Petroleum Marketers Accuse Dangote Refinery of Selling Expensive Fuel in Nigeria
Nigerian petroleum marketers have raised serious concerns about the Dangote Refinery’s pricing strategy, alleging that the $20 billion facility was not intended to provide affordable petrol to Nigerians. In an
Canadian Probe Finds TikTok Failing to Adequately Protect Children’s Data
TikTok has been accused of failing to effectively prevent children under 13 from using its platform and of collecting sensitive personal data from young users, according to a new investigation
Anglo American Declines £31.1 Billion Takeover Offer from BHP
Anglo American has turned down a £31.1 billion takeover bid from rival miner BHP, dismissing it as "highly unattractive" and "opportunistic." BHP confirmed the proposal on Thursday, aiming to create
TikTok Brings in Text Posts to Rival Elon Musk’s X
TikTok, the popular video streaming platform, is venturing into uncharted territory by allowing users to post text-only content for the first time. In a direct challenge to Elon Musk's embattled
CVS Faces $250,000 Fine in Ohio for Pharmacy Understaffing, Jeopardizing Safety
Ohio state regulators have imposed a hefty $250,000 fine on a CVS store in Canton after investigations revealed significant understaffing issues, posing risks to patients' well-being. The fine follows a
Bud Light Boycott Costs Anheuser-Busch InBev Over $1 Billion in Lost Sales
Anheuser-Busch InBev, the world's largest brewer, faced a significant setback, potentially losing over $1.4 billion in sales due to a boycott following its brief collaboration with a transgender influencer to
Microsoft’s Iconic Halo Franchise Set to Debut on PlayStation for the First Time
In a historic shift for the gaming industry, Microsoft has announced that its flagship franchise Halo will make its debut on Sony’s PlayStation 5 next year - marking the first
US Pushes Europe to Ease Big Tech Rules in Exchange for Tariff Relief
The United States is urging the European Union to rethink its regulatory approach to major technology companies as negotiations continue over metal tariffs and broader trade terms between the two
Disney Agrees to Pay $43 Million to Settle Lawsuit Alleging it Paid Men More Than Women
Disney has agreed to a $43 million settlement in response to allegations that it paid female employees less than their male counterparts in comparable roles over nearly a decade. The
OpenAI CEO’s New Cryptocurrency Worldcoin Launched
Worldcoin (WLD), a revolutionary cryptocurrency project founded by Sam Altman, CEO of OpenAI, officially launched on Tuesday, introducing a unique concept that aims to transform the digital identification process. At
OpenAI Establishes Safety Board Amid Employee Concerns
In response to recent internal turmoil, OpenAI has announced the formation of a new committee tasked with advising the company’s board on safety and security measures related to artificial intelligence
Google’s Olympics Ad Went Viral for All the Wrong Reasons
Google's recent advertisement, aired during the Olympics, intended to showcase the capabilities of its AI chatbot Gemini, has sparked widespread criticism. The ad features a father explaining his young daughter's
AI Will Shrink Workforces Within Five Years, Say Company Execs
A recent global survey conducted by Swiss staffing firm Adecco Group, in collaboration with research firm Oxford Economics, highlights executives' expectations regarding the impact of artificial intelligence (AI) on employment
Zoom Unveils Version 6.0 with UI Revamp and Enhanced AI Companion Features
Zoom, the popular video conferencing platform, has launched its latest version, Zoom Workplace app, featuring a major overhaul of its user interface (UI) and introducing new AI companion capabilities. The
Farmers Insurance Lays Off 2,400 Employees in Restructuring
California-based Farmers Insurance announced on Monday that it is laying off 11% of its workforce, or 2,400 employees, in a bid to restructure itself for long-term growth. The jobs being
The Highest-Paid Female CEOs of Listed Nigerian Firms
The corporate landscape in Nigeria is witnessing a significant shift as women continue to rise to the top ranks of leadership in prominent companies. Breaking the long-held norm of male-dominated
PepsiCo Moves to Cut Snack Prices After Shoppers Push Back on Costs
PepsiCo has announced plans to reduce the prices of several of its best-known snack brands, including Doritos, Lay’s and Cheetos, in response to growing consumer frustration over rising food costs.
House Committee Advances Bill Paving the Way for Potential TikTok Ban
The House Energy and Commerce Committee has unanimously approved a bill that could result in a nationwide ban on TikTok, intensifying concerns among lawmakers about the popular social media platform's
McDonald’s Extends Popular $5 Value Meal Amid Rising Food Costs
McDonald’s has announced that its widely successful “$5 Meal Deal” will remain on menus at nearly all of its U.S. locations through August. This extension comes in response to the
Hyundai to Manufacture Electric Vehicles, Batteries in US; Plant Construction Begins in 2023
South Korean car manufacturer, Hyundai has revealed plans to build a $5.5 billion electric vehicle and battery plant in the southern US state of Georgia.This was disclosed by the Governor
