Apple signs a multiyear NFL deal to have Apple Music replace Pepsi as the main sponsor for the Super Bowl halftime show; sources: the NFL wanted to charge ~$50M (Tripp Mickle/New York Times)

Tripp Mickle / New York Times:
Sources: amid lockdowns, Chinese staff and suppliers contributed more complex work to the iPhone 14 than to past models as Apple tries to cut its China reliance  —  Apple is taking small steps toward India.  But the production of its latest phone, set for introduction on Wednesday, shows how difficult it will be to make big changes.

Oliver Knight / CoinDesk:
Report: Crypto.com backed out of a five-year sponsorship deal worth $495M with the UEFA Champions League due to regulatory concerns in the UK, France, and Italy  —  Regulatory concerns in Europe prompted the firm to scrap the deal.  —  Cryptocurrency exchange Crypto.com has backed …

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

Carly Wanna / Bloomberg:
Crypto.com’s 2022 World Cup sponsorship, a symbol of how aggressively crypto companies spent on ads to gain users, was largely overshadowed by FTX’s collapse  —  At Sunday’s World Cup championship final between France and Argentina, Crypto.com will have a highly coveted seat right on the sideline …

Alex Konrad / Forbes:
Adobe’s Figma retention package may be the biggest since Facebook bought WhatsApp in 2014, exceeding deal packages from Auth0, LinkedIn, Mobileye, and Slack  —  Figma’s cofounder and some employees are set to make billions more in a historic retention package following its acquisition by the software giant.