The 5 Biggest Takeaways From Netflix’s Earnings Report
As Hollywood faces challenges amid ongoing industry strikes, streaming giant Netflix had reason to celebrate on Wednesday with the release of its earnings report. The company's long-anticipated plans to clamp
Nintendo Confirms 2025 Release for New Switch 2 Console
Nintendo has officially announced the release of its highly anticipated next-generation console, the Nintendo Switch 2, set to debut in 2025. This revelation comes after years of speculation and growing
Monster Energy Is Paying $362 Million to Acquire This Key Competitor to Celsius Holdings
Celsius Holdings, known for its calorie-burning energy drinks, has often been dubbed a "baby Monster" in reference to its rival, Monster Beverage. However, with Celsius experiencing significant growth and stock
Elon Musk’s DOGE is Coming for the Penny
Elon Musk’s Department of Government Efficiency (DOGE) has set its sights on the U.S. penny, citing the high costs associated with producing the one-cent coin. In a post on X,
Uber to Discontinue Drizly Alcohol Delivery App in Strategic Shift Towards Uber Eats
Ride-hailing giant Uber has announced the closure of its alcohol delivery app, Drizly, just three years after its acquisition for $1.1 billion. The move is part of Uber's strategic consolidation,
The Olympics Tap its First-Ever Global Beer Sponsor
Anheuser-Busch InBev, the brewer behind Bud Light, makes history by becoming the inaugural beer sponsor for the next three Olympics and Paralympic Games, opting to feature its non-alcoholic brand, Corona
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
Meta to Scrap Fact-Checkers, Embraces User-Generated Moderation in Policy Overhaul
Meta, the parent company of Facebook and Instagram, is set to eliminate its fact-checking program and replace it with a community-driven moderation system. CEO Mark Zuckerberg announced the policy shift
Domino’s Tests Robot Dog for Beach Pizza Deliveries in UK
Domino’s Pizza is trialling a robot dog delivery system to bring pizzas to beachgoers in Eastbourne, UK, while also protecting the food from opportunistic seagulls. The pilot uses Boston Dynamics’
St. Lauren Brand Takes on the Lagos Market With the Launch of New Look and Flavours
St. Lauren, the premium non-alcoholic sparkling wine brand of Grand Oak, officially unveiled its new look across its three variants; Red, Gold and White with a grand event held at
US Officials Slam EU After X Is Fined Over Verification Practices
A major transatlantic row erupted on Friday after the European Union imposed a €120m (£105m) penalty on X, the social media platform owned by Elon Musk, for what regulators described
Toy Maker Recalls 7.5 Million Baby Shark Children’s Toys Due to a Risk of Impalement
The US Consumer Product Safety Commission has announced the recall of 7.5 million Baby Shark bath toys following reports of injured children. Zuru LLC, the California-based company that imports these
Microsoft CEO Satya Nadella Expresses Optimism About the Future of Artificial Intelligence
During the World Economic Forum in Switzerland, Microsoft CEO Satya Nadella shared his positive outlook on the future of artificial intelligence (AI) in a conversation with Klaus Schwab, chairperson of
Nike Unveils First Look at Vomero Premium “Hyper Pink” Ahead of October Launch
Nike has revealed a new women’s-exclusive colorway of its Vomero Premium running shoe, showcasing the “Hyper Pink” design set to release this October. The latest iteration of the Vomero Premium
Microsoft Signs Deal for A.I. Computing Power With Nvidia-Backed CoreWeave That Could be Worth Billions
Microsoft is reportedly set to spend potentially billions of dollars over several years on cloud computing infrastructure from startup CoreWeave, which recently raised $200 million in financing. CoreWeave offers simplified
South Korea’s Supreme Court Acquits Samsung Boss in High-Profile Fraud Case
Samsung's executive chairman Lee Jae-yong has been cleared of all fraud allegations by South Korea’s Supreme Court, bringing an end to a high-stakes legal battle that has spanned nearly a
GTA 5 Actor Ned Luke Denounces Unauthorized AI Chatbot Using His Voice
In a recent outcry against the controversial use of AI-generated voices, Ned Luke, renowned for his portrayal of Michael De Santa in GTA 5, has expressed strong disapproval towards a
Elizabeth Holmes Objects to Government Requesting She Pay $250 a Month to Victims After Prison
Elizabeth Holmes, the disgraced former Theranos CEO, is arguing that she has "limited financial means" and should not be required to pay $250 per month to the victims of her
Titanic Survivor’s Letter Sells for £300,000 at UK Auction
A letter penned by Colonel Archibald Gracie, a survivor of the Titanic disaster, has fetched a record-breaking £300,000 ($400,000) at an auction in Wiltshire, United Kingdom. Sold through Henry Aldridge
Bahama Breeze Shutters Over One-Third of Its Restaurants Amid Sales Slump
Caribbean-themed restaurant chain Bahama Breeze has closed more than a third of its locations across the United States, as parent company Darden Restaurants moves to streamline operations and boost overall
