HSBC has announced that its Chief Financial Officer, Georges Elhedery, will take over as CEO, making him the bank’s third chief executive in less than eight years. Elhedery, a 50-year-old

Tech mogul Elon Musk has initiated legal action against OpenAI and its CEO Sam Altman, alleging a breach of contract. Musk, who co-founded OpenAI in 2015, contends that the organization

Pernod Ricard, one of the world's largest alcohol producers, is selling the majority of its wine brands as global wine consumption continues to decline. The French conglomerate, which owns renowned

Sony is looking to expand the reach of its PlayStation titles beyond its own consoles, according to a new job listing for a senior director of multiplatform and account management.

Brazil's Supreme Court has issued a stern ultimatum to the social media platform X, formerly known as Twitter, threatening to suspend its operations in the country unless Elon Musk appoints

DHL has announced the immediate resumption of international business-to-consumer (B2C) shipments valued over $800 to the United States, following a brief suspension triggered by changing U.S. customs regulations. Earlier in

American billionaire and businessman, Elon Musk's chances of winning the lawsuit filed against him by Twitter appears to have taken a precarious position with the appointment of the judge in

The European Union has initiated investigations into tech giants Apple, Google, and Meta, the parent company of Facebook, over suspicions of non-compliance with the newly implemented Digital Markets Act (DMA),

Just hours after Meta CEO Mark Zuckerberg announced the company’s decision to eliminate its U.S.-based fact-checking program, a new crisis ignited - literally. The hills above Los Angeles began to

Cost-conscious streamers will be able to watch Netflix at a lower price starting this November. The catch? Users will have to endure ads, as reported by Today. The streaming giant

IBM has become the latest Western company to scale back operations in China, with reports indicating that the tech giant is cutting over 1,000 jobs in the country. This move

World Wrestling Entertainment has been sold to Endeavor Group, the parent company of competitor UFC, to form a new publicly traded company. The newly combined company has a value of

Reebok is continuing its push into golf with a stylish new collaboration that officially launched this week. Teaming up with British golf lifestyle brand MANORS, Reebok has introduced a fresh

Google DeepMind has introduced Veo 2, its latest AI video generation model, just days after OpenAI’s widely discussed Sora made headlines. The unveiling marks Google’s determined push to take the

Disney has pulled its popular channels, including ABC, ESPN, and several others, from DirecTV after the two companies failed to renew their distribution agreement. The blackout, which affects over 11

Macau - the world's most famous gambling destination - is branching into new territory with the opening of what is being called the world’s first “resort hospital.” The new facility,

Nike has officially revealed the Ja 3, the latest signature sneaker for NBA star Ja Morant, marking the third instalment in his ongoing collaboration with Nike Basketball. The shoe made

Dame Dash has claimed his fellow Roc-A-Fella Records cofounder Jay-Z made him a lowball offer to buy his shares in the record label, prior to the rapper's lawsuit against him.

Shares of Lululemon tumbled more than 15% in extended trading on Thursday after the Canadian athletic apparel brand slashed its sales forecast, citing the heavy financial toll of U.S. tariffs

OpenAI, a prominent figure in artificial intelligence, has announced the launch of Sora, a new AI model capable of generating "realistic" and "imaginative" 60-second videos from brief text prompts. According