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Nike names former executive Elliott Hill as CEO

Nike (NKE) named a new CEO Thursday, sending its stock up nearly 10% in after hours trading as the company attempts to reinvigorate slowing sales growth amid increased competition. Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and president on …

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Your Phone Won’t Be the Next Exploding Pager

Amid ongoing violent conflict with Israel, Hezbollah’s digital communications and activities are also under constant barrage from Israeli hackers. In fact, this constant digital assault reportedly played a role in pushing Hezbollah away from smartphone communication and toward pagers and walkie-talkies in the first place. “Your phone is their agent,” …

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Nintendo Is Suing ‘Palworld’ Creator Pocketpair

Palworld, colloquially known to fans as “Pokémon with guns,” is in hot water. Nintendo and The Pokémon Company announced Thursday that they’ve filed a patent infringement lawsuit in Tokyo against Pocketpair, the company behind the game, claiming Palworld “infringes multiple patent rights.” The lawsuit isn’t completely unexpected. In Palworld, players …

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