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🗞️ Doped games
The controversial new Olympics-style sporting event, where athletes will be permitted/encouraged to use performance-enhancing drugs, was announced to debut in Las Vegas in May 2026.
Pick & Scroll News
May 23, 2025
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Good morning. If you missed it this week, the controversial new Olympics-style sporting event, where athletes will be permitted/encouraged to use performance-enhancing drugs, was announced to debut in Las Vegas in May 2026.
Billed as a 'revolution in sport and science', the event aims to embrace what organisers call “superhumanity”.
The games will feature sprinting, swimming and weightlifting. Prize money is up to $500,000 per event, including a $1 million bonus for breaking the 100m sprint or 50m freestyle world records.
Maybe they should spice things up and flip traditional events. Instead of throwing a javelin, try catching one.
All the headlines and more below...
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The Brisbane City Council will review residential zoning laws to address housing affordability concerns. LINK
Australian households are using 7 times more data than a decade ago as smart home technology advances demand faster broadband speeds. LINK
GLOBAL NEWS
Shein and Temu are in the world's crosshairs
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COMPANY NEWS
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Microsoft has disrupted the Lumma Stealer malware operation that infected 400,000 computers through legal action and domain seizures. LINK
WeightWatchers is partnering with CheqUp to provide digital support for weight-loss injection users amid financial challenges. LINK
Ashurst has reduced its federal government work as 67 legal staff move to Thomson Geer due to Canberra's legal consulting budget cuts. LINK
PwC Australia has drawn criticism for using self-appointed independent reviewers following its tax scandal. LINK
Amazon shareholders rejected 8 independent proposals while reaffirming support for company leadership at the annual meeting. LINK
Kmart Group aims to double sales to $20B over 10 years by targeting younger shoppers and expanding its Anko brand internationally. LINK
Snowflake has raised its FY26 product revenue forecast while expanding AI integration through OpenAI and Anthropic partnerships. LINK
Nike will raise adult product prices by up to US$10 whilst resuming sales through Amazon after a 6-year break. LINK
The ACCC has cleared IAG's $855M acquisition of RACQ Insurance due to declining market share. LINK
Airwallex has raised US$300M in a Series F round at a US$6.2B valuation whilst planning an IPO within 12 months. LINK
Nufarm has reported a 39.5% half-year profit decline and reduced seed technologies earnings. LINK
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