#PlaybyPlay;
Foot Locker (NYSE: $FL) Invests $3 Million Into NTWRK, Fitbit (NYSE: $FIT) Enables
FibriCheck App Availability in Europe and Millennial Esports (TSXV: $GAME.V) Acquires
Data Provider DriverDB.com
IAAF World Athletics
Championships Gear Up Without Bolt for First Time Since ‘03 and Nick Kyrgios
Fined and Suspended by ATP
Point Roberts, WA, Delta BC Sept 26, 2019 -
Investorideas.com, a leader in investor news and research issues today’s
edition of Play by Play covering what’s new in sports headlines and recent
news from publicly traded companies in the sector.
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Stocks
discussed: (NYSE:FL) (NYSE:FIT) (TSXV:GAME)
Foot Locker, Inc. (NYSE:FL) has announced a strategic
investment
of $3 million USD in youth culture e-commerce and content platform NTWRK.
Richard Johnson, Foot Locker's Chairman and CEO explained:
"NTWRK's
innovating and engaging content platform is pioneering the way brands tell
their stories and the way youth culture shops. At Foot Locker, we are focused
on continuing to elevate the customer experience and investing for growth, and
our partnership with NTWRK reflects our commitment to driving our business in
new and exciting ways. We look forward to working closely with Aaron [NTWRK CEO
Aaron Levant] and the NTWRK team to deliver exclusive products and experiences
for our customers and extend our reach in youth culture."
Fitbit, Inc. (NYSE:FIT) has announced a partnership enabling users in
Belgium, the Netherlands, Ireland and the UK to monitor their heart rhythm for
irregularities directly from their Fitbit smartwatch. This is done through the
FibriCheck app, which uses Fitbit’s commercial-grade PPG (photoplethysmography)
sensors – light-based technology that measures the rate of blood flow – to
capture heart rhythm measurements from a user’s wrist. Nicola Maxwell, Director
of Health Solutions & Services, EMEA for Fitbit, commented:
“For
more than a decade, Fitbit has helped millions of consumers around the world
get healthier by providing them with a holistic picture of their health and
wellness. Our partnership with FibriCheck expands on this vision by offering an
accessible way for people to detect irregular heart rhythms using their Fitbit
smartwatch, helping them to potentially identify and monitor heart conditions
like atrial fibrillation. FibriCheck is the first CE-marked app to be available
on Fitbit smartwatches in the EU and its addition to the platform complements
our expanding range of technology-based solutions that can help drive positive
health outcomes.”
Millennial Esports Corp. (TSXV:GAME) has acquired global motorsports
data provider DriverDB.com, expanding its expertise in the esports data
industry. Millennial Esports President and CEO, Darren Cox said.
"Driver
Database has been collating data for 15 years in the motorsport industry and
has gained trust and credibility in this space by the whole sport. With our
marketing expertise, we can now make the most of this data. Millennial Esports
also can use this well-structured approach to provide results and data to the
burgeoning esports industry – data which is in high demand by the media, rights
holders, and wagering organisations."
IAAF
World Athletics Championships Gear Up Without Bolt for First Time Since ‘03 and
Nick Kyrgios Fined and Suspended by ATP
The 2019 IAAF World
Athletics Championships are set to begin on Friday, September 27 at Khalifa
International Stadium in Doha, Qatar. This will be the first year since 2003
that sprinter Usain Bolt will not be participating. Bolt holds several IAAF
records, including most medals won by a male athlete, most gold medals won,
most World Athlete of the Year trophies won, and most tickets sold. The Associated
Press
quotes American sprinter Justin Gatlin:
“It’s weird, because usually when he’s around, there’s
a different energy. It’s almost like pandemonium in a way. Now, you feel like
everyone is an opponent. Everyone has their opportunity of being really good
and stepping up to the plate to be able to place.”
Australian tennis
star Nick Kyrgios has been suspended by the ATP (Association
of Tennis Professionals) following an investigation into the player’s conduct
at the ATP Masters 1000 event Cincinnati last month. The investigation
concluded that Kyrgios has been found to have committed Aggravated Behavior
under the Player Major Offense provision in the ATP Code for his behaviour in
the second-round match at the aforementioned tournament. Kyrgios insulted a
chair umpire and smashed two rackets, for which he was fined $113,000 USD at
the time. Following the investigation, Kyrgios is also facing an additional
fine of $25,000, a suspension of 16 ATP weeks, and a probationary period of six
months beginning the Monday following acceptance of the terms of today’s
determination.
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