Saudi Arabia and Russia announced Monday that they would make additional cuts to oil supply as a global economic slowdown hangs over the outlook for energy demand. "Saudi Arabia will

Hyundai Motor Group and LG Energy Solution have announced plans to increase their joint investment in a battery manufacturing plant located in Georgia by an additional $2 billion. This expansion

The United Kingdom has backed away from its demand that Apple create a backdoor to access encrypted data of users worldwide, according to the US director of national intelligence. In

Fashion powerhouse Balenciaga has officially severed ties with Kanye West following a series of anti-Semitic posts and other controversial comments from the rapper, according to a report from Women’s Wear

Two gambling companies - Kwiff and Betway - have had their advertisements banned in the United Kingdom after regulators ruled that the promotions could unduly appeal to children. The Advertising

European Union regulators have taken a significant step in their ongoing battle with Big Tech, accusing Apple of violating tough new digital competition regulations. The European Commission's preliminary findings, announced

Elon Musk has announced that X, the social media platform formerly known as Twitter, has been sold to his artificial intelligence company, xAI, for $45 billion. The transaction, revealed in

Stoli Group USA, the American division of the iconic vodka brand, has filed for Chapter 11 bankruptcy amidst challenges including declining demand, a significant cyberattack, and prolonged legal battles with

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

OpenAI has announced it will retain its nonprofit governance structure even as it moves forward with plans to reshape its for-profit subsidiary in order to attract new investment. The decision

The fortune of Bernard Arnault, the world’s richest person, has topped $200bn for the first time as shares in his French LVMH luxury goods empire hit a record high. The

In a significant shift in the global smartphone market, Samsung has dethroned Apple to emerge as the largest smartphone vendor, according to recent data from IDC. The change comes as

African payments technology company Flutterwave has announced a strategic partnership with the Tiwa Savage Music Foundation aimed at supporting and developing creative talent across the continent. The collaboration was unveiled

Meta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 13% of its workforce. As reported by BBC, the first mass lay-offs in the firm's history will

Amidst waves of layoffs and studio closures plaguing the gaming industry, there emerges a glimmer of hope. Toys for Bob, renowned for its acclaimed Spyro remake and latest Crash Bandicoot

Pepsi has launched a new challenge that would give fans the opportunity to win an all-expense paid trip to watch the UCL finals 2023 live. For the first time ever,

After a surprise decision by the UK’s Competition and Markets Authority (CMA) last week, the biggest acquisition in gaming history hangs in the balance. Microsoft’s $68.7 billion deal to acquire

In a significant development, Changpeng Zhao, the CEO of Binance, has stepped down and pleaded guilty to money laundering breaches in a deal that involves the cryptocurrency exchange paying over

New York City has launched a groundbreaking lawsuit against several major social media platforms, including TikTok, Instagram, Facebook, Snapchat, and YouTube, alleging that their platform designs exploit the mental health

Apple announced new software for its iPhone, iPad, Mac, Apple Watch at WWDC on Monday, June 5, alongside a new MacBook Air and Apple Vision Pro, its pricey but exciting