Author: i2wtc
Big East Commissioner Val Ackerman, Atlantic Coast Conference Commissioner Jim Phillips, and Big 12 Commissioner Brett Yormark.Porter Binks | Matt Kelley | Stacy Revere | Getty ImagesCollege sports leaders are crunching the numbers as they head toward payments for players and new avenues for revenue growth.Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, Big East Commissioner Val Ackerman, Atlantic Coast Conference Commissioner Jim Phillips and Big 12 Commissioner Brett Yormark addressed the NCAA’s $2.8 billion settlement that’s enabled paying players directly and the rollout of player revenue sharing.”Revenues have never been greater,” Phillips said. “Expenses for our schools also…
Macroscope employees.MacroscopeIt’s been a decade since Kayvon Beykpour sold Periscope to Twitter for a reported $100 million, allowing the social media site to jump into livestreaming.Twitter shuttered Periscope in 2021, and the parent company, now called X and owned by Elon Musk, gravitated to a live events product called Spaces.Meanwhile, Beykpour, who spent seven years at Twitter after the acquisition, is back with Macroscope. He said on Wednesday that he’s raised $40 million from venture investors, including GV (formerly Google Ventures), Lightspeed Venture Partners and Thrive Capital.While Periscope targeted a consumer audience, Macroscope is going squarely after businesses. Beykpour’s idea…
* Entering its 22nd edition this year, the old-line China-ASEAN Expo for the first time set up a 10,000-square-meter pavilion dedicated to Artificial Intelligence.* This year’s AI spotlight arrives amid the upcoming upgrade of the China-ASEAN Free Trade Area (CAFTA) to version 3.0, the world’s largest free trade zone among developing countries.* Under strategic leadership, China and ASEAN nations are poised to deepen practical cooperation across sectors, sustaining strong trade momentum amid tech-driven shifts and CAFTA 3.0’s digital focus.NANNING, Sept. 17 (Xinhua) — Entering its 22nd edition this year, the old-line China-ASEAN Expo (CAEXPO) for the first time set up…
ISLAMABAD: Legal minds are in shock over Islamabad High Court’s unprecedented development wherein Justice Tariq Jahangiri has been excluded from next three days roster. Though the division bench led by IHC Chief Justice Sarfraz Dogar is yet to issue written order in Justice Jahangiri case, there are reports that he has been restrained from judicial work. The situation will clear after going through the written order. However, it is clear from new roster that Justice Jahangiri is not part of any single or division bench in next three days. It will be interesting as whether written order will be issued…
Eric Baker, co-founder and CEO of Ticket reseller StubHub, rings the opening bell during his company’s IPO at the New York Stock Exchange in New York City, U.S., September 17, 2025.Brendan McDermid | ReutersStubHub shares opened at $25.35 in their New York Stock Exchange debut on Wednesday after the online ticket seller priced its IPO in the middle of its expected range. The pricing late Tuesday at $23.50 per share raised $800 million for the company, now trading under ticker symbol “STUB.”StubHub’s long-awaited IPO comes after the company paused its plans in April, when President Donald Trump’s “Liberation Day” tariffs sent the…
Pycroft is officiating after an apology; UAE bowl well to restrict as Green Shirts look to win and book place for Sunday’s India encounter. Pakistan are batting first after the United Arab Emirates won the toss and elected to bowl first in their much-delayed men’s Asia Cup encounter. The Pakistan-UAE clash is set to go through on Wednesday after Zimbabwean referee Andy Pycroft apologised to the manager and captain of the Green Shirts after much uncertainty surrounding the fixture in the fallout of the Pakistan-India match last Sunday. Pakistan skipper Salman Ali Agha, speaking at the toss, said: “For us,…
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Wednesday, Aug. 13, 2025.Michael Nagle | Bloomberg | Getty ImagesTreasury Secretary Scott Bessent once agreed to call two different houses his “principal residence” at the same time — a similar claim to the one that President Donald Trump cited when he tried to fire Federal Reserve Governor Lisa Cook, according to a report Wednesday.Documents show that on the same day in September 2007, Bessent agreed that homes in both Bedford Hills, New York, and Provincetown, Massachusetts, each would be his principal residence, Bloomberg reported.Cook signed…
Security forces killed five terrorists linked to the Indian proxy network Fitna al Hindustan during an intelligence-based operation (IBO) in Balochistan’s Khuzdar district. According to the Inter-Services Public Relations (ISPR), the operation was launched on the night of September 14 and 15 following reports of militant presence in the area. “During the conduct of the operation, own forces effectively engaged the terrorists’ location, and after an intense fire exchange, five Indian-sponsored terrorists were sent to hell,” the statement said. The ISPR added that weapons, ammunition and explosives were recovered from the slain militants, who had been “actively involved in numerous…
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott Olson | Getty ImagesEli Lilly on Wednesday said its experimental pill outperformed Novo Nordisk’s own oral drug in the first head-to-head study comparing the two medicines in patients with Type 2 diabetes. The late-stage study comes as Eli Lilly’s pill inches closer to becoming another needle-free alternative in the blockbuster market for GLP-1s, without dietary restrictions. But it may be too soon to establish a clear winner in the pill space, as there is no data comparing Eli Lillly’s drug with…
Republican House Speaker Mike Johnson called China an “adversary” of the U.S. on Wednesday after a report that the country has told tech companies to stop buying Nvidia’s artificial intelligence chips.The Cyberspace Administration of China ordered companies to halt purchases of Nvidia’s RTX Pro 6000D, a chip that was made for the country, the Financial Times reported, citing people familiar with the matter.”They steal our intellectual property,” Johnson told CNBC’s “Squawk Box” on Wednesday. “They have no regard whatsoever for U.S. trademark law or any of the other provisions that make for fair trade agreements. It is not the fault…