Ford Just Reported a Massive Loss on Every Electric Vehicle it Sold
Ford's foray into the electric vehicle market has hit a stumbling block, with the company's electric vehicle unit reporting staggering losses in the first quarter, underscoring the challenges facing traditional
Microsoft’s Satya Nadella Named CNN Business CEO of the Year
In a year dominated by advancements in artificial intelligence, Microsoft's CEO Satya Nadella has been recognized as CNN Business' CEO of the Year for 2023. Nadella's strategic multi-billion dollar investment
MTN Records Over 9,200 Fibre Cuts In 2025, CEO Reveals
MTN Nigeria has disclosed that its network experienced 9,218 fibre cuts in 2025, drawing renewed attention to the ongoing fragility of the country’s telecommunications infrastructure. The disclosure was made by
Trump Pauses TikTok Ban as China Tariffs Shake Up Negotiations
TikTok's fate in the United States remains uncertain - but not sealed - as former President Donald Trump announced a fresh 75-day extension of the enforcement deadline on the app’s
Dangote Refinery Raises Alarm Over Alleged Sale of Substandard Fuel by Nearby Company
Dangote Refinery has raised concerns over a nearby facility allegedly involved in the blending and sale of substandard petroleum products in Nigeria. The company claims that an international trading firm
Disney’s Iconic Early Mickey Mouse Set to Enter Public Domain on January 1
As the New Year approaches, a significant milestone is on the horizon for Disney enthusiasts and copyright aficionados alike. On January 1, 2024, an early iteration of Disney's beloved character,
Government Orders Investigation Into DMGT’s £500m Telegraph Takeover
The UK government has launched a formal investigation into the proposed £500 million acquisition of the Telegraph Media Group by Daily Mail and General Trust (DMGT), citing concerns over media
Microsoft to Shut Down Skype After Two Decades
Microsoft has announced that it will be shutting down Skype, the once-dominant internet-based calling and video service, after more than 20 years in operation. In a statement shared on X,
Chevron Earnings Soar to a Record
Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. As reported on CNN, adjusted earnings for the year more than doubled from the $15.6 billion
PenCom Removes Pre-Approval Requirement to Speed Up Pension Payments
The National Pension Commission (PenCom) has introduced a new policy aimed at accelerating the payment of benefits to Retirement Savings Account (RSA) holders, eliminating the need for prior approval before
PepsiCo Q2 2022 Earnings Beat Wall Street Estimates
PepsiCo has raised its revenue outlook for the year, as inflation pushed up prices and people paid more for its Doritos chips and Gatorade drinks as it deploys price hikes,
adidas Unveils Wonder Runner Pro as a Game-Changing Addition to Its 2024 Footwear Lineup
In a bold move, adidas took a swing at rival Nike during the acceptance of the Shoe Of The Year award by its CEO from Footwear News, hinting at an
Sony Hikes PlayStation 5 Prices in Australia, New Zealand and EMEA Amid Tariff and Inflation Pressures
Sony Interactive Entertainment (SIE) has announced a price increase for the PlayStation 5 in several global markets, including Europe, the Middle East and Africa (EMEA), as well as Australia and
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
Keurig Dr Pepper Strikes $18.4bn Deal for JDE Peet’s in Major Coffee Merger
Keurig Dr Pepper (KDP) has agreed to acquire Dutch coffee company JDE Peet’s in a €15.7 billion ($18.4 billion; £13.6 billion) deal, marking the biggest European takeover in more than
Melinda French Gates Explains Departure from Gates Foundation and Announces New Philanthropic Focus
Melinda French Gates, renowned philanthropist and co-founder of the Bill & Melinda Gates Foundation, has revealed her motivations for resigning from the foundation and detailed her future philanthropic plans. In
How the Warner Bros Deal Could Reshape Media
Hollywood has seen no shortage of mergers, but the proposed takeover of Warner Bros by Paramount Skydance stands out for the scale of its potential impact. If approved by regulators,
Government Planning Youth Vaping Crackdown
Associate Health Minister Ayesha Verrall has revealed that the Ministry of Health is now seeking public feedback on the proposed regulations in response to rising youth vaping rates as reported
Volkswagen Reboots its Groovy 60s-Era VW Bus – This Time it’s Faster, Roomier and Electric
It appears that there is a growing demand for car seats in the United States. In response, Volkswagen introduced the ID. Buzz, an electric van with a retro design, last
Uber and Lyft Plan UK Trials of Chinese Robotaxis in 2026
Ride-hailing firms Uber and Lyft have announced plans to trial autonomous taxis developed by Chinese technology company Baidu on UK roads from 2026, pending regulatory approval. Both companies said they
