NFL sponsors Nike, Pepsi dominate 2022 Super Bowl exposure

Von Miller # 40 of the Los Angeles Rams holds up the Vince Lombardi Trophy after Super Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood, California. The Los Angeles Rams defeated the Cincinnati Bengals 23-20. Rob Carr | Getty Images The Los Angeles Rams won their second Super Bowl in franchise history … Read more

Playboy plans to join the metaverse

Playboy is on a mission to spread its famous bunny logo across the digital universe. The company has already dropped thousands of Playboy NFTs featuring bunny avatars, launched a digital social platform called Centerfold and has plans to build a new Playboy Mansion in the metaverse. These plans for the future are taking place while … Read more

Read the email that Peloton’s new CEO Barry McCarthy sent to staff

Barry McCarthy, chief financial officer at Spotify, attending annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Peloton’s new CEO, Barry McCarthy, is telling remaining staff that he is “here for the comeback story.” In an email sent to Peloton employees late Tuesday, following the … Read more

Why Apple won’t buy Peloton

Apple CEO Tim Cook (R) greets customers as he attends the grand opening event of the new Apple store at The Grove on November 19, 2021 in Los Angeles, California. Mario Tama | Getty Images Peloton might be for sale. (Or, maybe not quite yet, if you think the new CEO will have enough time … Read more

Peloton founder John Foley’s mea culpa, says recent events are ‘humbling’

In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton founder John Foley, who is on his way out the door as CEO, issued a mea culpa on Tuesday for past missteps, as the connected fitness company undergoes a massive restructuring. “We own … Read more

Peloton shares up on takeover talks, here’s why a deal might not work

Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton’s stock soared more than 30% in premarket trading Monday, putting it on pace to open back above its IPO price, as the beaten down connected fitness maker attracts interest from outsiders. … Read more

Spirit Airlines, Peloton, Energizer and more

Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit surged 11.4% in the premarket after announcing it would buy competitor Frontier Airlines in a stock swap deal valued at $ 6.6 billion including assumed debt. Shares of Frontier’s parent company Frontier Group (ULCC) fell 2.4%. Peloton (PTON) … Read more

WNBA raises $75 million in first-ever funding round, valuing league at $1 billion

The WNBA announced on Thursday that it was completing its first ever capital raising, bringing in a host of major investors, including Nike and former US Secretary of State Condoleezza Rice, as the league looks set to accelerate growth. The Women’s National Basketball Association raised $ 75 million from investors, which also includes Dell Technologies … Read more

NBA unveils Kobe Bryant All-Star Game trophy two years after his death

NBA Kobe Bryant trophies Source: NBA The National Basketball Association has redesigned its All-Star most valuable player trophy to honor the legendary Kobe Bryant, two years after his death. The NBA previously named the award after the 18-time All-Star, who won a record-tying four MVPs in the annual exhibition game. Bryant, along with his 13-year-old … Read more