Former Goldman Sachs Analyst Receives 28-Month Prison Term for Insider Trading
A former analyst at Goldman Sachs and Blackstone, Anthony Viggiano, has been sentenced to 28 months in prison for his involvement in an insider trading scheme described as "catastrophically stupid."
Washington Post Staff Urge Jeff Bezos to Intervene Amid Concerns Over Leadership and Direction
More than 400 Washington Post staff members have sent a letter to owner Jeff Bezos, raising concerns about the newspaper’s current leadership and its future. The letter, signed by prominent
Dior Appoints BTS Star Jimin as a Global Brand Ambassador
Dior has named BTS star Jimin as a global brand ambassador, a move that further signals South Korea's growing importance to the world's biggest luxury fashion houses. Announcing the partnership
Microsoft Reaffirms Commitment to Xbox Hardware Amid Retail Exit Rumors
Microsoft has dismissed growing speculation that it plans to abandon its Xbox hardware business, following reports that major U.S. retailers Walmart and Target were scaling back or removing Xbox products
Nike Zoom GT Cut 3 Turbo Channels Bruce Lee with Striking Yellow and Black Colorway
Nike is adding a bold new look to its Zoom GT Cut 3 Turbo lineup with a University Gold and Black edition, drawing clear inspiration from the legendary Bruce Lee
Wales Bonner Collaborates with Adidas on New Samba Millennium Sneaker Capsule
Renowned fashion designer Wales Bonner is teaming up once again with Adidas to introduce a fresh iteration of the iconic Samba sneaker, set to debut later this month as part
Meta Lay-Offs: Facebook Owner to Cut 10,000 Staff
Meta, which owns Facebook, Instagram and WhatsApp, has announced plans to cut 10,000 jobs. As reported on BBC, this marks the second wave of mass redundancies from the tech giant,
Jury Awards Apple $250 in Patent Dispute Against Masimo Over Smartwatch Design
A federal jury in Delaware awarded Apple $250 in damages after finding that Masimo, a health-monitoring tech firm, infringed on two of Apple's design patents with its W1 and Freedom
Nike Suffers Historic Decline, Erasing $28 Billion in Market Value
Nike, the global sportswear giant, has encountered a staggering downturn in its stock value, marking its most significant setback since its 1980 initial public offering. On June 28, 2024, in
Microsoft’s Activision Blizzard Acquisition Nears Approval in the UK After Proposed Amendments
Microsoft's multibillion-dollar acquisition of Activision Blizzard has moved a step closer to approval in the UK as regulators signal that an amended version of the deal could resolve their concerns.
Hong Kong Halts Postal Services to the U.S. Amid Escalating Tariff Dispute
Hong Kong has announced the suspension of its postal services to and from the United States, in a sharp response to new tariff measures introduced by former U.S. President Donald
UK Prepares for EU’s New Biometric Border Rules Amid Concerns of Travel Delays
As the European Union's new Entry/Exit System (EES) approaches its October launch, major UK border points are ramping up preparations to avoid potential chaos. The EES will require non-EU nationals,
Google Removes Spyware-Infested Apps from Play Store Amid Security Concerns
Google has confirmed the removal of multiple malicious apps from its Play Store after cybersecurity researchers uncovered a new spyware campaign linked to North Korean hackers. The latest threat, identified
Tom Holland’s Non-Alcoholic Beer Brand, Bero, Launches at Target Amid Growing Sobriety Trend
Target is embracing the growing demand for non-alcoholic beverages by introducing Tom Holland’s non-alcoholic beer brand, Bero, in approximately 1,400 of its US stores. The brand, which launched in October
Disney Settles With Former Marvel Exec Victoria Alonso Over Sudden Firing
The Walt Disney Company has settled with former Marvel Studios VFX chief Victoria Alonso after pink-slipping her last month. While details between Alonso and Disney are confidential, there was a
Jordan Luka .77 Set for Holiday 2025 Release in ‘Shattered Backboard’ Colors
Jordan Brand is gearing up for the Holiday 2025 season with a new edition of Luka Dončić’s signature sneaker, the Jordan Luka .77, dressed in a color scheme reminiscent of
Reekado Banks Ventures into Real Estate with Acquisition of 16-Unit Property
Nigerian music sensation Reekado Banks, renowned for his chart-topping hits and accolades, including the prestigious Headies' Next Rated award, has made a significant foray into the real estate sector. Reports
Klarna’s Wall Street Debut Hits $19 Billion Valuation
Swedish buy-now, pay-later giant Klarna has made a strong debut on Wall Street, with its shares surging on the first day of trading to give the company a market value
Pirates Attack Danish Ship in Gulf of Guinea, Kidnap Crew
An oil and chemical tanker hijacked in the Gulf of Guinea has been located off the coast of Sao Tome and Principe, but part of the crew has been kidnapped,
Toyota Received a Tesla Shock When Model Y Outsold Corolla: Report
Toyota, known for pioneering lean car manufacturing, now faces the challenge of catching up to electric vehicle leaders like Tesla, which has found success in producing EVs efficiently and profitably.
