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Activist Investor Thinks the Knicks Are Trapped Inside MSG Sports

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How do we unleash lightning in a bottle?

For months, a fierce debate has been unfolding between lawmakers and tech leaders over how — or even whether — to regulate artificial intelligence. Tensions spiked when U.S. senators stripped a controversial provision from President Donald Trump’s “big, beautiful bill” that would have blocked states from regulating AI for the next decade. The move revealed […]

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For months, a fierce debate has been unfolding between lawmakers and tech leaders over how — or even whether — to regulate artificial intelligence.

Tensions spiked when U.S. senators stripped a controversial provision from President Donald Trump’s “big, beautiful bill” that would have blocked states from regulating AI for the next decade. The move revealed sharp divides within the tech industry and between both political parties over who should hold the reins on this powerful technology.

J.D. Vance speaks at AI Action Summit in Paris

In February, Vice President J.D. Vance spoke at the Artificial Intelligence Action Summit in Paris, France, in front of business and world leaders, where he outlined the Trump Administration’s regulation plans.

“We believe that excessive regulation of the AI sector could kill a transformative industry just as it’s taking off, because deregulating AI,” Vance said. “This doesn’t mean, of course, that all concerns about safety go out the window, but focus matters, and we must focus now on the opportunity.”

AI leaders answer questions at U.S. Senate Commerce Committee

In May, leaders from AI-leading tech companies ChatGPT, CoreWeave, AMD, and Microsoft answered questions from a U.S. Senate Commerce Committee focused on how regulations could impact American AI competitiveness with tech markets in China and the European Union. However, while each company said they leaned toward less regulation when it comes to AI, their thresholds for that regulation differed.

OpenAI CEO Sam Altman said he understands companies need guardrails when developing and deploying AI solutions, but too much regulation could stifle growth.

“I have the great honor to be one of the parents of the many parents of the AI revolution, and I think it is no accident that that’s happening in America again and again and again, but we need to make sure that we build our systems and that we set our policy in a way where that continues to happen,” Altman said. “Of course, there will be rules. Of course, there need to be some guardrails. This is a very impactful technology, but we need to be able to be competitive globally.”

CoreWeave CEO Michael Intrator testified that a patchwork of regulatory overlays will cause friction.

“And the idea that you can make an investment that could then become trapped in a jurisdiction that has a particular type of regulation that would not allow you to make full use of it is really very, very suboptimal and makes the decision-making around infrastructure challenging,” Intrator said.

Microsoft president weighs in on AI debate

At the hearing, Microsoft President Brad Smith outlined a more balanced approach to running the AI race.

“It is a race that no company or country can win by itself,” he said. “To win the AI race, the United States will need to support the private sector at every layer of the AI tech stack. The nation will need to partner with American allies and friends around the world.”

Concerning whether or not the federal government should open the door for U.S. States to deregulate AI, Brad Smith told KIRO Newsradio in a one-on-one interview, “States have long played a critical role in, say, protecting children, protecting consumers, and it would be a mistake, in our view, if federal legislation were to preclude their ability to do that, especially under laws of long standing.”

Many congressional Republicans who supported Trump’s proposed regulation moratorium said it would not only prevent a patchwork of rules and regulations, it would ensure American tech companies could compete with recent Chinese breakthroughs in generative AI, like the MiniMax platform that specializes in transforming text into videos and Deep Seek, a more cost-effective solution than leading American models like OpenAI’s GPT-4. AI has scaled faster than ever in China, thanks to a mix of optimism about technology and flexible regulations ready to ebb and flow to keep pace with the U.S. and European Union.

Congressman Adam Smith calls for regulation

For many Democrats like Congressman Adam Smith, not only does he think states and the federal government need regulations, he told KIRO Newsradio we should also adopt smart regulations worldwide.

“I’m particularly worried about the Trump approach of sort of, basically, America is going to operate on its own and do our own thing,” Adam Smith said. “Well, the rest of the world is going to do their own thing, and then chaos is the likely result in a whole bunch of different areas.”

Vance: ‘We must focus now on the opportunity to catch lightning in a bottle’

So, what is the right answer for regulating AI?

“Focus matters, and we must focus now on the opportunity to catch lightning in a bottle, unleash our most brilliant innovators, and use AI to improve the well-being of our nations and their peoples,” Vice President Vance said in Paris.

Using that analogy, strict regulation could be like keeping lightning locked tight inside that bottle. Less regulation could mean letting a little bit of that lightning at a time, but not enough to burn down the house. And complete deregulation could be like letting that lightning loose and just hoping it doesn’t torch everything around us.

For Adam Smith, he said the debate won’t be over anytime soon.

“I’m sure that what we saw the last few weeks was the opening chapter of what will probably become a book of debate and law, and regulation, and there’s a number of chapters still to be written,” Adam Smith said.

Follow Luke Duecy on X. Read more of his stories here. Submit news tips here.






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Analyzing the Financial Power of Top Golfers in 2025

In 2025, the golf industry has transcended its traditional boundaries, evolving into a dynamic ecosystem where athletes like Scottie Scheffler and Rory McIlroy are not just champions on the course but architects of long-term wealth. By leveraging endorsement deals, diversified income streams, and strategic investments, these golfers have redefined what it means to build a […]

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In 2025, the golf industry has transcended its traditional boundaries, evolving into a dynamic ecosystem where athletes like Scottie Scheffler and Rory McIlroy are not just champions on the course but architects of long-term wealth. By leveraging endorsement deals, diversified income streams, and strategic investments, these golfers have redefined what it means to build a personal brand in the modern era. For investors, the intersection of sports, technology, and media rights in golf presents a compelling opportunity to capitalize on a sport that is no longer just about winning majors but about creating value in every facet of the game.

The Financial Power of Top Golfers: A New Era of Earnings

Scottie Scheffler and Rory McIlroy exemplify the shift in golfers’ financial strategies. Scheffler’s 2025 earnings highlight a $20 million annual income from endorsements with Nike, TaylorMade, Rolex, and NetJets, alongside $62.2 million in tournament winnings and bonuses in 2024. His net worth, estimated at $110 million, is bolstered by investments in tech-driven ventures like GolfForever and Texas Ranchers in Major League Pickleball. Similarly, McIlroy’s $45 million in endorsement revenue from Nike, TaylorMade, and Workday, coupled with co-ownership of TGL and TMRW Sports, underscores his ability to monetize his brand beyond the greens.

These athletes are not merely earning income but building ecosystems. Scheffler’s stake in the Sport Fishing Championship and McIlroy’s Symphony Ventures, which invests in health tech and fitness brands, reflect a strategic diversification that mirrors the broader golf industry’s expansion into entertainment and wellness.

Diversification Strategies: Beyond the Leaderboard

The financial success of top golfers in 2025 is rooted in their ability to diversify income streams. Scheffler’s $19.5 million from the PGA Tour’s Player Impact Program and McIlroy’s $50 million equity stake from the PGA Tour during the LIV Golf crisis illustrate how loyalty and influence translate into financial rewards. These programs, which reward players for social media reach and on-course performance, have become as lucrative as tournament prize money itself.

Moreover, real estate and business ventures play a critical role. Scheffler’s Dallas home, valued at $3.2 million, and McIlroy’s co-founding of GolfPass—a digital subscription service with 2 million members—demonstrate how golfers are securing long-term wealth through tangible assets and recurring revenue models. These strategies mirror broader trends in athlete branding, where personal brands are no longer confined to sports but extend into lifestyle, technology, and entertainment.

Investment Opportunities in the Golf Industry: Where to Capitalize

For investors, the golf industry’s 2025 landscape offers multiple entry points.

  1. Golf Technology Startups: Innovations like PLATFORM Golf’s TrueSlope Platform and Trackman’s performance analytics are transforming training and competition. These startups, valued at $500 million and beyond, are attracting institutional capital.

  2. Emerging Leagues and Media Rights: The Golf League (TGL) and LIV Golf are reshaping the sport’s competitive landscape. TGL’s partnership with WhistlePig Whiskey and LIV Golf’s free-to-air deal with ITV in the UK highlight the leagues’ commercial potential. Media rights for these leagues are projected to grow by 20% annually, driven by digital-first audiences.

  3. Golf Real Estate and Simulators: High-end golf communities in the UAE and Spain, coupled with the rise of indoor simulators (e.g., Topgolf, Drive Shack), are attracting investors seeking both lifestyle appeal and financial returns. The Golf Real State report estimates a 15% annual appreciation in luxury golf properties.

  4. Fitness and Wellness Integration: With Gen Z and Millennials prioritizing mental and physical health, investments in golf fitness centers and wellness programs are gaining traction. Trackman’s partnerships with clubs like Wentworth Golf Club exemplify this trend.

The Road Ahead: Strategic Recommendations for Investors

The golf industry’s 2025 momentum is underpinned by technological innovation, demographic shifts, and a global appetite for entertainment. For investors, the key is to align with ventures that combine these elements.

  • Tech Startups: Prioritize platforms that integrate data analytics and virtual training, such as PLATFORM Golf and Trackman.
  • Media Rights: Target leagues with strong digital engagement, like TGL and LIV Golf, as their broadcast deals expand.
  • Real Estate and Simulators: Focus on regions with high demand for luxury golf communities and indoor entertainment venues.
  • Endorsement-Driven Brands: Support companies that partner with top athletes, as these collaborations drive brand equity and market reach.

Conclusion: Golf as a Gateway to Diversified Wealth

The rise of golf-driven personal brands in 2025 is not just a story of athletic success but a blueprint for financial resilience. By blending on-course dominance with off-course innovation, top golfers like Scheffler and McIlroy are setting new benchmarks for wealth creation. For investors, the sport’s evolving ecosystem—from tech startups to media rights—offers a fertile ground for growth. As the industry continues to break barriers, the question is no longer whether golf is a viable investment, but how deeply one is willing to dive into its multifaceted potential.



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Xiaomi’s New Bone Conduction Earphones Are Built for Swimmers—Literally

Xiaomi’s latest wearables drop has something most fitness earbuds don’t: a swimming mode that actually works underwater. Set to launch July 21, the Xiaomi Bone Conduction Earphones 2 are priced at ¥699 (roughly $96 USD), and they’re clearly aimed at active users—particularly swimmers who’ve had to settle for clunky workarounds until now. Music Underwater, No Phone […]

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Xiaomi’s latest wearables drop has something most fitness earbuds don’t: a swimming mode that actually works underwater. Set to launch July 21, the Xiaomi Bone Conduction Earphones 2 are priced at ¥699 (roughly $96 USD), and they’re clearly aimed at active users—particularly swimmers who’ve had to settle for clunky workarounds until now.

Music Underwater, No Phone Needed

The standout feature here is no doubt the dedicated swimming mode, powered by updated bone conduction tech that promises clearer audio beneath the surface. Unlike traditional earbuds, which struggle with water interference and sealing, bone conduction sends sound through your cheekbones—bypassing your ears entirely. It’s a format that’s been around, but Xiaomi is betting that theirs will do it better.

Xiaomi Bone Conduction Earphones 2

One big upgrade? The ability to store music on the earphones themselves. That means no need to bring your phone poolside or depend on Bluetooth (which typically fails miserably underwater). You load your tracks directly, switch to local playback mode, and dive in. Simple.

Also worth noting: the integration with Suunto’s swim-tracking algorithms, which adds some real utility for serious swimmers. Whether you care about split times, stroke recognition, or distance tracking, this pushes the Earphones 2 beyond just entertainment and into performance territory.

Xiaomi Bone Conduction Earphones 2 Feature Rundown

Here’s what the Bone Conduction Earphones 2 are bringing to the table:

  • Onboard music storage for standalone playback
  • Quick switching between Bluetooth and local music
  • Waterproof design specifically rated for swimming
  • Swim tracking powered by Suunto algorithms

It’s a targeted product—and that’s probably the point. Rather than trying to do everything, Xiaomi is leaning into a specific niche: people who want audio while they swim, without the usual compromises.

Xiaomi Bone Conduction Earphones 2

Price, Availability, and Strategy

At launch, the earphones will be available through JD.com and other major Chinese retailers. There’s no word yet on global availability, though Xiaomi often gauges local demand before expanding abroad. At $96, they’re priced to compete directly with other sport-focused audio brands like Shokz and JBL—though the added features might give Xiaomi an edge in the water.

A Notable Upgrade

The original Bone Conduction Earphones from Xiaomi launched back in October 2022. That model was fine for general fitness use, with decent battery life and USB-C charging. But it lacked local storage and wasn’t really built for swimmers.

The new version feels more intentional. More refined. And with the fitness wearables space getting crowded, narrowing the focus might actually be the smart move. It won’t be for everyone—but for the right kind of user, it could be exactly what’s been missing.

Disclaimer: We may be compensated by some of the companies whose products we talk about, but our articles and reviews are always our honest opinions. For more details, you can check out our editorial guidelines and learn about how we use affiliate links.Follow Gizchina.com on Google News for news and updates in the technology sector.





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How AI is breathing new life into old tech giants

00:00 Speaker A There’s another trend that I wanted to talk to you about, Paul, that I found interesting in the market recently. And that’s, you know, you and I’ve been following these tech stocks for a long time, right? And there’s some like Oracle, which we’ve been speaking about recently and watching that have […]

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00:00 Speaker A

There’s another trend that I wanted to talk to you about, Paul, that I found interesting in the market recently. And that’s, you know, you and I’ve been following these tech stocks for a long time, right? And there’s some like Oracle, which we’ve been speaking about recently and watching that have sort of found new life because of this AI wave. How much further can it take them?

00:37 Paul

Yeah, there are a couple of blasts from the past, I would say Oracle and AI, but I don’t think Oracle and AI with its any kind of tilt towards a large language model or even its apps is the big deal. It’s OCI, right? Their cloud computing infrastructure. That’s very much like Microsoft Azure and Amazon AWS. If it was just an AI hopeful software company, I wouldn’t have the same view of Oracle. The other thing I think will be interesting is not today, not tomorrow, but sooner or later, quantum computing will explode, and then you’ll see another blast from the past because here comes IBM. IBM after all these years of being poo-pooed could be a leader in quantum computing.

01:58 Speaker A

Well, and IBM has already trading near a record, so it’s already been seeing a lift from some of the transformations that company has been undergoing. Are there other sort of like old workhorses that you think people should be holding in their portfolios because they’re part of this new wave?

02:25 Paul

Yeah, another one that people had given up for dead was Cisco, right? For a long time, Cisco’s growth had slowed, and the only reason that you would buy Cisco was it had a really high dividend yield for a tech stock. So you could get kind of a two-fer and have a call option on some price appreciation. However, Cisco, in this AI infrastructure world, has some mojo. And I also think Cisco might be part of the consortium that is permitted in the United States to buy Tik Tok, so that could be interesting. So, yeah, another one.

03:33 Speaker A

Let’s get to the biggie here, and that is, of course, Nvidia. We had the recent news that they were going to be selling more, or that they were expecting to get the licenses again to sell H20s into China. What do you think is the biggest obstacle or risk for Nvidia at this point?

04:04 Paul

Well, we know, whether it’s the Chinese or the dude that we have in the White House, that, you know, a policy could easily be changed from morning to afternoon. So I still worry about that. But in the meantime, I think things are going great there. And this quarter, Nvidia was supposed to do revenues of about $45 billion. And that was excluding $8 billion in H20 revenue. So now that we’re back on, it won’t go from zero back to eight. But think about it. This could add, and it should add to all the Wall Street models, 20% upside to revenues over the next year or so. So if this deal sticks, I’m always worried about these deals sticking. But obviously a boon for Nvidia, and I agree. Post this announcement, the sell side is at about a $200 price target for Nvidia. I think it’s achievable.



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Garmin looks set to launch the Venu 4 and a new affordable Forerunner model very soon

Two new Garmin watches seem to be imminent We might get a cheaper Forerunner this Tuesday The Venu 4 could follow the recently launched Venu X1 It looks like there are going to be two new contenders for our list of the best Garmin watches in the very near future, with one official tease and […]

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  • Two new Garmin watches seem to be imminent
  • We might get a cheaper Forerunner this Tuesday
  • The Venu 4 could follow the recently launched Venu X1

It looks like there are going to be two new contenders for our list of the best Garmin watches in the very near future, with one official tease and one unofficial leak pointing towards new devices in the coming days and weeks.

To start with what we’ve heard directly from Garmin, the company has posted a teaser for a new watch arriving on July 22 (this coming Tuesday). The outline of the wearable suggests we’re looking at a new Forerunner model.



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Newly Opened Chongqing Sports Museum Bridges Athletic Spirit Linking History and Innovation

Chongqing—On July 17, Chongqing celebrated the opening of its landmark Sports Museum, marking a new era for the city’s sports culture and public engagement. Situated at the historic birthplace of Chongqing sports – Datianwan of Yuzhong District, the 2,000-square-meter museum forms the core of the unique “1+5” Datianwan Sports Heritage Cluster, which is made up of […]

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Chongqing—On July 17, Chongqing celebrated the opening of its landmark Sports Museum, marking a new era for the city’s sports culture and public engagement. Situated at the historic birthplace of Chongqing sports – Datianwan of Yuzhong District, the 2,000-square-meter museum forms the core of the unique “1+5” Datianwan Sports Heritage Cluster, which is made up of the museum itself and five major sports landmarks. The museum stands as both a window to a rich athletic past and a modern destination for interactive experiences.

Visitors tour the Chongqing Sports Museum on its opening day. (Photo/Qi Lansen)

Tracing a Century of Sports

The Chongqing Sports Museum brings to life over a millennium of athletic history, housing nearly 10,000 artifacts that chronicle the evolution of sports in the region. From ancient weapons of the Huayan Temple, symbolizing traditional martial values, to modern Olympic gold medals and world championship trophies, every item tells a story of courage, perseverance, and achievement.

The museum’s five thematic galleries guide visitors through key chapters of Chongqing’s sports journey, from the roots of indigenous sports to the city’s recent international successes. Iconic memorabilia, such as the gold medal from the city’s first National Games, trophies brought home by Chongqing athletes, and historic photographs, serve as powerful reminders of the city’s enduring sporting spirit.

Combining Technology and Tradition

Setting itself apart from conventional museums, the Chongqing Sports Museum uses cutting-edge technology to transform the visitor experience. More than ten interactive installations—such as a VR penalty shootout, 8D motorcycle racing, and skydiving simulations—allow guests to immerse themselves in the thrill of competition. The “Broadcast Gymnastics Time Machine” enables visitors to relive the energy of campus sports, while AI-powered Go matches offer a bridge between ancient games and artificial intelligence.

A visitor experiences VR equipment inside the museum. (Photo/Qi Lansen)

A highlight is the “Mountain City Journey” VR experience, which lets participants spar with virtual boxing champions, experience high-altitude parachuting, or race through a simulated Chongqing circuit. These innovations bring sports history off the page and into the senses, making every visit an exploration of both heritage and technology.

Inspiring Community

The museum’s mission goes beyond preservation and display—it aims to ignite a passion for sports and civic engagement throughout Chongqing. Admission is free to the public, and during the opening period from July 17 to 19, multiple facilities at the neighboring Datianwan Fitness Center—including basketball courts, swimming pools, and more—are also available at no cost.

Special events, such as a “treasure hunt” for hidden gems within the museum, offer visitors the chance to win customized souvenirs and deepen their connection with Chongqing’s sporting heritage. Educational programs, creative workshops, and cultural exhibitions further reinforce the museum’s role as a hub for learning and inspiration.

Officials hope the new museum will showcase Chongqing’s proud athletic history and serve as a dynamic platform for transmitting the city’s spirit to future generations. By fusing the past and the present, tradition and innovation, the Chongqing Sports Museum is set to power the city’s journey toward a stronger, healthier, and more united community.

The Chongqing Sports Museum is open Tuesday through Sunday from 9:00 to 17:00, and admission is free of charge (it is closed on Mondays, except for national holidays).



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