Thursday, March 4, 2021

Nike VP Resigns After Reports of Ties To Her Son's Sneaker Resell Business


Nike's VP of North America was forced to resign from her job after her son charged $133,000 to her credit card. 

The kicker is...that her son is a 19-year-old sneaker reseller. 

Last week he was featured in a Bloomberg Business article about his booming resale business and boasted how he made over $600,000 in May.

Nike firmly forbids its employees from reselling sneakers or merchandise. Sorry kid.







Jay Z Sells Majority Stake In TIDAL For...


Jay Z has proved yet again he's not just a businessman, but a business...man! 

How returned to Twitter for the first time in two years to announce a huge business deal.

Jay Z is selling his majority stake of his streaming app TIDAL for $297 million in cash and stock to Square Inc. and its owner CEO Jack Dorsey.

Dorsey is also the co-founder and chief executive of Twitter. Jay Z will also be on Square's board of directors. Check out Hov's twitter announcement below:

"I said from the beginning that TIDAL was about more than just streaming music, and six years later, it has remained a platform that supports artists at every point in their careers. Artists deserve better tools to assist them in their creative journey," 

Jay-Z tweeted about the deal. "Jack is one of the greatest minds of our times, and our many discussions about TIDAL’s endless possibilities have made me even more inspired about its future. This shared vision makes me even more excited to join the Square board. This partnership will be a game-changer for many. I look forward to all this new chapter has to offer!"

Team LeBron vs. Team Durant: NBA All-Star Game 2021 Picks


T
he NBA All-Star draft is complete ahead of the game this weekend.

LeBron James and Kevin Durant assembled their superstar rosters. Peep the pick-by-pick breakdown:

Team LeBron


Team Durant


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