Adidas scores as Argentina advances to face Germany in World Cup final
Argentina beat the Netherlands in penalty kicks on Wednesday to advance to the finals of the World Cup against Germany. But the real winner is Adidas, who makes the jerseys of both finalists. US-based Nike has the rights to the shirts of Brazil and the Netherlands, who will face off for third place on Saturday.
Argentina star Lionel Messi is also one of Adidas’ high-profile endorsers.
The German sportswear and gear brand also signed the Cleveland Cavaliers’ Andrew Wiggins, the first player taken in the NBA Draft last month, to its roster of athletes on Wednesday.
Five other things to know on Thursday:
- Sen. Mark Warner (D-VA) has asked the Federal Trade Commission to investigate Facebook’s 2012 experiment where it removed posts from the timelines of 700,000 users without their knowledge to see if it would change their moods.
- Aereo indicated on Wednesday that it has found a path forward after losing a devastating case at the Supreme Court last month that essentially outlawed its business model. The catch: it has to be classified as a cable company, something it has avoided.
- Dish Network has asked the FTC to block the merger of Comcast and Time Warner Cable, saying the combination would present "serious competitive concerns for the broadband and video marketplaces."
- The NBA named Pamela El as its CMO on Wednesday. She is a veteran of Nationwide Insurance and State Farm. El will report to deputy commissioner Mark Tatum.
- An arrest warrant was issued on Wednesday for Robert Rex, the former CEO of Tulsa, Oklahoma-based Rex PR, for two felony counts of lewd or indecent acts to a child younger than 12, according to numerous reports. Rex PR executives said in media reports that he is no longer with the agency.