Nike sues over counterfeit shoes, teasing ESPN streaming news and how TV and TikTok collide
Also: The latest in the Elon Musk/Twitter saga.
Hello, communicators:
In case you’ve been living under a rock, we wanted to keep you updated on the latest in the Elon Musk/Twitter drama.
Musk says the deal is “temporarily on hold”:
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
— Elon Musk (@elonmusk) May 13, 2022
But that news now matters to fewer people, as CEO Parag Agrawal fired two top Twitter executives and froze hiring earlier this week.
Stay tuned — all is chaos.
Here are today’s other top stories:
Nike is suing clothing and accessories reseller StockX, claiming that the company is peddling knockoff Nike shoes as authentic.
Court documents reveal that Nike says it purchased four pairs of these sneakers from StockX’s website and was able to verify them as counterfeit.
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