Adidas is on the hot seat to cut ties with Kanye West | CNN Business

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Adidas is on the hot seat to cut ties with Kanye West | CNN Business
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“I can say antisemitic s*** and Adidas cannot drop me,” Kanye West said during his now infamous tirade against Jews during the Drink Champs Podcast earlier this month. With a social media uproar focused on Adidas brewing, Ye’s theory is now being tested.

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Here’s the deal: The list of brands distancing themselves from West is growing by the day. Balenciaga and Vogue publicly cut ties last week, and on Monday talent agency CAA dropped West as a client, and production company MRC said that it’s shelving a documentary on West.

” In other words: limit the gigantic piles of cash being used in service of Zuckerberg’s flailing metaverse vision. “Like many other companies in a zero rate world — Meta has drifted into the land of excess — too many people, too many ideas, too little urgency,” Gerstner wrote. “This lack of focus and fitness is obscured when growth is easy but deadly when growth slows and technology changes.

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