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Colab Platforms Has Fixed May 21 As Record Date For 1:2 Stock Split

PNN Mumbai (Maharashtra) [India], May 7: Board of Directors of Colab Platforms Limited (BSE: 542866), an emerging leader in the country’s sports-tech space have considered and fixed Wednesday, 21st May 2025 as a Record Date for ascertaining eligibility of shareholders for 1:2 stock split (sub-division of equity shares) of the company from 1 equity share […]

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Mumbai (Maharashtra) [India], May 7: Board of Directors of Colab Platforms Limited (BSE: 542866), an emerging leader in the country’s sports-tech space have considered and fixed Wednesday, 21st May 2025 as a Record Date for ascertaining eligibility of shareholders for 1:2 stock split (sub-division of equity shares) of the company from 1 equity share having face value of Rs. 2 each into 2 equity shares having face value of Rs. 1 each.

In a strategic move poised to reshape India’s sports-technology landscape, company has announced the launch of a Rs. 250 million Sports-Tech Growth Accelerator Programme. The initiative aims to identify, support, and scale early-stage ventures across critical areas of sports innovation, ranging from athlete performance tools and esports infrastructure to gamified fitness and fan engagement platforms.

Positioned under Colab’s newly established Sports Innovation Division, the Accelerator is designed to serve as a launchpad for founders reimagining the future of sports–from performance tech and esports to fan engagement, athlete development, and gamified fitness.

“India’s sports sector is on the cusp of a digital leap, and with this Growth Accelerator, we are not just funding ideas but building an innovation engine for India’s sports future. We want to back visionaries who are building for the next generation of sports, both in India and for the world,” said Puneet Singh, Managing Director of Colab Platforms Limited.

Highlights:-

* Company launches Rs. 250 million accelerator programme to drive sports-tech innovation in India

* An initiative to empower startups, strengthen collaborations, and transform the future of sports through technology

* Company also unveils new subsidiary, announces interim dividend, and forays into predictive gaming market

Access to a robust sports ecosystem

The programme will be spearheaded by Colab’s newly launched Sports Innovation Division and is set to offer not just capital, but a robust ecosystem to startups. It will include access to cutting-edge R&D infrastructure, mentorship from top industry operators and domain experts, business advisory and go-to-market strategy, and connections to sports federations, organisations, universities, and private equity firms. The selected startups will also gain opportunities to pilot their solutions within Colab’s own ecosystem, which includes sports leagues, teams, events, and commerce platforms.

The Colab Sports-Tech Accelerator programme will actively scout, support, and scale startups working across multiple impact-driven verticals, including, AI-Driven tools & Performance analytics, Wearable Sports Tech, Fan Engagement & Skill Based gaming platforms, Esports Infrastructure & Content IPs, Grassroots & Decentralised Athlete development, Gamified Fitness and Digital coaching models, and Sports 360° Platforms & Communities.

Unveils subsidiary for sports nutrition, equipment segment

In line with its broader growth strategy, Colab Platforms has incorporated a new wholly-owned subsidiary, Colab Sports Science Private Limited, which will drive the Group’s expansion in the sports nutrition and equipment segment. Colab Sports Science will cater to the fast-growing demand for sports science-based products and services in India. It will operate across both online and offline channels, offering nutritional supplements, wearable gadgets, and other sport-specific technologies that align with Colab’s vision to build a 360-degree sports ecosystem.

Board declares interim dividend

The Board of Directors of Colab Platforms has declared an interim dividend at the rate of 0.5% per share of face value of Rs. 2 each for the financial year 2025-26. The record date has been fixed as April 24, 2025. The dividend shall be paid on or before May 16, 2025, to the eligible shareholders.

Colab enters predictive gaming sector

As part of its broader digital expansion, Colab Platforms has formally entered the predictive gaming space, a rapidly emerging sector with over 50 million users and annual transaction volumes exceeding Rs. 50,000 crores. The company has also launched www.colabsports.in, an e-commerce platform for sports.

Through its new predictive gaming initiative, Colab aims to build a scalable, transaction-fee-based platform that offers users interactive and educational experiences, underpinned by advanced analytics, real-time data, and strong regulatory compliance.

These strategic expansions showcase the company’s unwavering commitment to innovation and its drive to provide cutting-edge experiences for its users. The foray is expected to diversify Colab Platforms’ revenue streams and also strengthen its position in the evolving sports-tech and fintech convergence space.

About Colab Platforms Ltd.

Colab Platforms Limited is listed on the Bombay Stock Exchange. The company has been delivering innovative technological solutions across various sectors, leveraging its expertise in advanced technologies to drive growth and enhance user experiences. Colab Platforms Limited is dedicated to providing customised, technology-based processing solutions that help clients achieve their objectives and exceed expectations. Recognising India’s rapid emergence as a global technology hub, Colab Platforms harnesses the nation’s diverse and talented professionals to contribute significantly to the development of the professional community.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

(The story has come from a syndicated feed and has not been edited by the Tribune Staff.)



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Apple’s WWDC Kicks Off Today, Promising A Week of Innovative Tech and Creativity | Communities

Apple hosts its annual Worldwide Developers Conference (WWDC) at Apple Park this week (June 6-13), bridging its developer community worldwide with insights into its latest innovations in technology, tools and features. “WWDC25 offers developers a chance to dive deep into the latest technologies and frameworks with Apple experts,” Apple said in a statement. Opening with […]

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Apple hosts its annual Worldwide Developers Conference (WWDC) at Apple Park this week (June 6-13), bridging its developer community worldwide with insights into its latest innovations in technology, tools and features.

“WWDC25 offers developers a chance to dive deep into the latest technologies and frameworks with Apple experts,” Apple said in a statement.

Opening with a Keynote, the free online conference leads with a premier of its groundbreaking Apple platform updates. The Platforms State of the Union delves into empowering new development tools and iOS, iPadOS, macOS, tvOS, visionOS and watchOS advances.

The free online conference boasts over 100 technical sessions and labs, offering developers the opportunity to connect with Apple engineers, evangelists and designers to differentiate their platforms with Apple’s new enhancements.

“Apple Developer Program members and Apple Developer Enterprise Program members will have a chance to connect directly with Apple experts through online group labs and one-on-one appointments.” Apple said. “Developers can join group labs to learn about the week’s biggest announcements in real time, or set up online appointments for guidance on topics including Apple Intelligence, design, developer tools, graphics and games, machine learning, Swift and more.”



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Warner Bros. Discovery to split into two companies

NEW YORK (AP) — Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a sustained upheaval in the entertainment industry. HBO, and HBO Max, as well as Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, […]

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NEW YORK (AP) — Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people “cutting the cord” brings with it a sustained upheaval in the entertainment industry.

HBO, and HBO Max, as well as Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, will become part of the streaming and studios company, Warner Bros. said Monday.

The cable company will include CNN, TNT Sports in the U.S., and Discovery, top free-to-air channels across Europe, and digital products such as the Discovery+ streaming service and Bleacher Report.

Shares jumped 11% at the opening bell.

Warner Bros. Discovery CEO David Zaslav will become serve as CEO of the company that for right now is called Streaming & Studios. Gunnar Wiedenfels, chief financial officer of Warner Bros. Discovery, will be CEO of the cable-focused entity, for now known as Global Networks.

“By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today’s evolving media landscape,” Zaslav said in a statement.

Just days ago Warner Bros. Discovery shareholders in a vote that was symbolic as it’s nonbinding, rejected the 2024 pay packages of some executives, including Zaslav, who will make more than $51 million.

Warner Bros. Discovery said in December that it was implementing a restructuring plan in which Warner Bros. Discovery would become the parent company for two operating divisions, Global Linear Networks and Streaming & Studios. That was seen as a preview of the separation announced Monday.

Warner Bros. Discovery was created just three years ago when AT&T spun off WarnerMedia and it was merged with Discovery Communications in a $43 billion deal.

The cable industry has been under assault for years from streaming services like Disney, Netflix, Amazon and Warner Bros. own HBO Max. The industry is also being pressured by internet plans offered by mobile phone companies. Comcast, which is of nearly equal size to Charter, spun off many of its cable television networks in November, seeing so many customers swap out their cable TV subscriptions for streaming platforms.

Last month Charter Communications offered to acquire Cox Communications, a $34.5 billion merger that would combine two of the top three cable companies in the U.S.

So-called “cord cutting” has cost the industry millions of customers and left them searching for ways to successfully compete.

The Warner Bros. Discovery split is expected to be completed by the middle of next year. It still needs final approval from the Warner Bros. Discovery board.



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watchOS 26: these are the 6 big updates coming to your Apple Watch soon – including an AI Workout Buddy and a Notes app

watchOS 12 – or as it’s henceforth to be known, watchOS 26 – has been revealed at this year’s WWDC conference New features include an AI Workout Buddy, an improved Smart Stack and the new Liquid Glass visual language It also gets a Notes app! We made it! watchOS 26 – formerly and never-again referred […]

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  • watchOS 12 – or as it’s henceforth to be known, watchOS 26 – has been revealed at this year’s WWDC conference
  • New features include an AI Workout Buddy, an improved Smart Stack and the new Liquid Glass visual language
  • It also gets a Notes app!

We made it! watchOS 26 – formerly and never-again referred to as watchOS 12 – has been revealed at this year’s WWDC 2025 developer’s conference at Apple Park.

You can catch all the action live as Tim Cook’s keynote speech wraps up and the post-game unfolds, and you can check out what’s new with iOS 26 and macOS 26 Tahoe too.





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Revolutionizing Goalkeeper Gloves: From History to Modern Tech

The evolution of goalkeeper gloves has hit new heights with Liverpool FC goalkeeper Alisson Becker breaking a record by winning the Premier League in Reusch gloves—marking the brand’s resurgence since his youth. The history of goalkeeper gloves dates back to the 1885 patent by William Sykes, evolving through technology and materials, with modern gloves now […]

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The evolution of goalkeeper gloves has hit new heights with Liverpool FC goalkeeper Alisson Becker breaking a record by winning the Premier League in Reusch gloves—marking the brand’s resurgence since his youth. The history of goalkeeper gloves dates back to the 1885 patent by William Sykes, evolving through technology and materials, with modern gloves now featuring innovative designs tailored for elite performance. Despite advancements, challenges persist, such as the limited options for women’s gloves and the high cost of quality pairs, which wear out quickly. The debate continues over training gloves’ efficacy, grip maintenance methods like using Vaseline, and the quest for sustainable glove materials, as some professionals struggle with glove durability and performance.

By the Numbers

  • Alisson became the first goalkeeper in 24 years to win the Premier League with Reusch gloves.
  • Top-tier goalkeeper gloves retail between £80 and £180, while cheaper options start at £25 ($33).

Yes, But

While the advancement in glove technology benefits performance, the ongoing issue of limited tailored options for women’s gloves highlights a significant gap in the market that requires further attention and innovation.

State of Play

  • Goalkeepers frequently switch gloves, often using a new pair every month due to wear and grip reduction.
  • Non-stick training gloves are being adopted to enhance goalkeepers’ skills by increasing training difficulty.

What’s Next

As the demand for better and more sustainable goalkeeper gloves grows, innovations in materials and design are likely to continue, potentially leading to custom solutions that meet the unique needs of both male and female goalkeepers.

Bottom Line

The future of goalkeeper gloves hinges on addressing performance, fit for women, and sustainability, with continuous innovation essential for maintaining grip and comfort in a demanding sport.





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Thasunda Brown Duckett, One Of 2 Black Women CEOs Leading Fortune 500 Companies, Joins Investor Group Of The New York Liberty

TIAA President and CEO Thasunda Brown Duckett is now an investor in the WNBA’s New York Liberty. As AFROTECH™ previously told you, Duckett is one of two Black women CEOs of Fortune 500 companies. Now, she is making headlines for her minority stake in the New York Liberty as part of an investor group, Essence […]

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TIAA President and CEO Thasunda Brown Duckett is now an investor in the WNBA’s New York Liberty.

As AFROTECH™ previously told you, Duckett is one of two Black women CEOs of Fortune 500 companies. Now, she is making headlines for her minority stake in the New York Liberty as part of an investor group, Essence reports. Majority team owners, Clara Wu Tsai and her husband, Joe Tsai, raised capital through the group at a valuation of $450 million, which is a record for a professional women’s sports franchise, according to The New York Times. What’s more, Clara shared that she thinks the team is capable of becoming the “first billion-dollar women’s sports franchise.” The Tsais are also co-owners of the NBA’s Brooklyn Nets.

Duckett expressed on Instagram, “Sports has made a profound impact in my life. It taught me grit, perseverance, teamwork and resilience. To be an investor in women’s sports and the NY Liberty franchise is truly an impact moment.”

The investment group, with each share a percentage in the “mid-teens”, also includes Alibaba Founder Jack Ma, CNBC’s Karen Finerman, supermodel Karlie Kloss, private equity executive Gabrielle Rubenstein, and philanthropist Samantha Lasry. The raise will reportedly support a 75,000-square-foot practice facility located in Brooklyn, NY, once approved by the WNBA Board. The Guardian reports this will lead to the creation of two full practice courts, a strength and training room, a recovery suite, a hair and makeup studio, and more for the New York Liberty players — who won their first WNBA championship in 2024.

“We are pleased to welcome Jack, Karen, Thasunda, Karlie, Gabrielle and Samantha to the New York Liberty family,” Clara said, according to Essence. “We are fortunate to partner with these entrepreneurs and leaders whose exceptional achievements span technology, finance, business, and culture. They bring unique perspectives to our organization and share our deep commitment to advancing women’s sports.”

Joe Tsai commented:

“I am also delighted to welcome our other investors to our New York Liberty family, each of whom is a fierce advocate for women across industries including sports.”





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watchOS 26 Announced With New Liquid Design Language, Apple Intelligence Features, Wrist Flick Gesture, Workout Buddy, And More

WWDC 2025 just happened and brought tons of exciting news in terms of software upgrades. We got to see the next-generation OS for iPhone, Macbook, and more. The keynote did not let down the Apple Watch fans, as watchOS 26 turned out to be one of the most significant updates in years, especially with how AI remained […]

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WWDC 2025 just happened and brought tons of exciting news in terms of software upgrades. We got to see the next-generation OS for iPhone, Macbook, and more. The keynote did not let down the Apple Watch fans, as watchOS 26 turned out to be one of the most significant updates in years, especially with how AI remained the focal point, allowing for more customization and personalization of features.

watchOS 26 is here, and it’s a game-changer,  introducing powerful Apple Intelligence-driven fitness features, with the all-new Workout Buddy taking center stage

While the hype remained about the other upgrades, the watchOS 26 overhaul cannot be ignored, given how it was heavily inspired by the Vision OS, making it one of the major updates for the wearable in a while. In terms of design, we see a fresh look that gives it a more clean look and the translucent UI seems to align with the rest of the software updates. The design language is more cohesive, especially with the Solarium or Liquid Glass theme that brings the interface closer to iOS 18, macOS 15, and visionOS.

With the help of the translucent background, the UI elements would pop out more clearly and add more layering, giving it a 3D touch. The animations would also be more fluid and smooth, especially on the smaller screen, and the AI prompts would not feel cluttered. Users have also been long waiting for a control center that can be customized, and this has been made possible with the watchOS. The update now extends third-party widget support in the control center, a feature that has been long anticipated and is definitely a usability upgrade given the amount of personalization that can be added up, allowing users to have control over what appears and where.

watchOS updates

One of the most promising upgrades is the AI-powered WatchOS 26, which will now be available for Apple Watch users. WatchOS 26 is bringing Apple Intelligence to your Apple Watch, although the features will not be directly available on the wearable’s hardware and would require pairing with the iPhone. Hence, the watch would feel smarter, given how options like smart notifications and AI-driven reply suggestions can now be used to get more personal replies.

Apple is also introducing more advanced health and fitness tools in the watchOS 26 that are meant to provide a proactive approach to well-being, and one of the major announcements in the update was the Workout Buddy, which is an AI-powered fitness coach to help make the workout experience more personalized and engaging by provided real-time voice guidance during your sessions and even giving motivational prompts every now and then. The AI coach is able to learn from your workout patterns and then provide suggestions accordingly and even match the music according to the workout. This feature is integrated into the Workout app and does not depend on any third-party downloads.

watchOS 26 also introduces a new wrist-flick feature that can help users trigger actions on the Apple Watch by simply flicking their wrist and not having to touch the screen. This Assistive Touch and gesture-based control system allows for clearing notifications, silencing alarms, exiting an app, and returning to the home screen simply by gestures and engaging in a hands-free experience. Additionally, the Live Listen and Live Caption options on the Apple Watch allow you to start or stop a live listening session on the watch, so there is no need to take out the phone constantly. With the help of the live captions on the Apple Watch display, you can check out conversations instantly and discreetly, allowing for quicker accessibility.

The watchOS 26 public beta will be available next month, and the final release is expected in fall 2025.



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