Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Apple Eyes U.S. Formula 1 Broadcast Rights in Major Sports Streaming Push 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Trump Attends Super Bowl Amid Cheers, Boos, and Political Divide 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
‘The geezer game’ – a nearly 50-year-old pickup basketball game – reveals its secrets to longevity 
Trump to Host UFC Event at White House on His 80th Birthday 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
The National Basketball Association is investing in Zigazoo Inc., a TikTok-like app, as the kids’ social network gets more involved.
Among Zigazoo's investors are Serena Williams, Jimmy Kimmel, and the D’Amelio sisters.
An individual with knowledge of the situation estimates that the company is worth roughly $100 million after the fundraising round.
The $17 million investment was led by venture capital firm Liberty City Ventures, with Causeway Media Partners, Dapper Labs Inc., German media company OneFootball GmbH, and Hong Kong-based Animoca Brands Corp. also participating.
Zigazoo is a kid-friendly video-sharing software similar to TikTok that organizes challenges and activities for kids in brief clips, with the option to share their reactions with friends on social media.
Chief Executive Officer Zak Ringelstein says the app now has over a million users.
According to Ringelstein, Zigazoo will use the additional funding to develop new creative tools, establish a market for digital goods, and expand into "emerging tech industries" including augmented reality and the metaverse.
