USAID Partners with Ascend Studios to Launch the Africa Creative Blueprint
The U.S. Agency for International Development (USAID), in collaboration with Ascend Studios, has announced the launch of the Africa Creative Blueprint, a groundbreaking initiative designed to strengthen Nigeria’s creative industry
Italian Chain Prezzo to Shut 46 Restaurants With 810 Jobs Set to Go
Prezzo is to shut 46 loss-making restaurants after being hit hard by soaring energy and food costs. The Italian restaurant chain has said about 810 workers are at risk of
LG to Shut Down Smartphone Update Servers, Closing Final Chapter of Its Mobile Legacy
LG Electronics will officially end all software support for its smartphones on June 30, 2025, marking the final step in its exit from the mobile phone market. The South Korean
Target to Remove Cereals With Artificial Colours
Target says it will stop selling breakfast cereals made with synthetic food colours by the end of May, becoming the latest major retailer to respond to growing criticism of ultra-processed
China Allocates $47.5 Billion to Boost Semiconductor Industry Amid U.S. Restrictions
China is intensifying its efforts to become a leader in advanced technologies by establishing its largest-ever state investment fund for the semiconductor industry, worth $47.5 billion. This move comes as
Swatch Pulls Controversial Ad After Backlash in China
Swiss watchmaker Swatch has apologised and withdrawn an advertising campaign after sparking outrage in China over imagery deemed offensive. The ad, which showed a male model stretching the corners of
Qatar Airways to Exit Cathay Pacific Stake After Eight Years
Qatar Airways is set to divest its entire shareholding in Cathay Pacific, bringing an end to an eight-year investment in Hong Kong’s flagship airline. The Qatari carrier will sell its
Elon Musk’s AI Firm Responds to Controversial Grok Chatbot Comments
Elon Musk’s artificial intelligence company, xAI, says it is taking steps to remove offensive content generated by its Grok chatbot, following a wave of public criticism over posts shared on
McKinsey to Pay $650 Million to Settle U.S. Opioid Investigation
Global consulting firm McKinsey & Co has agreed to pay $650 million to resolve a U.S. Department of Justice (DOJ) investigation into its advisory role in promoting the sales of
Parents Sue OpenAI, Claiming ChatGPT Encouraged Teen’s Suicide
The parents of a 16-year-old boy in California have filed a lawsuit against OpenAI and its chief executive, Sam Altman, alleging that the company’s chatbot ChatGPT contributed to their son’s
MindsEye Campaign Lasts 20 Hours, and Creator Leslie Benzies Says That’s the Point
MindsEye, the upcoming action-adventure game from Build a Rocket Boy, has drawn early comparisons to Grand Theft Auto - unsurprising, given that the studio is led by Leslie Benzies, the
Google Maps is Getting ‘Supercharged’ with Generative AI
Google Maps is set to undergo a transformative upgrade, integrating generative AI to provide users with personalized and nuanced recommendations. The feature, powered by large language models (LLM), aims to
Meta to Invest $10 Billion in One of the World’s Longest Subsea Fiber Optic Cables
Meta, the parent company of Facebook, Instagram, WhatsApp, and Threads, is planning to undertake a $10 billion project to install a massive subsea fiber optic cable, aiming to enhance global
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
EU Launches Investigation into Facebook and Instagram Over Child Safety Concerns
The European Union has initiated a formal investigation into Meta, the parent company of Facebook and Instagram, over concerns that its platforms may be too addictive for children and fail
From a £20,000 Loan to a £71m Empire: How Paige Louise Turned Dreams into a Global Beauty Brand
When Paige Louise Williams walked away from her job at a beauty counter, she had no qualifications, no business plan, and little more than a dream. What she did have
OpenAI Unveils Sora: AI Model Transforms Verbal Cues into Videos
OpenAI, a prominent figure in artificial intelligence, has announced the launch of Sora, a new AI model capable of generating "realistic" and "imaginative" 60-second videos from brief text prompts. According
Amgen to Cut 450 Jobs in Second Round of Layoffs This Year
Amgen Inc (AMGN.O) said on Thursday it would cut 450 jobs, or less than 2% of its workforce, making it the company's second round of layoffs this year amid intensifying
Apple to Begin Limited Mac Mini Production in US
Apple has announced plans to manufacture some of its Mac Mini desktop computers in the United States for the first time, marking a shift toward greater domestic production as pressure
Hermès Won Its Case Against an Artist Who Sold NFTs of Its Iconic Birkin Bags
Hermès has secured the bag. The French fashion house has prevailed in its fight against an artist who was selling NFTs of the iconic Birkin bag, The Wall Street Journal
