Google Reportedly Pays $18 Billion a Year to be Apple’s Default Search Engine
In the ongoing US v. Google trial, revelations about the complexities of the deal between Apple and Google for default search engine placement on Apple devices have been brought to
LG Launches Mosquito Repellent Air Conditioner in Nigeria
LG Electronics has introduced a groundbreaking air conditioning system to the Nigerian market, unveiling the Dual Inverter Air Conditioner with its innovative Mosquito Away feature. This marks a significant step
Mr Eazi Sells His Company Vydia For $1 Billion
Nigerian singer and businessman, Oluwatosin Ajibade, popularly known as Mr Eazi, a soon to be inlaw of business mogul and investor, Femi Otedola, has sold Vydia, the portfolio company of
Zenith Bank Denies Fake Investment Endorsement
Zenith Bank has warned the public to ignore videos circulating online that falsely link its Group Chairman, Jim Ovia, to an investment scheme known as Wealth Bridge. In a statement
Dick’s Sporting Goods is Buying Foot Locker for $2.4 Billion
Dick’s Sporting Goods has announced plans to acquire longtime rival Foot Locker in a $2.4 billion agreement, marking a major move in the evolving retail landscape as apparel companies seek
Austria Offers Free Rail Travel for a Year – If You Get a Tattoo
The well-worn phrase "there are no bad ideas" encountered a reality check when Austria's climate minister endorsed a campaign that proposed offering a year's worth of free public transport in
Petroleum Marketers Accuse Dangote Refinery of Selling Expensive Fuel in Nigeria
Nigerian petroleum marketers have raised serious concerns about the Dangote Refinery’s pricing strategy, alleging that the $20 billion facility was not intended to provide affordable petrol to Nigerians. In an
Philips Settles Respirator Case for $1.1 Billion
Dutch medical technology giant Philips has announced a $1.1 billion settlement to resolve lawsuits in the United States related to potentially defective respiratory devices, marking a significant step in addressing
Facebook and Instagram to Label All Fake AI Images
Meta, the parent company of Facebook and Instagram, has announced plans to introduce technology capable of detecting and labelling images generated by external artificial intelligence (AI) tools on its platforms.
Naira Projected to Fall to N1,804 Per Dollar in 2025 – Report
A new report by Afrinvest has projected that the Nigerian Naira could depreciate to a fair value of N1,804 per dollar at the official market by 2025. The report, titled
BlizzCon Canceled for 2024, Blizzard Promises Future Return Amid Industry Challenges
Blizzard Entertainment has announced the cancellation of BlizzCon for the year 2024, marking a hiatus for the annual gaming convention typically held in Anaheim, California. While the company did not
Apple Slashes iPhone Prices in China Amid ‘618’ Shopping Festival
Apple is offering its deepest iPhone discounts ever in China as the annual "618" shopping festival kicks off, aiming to revive sales amidst sluggish consumer demand and fierce competition from
WhatsApp to Introduce New Ad Features Without Affecting Private Chats
WhatsApp, owned by Meta, is set to roll out three new advertising features globally, aiming to generate more revenue while keeping users’ private conversations untouched. The company emphasized that ads
TikTok Updates Privacy Policy to Allow Collection of Precise Location Data in the US
TikTok's newly formed US joint venture has updated its privacy policy to allow the collection of more detailed location information from its American users, expanding the scope of data the
Fendi Acquires Knitwear Supplier Maglificio Matisse
Luxury fashion house Fendi has announced that it has taken a majority stake in Italian knitwear maker, Maglificio Matisse, a key supplier of the LVMH-owned brand for over 15 years
‘Temu is as Addictive as Sugar’: How the E-commerce Retailer Drives a Shopping Frenzy
Manchester-based Lucy Clark stumbled upon the retail app Temu in 2023, drawn in by its virtual casino-like allure. With spinning roulette wheels offering cash coupon rewards, countdown timers promising free
Pizza Hut Tests Underground Deliveries Ahead of ‘Teenage Mutant Ninja Turtles’ Movie Release
Pizza Hut announced that it served its signature dish to select customers in the New York City subways as a promotion for the upcoming film "Teenage Mutant Ninja Turtles: Mutant
Tesla Approved as Official Chinese Government Vehicle
For the first time, Tesla has been included in a Chinese government purchase list, as reported by state-owned media outlet Paper.cn. Tesla is the only foreign-owned electric vehicle (EV) brand
Telegram CEO Pavel Durov Under Investigation in France Amid Criminal Probe
Pavel Durov, the founder and CEO of Telegram, has been placed under formal investigation in France as part of a criminal probe into organized crime activities linked to the messaging
Starbucks Launches Olive Oil Coffee Drinks in Italy
The world's largest coffee chain Starbucks says it is launching a line of olive oil-infused drinks in Italy. Chief executive Howard Schultz says olive oil's "unexpected, velvety, buttery flavour… enhanced
