Dangote Group’s Market Value Drops by N1.21 Trillion in July Amid Refinery Dispute
In July 2024, companies under the Dangote Group experienced a significant drop in market capitalization, shedding approximately N1.21 trillion. The decline affected Dangote Cement, Dangote Sugar Refinery, and NASCON Allied
Elon Musk Says He Will Step Down as Twitter CEO — Once He Finds a Replacement
Twitter owner Elon Musk has confirmed that he will step down as the company’s CEO, but only when he identifies a successor, directly addressing for the first time a Twitter
Microsoft Empowers Copilot Studio with New ‘Computer Use’ Automation Feature
Microsoft has introduced a powerful new feature to its Copilot Studio platform that allows AI agents to independently interact with websites and desktop applications - without needing traditional API access.
HBO Max, Paramount+ to Merge After Warner Bros Deal
Paramount has confirmed plans to combine its streaming service, Paramount+, with HBO Max following its takeover of Warner Bros. Discovery, setting the stage for one of the biggest integrations in
Meta Begins Blocking News Access on its Platforms in Canada
Meta, the parent company of social media giants Facebook and Instagram, has taken steps to comply with recently passed legislation in Canada that requires tech companies to negotiate payments to
Should Boeing Be Removed From the Dow? Mounting Issues Raise Serious Questions
Boeing, the American aerospace giant, has long been a fixture in the Dow Jones Industrial Average (DJIA), but recent struggles raise the question: does it still deserve its place among
Taiwan’s ONGLAISAT Satellite Captures High-Resolution Earth Images
A newly launched Taiwanese observation satellite, ONGLAISAT, has successfully captured high-resolution images of Earth, marking a significant achievement in small-satellite technology. The satellite, built with the help of Japanese startup
Hackers Threaten to Leak Stolen Reddit Data if Company Doesn’t Pay $4.5 Million and Change Controversial Pricing Policy
Reddit is facing a potential data leak as hackers from the BlackCat ransomware gang threaten to release 80 gigabytes of confidential data stolen during a February breach, with demands for
YouTube Reaches $24.5m Settlement in Trump Lawsuit Over Capitol Riot Ban
YouTube has agreed to pay former U.S. president Donald Trump $24.5 million to resolve a lawsuit he filed after the platform suspended his account in the aftermath of the January
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.
Apple Removes WhatsApp and Threads from China App Store Following National Security Concerns
In response to directives from China's internet watchdog citing national security apprehensions, Apple has taken the decisive step of removing WhatsApp and Threads from its app store in the country,
Elon Musk Found Not Guilty of Fraud Over Tesla Tweet
Tesla co-founder Elon Musk has been cleared of wrongdoing for a tweet in which he said he had "funding secured" to take the electric carmaker back into private ownership. Shareholders
Logan Paul Sells Rare Pokémon Card For $16.5m
Logan Paul has sold an ultra-rare Pokémon trading card for a record-breaking $16.5m (£12m), making it the most expensive trading card ever sold at auction. The sale was confirmed by
Snoop Dogg Coming to Instagram and Facebook as AI Chatbot
Snoop Dogg, the iconic rapper and entrepreneur, is once again making waves in the metaverse as he joins a growing list of celebrities, including Charlie D’Amelio, Tom Brady, and Paris
NNPC Withholds N13.7 Trillion in Revenue from Federation Account
The Nigerian National Petroleum Company Limited (NNPCL) has failed to remit N13.763 trillion in revenue to the Federation Account, according to a document from the Federal Accounts Allocation Committee (FAAC)
Disney, WBD, and Fox Cancel Venu Sports Streaming Service Ahead of Launch
In a surprising turn of events, Disney, Warner Bros. Discovery (WBD), and Fox Corporation have announced the cancellation of their joint streaming service, Venu Sports, just months before its anticipated
Trump Says He Has ‘a Group of Very Wealthy People’ to Buy TikTok
President Donald Trump has indicated that a buyer has been secured for the popular video-sharing platform TikTok, which has faced a ban in the U.S. over national security concerns. In
Apple May Be Compelled to Permit Rival App Stores in the UK
Apple could soon be required to open its iPhone ecosystem to rival app stores in the United Kingdom following a major ruling by the Competition and Markets Authority (CMA). The
PepsiCo Announces $216 Million Investment in Long-term Partnerships
PepsiCo has announced a $216 million multi-year investment in long-term, strategic partnership agreements with three of the most well-respected farmer-facing organizations – Practical Farmers of Iowa (PFI), Soil and Water
Volkswagen Considers Closing German Factories Amidst Intensified Competition
Volkswagen is contemplating the unprecedented step of shutting down its factories in Germany, marking a potential historic first for the 87-year-old automaker. The decision comes as part of a broader
