Stephen Curry Reveals Reworked Logo Following Massive Li-Ning Deal

Stephen Curry officially unveiled his updated logo after signing a reported 10-year, $400 million endorsement deal with Li-Ning. The refreshed mark blends Curry’s signature logo with Li-Ning’s branding and marks the start of a global expansion for Curry Brand following the end of his partnership with Under Armour. The deal also includes basketball footwear, lifestyle apparel, golf products, and the ability to sign athletes under Curry Brand.

Paramount Skydance agreed to exit its international film distribution joint venture with Universal, United International Pictures, in an effort to secure European Union approval for its $111 billion acquisition of Warner Bros. Discovery. The concession addresses antitrust concerns from European cinema operators, with the European Commission extending its review deadline to July 22. The U.S. Department of Justice has already approved the deal, while U.K. regulators continue conducting a separate review.

The 2026 FIFA World Cup group stage averaged 5.1 million U.S. viewers across Fox, FS1 and Tubi, up 92% from 2022 and the highest English-language group stage average. The USMNT’s win over Paraguay drew more than 18 million viewers, setting a new all-time U.S. World Cup broadcast mark. Brazil-Morocco and Mexico-South Korea posted record audiences, with several matches topping 9-10 million viewers. The USMNT returns to action on Wednesday night against Bosnia and Herzegovina in the knockout stage.

Getty Images and Shutterstock have ditched their planned $3.7 billion merger after the U.K.’s Competition and Markets Authority required the divestiture of Shutterstock’s editorial business. Getty called the condition a non-starter, ending a deal that would have consolidated two major stock image platforms and delivered up to $200 million in expected cost synergies. The companies now plan to explore separate strategic financing options moving forward.

Kroger agreed to acquire regional grocer Giant Eagle in a $1.65 billion deal aimed at expanding its footprint in the Midwest and Mid-Atlantic. Giant Eagle operates about 197 supermarkets and 11 pharmacies across several states and generates roughly $9 billion in annual sales. The deal marks Kroger’s first major acquisition since its failed $25 billion Albertsons merger and is expected to close in 2027, adding to profits by its second full year.

Dwight Howard is set to star in and executive-produce the vertical short-form series The Escape Room: Truth or Dis., which will debut as a launch title for new streaming platform Tap In Shorts. The psychological thriller follows strangers trapped in a deadly game that forces them to confront hidden truths. The project marks one of Howard’s first major acting roles, as the platform rolls out additional original vertical series content.

Sony Interactive Entertainment will end physical disc production for all new PlayStation games starting in January 2028, shifting releases fully to digital distribution via the PlayStation Store and select retailers. The company said the move reflects a long-running consumer shift away from discs toward digital access, noting that it won’t affect titles released before the cutoff date. The transition marks a major step in the industry’s broader move toward digital-only console gaming.

The Los Angeles Lakers began reshaping their roster for the post–LeBron era, reportedly acquiring center Walker Kessler from the Utah Jazz in a blockbuster trade for unprotected 2031 and 2033 first-round picks plus 2028 and 2030 swaps. Kessler also agreed to a four-year, $130 million extension. Los Angeles further added Sandro Mamukelashvili, Quentin Grimes, and Collin Sexton as part of an aggressive roster reset focused on maximizing Luka Dončić‘s talents.

The S&P 500 and Nasdaq Composite posted their strongest quarterly gains since 2020, despite ongoing geopolitical tensions tied to the Iran conflict. For the quarter, the S&P 500 rose 14.9%, while the Nasdaq jumped 21.4%. The Dow also surged 13%. Markets were supported by optimism around corporate earnings and economic resilience, even as investors weighed oil price volatility and inflation concerns linked to the Middle East conflict.

Fox Nation will premiere a two-part documentary, UFC Fight House: The Making of the Biggest Fight in History, on July 2, offering a behind-the-scenes look at the UFC Freedom 250 event staged on the White House South Lawn. The film chronicles planning, construction, and logistical challenges, including weather and security hurdles, and features interviews with UFC leadership and political figures.

Image: Courtesy of Li-Ning