Business
Basketball legend Michael Jordan is about to sell his Charlotte Hornets franchise. He's owned the NBA team since 2010 when he bought it for $180 million, but now it's worth an estimated $1.77 billion, according to Forbes. Jordan became the first former NBA player to own a franchise, and owning the team was a big accomplishment for him. When h...
Last month, LeBron James surpassed Kareem Abdul-Jabbar to become the NBA's leading scorer. But on the revenue chart, Michale Jordan is still the clear champion - and the gap is widening. Since being drafted in 1984, Jordan has earned an estimated $3.3 billion after accounting for inflation, more than any other athlete in the history of the sp...
CEO Bjorn Gulden, who spoke to investors for the first time since taking over on January 1, promised to rebuild the tarnished brand. Shortly after dealing with the fallout from the termination of his partnership with West, who now calls himself Ye. Adidas and West created the Yeezy sneaker collection together. Adidas hasn't disclosed how much th...
European Commission employees have been ordered to remove the TikTok app from their phones and company devices. The Commission said it was introducing the measure to "protect data and enhance cybersecurity". The TikTok app, which is owned by Chinese company ByteDance, has faced accusations of collecting user data and passing it on to the Chin...
Some women suffer from menstrual cramps and pain during menstruation. This causes them to have an impaired ability to concentrate, which directly affects their productivity. On Thursday, Spain became the first European country ever to pass legislation granting women suffering from severe menstrual pain paid menstrual leave. The bill was appro...
Meta CEO Mark Zuckerberg has introduced a new fee for verified Facebook and Instagram users. The so-called blue mark next to the name will be subject to a monthly fee. Zuckerberg, seemingly taking a page from Elon Musk's controversial Twitter policy, plans to make users who want a blue "pipe" pay monthly. Zuckerberg founded Facebook in 2004 w...
TikTok creators could soon start charging fans to watch their videos, according to The Information. The goal of these projects is to bring more users to TikTok. According to The Information, the paid section is one of many upcoming features TikTok is likely to introduce to its platform in an effort to attract new users. In addition to the pay...
Paul Walker's beloved character from The Fast and the Furious franchise will return in the upcoming tenth film. Last week, the eagerly anticipated trailer for Fast X was released, and fans are more excited than ever - Vin Diesel, Michelle Rodriguez, Tyrese Gibson, Ludacris and more will appear. The trailer also teased the return of Walker's B...
Marc Andreessen said teleworking was destroying the role of relationships in the office and in people's lives. The billionaire told the summit that young teleworkers were "cut off from everything". Andreessen used the discussion to promote Adam Neumann's new startup, Flow, which deals with community living. Billionaire investor Marc Andreesse...
