Disney is asking a judge to toss a lawsuit from DeSantis appointees
Disney is asking a Florida judge to toss out a lawsuit filed by Gov. Ron DeSantis’ appointees to Disney World’s governing district
2023-07-14 20:20
Kanye West's Italy gig may draw around 100K people despite war veterans protesting about him 'praising' Adolf Hitler
“I can assure you we will do that, and we will undoubtedly need extra police reinforcements,” said Cocciufa
2023-10-14 07:18
James Cameron reminds everyone he 'warned' about 'dangers' of AI in Terminator
Director James Cameron has expressed his concern about the rapid speed at which AI is progressing, and that it could end like his film, Terminator. The face behind some of the biggest films on the planet sat down with CTV News where he shared his thoughts about what needs to change. "I warned you guys in 1984, and you didn't listen...I think the weaponisation of AI is the biggest danger", he said. "I think that we will get into the equivalent of a nuclear arms race with AI, and if we don't build it, the other guys are for sure going to build it, and so then it'll escalate." Sign up to our new free Indy100 weekly newsletter
2023-07-20 19:55
Joe Rogan Podcast: AI Andrew Tate talks about prison fights saying 'there were incidents where things got heated'
An AI Andrew Tate was the latest guest on 'The Joe Rogan AI Experience', a simulated version of the real 'Joe Rogan Experience' podcast
2023-06-04 18:23
Jonathan Majors' history of abusive behavior under scrutiny as actor countersues in domestic dispute case
According to more than a dozen sources, Majors reportedly abused two of his romantic partners, one physically and the other emotionally
2023-06-30 16:54
'The View' host Ana Navarro slammed for claiming she wasn’t ‘whining’ while defending Joe Biden
Navarro defense only resulted in further backlash as people were enraged over ‘The View’ supporting Biden not acknowledging a family member
2023-07-12 00:27
Amazon founder Jeff Bezos buys home in Miami's 'billionaire bunker.' Tom Brady will be his neighbor
The founder of Amazon is buying a home on an exclusive barrier island in Miami where he'll be neighbors with Tom Brady, Ivanka Trump and her husband, Jared Kushner
2023-08-12 00:51
Big Freedia, the Queen of Bounce, roars back with full album, 'Central City,' and a tour
Big Freedia goes back to her roots on the 16-track “Central City,” the Queen of Bounce’s first full-length studio album in nine years
2023-06-24 01:16
Who is Arkunir? MrBeast rewards French streamer with Twitter revenue for winning competition, Internet asks 'is it botted'
Arkunir clinches victory in MrBeast's challenge, securing the prize of MrBeast's Twitter income for the following month based on most liked comments
2023-07-18 14:16
'The View' host Sunny Hostin claims many White Republican women support Trump as 'patriarchy benefits them'
Sunny Hostin was commenting on a survey of female Pennsylvania voters who stated they would support Trump even if he were found guilty
2023-05-31 19:00
Britney Spears' husband Sam Asghari says their marriage is over
Sam Asghari says on Instagram he and Ms Spears will "hold onto the love" they have even after divorcing.
2023-08-18 07:25
Adidas is still figuring out what to do with $1.3 billion worth of unsold Yeezys
Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-05-10 02:25
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