Olympic giant Michael Phelps takes aim at Silicon Valley

Olympic swimming star Michael Phelps has done all he can do in the swimming world, and now he’s looking to dive into a bigger pool — the world of tech. “I would love to get involved, whether it’s in a couple little startups here and there, take a little risk, have some fun and see where it goes,” Phelps said on APNews during an interview at the the San Jose Intuit QuickBooks conference.

In case you don’t know the details of Phelps’ mighty career — the numbers are staggering. A total of 28 medals, of which 23 were gold, spread over 5 Olympic games.

Phelps has some cash to invest. He has his own line of swimwear and has endorsement deals with Under Armour, Omega, Visa, Wheaties (of course), and most recently Intel. The AP story notes he’s made some $75 million during his career, which far outstrips the $1.65 million from the United States Olympic Committee and Speedo.

Phelps also has a foundation that teaches water safety, gets kids into swimming, and provides financial assistance to athletes. “More and more what we see athletes do is craft their legacy with brands long before they retire,” Elizabeth Lindsey, a marketing expert at Wasserman, said on CNN. “Phelps has done that with his foundation and by being more of a mentor. That sets a tone that could be a platform into retirement.”

Phelps is also no stranger to controversy, though. He was involved in a bong smoking incident in 2009, and had a DUI arrest 2 years ago.

AP also mentions that athletes getting into tech get mixed results — pretty much like us normal people, except on a much larger scale. On the upside, for example, Dr. Dre was part of a founding group that sold Beats to Apple for $3 billion. Actor Ashton Kutcher co-founded an investment fund in 2010 that got in on Uber, Airbnb, and Spotify. The fund value has grown from $30 million to $250 million according to a review by Forbes magazine earlier this year.

On the downside, HJR Capital was a tech investment firm that went under in 2009, 10 years after former 49ers lineman Harris Barton founded it and got Joe Montana and Ronnie Lott to join in. Former Red Sox ace Curt Schilling started a video game company that went under in 2012. The article adds that he won’t be going the VC route like recently retired Lakers star Kobe Bryant (at least not yet).

It takes determination and a lot of long-term effort to achieve the type of pool success Phelps has had, so you wouldn’t necessarily want to bet against him. No doubt he will have a capable team around him when he makes his big move. On APNews, he says “I am getting my feet wet. 2017 will be a big year.”

Cars

Head Tesla engineer leaves for Apple to possibly reboot self-driving car

Apple's self-driving car project could get the reboot as a former chief engineer for Tesla Motors left the company to go back to Apple. Doug Field, who worked at Tesla from 2013 until last month, will go back to Apple.
Deals

The Beats Solo3 wireless headphones are on sale from Walmart for $150 off

If you've been eyeballing a pair of Beats headphones and trying to sniff out a deal, then you're in luck. Walmart just slashed the price of the Beats Solo3 wireless headphones to just $150, bringing it down to about half of its retail cost.
Deals

Are flat pillows a pain in your neck? Here are the best pillows for side-sleepers

If you've tried doubling up on pillows or buying larger ones to no avail, then it might just be time for a new pillow – one made for sleeping on your side. We've rounded up the best pillows for side sleepers that give neck and head…
Home Theater

Still wondering why you should buy a smart TV? Here's what you should consider

If you've been living under a rock, you might wonder: What is a smart TV, anyway? Lucky for you stone-dwellers, we've put together a quick-hit guide to teach you everything you need to know about televisions with big brains.
Photography

Here's a few tips to getting the best camera gear on Prime Day

Not all sales on cameras, lenses, and other gear is worth it. But, if you do your research and shop wisely, you might just be able to snag a camera, lens, or accessory you've been hoping to pick up.
Cars

NYC just dealt a major blow to Uber and Lyft

New York City regulators placed a cap on operational licenses it grants for Uber and Lyft drivers. The city says it's an attempt to try and save the city’s integral Yellow Cab system after several cab drivers committed suicide.
Movies & TV

MoviePass forces customers to choose between only two movies

After recently announcing a new model that is set go into effect in September, it was revealed that MoviePass has now started to force its customers to choose between only two movies.
Computing

Lenovo’s new mobile workstations pack a punch with Xeon CPUs, Quadro graphics

Lenovo has two new mobile workstations arriving at the end of August based on eighth-gen Intel Core and Xeon processors. The ThinkPad P1 is the thinnest of the two at 0.7 inches while the bigger ThinkPad P72 measures 1 inch.
Mobile

Bloatware could be putting millions of Android devices at risk

A study has revealed that changes to Android's firmware and added bloatware from carriers could be making millions of Android smartphones vulnerable to massive hacks and potential data theft.
Computing

Pricing and lack of content are still barriers against the adoption of VR

A recent survey questioned 595 VR and AR professionals about business growth in the consumer and enterprise markets. Only 24 percent report strong sales in the enterprise while 18 percent show strong sales in the consumer market.
Computing

Nvidia introduces its eighth-generation ‘Turing’ design, but not in gaming cards

Nvidia revealed its new graphics chip design called “Turing” during SIGGRAPH 2018. Rumored to be the foundation of Nvidia’s next family of GeForce cards, the company instead showcased Turing in Quadro RTX-branded cards for pros.
Movies & TV

MoviePass re-enrolls customers, while Costco offers refunds

MoviePass is reportedly re-enrolling users who had recently canceled the service, giving them an error message when they try to jump ship again. This comes as part of the launch of a new plan from the struggling company.
Photography

Brother’s new laser printers spit out prints with just a tap thanks to NFC

Seven new color laser printers carry the Brother name, as well as new features like NFC to easily print from mobile. The lineup sits between $200 and $400, and boasts faster print speeds and an updated design.
Social Media

New deal suggests Facebook is looking to add sweet interactive tools for Live

Facebook now owns a company that specializes in creating interactive live video experiences with polls, viewer comments, and more. Vidpresso says the change will help it bring the interactive tools to more users.