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November 6, 2023

Myles Garrett Joins Mark Wahlberg’s MUNICIPAL as Equity Partner

Cleveland Brown Myles Garrett may be only 27 years old, but his business portfolio is already expansive. Boardroom can exclusively announce that Garrett will join Mark Wahlberg’s MUNICIPAL Clothing as an equity partner and brand ambassador. The four-time Pro Bowler will help guide the company’s strategic direction and will also  provide community programming in Cleveland. Last month, Garrett joined the Cleveland Cavaliers as a minority owner.

Read more about the partnership from Boardroom’s Bernadette Doykos.

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Elon Musk Unveils ChatGPT Rival, ‘Grok’

ChatGPT is nearing its one-year anniversary since it launched in Nov. 2022. Since then, the AI software has inspired a whole crop of competitors. Over the weekend, Elon Musk unveiled X’s equivalent: Grok. Musk’s AI venture xAI debuted the bot, making it available to a select set of users prior to its full release. The company indicated that Grok will stand apart from its competitors in its willingness to answer “spicy questions” and to showcase a “bit of wit” in responding to questions.

Taylor Swift Sets Another Personal Record with ‘1989’ Re-release Stats

Taylor Swift will not slow down. The entertainer’s re-release of her album 1989 (Taylor’s Version) took the No. 1 spot on the Billboard 200 chart in its first week of sales. It notched the equivalent of 1.65 million units. The performance set a new personal record for sales in the first week for the newly minted billionaire, eclipsing the 1.58 million copies of Midnights that sold during in Oct. 2022.

USWNT Targets New Head Coach in Chelsea’s Emma Hayes

The United States Women’s National Team is getting closer to its next head coach. ESPN reports that the team is in the final stages of negotiations with Chelsea women’s head coach Emma Hayes. Additionally, The Athletic reports that the contract will be a new record for US women’s soccer, though the details have not been released at this time. Hayes has already announced that she will be leaving Chelsea, but has yet to confirm her next move.

Nas and Steve Stoute Launch New Foundation to Deliver Reparations to Hip-hop Trailblazers

Nas and Steve Stoute are teaming up to make hip-hop history once more. The two are teaming with Andreessen Horowitz co-founder Ben Horowitz to launch their philanthropic effort, Paid In Full. The foundation will retroactively pay a number of individuals who helped to pioneer the art of hip-hop. On Nov. 17, the two will throw the Hip Hop Grandmaster Awards in Las Vegas, which has been in the works for two years. All proceeds will go towards the Paid in Full Foundation.

Warren Buffett’s Berkshire Hathaway Posts $10.8B Earnings in Q3, Nets Highest Cash Pile in Its History

Warren Buffett has long been one of the most clear-eyed analysts of the American economy. The 93-year-old is not slowing down in his older age. His company Berkshire Hathaway posted earnings of $10.8 billion in the third quarter, demonstrating an increase of 40% from the same period last year. As a result, the company set a new cash record with $157.2 billion. This happened despite a $24 billion investment loss throughout the quarter, which is largely attributable to its major investment in Apple, which was down more than 11%.