Starbucks Faces Allegations of Exploiting Dark Patterns in Its App, Accumulating Nearly $900 Million
In a surprising turn of events, coffee giant Starbucks is now under scrutiny for allegedly employing dark patterns in its mobile application, a tactic that consumer advocates claim has contributed
OpenAI Secures $40 Billion to Advance AI Research
OpenAI, the company behind ChatGPT, has raised $40 billion in fresh funding to accelerate artificial intelligence research, expand its computing infrastructure, and enhance its technology offerings. Announcing the investment in
Is Coca-Cola a Smart Stock to Buy Before the End of 2023?
As the year concludes, investors are contemplating their investment strategies for 2023, seeking a balance between stability and returns. While the iconic beverage giant Coca-Cola (KO) offers a renowned brand
Nigeria Customs Service Surpasses N5 Trillion Revenue Target for 2024
The Nigeria Customs Service (NCS) has reached its 2024 revenue target of N5.07 trillion, marking a milestone in the agency's financial achievements. Comptroller General of Customs, Bashir Adeniyi, announced the
Champagne Sales Lose Fizz in 2023 After Covid-Era Peak
Champagne sales have experienced a downturn in 2023, stepping back from the record-breaking heights achieved in the Covid-19 era. The Comité Champagne, representing over 16,000 winegrowers and 320 Champagne houses,
Nvidia Becomes First Company to Briefly Hit $4 Trillion Market Value, Surpassing Apple and Microsoft
Nvidia has made history by briefly becoming the world’s first publicly traded company to reach a $4 trillion market value, marking a new milestone in the ongoing artificial intelligence boom
Elon Musk’s X Corp. Sues California AG Over Content Moderation Law
Elon Musk's X Corp, the parent company of the platform previously known as Twitter, has filed a lawsuit against California's Attorney General over the state's new content moderation law. The
Jennifer Lopez Launches Her Own Cocktail Brand
Jennifer Lopez has launched her new low-calorie alcohol line called Delola. The famous singer and entrepreneur took to social media to post a video promoting her new product. According to
MacKenzie Scott Donates $7.1 Billion to Nonprofits in 2025, Marking Sharp Rise in Annual Giving
Author and philanthropist MacKenzie Scott disclosed on Tuesday that she donated $7.1 billion to nonprofits in 2025 - more than double her giving from the previous two years and one
How WhatsApp Generates Revenue Without Charging Users
Despite being free to use for nearly three billion people worldwide, WhatsApp employs a series of strategies to generate substantial revenue. Owned by tech giant Meta, WhatsApp primarily makes money
Berkshire Invests in Ulta Beauty, Heico as it Retreats from Apple
Warren Buffett’s Berkshire Hathaway has made notable moves in its investment portfolio for the second quarter, acquiring significant stakes in Ulta Beauty and aircraft parts manufacturer Heico, while significantly reducing
Nestlé To Cut 16,000 Jobs As New CEO Pushes Cost-Cutting Drive
Nestlé has announced plans to eliminate 16,000 jobs globally over the next two years as its new Chief Executive Officer, Philipp Navratil, moves to streamline operations and focus on higher-return
DHL Resumes High-Value Global Deliveries to U.S. After Temporary Suspension
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
Trump Orders 100% Tariff on Foreign Films
U.S. President Donald Trump has directed federal trade officials to impose a 100% tariff on all movies produced outside the United States and imported into the country, in what he
Japan Stocks Experience Sharpest Drop Since Pandemic Amid Global Market Concerns
Japanese stocks faced a significant downturn on Friday, with the Nikkei 225 plunging 5.8%, marking the index's largest single-day drop since March 2020. The decline, driven by concerns over the
Unilever Records N15.1bn Profit
Unilever Nigeria Plc has reported a net profit of N15.1 billion for the 2024 financial year, marking a significant 79% increase from the N8.4 billion recorded in 2023. The company's
China Blocks Access to OnlyFans After Brief Accessibility
Popular subscription-based platform OnlyFans, widely known for hosting sexually explicit content, is no longer accessible in China after briefly working in recent weeks. The development follows reports on social media
Apple’s iPhone 16 Pro Series Set to Be the Largest Yet: Bigger Displays and Subtle Design Shifts Expected
In a scoop for Apple enthusiasts, the much-anticipated iPhone 16 Pro series is set to be the largest in Apple's smartphone lineup, with displays estimated at approximately 6.3 inches and
Snap Inc Announces Layoffs, Cutting 10% of Global Workforce, Approximately 500 Jobs
Snap Inc, the parent company of Snapchat, has revealed plans to lay off 10% of its staff, impacting around 500 global full-time employees. The tech firm joins the recent trend
Kanye West’s Termination From Adidas Reportedly Leaves Company Stuck With $530m of Yeezy Sneakers
Kanye West‘s termination from adidas has reportedly left the sportswear giant in a bit of a bind and stuck with a massive overstock of Yeezy sneakers. According to the Financial
