Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
FIFA suspended Folarin Balogun's red card ban, allowing the US's top scorer to play against Belgium in the World Cup Round of 16. The decision, criticized by UEFA, faced scrutiny after President Trump urged FIFA to review it, raising questions about political influence.
Tehran held a massive funeral for Supreme Leader Ayatollah Ali Khamenei, drawing millions of mourners in a display of grief and political messaging. However, many Iranians stayed away due to economic hardship and recent protests, with some blaming Khamenei for the crackdown. The funeral events aim to portray him as a transcendent figure, while critics question his legacy.
Singer Lauren Bennett, known for her work on LMFAO's 2011 hit "Party Rock Anthem," has passed away at the age of 37. Her former group G.R.L. announced the news, remembering her "beautiful spirit."
A BBC World Service investigation has identified Yurii Temerbek and two other men accused of torturing and sexually assaulting civilians in Russian-occupied areas of Ukraine. Survivors describe systematic abuse in secret detention centers, with allegations including beatings, electric shocks, and sexual violence. The accused men appear to be living ordinary lives in Russia and occupied Ukraine, while Ukrainian authorities pursue criminal proceedings against them.
Cristiano Ronaldo's final World Cup ended in tears as Portugal lost 1-0 to Spain in the last 16. The 41-year-old football icon, who has scored a world-record 976 goals, never won the coveted trophy, with his best performance being a semi-final appearance in 2006.
Samsung Electronics forecasts a 19-fold increase in profits for the April-June quarter, driven by high global demand for AI memory chips. The company expects to post 89tn won in operating profits, marking its third consecutive record quarter, as semiconductor prices rise due to supply shortages.
