Business

Yankees’ new minor league manager once disguised her gender. Now the MLB is celebrating her for it

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Rachel Balkovec is the first female manager in affiliated professional baseball. Read More

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SoFi will go public via SPAC

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This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.  The SPAC attack continues.  Lending startup SoFi on Thursday announced that it had agreed to merge with Social Capital Hedosophia Holdings Corp V, a blank-check company led by investor […]
Business

NordicTrack maker sues Peloton over Brand New Workout Bicycle Layout

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Peloton Interactive on Thursday was sued for patent violation by Icon Health and Fitness, the manufacturer of the NordicTrack motorcycle, escalating the legal tussle between both gym giants. Logan, Utah-based Bell filed a suit at a Delaware district court that’s made about patent infringement claims for 2 attributes Peloton added into a exercise bicycle published […]
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Twitter permanently bans Donald Trump due to risk of inciting violence

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Twitter banned President Donald Trump’s account Friday, citing “the risk of further incitement of violence.” The social platform has been under growing pressure to take further action against Trump following Wednesday’s deadly insurrection at the U.S. Capitol. Twitter initially suspended Trump’s account for 12 hours after he posted a video that repeated false claims about election fraud […]