First Republic Bank Teeters on the Brink of Collapse
First Republic Bank (FRC) is teetering on the brink of collapse as shares fell to new all-time lows on reports the federal government and the nation’s biggest banks are reluctant
Brazilian Judge Orders Mining Giants to Pay $9.7 Billion for Dam Disaster
A federal judge in Brazil has issued a landmark ruling, instructing mining giants BHP, Vale, and their Samarco joint venture to pay 47.6 billion reais ($9.67 billion) in damages for
Kanye West Escorted Out of Skechers Office After Showing Up Uninvited
Executives at Skechers escorted Kanye West out of the company’s corporate offices in Los Angeles, after the rapper and fashion designer showed up “unannounced and without invitation,” as reported by
Trump-Branded Smartphone Faces Scrutiny Over Manufacturing Claims and Ethics Concerns
The Trump Organization’s latest business venture - a $499 gold-coloured smartphone branded with Donald Trump’s name - has drawn criticism from tech experts and ethics watchdogs, particularly over its claim
OpenAI Launches GPT-5, Promises ‘PhD-Level’ Expertise in New ChatGPT Update
OpenAI has unveiled GPT-5, the newest version of the artificial intelligence model powering ChatGPT, claiming it delivers performance equivalent to a PhD-level expert across various disciplines, including writing and coding.
Warren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of Coke a Day
Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of
Adidas Investigates Alleged Large-Scale Bribery Among Senior Staff in China
International sportswear giant Adidas is investigating allegations of large-scale bribery involving senior staff members in China, as reported by the Financial Times (FT). The inquiry follows a whistleblower complaint received
Sam Bankman-Fried is Going to Jail
In a significant turn of events, a federal judge has made the decision to revoke the bail granted to Sam Bankman-Fried, co-founder of FTX cryptocurrency exchange, citing allegations of witness
Texas Company Identified as Source of AI-generated Deepfake Biden Robocalls
New Hampshire's Department of Justice announced that it has uncovered the source behind the fraudulent Biden AI robocalls that targeted residents last month. The investigation led to Life Corporation, a
Tinder CEO Renate Nyborg to Leave Dating App After One Year
Tinder chief executive Renate Nyborg is leaving the firm less than a year after becoming the boss of the dating app. Her exit was one of a number of management
Nike Unveils Spooky “Halloween” Edition of Ja Morant’s Ja 3 Sneakers
Just weeks ahead of its official retail debut, Nike has unveiled a chilling new colorway of Ja Morant’s third signature sneaker - the Ja 3 “Halloween”. Dressed in an eye-catching
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
Real Madrid Manager Carlo Ancelotti Faces Potential Jail Time for Tax Evasion
Carlo Ancelotti, the current manager of Real Madrid, is facing potential legal troubles that could result in a five-year prison sentence for alleged tax evasion during his earlier tenure with
Outback is No Longer America’s King of Steaks
Once a dominant force in casual dining, Outback Steakhouse is losing its grip as the go-to destination for steak lovers in the U.S. Texas Roadhouse and LongHorn Steakhouse have now
iPhone Maker Foxconn to Build Electric Vehicles for Mitsubishi Motors
Foxconn, the Taiwanese tech giant best known for manufacturing Apple’s iPhones, has unveiled plans to build electric vehicles (EVs) for Japanese automaker Mitsubishi Motors in a new push into the
Google Parent Alphabet to Cut 12,000 Jobs, Citing ‘Economic Reality’ in Latest Big Tech Layoffs
Google parent Alphabet Inc. is cutting 12,000 jobs worldwide in the latest round of layoffs to hit the technology sector. As reported by NBC News, CEO Sundar Pichai announced the
Netflix Sees Surge in Sign-Ups Amid Password Crackdown
Netflix experienced a significant surge in new subscriptions at the end of last year, driven by the company's efforts to crack down on password-sharing. The streaming giant added over 13.1
Boeing to Avoid Criminal Trial in U.S. Deal Over Fatal 737 Max Crashes
Boeing will not face a criminal trial over the two deadly crashes involving its 737 Max aircraft, under a proposed agreement with the U.S. Department of Justice (DOJ) that will
5 Huge Challenges Facing Apple this Year
As Apple navigates through the early weeks of 2024, a series of formidable challenges loom on the horizon, casting shadows on the tech giant's path. From sales struggles in China
Microsoft Launches Pegasus Program For Startups, Awarding Up to $350,000 in Credits
Microsoft has announced a new incubator program, the Pegasus Program, to extend the resources available through its existing self-service platform for founders, the Startup Founders Hub. The Pegasus Program aims
