Pizza Hut to Shut 68 UK Restaurants, Over 1,200 Jobs Lost as Operator Collapses
Pizza Hut is set to close 68 restaurants and 11 delivery sites across the UK, resulting in the loss of 1,210 jobs, after the company managing its UK operations fell
					
				American Airlines and JetBlue Have to Break Up Their Partnership, Court Rules
American Airlines and JetBlue Airways have been ordered to terminate their alliance on Northeast US flight routes by a US District Court judge. The ruling, in favor of the Justice
					
				Inside Tesla’s Perfect Storm – Politics, Profits, and a Fractured Future
At first glance, the headlines about Elon Musk’s latest feud with former President Donald Trump might seem like just another high-profile spat in the tech billionaire’s ever-expanding media orbit. But
					
				Nike Air Max 1 Gets Golf-Ready in New ‘Obsidian’ Edition
Nike is once again blending streetwear heritage with sports functionality as it adapts one of its most iconic sneakers, the Air Max 1, for the golf course. The brand has
					
				Apple to Unveil First Generative AI iPhone at September 9 Event
Apple has officially announced the date for its next major event, where the highly anticipated iPhone 16 is expected to make its debut. The event, tagged with the theme “It’s
					
				Toyota Industries Faces Crackdown for Engine Emissions Cheating – Nikkei
Japan's transport ministry is gearing up to take action against Toyota Industries, a subsidiary of Toyota Motor Corp, for allegedly cheating on engine emissions tests, as reported by Nikkei on
					
				Adobe Abandons $20 Billion Figma Acquisition
Adobe's ambitious pursuit of a $20 billion acquisition of Figma, a rising star in web-based interface design, has come to an abrupt halt due to regulatory challenges in the European
					
				Elon Musk Backtracks on Blue Checkmark Policy Amid Platform Decline
In a significant reversal, Elon Musk, the CEO of X, has abandoned his contentious blue checkmark subscription model, reinstating the coveted verification badges for prominent users on the platform. The
					
				Vinted Makes First Profit on Used Fashion
Vinted, a leading platform for second-hand clothing, has announced its inaugural profit, marking a significant milestone in the burgeoning market for pre-owned fashion. The company's shift into profitability comes as
					
				Legendary Rock Band Kiss Sells Brand and Music Catalogue for Over $300 Million
In a monumental deal, the iconic hard rock band Kiss has sold its extensive catalogue of songs, alongside its brand, likeness, and intellectual property, to Swedish music investor Pophouse Entertainment
					
				The Largest Bank in Mauritius is Expanding to Nigeria
Mauritius Commercial Bank (MCB) has disclosed plans to expand its operations to Africa's largest economy, Nigeria.This was revealed by MCB's Head of Corporate & Institutional Banking, Thierry Hebraud during the
					
				Universal Music Group Eyes U.S. Stock Market Debut Amid Industry Momentum
Universal Music Group (UMG), the global powerhouse behind chart-topping artists like Taylor Swift, Drake, and Lady Gaga, has filed plans to go public in the United States - marking a
					
				The Looming Threat of a TikTok Ban in the U.S.: What We Know and What’s at Stake
TikTok's future in the United States now hangs in the balance as the U.S. Supreme Court has taken up a pivotal case that could determine whether the platform remains accessible
					
				Tech Groups Ask Supreme Court to Put Texas Social Media Censorship Law on Hold
Two prominent lobbying groups representing the tech industry's biggest companies are asking the US Supreme Court to step in and block a Texas law that lets the state's residents sue
					
				Delta Airlines Sues CrowdStrike for $500 Million Over Software Glitch That Disrupted Global Flights
Delta Air Lines has filed a lawsuit against cybersecurity firm CrowdStrike in Georgia’s Fulton County Superior Court, seeking damages exceeding $500 million. The suit follows a software update from CrowdStrike
					
				ESPN Returns Emmys and Takes Disciplinary Action Amidst Revelations of Decades-Long Fraud Scheme
ESPN has returned multiple Emmy statues and implemented disciplinary measures following an internal investigation that uncovered the network's submission of fake names to the National Academy of Television Arts &
					
				Ford Sells Shares in EV Maker Rivian For $188.2 Million
Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece, the U.S. automaker said in a filing on Friday.Ford now
					
				Apple Founder’s Daughter Mocks New iPhone
The youngest daughter of the late Apple co-founder Steve Jobs has joined the chorus of critics reviewing Apple's latest iPhone - and she is unimpressed, as reported on BBC. In
					
				BuzzFeed Stock Surges as Vivek Ramaswamy Acquires Activist Stake
BuzzFeed, the digital media giant, experienced a significant surge in its stock value following the revelation that former Republican presidential candidate Vivek Ramaswamy has acquired an activist stake in the
					
				Apple iPhone Sales Decline in China as Huawei Surges, Report Reveals
According to a report by research firm Counterpoint, Apple experienced a significant decline in iPhone sales in China, with a 24% decrease in the first six weeks of 2024 compared
