TikTok, the popular social media platform, has been slapped with a hefty €345 million ($368 million) fine by a major European tech regulator over allegations of insufficient measures to safeguard

Korean Air passengers embarking on upcoming flights may find an unexpected pre-boarding step – a brief weigh-in. However, this new policy isn't about body image; it's a measure to adhere

After more than six decades in operation, Rite Aid, once one of America’s largest pharmacy chains, has closed its final 89 stores, officially bringing an end to its 63-year history.

JetBlue Airways has introduced Venmo as a payment option for booking flights, marking a first in the airline industry. The announcement highlights JetBlue’s effort to enhance customer convenience and modernize

Starbucks has announced plans to phase out its mobile order and pickup-only stores, saying the format fails to deliver the sense of connection that defines the brand. The world’s largest

LG Electronics will officially end all software support for its smartphones on June 30, 2025, marking the final step in its exit from the mobile phone market. The South Korean

Walgreens is facing significant financial setbacks, with its stock plummeting by over 80% in the past five years, making it one of the worst-performing companies in that period. In response

Italian high-end luxury fashion designer, Gucci and  Finnish health technology company, Oura have entered into a partnership to create a Gucci x Oura Ring that costs $950.The ring weighs 4

Macy's, under new CEO Tony Spring's leadership, is set to close approximately 150 underperforming stores over the next three years, about 30% of its total fleet, to ensure its relevance

Tesla has temporarily halted deliveries of its Cybertruck due to concerns over loose trim pieces, marking yet another challenge for the electric pickup. Reports indicate that parts of the truck’s

Starbucks is facing a drop in sales as customers appear to be resisting the high costs of its popular iced coffees and lemonades. The coffee giant reported a 3% decrease

JPMorgan Chase is undergoing a round of layoffs, with approximately 500 employees being let go across the bank, as confirmed by a spokesperson to CNN. The layoffs, which were initially

Google has announced the building of dedicated Cloud Interconnect sites in Lagos, Johannesburg, Nairobi and Cape Town. The news, which came at the second Google for Africa event, is the

Multi-billionaire Elon Musk has sold another 22 million shares, worth around $3.58bn (£2.9bn), in the electric car maker Tesla. The shares were sold on the Monday, Tuesday and Wednesday this

In a move mirroring its streaming competitor Netflix, Disney has announced that it will crack down on password sharing across its streaming services, including Disney+, Hulu, and ESPN+. Subscribers received

A hotel chain is facing backlash after being accused of cancelling room reservations made by Oasis fans ahead of the band’s highly anticipated reunion tour in 2025. The allegations suggest

Shareholders of First Bank, Nigeria's oldest financial institution, are raising alarms over plans to execute a private placement valued at ₦350 billion. Many believe the move, spearheaded by Femi Otedola,

Ford has announced another SUV recall, this time impacting about 520,000 Ford Escape and Bronco Sport compacts in the United States. Potential cracks in the vehicles’ fuel line could cause

Qatari banker Sheikh Jassim has joined Ineos owner Sir Jim Ratcliffe in submitting a second bid to buy Manchester United. A representative for Sheikh Jassim said on Saturday they put

Nvidia (NVDA) has joined the elite group of companies with a market capitalization of $1 trillion, thanks to the surging demand for its AI chips. Only eight other companies worldwide