Apple Eyes Growth with Cheaper, AI-Compatible iPhone
Amid declining iPhone sales in recent quarters, Apple has revealed a brand-new addition to the family — the iPhone 16e. The latest model announced Wednesday will sell for $599 when it hits retail later this month. As the iPhone is the company’s largest source of revenue, Apple hopes that the iPhone 16e — which will boast Apple Intelligence capabilities — will reverse the downward sales trend it saw in 2024.
Aimé Leon Dore Teases Collab with The North Face
Aimé Leon Dore dropped a trailer highlighting its Spring / Summer 2025 collection this week, in which it teased an upcoming collaboration with The North Face. It’s a natural connection between a New York City-based company and a brand that’s been entrenched in the city’s culture for years. No official announcement has been made regarding when a potential drop will take place.
Cynthia Erivo to Host 2025 Tony Awards
Wicked superstar Cynthia Erivo will host the 2025 Tony Awards as it returns to Radio City Music Hall for the first time since 2022 on June 8. She will replace Ariana DeBose, who hosted the show for the last three years. Erivo previously won Best Actress in a Musical at the 2016 Tony Awards for her portrayal of Celie Harris in The Color Purple.
Selena Gomez, Ben Stiller, Oprah Winfrey, & More Added as Presenters for 2025 Oscars
Emilia Pérez star Selena Gomez, Severance director Ben Stiller, and media mogul Oprah Winfrey highlight the newest additions to the list of presenters for the 2025 Oscars. Additional new presenters announced Wednesday were Joe Alwyn, Sterling K. Brown, Willem Dafoe, Lily-Rose Depp, and more, joining a list that already includes Halle Berry, Scarlett Johansson, Cillian Murphy, Emma Stone, and Robert Downey Jr. Hollywood’s biggest night takes place on March 2.
Coach Owner Tapestry Sells Stuart Weitzman for $105M in All-Cash Deal
Tapestry, the parent company of Coach, is selling its Stuart Weitzman footwear brand to Caleres, the owner of Dr. Scholl’s, for $105 million in an all-cash deal, the companies announced Wednesday. Stuart Weitzman, making up 3.6% of Tapestry’s total annual revenue, fell victim to the downward trend in luxury fashion in 2024. Caleres also boasts footwear brands Sam Edelman and Vince under its umbrella.
NFL Selects Chargers for Return to Brazil in 2025
After a successful inaugural game last year, the NFL is returning to Brazil in 2025, with the Los Angeles Chargers playing host at Corinthians Arena in São Paulo. Their opponent will be announced with the full schedule in the spring. Per the NFL, Brazil is the league’s second-largest international fanbase behind Mexico with 36 million fans. The Week 1 game joins a global schedule for next season that also includes stops in London, Berlin, and Madrid.
Lady Gaga Sets New Spotify Streaming Record for Female Artist
Lady Gaga hit yet another milestone this week when she broke the all-time mark for monthly listeners by a female artist in Spotify history with over 123.73 million. Her hit collaboration with Bruno Mars, “Die With a Smile,” recently became the fastest song on Spotify to reach 1 billion streams while also topping the Billboard Hot 100 for five weeks.
Portland Thorns Ink NWSL-Record Jersey Deal With Ring
The Portland Thorns will have a new sponsor across their jerseys this season after agreeing to a multi-year agreement with Amazon-owned Ring. While financial details were not disclosed, the deal is the biggest in NWSL history, according to Sportico. For reference, the previous record partnership belonged to Bay FC and Sutter Health, which is reportedly valued at $2.5 million annually.
Janelle Monáe Tapped to Star in Adaptation of Tanya Smith’s Memoir ‘Never Saw Me Coming’
Janelle Monáe is set to star in a Universal Pictures adaptation of Tanya Smith’s best-selling memoir Never Saw Me Coming: How I Outsmarted the FBI and the Entire Banking System — and Pocketed $40 Million. Alongside Smith, the Grammy nominee will also produce the feature through Wondaland Pictures as part of her company’s partnership with Universal.
Sports Betting in US Breaks All-Time Record in 2024
The sports betting industry in the United States hit an all-time high of $13.71 billion in 2024, a 24.2% increase over the 2023 record of $11.04 billion. According to the American Gaming Association’s annual report filed on Wednesday, legal sportsbooks accepted $150 billion worth of bets while also posting the most profitable quarter on record to end last year at $3.66 billion.