The stock price of chip companies has not performed well in the past few months. A recent report from Deutsche Bank predicted that this earnings season could show more signs of weakness. Argentina football superstar Lionel Messi will enter the field of technology investment with a new company, the company will be helmed by two Silicon Valley veterans.
The new company, called Play Time, is owned by Macy's Macy's Group and Silicon Valley executives Razmig Hovaghimian and special adviser Michael Marquez. New partnerships established.
Macy's Group said Play Time, a San Francisco-based holding company, will be Macy's primary vehicle for investing in sports, media, and technology investments around the world. At the same time, Play time will also consider taking stakes in sports teams and investing in "football technology. "
"I'm excited to extend our roots to Silicon Valley and excited that Play Time will be partnering with bold entrepreneurs from around the world," Macy said in a statement. "I hope that through its success, Play Time can help a lot. people and have a positive impact on the world. I am confident that our team and partners can achieve our goals.”
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