I am the FIRST!!!
regular 4 post ff
Section1 headline
Section1 are body
infinite scroll 4 pff
LeBron James and private equity firm to buy into Boston Red Sox
Boston Red Sox majority owner John Henry has agreed to sell a roughly 11% stake in the team's parent company to RedBird Capital Partners, Axios has confirmed with a source close to the situation. Separately, LeBron James has acquired around a 1% stake in the club.
Why it matters: It's a massive return on investment for Henry, who in 2001 paid what was then a record $700 million for the Red Sox. This deal values its parent company, Fenway Sports Group, at around $7.3 billion.
In photos: Protesters across Brazil demand President Jair Bolsonaro's removal
Thousands of protesters across Brazil called for President Jair Bolsonaro's removal Saturday, one day after a judge authorized opening an investigation into him over an alleged COVID-19 vaccine procurement scheme, per the Guardian.
Why it matters: The pandemic has killed almost 524,000 people in Brazil amid a slow vaccine rollout. This investigation, along with a Senate probe, may hurt Bolsonaro's re-election chances next year and could hamper his "ability to serve out the remainder of his term," the New York Times notes.
The new media mogul: Andreessen Horowitz
One of Silicon Valley's most formidable venture capital firms is doubling down on content, putting some tech media outlets on edge.
Why it matters: Andreessen Horowitz isn't interested in traditional journalism, but, in an era where content and reach is power, it wants to exert more influence over how people think about tech and business issues.
Sports' unequal playing field
Sports are often sold as the great equalizer. Yet time and again, the sports meritocracy is proven to be a myth.
Why it matters: In theory, sports are an escape. In reality, they are a mirror — often perpetuating the most unjust aspects of society.