"We want to launch a new company... to generate revenue so we are able to redistribute and have better clubs, better stadiums and better players," Oscar Mayo.
"Media rights aren't going to grow as they used to in the next 10 years," Mayo added.
Microsoft does not earn any profit on sales of Xbox consoles alone, according to a Microsoft executive during the Epic Games v. Apple trial on Wednesday.
In a joint petition for dissolution of marriage, the couple asserted their legal union was "irretrievably broken," but said they had reached agreement on how to divide their marital assets.
The surging influence of Big Tech has led to calls for increased regulation, higher taxes and stronger antitrust enforcement to foster more competition.
US Justice Department officials on Tuesday announced that, with backing from a court, they purged "malicious web shells" hackers had planted in hundreds of computers running Exchange Server software.
The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year.
It will list its shares on the New York Stock Exchange under the symbol "PATH". Morgan Stanley and J.P.Morgan are the offering's lead underwriters.
The US-based Forbes magazine has added 493 new billionaires to its 2021 list. Of these, 210 are from China, Hong Kong and 98 are from the United States.
"The program delivers enhanced situational awareness, enabling information sharing and decision-making in a variety of scenarios," Kipman said in a blog post.