15, 2022 22:42 pm UTC| Sports Life Economy Business

Puma unveiled a collaborative collection with Kyle Kuzmas Childhood Dreams lifestyle brand, which draws inspiration from the Washington Wizards forwards youth and the 90s basketball nostalgia he experienced while growing...

PUMA and Foot Locker expand partnership to reach next-generation customers

Nov 15, 2022 22:42 pm UTC| Sports Economy Business Life

PUMA and Foot Locker, Inc. have expanded their partnership with a focus on basketball and the creation of products that meet the demands of the growing next-generation market. The product collaborations targeting Gen Z...

Italian club AS Roma replaces New Balance with Adidas as kit sponsor

Nov 14, 2022 23:11 pm UTC| Sports Economy Business

Adidas will begin sponsoring AS Roma starting in the 23/24 season, replacing New Balance as the Italian clubs new kit manufacturer. The german sportswear giant has already sent out info for retailers for the 2023-2024...

FIFA inks NFT deal with Upland ahead of Qatar 2022

Nov 11, 2022 23:27 pm UTC| Sports Economy Business

FIFA inked a multi-year deal with Upland ahead of the World Cup in Qatar later this month to give football fans a chance to collect NFTs of the games highlights. in addition to the opportunity to own NFTs, football fans...

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Economy

India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations

Indias latest Union Budget placed manufacturing firmly at the center of its economic strategy, prioritizing key sectors such as semiconductors, biopharma, electronics, renewables, and capital goods. While the government...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data

U.S. stock futures edged lower on Sunday evening as investors adopted a cautious stance ahead of a busy week filled with major corporate earnings and crucial economic data. The pullback follows weakness in technology...

South Korea Factory Activity Hits 18-Month High as Export Demand Surges

South Koreas manufacturing sector showed its strongest momentum in nearly a year and a half in January, driven by a sharp rebound in export demand and improving business confidence, according to a private sector survey...

UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist

British businesses are most likely to raise employee pay by between 3% and 3.49% this year, according to a new survey, highlighting ongoing concerns for the Bank of England as it works to return inflation to its 2% target....

Politics

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

Japans ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is poised for a decisive victory in the upcoming lower house election, according to a new opinion poll released by the Asahi newspaper....

U.S. Accuses Cuba of Harassing Top Diplomat Amid Rising Tensions

The United States has accused Cuba of interfering with the work of its senior diplomat in Havana after videos emerged showing small groups of Cubans verbally harassing him during visits outside the capital. The incident...

Democrats Score Surprise Texas State Senate Win, Fueling Momentum Ahead of 2026 Midterms

A Democratic candidate has won a closely watched Texas state senate special election by a double-digit margin, flipping a Republican-held seat for the first time in decades and adding to growing Democratic momentum ahead...

Trump Proposes Two-Year Shutdown of Kennedy Center Amid Ongoing Turmoil

President Donald Trump has proposed that the John F. Kennedy Memorial Center for the Performing Arts suspend all events for approximately two years, beginning July 4, as part of what he described as a major transformation...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom

SpaceX has revised its Starlink privacy policy to allow customer data to be used for artificial intelligence training, a move that could significantly support Elon Musks broader AI ambitions. The policy change comes as...

Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says

Nvidias ambitious plan to invest up to $100 billion in OpenAI, aimed at supporting the training and operation of next-generation artificial intelligence models, has reportedly hit a roadblock. According to a report...
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