Author: MNK News

The three-year agreement, signed by Interactive Strength, sees a minimum commitment of 162 Clmbr units for Planet Fitness SAS Interactive Strength Inc., makers of leading fitness equipment under Clmbr and digital fitness platform Forme, has secured exclusive distribution in Metropolitan France and French Regions with French training and equipment brand Planet Fitness SAS.The three-year agreement sees a minimum commitment of 162 Clmbr units, which is projected to generate more than $500,000 in revenue — and comes amid European gyms experiencing record revenues and membership growth.Interactive Strength had completed its acquisition of the vertical climber brand in February,Credit: ClmbrIn a letter to…

A proposed legislation in Ohio seeks to incorporate Bitcoin into its financial plan. Derek Merrin, the Leader of the Ohio House Republicans, introduced the bill.  Derek Merrin, who was the former Mayor of Waterville, took to X to announce that House Bill 703, filed this week, would enable the state treasurer to invest in Bitcoin (BTC) in order to create an “Ohio Bitcoin Reserve” in the state treasury. His thought behind introducing the bill was that incorporating BTC into the state’s investment portfolio could help hedge against the slow erosion of the purchasing power of the U.S. dollar, thereby helping…

electrical engineer working at the power station See the planning of electricity production at high … [+] voltage poles.getty At times like these, I’m reminded of a quote from Howard Marks, the most successful value investor you’ve likely never heard of. (Warren Buffett is a fan.) Marks’s monthly “Oaktree Memos” are well worth a read. And in his insightful book, The Most Important Thing: Uncommon Sense for the Thoughtful Investor, he wrote: “What’s clear to the broad consensus of investors is almost always wrong.” This quote has been on my mind lately because everyone is convinced that Trump 2.0 will…

As OpenAI prepares to undergo a restructuring that would make it a for-profit public benefit corporation, it faces two big hurdle: a legal battle with billionaire Elon Musk and opposition from fierce rival Meta.AFP via Getty Images Welcome back to The Prompt, “You can’t sue your way to AGI.” That’s OpenAI’s response to Elon Musk, who has filed a lawsuit against the AI juggernaut over its plan to restructure itself to become a for-profit public benefit corporation. Emails and text messages between Musk and OpenAI cofounders show that the billionaire himself proposed that OpenAI have a for-profit component back in…

President-elect Trump met with crypto industry leader Kris Marszalek to prepare an order for a Bitcoin reserve in a bid to strengthen the U.S. financial landscape.  Kris Marszalek, Crypto.com CEO, met Donald Trump at Mar-a-Lago on Dec. 16 to talk about the proposed crypto-related appointments within the financial departments and Congress. They also discussed drafts of a U.S. Strategic Bitcoin Reserve to be administered within the Treasury’s Exchange Stabilization Fund, as noted in his Nashville speech delivered in July.  What the Strategic Bitcoin Reserve entails After the meeting, Bitcoin Magazine posted a draft executive order made by the Bitcoin Policy…

Research shows emotionally connected members are three times more likely to stay—here’s how to create those bondsCelebrating milestones like birthdays, training achievements, and gym anniversaries isn’t just about recognition—it’s a strategic way to foster emotional connections that build loyalty and retention. Research shows that emotionally engaged customers are more likely to stay loyal and even advocate for your business.According to a Harvard Business Review analysis, emotionally engaged customers are three times more likely to recommend a business and return for repeat visits. Emotional motivators such as standing out from the crowd, enjoying a sense of well-being, and feeling a sense…

Tech moguls Mark Zuckerberg and Elon Musk have found common ground in their opposition to OpenAI’s planned transition from a non-profit to a for-profit entity. The New York Post reports that the world of AI is witnessing an unprecedented alliance as Mark Zuckerberg’s Meta, the parent company of Facebook and Instagram, has sided with Elon Musk in his legal battle against OpenAI. The AI startup, known for ChatGPT, is seeking to shed its non-profit status and become a for-profit public benefit corporation. However, this move has drawn the ire of both Zuckerberg and Musk, who are now united in their…

Topline Nima Momeni was found guilty Tuesday of murdering Cash App founder Bob Lee—who was stabbed to death in San Francisco last year— multiple outlets reported, putting an end to the high-profile case that roiled the tech world. Nima Momeni, the man who has since been convicted in the fatal stabbing of Cash App founder Bob Lee, … [+] made his way into the courtroom for his arraignment in San Francisco, May 2, 2023.online_yes Key Facts The jury, which began deliberations on Dec. 4, found Momeni not guilty of first-degree murder, but he was convicted of second-degree murder for Lee’s…

Cathie Wood, CEO of Ark Investment Management, is an active trader. She often buys her favorite tech stocks when they fall and sells them when they rise. This is what she did last week. 🔌Free Newsletter From TheStreet – TheStreet🔌 Investors and analysts have mixed opinions on Cathie Wood. Supporters see her as a visionary in tech investing, but critics say she’s only a mediocre fund manager. Wood’s followers affectionately dubbed her “Mama Cathie” after she drew widespread attention with a remarkable 153% return in 2020. However, her longer-term performance isn’t so hot. The flagship ARK Innovation ETF  (ARKK) ,…

After unveiling Exodus just over a year ago at The Game Awards, developer Archetype Entertainment has shown off the first gameplay for the sci-fi RPG. The trailer features a troupe of space mercenaries called Travelers, a lot of battle action and a particularly angry boss bear. It looks a lot like Mass Effect, which isn’t a surprise given that the studio employs former Bioware devs, along with ex-employees from 343 and Naughty Dog.During a livestream, the team revealed that Exodus is set in a post-Earth scenario at a time when humanity has ventured into faraway star systems and created new…