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Adidas terminates partnership with artist formerly known as Kanye West

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Adidas has ended its partnership with musician Ye following a series of offensive and antisemitic comments he made.

In a statement, Adidas said that it “does not tolerate antisemitism and any other sort of hate speech.”

The company went on to say that Ye’s recent comments and actions have been “unacceptable, hateful and dangerous” and that they violate the company’s values.

As a result, Adidas has decided to terminate the partnership immediately and stop all payments to Ye and his companies.

This isn’t the first time Ye has gotten himself into hot water with his comments. In 2018, he caused an uproar when he said that slavery was “a choice.”

He later backtracked on those comments, saying that he was misunderstood.

Ye has also been a vocal supporter of President Donald Trump, even going so far as to wear a MAGA hat during a Saturday Night Live performance. He later claimed that he was bullied backstage for his political views. Following the SNL performance, he took to Twitter to declare that he was “proud of myself.”

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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