Author: MNK News

Following their $4.7 billion deal, L’Oréal and Kering are planning a 50/50 joint venture that explores opportunities at the “intersection of luxury, wellness and longevity”  Time (or at least looking like you’ve rolled back the clock) has officially become luxury’s hottest commodity. Kering and L’Oréal, two of the world’s most influential names in fashion and beauty, have announced a long-term strategic partnership that reaches beyond fragrance and cosmetics to explore what’s next in longevity. The deal, valued at €4 billion ($4.7 billion) and expected to close in the first half of 2026, includes L’Oréal’s acquisition of the House of Creed,…

A pink-haired individual at University of Arizona called Turning Point USA activists “Nazis” and told them “watch your neck” — in blatant reference to the assassination of the organization’s founder, free speech martyr Charlie Kirk — while passing by a TPUSA display table on campus. “Hey, Nazis, can you set up somewhere where I can avoid you easily?” the individual states while approaching the Turning Point USA display table, to which a Charlie Kirk supporter replies, “Yeah, thank you, have a great day.” Watch Below: “Fuck you, Nazi. Watch your neck,” the pink-haired student responds in a blatant reference to…

Confession time: I’ve had the Sleep Awake Steam page open in a tab for about a month (hey, we all organize our thoughts in unique and beautiful ways), just so I don’t forget about it. The past year has been stacked with fabulous original games across a wide range of genres, including horror, and this is one I didn’t want to miss. Now, I can close the tab and put a firm release date on the calendar, as Sleep Awake is officially due to hit PC, PlayStation 5 and Xbox Series X/S on December 2. Happy holidays, indeed.Sleep Awake is…

From longevity clinics to $160k recovery chambers, wellness brands of all types are looking to leverage scientific expertise by forming advisory boards and signing well-known medical advisors As the booming wellness market becomes saturated with more brands trying to stand out and build a loyal customer base, a growing number of companies are leaning into the science behind their philosophies through expert-focused partnerships.  Several brands — including Next Health, Bon Charge, Therabody, SWTHZ and Ammortal — are bringing on established scientific experts to consult or oversee product development and research, cementing their respective credibility in the wellness market. Wellness tech…

Bitcoin is showing signs of renewed weakness as short-term investors begin to fold under selling pressure. According to the latest data from CryptoQuant, the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) has fallen to 0.992, its lowest level since late April. This key on-chain metric tracks the average profit or loss realized by Bitcoin holders who have owned their coins for less than 155 days — a group often associated with speculative or reactive behavior. Related Reading When the STH-SOPR dips below 1.0, it indicates that these holders are selling their coins at a loss, signaling a wave of capitulation…

The Bitcoin supply in profit has seen a sharp decline amid the latest crypto market crash. This has raised concerns that BTC could suffer a further crash, as holders who are in the red may move to offload their coins.  Bitcoin Supply In Profit Drops Amid Market Crash On-chain analytics platform Glassnode revealed in a report that the Bitcoin supply in profit has historically dropped to around 85%, with 15% of the supply sitting at a loss. This has occurred whenever the BTC price breaks down from a new all-time high (ATH) and trades around the short-term holders’ cost basis,…

IE 11 is not supported. For an optimal experience visit our site on another browser.Now PlayingPresident pardons crypto giant with ties to Trump family venture10:07UP NEXTTrump’s GOP starting to feel the shutdown heat as Americans feel the pain10:10Trump administration defends Argentina bailout09:46Federal programs are impacted as the government shutdown drags on11:14Trump plan to buy Argentina beef upsets GOP lawmakers, U.S. ranchers07:57Trump demands massive settlement from DOJ11:41WSJ: Trump admin. quietly waters down some tariff policies07:24GOP sticks together in shutdown day 2013:33How the health care fight could affect how much you pay05:15Republicans dub anti-Trump protests as ‘hate America’ rallies14:47Voters upset about rising…

Strava’s big attack on Garmin didn’t last long. On Tuesday, the former filed paperwork to dismiss its patent infringement lawsuit against the latter, according to DC Rainmaker. The battle, which included a “Setting the record straight” Reddit post from Strava’s chief product officer, lasted all of 21 days.The lawsuit accused Garmin of infringing on patents related to heat maps and segments. Strava asked the court to halt all sales of infringing Garmin products, which, according to its characterization, would have been, well, most of them.Strava Chief Product Officer Matt Salazar escalated the fight with an October 2 Reddit post. He…

The deal comes amid a year of consolidation across the fitness software and payments space Daxko, a software and payments provider, has added another piece to its growing fitness tech portfolio with the acquisition of Exercise.com, a gym management software company that focuses on boutique fitness studios. Financial terms of the deal were not disclosed. The acquisition builds on Daxko’s recent expansion streak. In September, the company acquired Vision, a longtime software partner of the Boys & Girls Clubs of America, extending its footprint to nearly 30% of Clubs nationwide. The deal was designed to reduce administrative burdens for club leaders while expanding access to Daxko’s…

Multan Sultans owner Ali Tareen hit out at the Pakistan Super League (PSL) management late on Thursday, stating he is “unhappy at their mediocre mindset”, after his franchise was issued a legal notice threatening suspension over breach of contractual obligations. Earlier in the day, the PSL management had acted following repeated public statements by Tareen criticising the Pakistan Cricket Board (PCB) and PSL, and had sought a public apology if the latter wished to avoid legal proceedings. The move marked a significant escalation in the simmering tensions between the board and the Multan franchise. Tareen then posted a video on…