Xponential Fitness, Inc., global franchisor of boutique health and wellness brands, announced that Lily Yang has been appointed to the company’s Board of Directors effective June 16, 2025. Yang will also serve as chair of the Audit Committee.

Mark Grabowski, chairman of the Board of Xponential, said, “We are excited to welcome Lily to Xponential’s Board of Directors. Lily has extensive leadership experience in senior finance and accounting positions at companies in technology, healthcare and other high-growth industries. Notably, she played an integral role in taking Pinterest public while serving as chief accounting officer during its 2019 IPO and now holds the position of chief financial officer at Strava. We are confident that her deep financial expertise and strategic insight will be of significant value to the Board as we continue to advance Xponential’s strategic initiatives.”

Yang said, “It is a privilege to join the Board of Xponential, and I look forward to working alongside my fellow directors to support the company’s continued success. I was especially drawn to Xponential’s franchisee first focus and mission to bring the talents, assets, and capabilities that franchise brands need to grow successfully. I am eager to contribute a different perspective to the Board as we oversee the company’s strategic initiatives and growth strategy.”

Yang has nearly 30 years of experience working in diverse organizations across technology, healthcare and other high-growth industries. Yang has also served as VP of Finance and Accounting at Medivation, prior to Pinterest and Strava, responsible for driving strategic growth and expansion before the company was acquired by Pfizer. Yang also worked at Gilead Sciences, where she finished her tenure as VP and Corporate Controller.

Yang holds a Bachelor of Science degree in Accounting and Managerial Information Systems from Boston University and is a Certified Public Accountant (inactive).

Images courtesy Xponential Fitness, Lily Yang

Aims to Create Hong Kong’s Largest Smart Care Home

HONG KONG, June 18, 2025 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) and the Board of Directors of Pok Oi Hospital (Pok Oi) signed a Memorandum of Understanding (MoU) today to collaborate on exploring innovative technologies development for the Pok Oi Hospital Tuen Mun Lam Tei Nursing and Residential Care Home for the Elderly Project (Lam Tei Project). The facility, scheduled for completion in 2027, is envisioned to become Hong Kong’s largest “smart care home”, delivering enhanced efficiency and quality in elderly care services.

The MoU Signing Ceremony was officiated by Mr Ivan Lee, Commissioner for Innovation and Technology of the HKSAR Government and Mr Edward To, Director of Social Welfare of the HKSAR Government.

“One of the key strategies outlined in the Hong Kong Innovation and Technology Development Blueprint is to accelerate the transformation of research and development outcomes into practical applications, thereby promoting the smart city development and enhancing quality of life,” said Mr Ivan Lee, Commissioner for Innovation and Technology of the HKSAR Government.

“The collaboration between ASTRI and Pok Oi on the Lam Tei Project perfectly embodies this vision, marking the beginning of a new era of ‘smart elderly care’ in Hong Kong by leveraging innovation and technology (I&T) to enhance comprehensive elderly home services,” Mr Lee added. “We look forward to seeing more innovative technologies integrated into daily life, benefiting industries and society as a whole.”

Mr Edward To, Director of Social Welfare of the HKSAR Government, said, “I would like to express my sincere gratitude to Pok Oi Hospital for its unwavering support of Government’s elderly care policy over the years. Striving for excellence, Pok Oi Hospital has been sparing no effort in enhancing the service standards of residential care homes for the elderly. The Lam Tei Project not only symbolises an expansion in elderly care facilities, but also scales new heights in the application of I&T to enhance the quality of care. I hope the Project will inspire the sector to develop service model better tailored to the needs of the elderly, thereby benefitting more elders in the community.”

Tailored-made advanced elderly care solutions

The MoU was signed by Ir Chris Chong, Acting CEO and Chief Operating Officer of ASTRI and Ms Kelly Huang, Chairman of the Pok Oi Hospital Board of Directors, witnessed by officiating guests, Mr Ivan Lee and Mr Edward To, alongside Ir Sunny Lee, Board Chairman of ASTRI and Mr Herman Lee, Permanent Advisor of the Pok Oi Hospital Board of Directors.

The partnership will encompass research into various I&T applications for the Lam Tei Project, including generative artificial intelligence, robotics technology and the Internet of Things, aim at developing pioneering elderly care services to enhance residents’ experience. Building energy management technology will also be considered to improve energy efficiency.

Ir Sunny Lee, Board Chairman of ASTRI, emphasised the institute’s commitment to enhance quality of life through technologies. “With our robust capabilities and extensive experience in innovative research and development, we have secured over 1,100 patents and completed more than 1,500 technology transfer to industry,” he said.

“By integrating advanced technologies such as AI-driven healthcare solutions and centralised smart sensing platforms, we will provide bespoke elderly care solutions to fully support Pok Oi Hospital in establishing a high-performing, sustainable, and socially responsible smart residential care home for the elderly, whilst driving service innovation and improving the well-being of senior citizens,” he added.

Ms Kelly Huang, Chairman of Pok Oi Hospital Board of Directors noted the Project’s significance as Hong Kong’s largest residential care home for the elderly operated by a single organisation. “With over 1,400 residential places, the Lam Tei Project represents a new venture requiring holistic planning on facilities management, resource allocation and staffing arrangements to uphold the reputation of Pok Oi’s professional and high-quality service.”

“We are pleased to collaborate with ASTRI to explore intelligent technology solutions that helps us to formulate future operational strategies at an early stage. The integration of I&T will also enhance operational efficiency whilst enabling frontline staff to focus more on our elderly residents, putting Pok Oi’s people-oriented mission into practice.” Ms Huang added.

Both parties expect to leverage Lam Tei as their flagship project, continuously expanding the “future elderly care” service model to become an industry benchmark and elevate Hong Kong’s elderly care services through I&T.

Photos Download: http://bit.ly/4l2Eesi

(Back row, left to right) Ir Sunny Lee, Board Chairman of ASTRI; Mr Ivan Lee, Commissioner for Innovation and Technology; Mr Edward To, Director of Social Welfare; and Mr Herman Lee, Permanent Adviser to the Pok Oi Hospital Board of Directors, witnessing the MoU signing by Ir Chris Chong, Acting CEO and Chief Operating Officer of ASTRI (front row, left) and Ms Kelly Huang, Chairman of the Pok Oi Hospital Board of Directors (front row, right). The partnership launches research into innovation and technology applications for Pok Oi’s Lam Tei Project, aims at establishing Hong Kong’s largest “smart residential care home for the elderly”

About ASTRI

Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness through applied research. ASTRI’s core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Intelligent Perception and Control Technologies, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse.

Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred more than 1,500 technologies to the industry and has been granted over 1,100 patents in the Mainland, the United States, and other countries. For further information, please visit www.astri.org.

About Pok Oi Hospital

Pok Oi Hospital was founded in 1919 and has always adhered to the mission of “We Love, We Care, We Serve”. Today, Pok Oi has developed into a sizable charitable institution with 123 service units across Hong Kong. Its service scope includes Western and traditional Chinese medicine, dental services, elderly care, youth and family services, educational services and transitional housing services, reaching various levels of society and providing essential services to millions of beneficiaries every year. For further information, please visit Pok Oi Hospital website: https://pokoi.org.hk/.

(Bloomberg/Carmen Reinicke) — For more than two years, conversations about the biggest, most important technology companies have revolved around the same seven stocks. Now, some on Wall Street are making the case that Broadcom Inc. should be part of that discussion.

Relentless spending on artificial intelligence computing gear has juiced the chipmaker’s revenue and profits, driving a more than 340% rally since the start of 2023 and vaulting it into an elite cohort of stocks with a market value of at least $1 trillion. Meanwhile, Tesla Inc. — one of the original so-called Magnificent Seven stocks — has tumbled 22% this year as Chief Executive Officer Elon Musk’s foray into US politics sparked a backlash against the electric vehicle maker.

Broadcom, on the other hand, is expected to see its sales jump 22% in fiscal 2025 and 21% in fiscal 2026, according to analyst estimates compiled by Bloomberg. That growth is second only to Nvidia Corp. in the Magnificent Seven, which includes Amazon.com Inc., Microsoft Corp., Meta Platforms Inc. and Alphabet Inc. Tesla’s revenue, by contrast, is expected to shrink 1% this year.

“Broadcom would be a fair substitute for Tesla,” according to Michael O’Rourke, chief market strategist at Jonestrading, who was among the first to use the Magnificent Seven moniker in early 2023. “Simultaneously we have witnessed Broadcom’s business grow with the AI space while Tesla’s core business has been challenged.”

• Garmin has unveiled a new sleep tracking wearable
• It’s yours for $169.99 / £149.99 / AU$299
• The band is able to track multiple metrics while you sleep

Much as I love my Garmin Instinct 3, I don’t like wearing it while sleeping – it’s not uncomfortable, but it’s too chunky and heavy for bed. Now there’s an alternative for me and everyone else who owns one of the best Garmin watches: the Index Sleep Monitor.

The newly unveiled wearable looks like an oversized Whoop tracker. Crucially, it’s screenless and lightweight, so it shouldn’t interfere with a good night’s sleep – and it can last a week between battery charges. There are even two sizes to choose between, either small/medium or large/extra large.

Investment fuels expansion across basketball and volleyball markets with funding from Sapphire Sport, Hyperplane, and new partners including Mighty Capital and Sony Innovation Fund

BOSTON, June 18, 2025 /PRNewswire/ — SportsVisio, putting the power of advanced AI technology into the hands of every athlete, coach, and fan, today announced $3.2 million incremental funding, bringing its total capital raised to $9M. The round includes continued support from existing investors Sapphire Sport, Hyperplane and Sovereign’s Capital, and welcomes Mighty Capital, Sony Innovation Fund, Alumni Ventures, Waterstone Impact Fund and new strategic angels.

The addition of Sony Innovation Fund is of particular importance. With their deep expertise at the intersection of content, entertainment, and emerging technology, Sony Innovation Fund brings a unique perspective that aligns with SportsVisio’s vision to reimagine how sports are captured, analyzed, and shared.

“At Sony Innovation Fund, we invest in technologies with the potential to reshape industries — and SportsVisio is a perfect example of that,” said Austin Noronha, Managing Director, Sony Ventures in the U.S. “Their AI-driven platform delivers professional-grade tools to youth and amateur athletes, transforming how sports moments are captured and shared. We’re excited to back a team that’s expanding access to high-quality sports content and empowering the next generation of athletes.”

“At Mighty Capital, we invest in products that people love — and SportsVisio is a perfect example. They’ve combined cutting-edge AI with an intuitive user experience to create a product that athletes, coaches, and leagues rely on. Their rapid adoption and deep engagement are clear signals of long-term value, and we’re thrilled to partner with them as they transform how sports are experienced and shared,” shared Jennifer Vancini, General Partner at Mighty Capital.

This funding will power sales and marketing growth initiatives, as SportsVisio scales its offerings across basketball and volleyball and new sports like baseball for amateur, youth and professional sports organizations around the world.

“We’re thrilled to have the continued backing of Sapphire Sport and Hyperplane, and to bring on these new partners,” said Jason Syversen, SportsVisio Founder and CEO. “This funding and strategic guidance will help us to expand on our mission to provide smarter, AI-driven solutions that help teams and players win—on and off the court.”

The announcement follows three major product milestones recently achieved: the launch of SportsVisio’s Coach Mode, designed to deliver deeper insights into player performance, team trends, and game flow for the coaching audience; the release of its fully featured volleyball platform, now providing AI-powered stats and automated highlights to one of the fastest-growing sports globally; and the addition of a 3×3 product to enable the fast growing and fast paced format. These innovations reinforce SportsVisio’s commitment to building sport-specific tools that empower coaches and players with actionable data and access to video.

SportsVisio is trusted by more than 150 leagues, clubs, and teams and 16,000 users throughout 16 countries, empowering coaches, athletes, and teams to elevate their game through data-driven decision-making and video highlights and content.

About SportsVisio

SportsVisio is revolutionizing sports analytics through its AI-powered platform that delivers real-time stats, video highlights, and performance insights. The platform supports basketball and volleyball, with plans to expand into additional sports. For more information, find SportsVisio online at www.sportsvisio.com or on social media at facebook.com/SportsVisioAI, instagram.com/sportsvisio/, tiktok.com/@sportsvisio, and linkedin.com/company/sportsvisio.

About Mighty Capital

Mighty Capital is an early-stage venture capital firm that capitalizes on the growing influence of product management in corporate success. Founded by SC Moatti, a former Facebook mobile tech expert, and Jennifer Vancini, a seasoned professional with over 20 years in tech investments and M&A, the firm taps into Moatti’s Products That Count network of over 600,000 product managers and CPOs to gain insights into startups and corporate needs. The real “Why now?” is the AI revolution, which has reshaped corporate power structures, accelerating the shift towards digital products and services, thereby elevating the role of product managers. As a result, Fortune 1000 companies with CPOs have increased 10x in 3 years and are outperforming their peers. Mighty Capital’s focus on this product management revolution has led to high returns and minimized risk. Notable investments include Amplitude, Groq, and Canela. Founders and institutional investors praise the firm for its exceptional value, rapid execution, and ability to spot trends early. Learn more at Mighty.Capital.

About Sony Ventures Corporation

Sony Ventures Corporation manages the Sony Innovation Fund (SIF), which invests in all stages of emerging technology companies, as well as in startups solving global environmental challenges. SIF engages with pioneering startups to help fuel the development of disruptive technologies, launch new businesses, and contribute to the environment while seeking return on investment. Sony Ventures Corporation is headquartered in Japan. Learn more at www.sonyinnovationfund.com.

About Waterstone Impact Fund

WaterStone Impact Fund is a venture capital fund dedicated to accelerating world-class companies that fuel and amplify faith, hope, and love. Targeting companies that utilize AI and robotics, the WaterStone Impact Fund seeks to support ventures that align with its mission of integrating faith-based values with technological innovation. The majority of the fund’s carried interest is directed to the Tim Tebow Foundation, supporting initiatives against human trafficking, child exploitation, orphan care, profound medical needs, and special needs ministry in over 100 countries worldwide. Learn more at waterstoneimpactfund.com.

About Alumni Ventures

Alumni Ventures is America’s largest venture capital firm for individual investors. The firm has raised over $1.4 billion from a community of more than 11,000 accredited investors and built a diversified portfolio of 1,600+ current and historical companies across sectors and stages. Alumni Ventures offers individuals unique access to professionally managed venture capital and backs innovative founders building the future. Learn more at www.av.vc.

SOURCE SportsVisio

DAZN is launching a free-to-download “extended reality” version of its app for Meta Quest headsets that will offer immersive viewing of 63 FIFA Club World Cup matches.

Branded “DAZN: FIFA Club World Cup XR Experience,” available in the Meta Horizon store and accessible to U.S. DAZN subscribers, the app will give viewers access to multi-camera-angle match livestreams, interactive stat panels and a 3D tabletop viewer that overlays a real-time, rewindable virtual model of the pitch and players onto a flat surface.

During the finals, semi-finals and one quarter-final match, the app will also feature live, 180-degree camera feeds that simulate the experience of watching from the sideline.

The app was developed in collaboration with augmented reality developer Immersiv.io, one of SBJ’s 10 Most Innovative Sports Tech Companies for 2025.