Aircraft Lessor SMBC Aviation Nears $7 Billion Deal For Rival Goshawk, Sources Say
SMBC Aviation Capital, one of the world's biggest aircraft lessors, is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt, people familiar with the matter
‘Air’ Will Tell the Story of How Nike Landed the Michael Jordan Deal
One of the greatest tales of marketing and sponsorships is perhaps the legendary partnership between Nike and Michael Jordan. In 1984, Jordan was a rookie on his way to the
Google and Samsung Team Up to Challenge Apple and Meta with Mixed-Reality Headset
Tech giants Google and Samsung have announced plans to release a mixed-reality headset, marking a significant push to rival Apple’s Vision Pro and Meta’s Quest 3 in the expanding wearable
Taiwan Blocks Chinese App RedNote for One Year Amid Rising Fraud Cases
Taiwan has announced a one-year ban on access to RedNote - also known as Xiaohongshu - following a surge in online shopping scams linked to the Chinese social media platform.
US Regulators Investigate Tesla After Reports of Children Trapped in Model Y Vehicles
U.S. safety regulators have launched an investigation into Tesla’s 2021 Model Y after receiving reports that malfunctioning electric door handles left children trapped inside the vehicles. The National Highway Traffic
EU Approves Microsoft’s Deal to Buy Activision Blizzard
European regulators have given their approval for Microsoft's $69 billion acquisition of Activision Blizzard, a significant win for the technology giant. While concerns about potential competition issues were raised, Microsoft's
Nvidia Faces $5.5 Billion Loss as U.S. Tightens AI Chip Export Restrictions to China
Nvidia is bracing for a $5.5 billion hit following new U.S. government restrictions that block the export of its H20 artificial intelligence chips to China - a major development in
Sanex Shower Gel Advert Banned Over Concerns of Racial Stereotyping
A television advert for Sanex shower gel has been pulled from broadcast after the UK’s advertising watchdog ruled it reinforced harmful racial stereotypes. The Advertising Standards Authority (ASA) found that
Oracle Commits $40 Billion to Power Massive Nvidia-Backed AI Data Center in Texas
Oracle has pledged a staggering $40 billion to purchase Nvidia’s cutting-edge chips as part of a landmark effort to build one of the world’s largest data centers in Abilene, Texas.
Netflix Announces Price Hike on Premium Plan in the US
In a move that may not sit well with subscribers, Netflix has decided to raise its prices once again. This price hike is expected to impact its premium ad-free plan
Elon Musk, X Settle $500m Dispute with Former Twitter Employees
Elon Musk's social media company, X, has reached a tentative settlement with thousands of former employees who accused the firm of withholding severance benefits following mass layoffs. In a joint
Kanye West Yeezy Sneaker Sales Continue to Bring Adidas Huge Revenue
Adidas' decision to resume selling Kanye West's Yeezy shoes has proven to be a wise move, as the sportswear giant disclosed its preliminary earnings for the third quarter of 2023,
Moët & Chandon Unveils Création No. 1 to Mark 280th Anniversary in Collaboration with Artist Daniel Arsham
Moët & Chandon, the renowned champagne house, is celebrating its 280th anniversary with the launch of a new cuvée, Création No. 1, as part of the Collection Impériale line. The
Video Tour: The Most Luxurious Home in Banana Island Lagos | Lucrezia by Sujimoto (Watch)
In this video, Steven Ndukwu takes us on a tour of the most luxurious and expensive Home in Banana Island, Lucrezia by Sujimoto, which is located in Ikoyi, Lagos, Nigeria.
Disney+ Faces Surge in Cancellations Following Jimmy Kimmel Suspension
Disney+ and Hulu experienced a sharp rise in subscription cancellations in September, following the temporary suspension of late-night host Jimmy Kimmel, new data shows. According to analytics firm Antenna, Disney+'s
AstraZeneca Halts £200m Cambridge Expansion Amid Growing Pressure on UK Pharma Sector
AstraZeneca has paused its planned £200 million investment to expand its Cambridge research site, dealing another setback to the UK’s pharmaceutical industry just days after US rival Merck scrapped a
Microsoft’s AI Ad Play
Microsoft is exploring the use of its AI capabilities to enhance its advertising business. The company has filed a patent for a machine learning model that incorporates "incrementality estimation" to
Google AI Under Fire for Bizarre Search Suggestions
Google's experimental artificial intelligence (AI) search feature, known as "AI Overviews," is attracting widespread criticism after providing some users with bizarre and inaccurate advice. One user searching for tips on
OpenAI Shuts Down Sora Video App, Ends Disney Partnership
OpenAI has discontinued its AI video-generation platform Sora, less than two years after its high-profile launch, as the company shifts focus to other areas of artificial intelligence. The move also
OpenAI Fires CEO Sam Altman Amidst Integrity Concerns
OpenAI, the groundbreaking company responsible for the viral chatbot ChatGPT, shocked the AI industry by firing its CEO and founder, Sam Altman, on Friday. The decision, fueled by an internal
