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June 1, 2023

Twitter Valuation Drops to One-Third of Elon Musk’s Purchase Price

Elon Musk’s big gamble on Twitter might not be paying off quite like the billionaire mogul hoped. The social media platform owned by Musk may only be worth $15 billion overall, one third of its October 2022 sticker price of $44 billion. The data comes from a monthly disclosure from Fidelity’s Blue Chip Growth. However, analysts note that since Twitter is now a private company following the sale, information about its assets can’t be verified. However, it wasn’t all bad news for Musk, who reclaimed his position as the world’s wealthiest human, according to the Bloomberg Billionaires Index. His earnings boost came as a result of a strong quarter for Tesla.


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Monty Williams On Verge of Historic Deal with Detroit Pistons

Monty Williams has reportedly found his next coaching home. The two-time NBA Coach of the Year will join the Detroit Pistons, according to ESPN’s Adrian Wojnarowski. Woj reports that the two parties have agreed upon a deal that will pay Williams $78.5 million over six years, marking the highest coaching contract in league history.

Heat and Celtics Post Biggest NBA Eastern Conference Viewership in History

The Miami Heat punched their ticket to the 2023 NBA Finals in front of the largest viewing audience in Eastern Conference Finals history. According to Warner Media Sports, 11.9 million people tuned in to watch the Heat’s rout of the Boston Celtics 103-84, surpassing the Game 7 showdown between the Heat and Indiana Pacers in 2013. Monday night’s ECF Game 7 telecast, which peaked with an average of 14.2 million viewers from 10-10:15 p.m. ET,  was the No. 1 program of the night across cable television. TNT finished with its most watched NBA Playoffs coverage in five years, with an average of 4.7 million total viewers, up 14% year-over-year.

Naomi Osaka Debuts Digital Collection with Meta

Four-time Grand Slam champion Naomi Osaka is taking her fashion talents to the virtual world with a new digital clothing collection for Meta Avatars. Drawing inspiration from tennis, her media platform Hana Kuma, her dogs and more, the mom-to-be’s flagship digital collection dropped Wednesday with five outfits available in the Meta Avatars Store on Instagram, Facebook, Messenger, and in VR. “To me, one of the most exciting parts is that digital apparel is much more accessible than luxury apparel in the real world. I can dress my avatar in whatever I want—there’s a lot more freedom and flexibility to have fun and experiment with looks and designs,” Osaka said about the capsule.

Michelai Graham has more details about Naomi Osaka’s latest fashion venture.

‘Succession’ Wraps with Series-high Audience Numbers

The series finale of Succession drew 2.9 million viewers tuning in live on Sunday night, a record high for the beloved HBO drama, the network announced. The number was 68% higher than the audience for the Season 3 finale, which had 1.7 million viewers on the night it premiered in December 2021. Warner Bros. Discovery reported the numbers, which represent a combination of Nielson viewers and WBD tallied streams via MAX. For the fourth and final season, HBO said that Succession was averaging 8.7 million viewers per episode, including delayed viewing, also a new high for the program. This year’s finale is expected to eclipse the delayed viewing figures.