Apple Gains Approval for Watch Redesign to Circumvent Ban But Sacrifices Something Else
In a strategic move to counter the US court-imposed Apple Watch ban, Apple has secured approval for a redesign that eliminates the pulse oximeter function from its smartwatches. This feature,
X to Auction Off Old Twitter Items, From Desk Chairs to Painting of Ellen DeGeneres’ Oscar Selfie
In a move that further solidifies the rebranding of Twitter as X, owner Elon Musk has orchestrated a colossal garage sale to cleanse the company's headquarters of vestiges from its
Saudi Investment Fund to Acquire 10% Stake in Heathrow Airport
Saudi Arabia's Public Investment Fund (PIF) has reached an agreement to purchase a 10% stake in Heathrow Airport from Spanish infrastructure company Ferrovial. Additionally, France-based private equity fund Ardian will
Uber to Discontinue Drizly Alcohol Delivery App in Strategic Shift Towards Uber Eats
Ride-hailing giant Uber has announced the closure of its alcohol delivery app, Drizly, just three years after its acquisition for $1.1 billion. The move is part of Uber's strategic consolidation,
Starbucks Korea to Close Stores for Staff Training After Promotional Campaign Sparks Backlash
Starbucks Korea has announced plans to temporarily shut all of its outlets nationwide next week to allow employees participate in special training following public criticism over a promotional campaign linked
Rising Food and Energy Prices Drives Inflation in Germany to a Record High
The inflation rate in Germany hit 7.4% year-on-year in April, up from 7.3% in March, official data showed on Wednesday."The inflation rate thus reached an all-time high for the second
McDonald’s Has Temporarily Stopped Selling Espresso Drinks at Some US Locations
McDonald’s has temporarily halted the sale of espresso-based drinks at certain U.S. locations following a safety issue with its espresso machines. The machines, which are used to make popular McCafé
adidas AG Faces Investor Concerns as Price-to-Sales Ratio Raises Red Flags
In the world of German luxury companies, where nearly half boast price-to-sales ratios (P/S) below 0.8x, adidas AG (ETR:ADS) is standing out with a 1.5x P/S ratio, prompting some investors
PlayStation Announces New State Of Play Event For June 2
Sony has officially confirmed that a new PlayStation State of Play presentation will take place on June 2, 2026, giving fans another major showcase of upcoming PlayStation 5 titles. The
‘Fortnite’ Maker Epic Games to Pay $520 Million in Record-Breaking FTC Settlement
Epic Games, maker of the hit video game “Fortnite,” has agreed to pay a total of $520 million to settle US government allegations that it misled millions of players, including
YouTube Opens Door for Previously Banned Users to Return Under New Content Rules
YouTube has begun reinstating some previously banned users, allowing them to create new accounts and even re-upload videos that were once flagged under now-defunct content policies. The move follows a
Disney CFO Christine McCarthy Steps Down
Disney's Chief Financial Officer (CFO), Christine McCarthy has stepped down from her position and taking a family medical leave of absence. Effective July 1, Kevin Lansberry, currently the CFO of
Jersey Mike’s Subs Valued at $8 Billion After Major Investment from Blackstone
Jersey Mike’s Subs has reached a significant milestone, with its valuation soaring to $8 billion following a major investment from private equity powerhouse Blackstone. This move marks the end of
Class Action Lawsuit Claims RTX Corporation Discriminates Against Older Job Seekers
A class action lawsuit filed on Tuesday alleges that RTX Corporation, previously known as Raytheon Technologies, has been discriminating against job seekers aged 40 and above. The lawsuit, submitted by
Jeff Bezos Says He Will Give Most of His Money to Charity
Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime as reported by CNN. In an exclusive interview with CNN, he
Shein Intensifies Legal Battle Against Temu with New Copyright Lawsuit
The ongoing legal feud between fast-fashion giants Shein and Temu has escalated, as Shein has filed a fresh lawsuit against its rival, accusing the China-founded shopping platform of copyright infringement,
Disgraced Crypto Mogul Sam Bankman-Fried Spared Second Trial, Faces Sentencing in March
In a recent development, US prosecutors have informed a New York federal court that they will not pursue a second trial against Sam Bankman-Fried, the fallen founder of crypto exchange
Pepsi Acknowledges CM Punk’s Tattoo Tribute in Viral Social Media Moment
CM Punk’s iconic Pepsi tattoo has long been a defining part of his image - and now, the soft drink giant is tipping its hat to the wrestling legend. Pepsi’s
FIFA Introduces £45 Entry-Level Tickets for 2026 World Cup After Fan Backlash
FIFA has announced the introduction of a new £45 ($60) ticket category for the 2026 World Cup, following widespread criticism of the tournament’s original pricing structure. World football’s governing body
Lamborghini Rules Out More Modernized Classics, Vintage Recreations
If you had your heart set on Lamborghini letting loose and producing a follow-up to the modern, Aventador-based Countach, then you probably won’t like this news. Speaking to Motor1.com at
