Coca-Cola Bottler Seeks 10-Month Extension to Implement Packaging Changes
Nairobi Bottlers Limited has returned to the High Court, seeking an extension of 10 months to comply with a 2018 judgment directing the inclusion of nutritional information, storage details, and
Credit Suisse Bank: UBS is in Talks to Take Over its Troubled Rival
Switzerland's biggest bank, UBS, is in advanced talks to buy all or part of its troubled rival Credit Suisse. As reported on BBC, Credit Suisse is facing a crisis of
After Losing $145 Billion In 13 Months, Elon Musk Cedes Title Of World’s Richest Person To Bernard Arnault
Elon Musk has officially lost his spot as the world’s richest person to Bernard Arnault, the Chairman and CEO of French luxury conglomerate, LVMH Moet Hennessy Louis Vuitton as reported
Renault Will Slash Stake in Nissan as They Overhaul Their Alliance
Carmakers Renault and Nissan have agreed to restructure their longstanding partnership, with the French company whittling down its stake in the Japanese firm to 15%. As reported on CNN, under
Kia Recalls Over 80,000 Vehicles in the U.S. Over Airbag and Wiring Issues
Kia America has issued a recall for more than 80,000 vehicles due to a defect involving floor wiring beneath the front passenger seat. The issue could interfere with the proper
Warner Bros. Discovery Matches Amazon’s $1.8 Billion Offer for NBA Rights
Warner Bros. Discovery (WBD) has informed the NBA that it will match Amazon's $1.8 billion annual offer to retain broadcast rights for a package of league games. In a statement
Virgin Orbit, Richard Branson’s Rocket Company, Will Lay Off 85% of Staff
Virgin Orbit — the rocket company founded by British billionaire Richard Branson — is laying off the vast majority of its workforce as company leadership struggles to secure additional funding.
Amazon is ‘Investing Heavily’ in the Technology Behind ChatGPT
Amazon wants investors to know it won’t be left behind in the latest Big Tech arms race over artificial intelligence. In a letter to shareholders Thursday, Amazon (AMZN) CEO Andy
SpaceX Faces Accusations of Wrongful Termination Over Criticisms of Elon Musk
SpaceX, the aerospace manufacturer led by multi-billionaire Elon Musk, is under scrutiny as it faces allegations of unlawfully firing eight employees who openly criticized Musk's leadership. According to a complaint
Tencent Loses Over $43 Billion in Market Value After China Proposes New Online Gaming Rules
In a surprising turn of events, Tencent, a leading player in the global online gaming market, experienced a substantial market value loss of approximately $43.5 billion on Friday following the
Holcim Announces Exit from Nigeria After 65 Years, Focuses on High-Growth Markets
Swiss building materials giant Holcim is set to withdraw from Nigeria after 65 years, citing a strategic shift toward high-growth regions and sustainable solutions. The company plans to sell its
Chipmaker Broadcom to buy software group VMware for $61 Billion
It's official! In what could go down as one of the biggest deals in the history of tech business acquisitions, American chipmaker, Broadcom has concluded plans to acquire VMware in
The Woman Who Has Worked Alongside Mark Zuckerberg Longer Than Almost Anyone Else
For nearly two decades, Naomi Gleit has had a front-row seat to one of the most remarkable transformations in modern business history. When she joined Facebook in 2006, she was
Taco Bell Reviews AI Drive-Through After Viral Ordering Glitches
Taco Bell is reassessing its use of artificial intelligence in US drive-through restaurants after a string of viral videos showed the technology making unusual mistakes - including processing a customer’s
The Hennessy Cypher 2023 Sets Nigerian Rap Scene Abuzz
The Hennessy Cypher 2023 is taking the Nigerian rap community by storm with its unmatched lyrical showcase. Featuring a stellar lineup of Ladipoe, Vector, Blaqbonez, and Zlatan, this year's Hennessy
Former TikTok Executive Files Lawsuit Alleging Gender and Age Discrimination
Former TikTok senior executive Katie Puris has filed a lawsuit against the company, alleging discrimination based on her age and gender during her tenure. Puris, who worked in marketing at
Why Apple May be Working on a ‘Hey Siri’ Change
Apple reportedly wants to put an end to "Hey." The company is said to be training its voice assistant Siri to pick up on commands without needing the first half
Maker of Walmart, Amazon Store-Brand Baby Formulas Sees Shortages Through Rest of 2022
Perrigo Company PLC (PRGO.N), which makes store-brand baby formulas for retailers, including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O), expects shortages and heightened demand to last for the "balance of
Upset PLT Customers Banned Over Too Many Returns
PrettyLittleThing (PLT), a well-known fast-fashion brand, is facing significant backlash after deactivating customer accounts for frequent returns. This move, which came to light through emails sent to affected shoppers, has
Versace Enlists NBA Star Dwyane Wade for Exclusive Eyewear Campaign
Italian fashion powerhouse Versace has once again collaborated with NBA star Dwyane Wade, making him the focal point of their latest eyewear campaign. In a departure from conventional fashion campaigns,
