Tragedy Strikes At Travis Scott's AstroWorld Concert, Nike Begins Entry Into Metaverse And Beyoncé Hires Ex Goldman Exec To Manage Investments

Additional News: The wheels come off at Peloton as stock drops 35%, while Canada Goose, Under Armour and Steve Madden all report chipper results

Nike virtual sneakers as featured in Fortnite

• Such devastating news. Tragedy struck last night at Travis Scott’s AstroWorld festival where eight people died and 20 were hospitalized as a result of crowd surges. According to Houston fire chief Samuel Peña, the worst of the incident began around 9:15 PM when the crowd of approximately 50,000 concert-goers began to move toward the front of the stage. "The crowd began to compress toward the front of the stage, and people began to panic," Peña said.

  Here is a terrifying account from a woman who was caught up in the crush and didn’t think she would survive it. At one point she attempted to alert the cameraman of the melee that was happening just yards away from him but he refused to stop filming.

• Nike has made its first independent moves into the metaverse by filing trademarks for virtual products. It’s also hiring a virtual footwear and material designer who “will play a key role in redefining our digital landscape, ushering us into the meta…