Ford’s EV Losses Climb But Overall Profits Rise
Ford Motor Company reported its second-quarter earnings, revealing that while its electric vehicle (EV) business is experiencing increasing losses, the company managed to exceed Wall Street expectations due to profits
Meta Stock Surges 14% After Announcing First-Ever Dividend and Strong Quarterly Earnings
Tech giant Meta experienced a substantial stock surge of over 14% in after-hours trading on Thursday following its robust quarterly earnings report, surpassing Wall Street expectations and marking a remarkable
Apple Rumored to Expand iPhone 16 Series with Five Models, Including iPhone 16 SE
As anticipation builds for Apple's next iPhone lineup, rumours suggest that the tech giant might unveil as many as five models in its upcoming iPhone 16 series, including two iPhone
Concerns Grow Over Public Visibility of Meta AI Searches
Meta is facing criticism after it emerged that some users of its AI chatbot tool may be unintentionally making their private queries publicly visible through a feature called the “Discover”
Walgreens Struggles Amid Growing Challenges in the Pharmacy Sector
Walgreens is facing significant financial setbacks, with its stock plummeting by over 80% in the past five years, making it one of the worst-performing companies in that period. In response
Google Employee Accused of Stealing AI Trade Secrets, Faces Federal Charges
A Google employee, Linwei Ding, also known as Leon Ding, has been charged with four counts of theft of trade secrets for allegedly stealing artificial intelligence (AI) technology from the
Meta Accused of Hiding Evidence of VR Risks to Children
Two former Meta researchers have accused the tech giant of covering up evidence of potential harm to children from its virtual reality (VR) platforms, sparking intense scrutiny during a U.S.
Jay-Z Acquires Vinicius Jr’s Agency
Roc Nation Sports International (RNSI), owned by American billionaire hip-hop mogul Jay-Z, has completed the acquisition of Brazilian football agency TFM Agency. The acquisition, we gathered, was part of RNSI’s
Under Armour Settles Lawsuit for $434 Million Over Sales Disclosures
Sportswear giant Under Armour has announced a settlement of $434 million to resolve a class-action lawsuit dating back to 2017, which accused the company of misleading shareholders about its revenue
Here’s Why it May be Harder to Find a Job Online
Recent data from online job platforms Indeed and LinkedIn is signalling a potential slowdown in the robust US labour market that has characterized the past few years. According to Nick
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
Tony Elumelu Foundation Launches Applications for 2025 Entrepreneurship Programs
The Tony Elumelu Foundation (TEF), a leading force in African entrepreneurship, has officially opened applications for its 2025 Entrepreneurship Programs. Entrepreneurs across the continent now have the opportunity to gain
Renault Will Slash Stake in Nissan as They Overhaul Their Alliance
Carmakers Renault and Nissan have agreed to restructure their longstanding partnership, with the French company whittling down its stake in the Japanese firm to 15%. As reported on CNN, under
TikTok Sued by 14 States Over Alleged Harm to Children’s Mental Health
A coalition of 14 state attorneys general has filed lawsuits against TikTok, accusing the popular social media platform of harming young people's mental health through its addictive features and content.
Burger King Follows McDonald’s in Cutting Tomatoes From its India Menu
The iconic tomato, a culinary staple in Indian cuisine, is facing scarcity on fast food menus as Burger King becomes the latest chain to grapple with the consequences of soaring
Microsoft’s Xbox Handheld Console Expected to Launch in 2026
Recent revelations suggest that Microsoft is gearing up to enter the handheld gaming market with the launch of its Xbox handheld console, slated for release in 2026. Initial plans for
Tech Giants Like Meta, Google to be Forced to Pay for Australian News
Australia has announced new regulations that will require major tech companies, including Meta and Google, to financially compensate Australian media outlets for news content shared on their platforms. The initiative,
Nigerian Government Secures N2.8 Billion Google Grant to Boost AI Talent Development
The Nigerian government has announced a significant partnership with Google, securing a N2.8 billion support grant to enhance Artificial Intelligence (AI) talent across the country. The grant was announced by
Publisher of Call of Duty, Maker of AR-15 Style Rifle and Meta Named in Wrongful Death Lawsuits by Families of Uvalde Victims
Families of Uvalde Victims File Wrongful Death Lawsuits Against Call of Duty Publisher, AR-15 Maker, and MetaThree major companies are facing wrongful death lawsuits linked to the 2022 Uvalde school
Iceland Offers £1 Reward to Shoppers Who Report Shoplifters
Supermarket chain Iceland has launched a new initiative that will see customers rewarded with £1 credit on their Bonus Card if they report shoplifting incidents in-store. The company’s executive chairman,
