Tesla Price Cuts Boost Sales Despite Weak Economy
Tesla is gearing up for a challenging 2023, after cutting prices to spur demand. The electric car company, led by billionaire Elon Musk, reported record revenue and profits in the
Elon Musk’s Next Drama: A Trial Over His Tweets on Tesla
While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he did not. As reported
California Judge Rules Snapchat Must Face Lawsuit Over Alleged Children’s Fentanyl Purchases
A California state judge, Lawrence Riff, has ruled that Snap, the parent company of Snapchat, must confront a lawsuit filed by families whose children allegedly used the Snapchat app to
UK Company Sends Space-Based Factory With 1,000°C Furnace Into Orbit
A Cardiff-based technology company has taken a major step toward manufacturing materials in space after successfully sending a miniature factory into orbit and activating its high-temperature furnace. Space Forge confirmed
Spirit Airlines Secures Court Approval for $795 Million Debt Restructuring
Spirit Airlines has received court approval to move forward with a $795 million debt restructuring plan, allowing the budget carrier to convert debt into equity and transition into a privately
Apple’s 2025 MacBook Pro to Feature M5 Chip but No Redesign
Apple is expected to release a MacBook Pro powered by the M5 chip in fall 2025, but a major design overhaul will likely be postponed until late 2026, according to
Air Peace Reduces Nigeria-London Airfare by N600,000
Air Peace has announced a significant reduction in ticket prices for its Nigeria-London route, slashing fares by up to N600,000 as part of its latest promotional campaign. The airline’s Head
Canada Raises Proof of Funds for International Students, Nigerians Affected
In a recent development, the Canadian government has decided to increase the proof of funds required for international students, including Nigerians, seeking study permits. The adjustment will see the proof
Flutterwave CEO Highlights Fintech’s Role In UK–Nigeria Economic Talks
The Chief Executive Officer of Flutterwave, Olugbenga Agboola, has underscored the growing importance of financial technology in strengthening economic ties between Nigeria and the United Kingdom, following high-level engagements in
Hormone-Treated Beef Will Mot Enter UK After US Deal, Says Government
The UK government has moved to allay concerns about food safety following a new trade agreement with the United States that allows for an increase in tariff-free beef imports. Officials
TikTok Introduces Monthly Subscription For Ad-Free Experience In UK
TikTok has announced plans to introduce a paid subscription service in the United Kingdom that will allow users to enjoy the platform without advertisements. The new feature, known as TikTok
Elizabeth Holmes Pursues Long-Shot Appeal in Fraud Conviction
Elizabeth Holmes, the infamous former CEO of Theranos, is making a determined bid to overturn her 11-year prison sentence for defrauding investors. Holmes’ legal team is set to argue her
American TikTok Users Face Chinese-Style Censorship Challenges on RedNote
As TikTok faces potential bans in the United States, a wave of users has been migrating to Xiaohongshu, also known as RedNote, a Chinese social media platform. The influx of
Lagos-Calabar Highway Set to Drive Nigeria’s Economic Transformation
Nigeria’s ambitious Lagos-Calabar Coastal Highway, a 700-kilometre project led by Hitech Construction, is poised to revolutionise the country's economic landscape. By improving connectivity across key regions, this transformative infrastructure development
Volkswagen Struggles to Keep Pace in the Electric Car Race, Losing Ground to Tesla and Chinese Competitors
Volkswagen, once poised to lead the electric vehicle (EV) market, is facing significant challenges as it falls behind Tesla and emerging Chinese competitors. Initial ambitions to become the top manufacturer
Uncertainty Over Spirit Airlines Sparks Concerns About Rising Airfares
The future of Spirit Airlines is in question, raising fears that travelers across the United States could face higher ticket prices if the discount carrier shuts down or is acquired.
Washington Investigates Tesla’s ‘Elon Mode’ Autopilot
U.S. highway safety regulators are launching an investigation into a potentially hidden feature within Tesla's Autopilot software. This feature, informally referred to as "Elon mode," can reportedly disable the safety
Windows: Internet Explorer Dies at 26
Popular web browser, Internet Explorer also known as IE is dead and it's official. After about 27 years of operation, Microsoft has pulled the plug on the browser and finally
Disney Announces Price Hikes for Streaming Services Disney+, Hulu, and ESPN+
Disney has announced upcoming price increases for its streaming services Disney+, Hulu, and ESPN+. The new pricing will take effect on October 17, 2024, as the company navigates a challenging
GameStop Plans Mario Cosplay Record Attempt in New York
GameStop is planning a Mario-themed celebration in New York City as it attempts to break the world record for the largest gathering of people dressed as the iconic video game
