Klarna’s Wall Street Debut Hits $19 Billion Valuation
Swedish buy-now, pay-later giant Klarna has made a strong debut on Wall Street, with its shares surging on the first day of trading to give the company a market value
Netflix Raises Prices as Password Boost Fades
Netflix has started raising its subscription prices in several countries as the surge in growth from its password-sharing crackdown begins to ease. Over the past month, the streaming giant has
Samsung Workers Initiate Indefinite Strike Over Pay and Leave Policies
Samsung Electronics' largest labor union in South Korea has initiated an indefinite strike, following a three-day walkout that failed to resolve ongoing disputes over pay and bonuses. The National Samsung
Coca-Cola Reintroduces Mexican Soft Drink Barrilitos in California and Texas
Coca-Cola has relaunched the beloved Mexican soft drink Barrilitos in select U.S. markets, beginning with California and Texas, and potentially expanding to Nevada and Oklahoma in the near future. Barrilitos,
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
Investors Pull $1.6 Billion From Binance After CFTC Lawsuit
Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday. The U.S. Commodity
Wikipedia’s Most Popular Pages of 2024 Revealed
Wikipedia, a go-to source of information for millions worldwide, has unveiled its most-visited pages for 2024. Released by the Wikimedia Foundation, the list highlights the topics that captured global attention
UK Vinyl Sales Soar to Highest Level Since 1990 in Resilient Music Market Revival
In a testament to the enduring appeal of physical music, UK vinyl LP sales have reached their highest level since 1990, showcasing a remarkable revival of tangible music formats. The
Joann to Close 500 Stores Amid Bankruptcy Struggles
Fabric and craft retailer Joann is set to shut down 500 of its 800 stores across the United States in the coming months as it moves through the bankruptcy process.
Canada Struck by Massive Mobile and Internet Outage
These are not the best of times in Canada as the country's largest mobile and internet provider has suffered a major outage, with bank ATMs and emergency service hotlines affected.
US Government Sues TikTok Over Alleged Violations of Children’s Privacy Law
The U.S. Justice Department has filed a lawsuit against TikTok and its parent company, ByteDance, accusing them of unlawfully collecting personal data from children and failing to adhere to privacy
Kaspersky Uncovers Cyberattack Exploiting DeepSeek AI Hype
Cybersecurity firm Kaspersky has uncovered a sophisticated cyber deception campaign leveraging public interest in DeepSeek AI, a popular generative AI chatbot, to distribute malware through fraudulent websites. According to Kaspersky’s
Macy’s Concludes Investigation into Employee Who Concealed $150 Million in Expenses
Macy's has wrapped up its investigation into an accounting employee who deliberately concealed more than $150 million in delivery expenses over nearly three years. The company has since strengthened its
ispace Moon Landing: CEO Assumes Lander Crashed
Japanese lunar exploration company ispace attempted to land its first cargo mission on the moon on Tuesday, but lost communication with the spacecraft and has deemed the attempt unsuccessful, CEO
Germany to Remove Huawei, ZTE Components from 5G Network Amid Security Concerns
Germany has announced plans to phase out components from Chinese tech giants Huawei and ZTE from its 5G wireless network over the next five years, a decision likely to further
Netflix is Axing its Cheapest, Ad-Free Plan in the US
Netflix has announced that it will begin phasing out its Basic plan, the cheapest ad-free subscription option, in the United States. Priced at $11.99 per month, the Basic plan will
Apple Working on ‘Special Version of iPadOS 17’ for Larger iPads, Starting With 14.1-inch Model Set to Launch in 2024
Apple is developing a version of iPadOS 17 that is specifically designed for larger unreleased iPad sizes, the first of which will arrive next year, claims a new rumor. According
Disney Gives Up on a Major Investment
While Disney may be the happiest place on earth in the hearts and minds of many people, the business itself is not having such a happy week. As reported on
Ghanaian Court Orders Auction of Michael Essien’s Properties Amid Financial Crisis
Former football star Michael Essien faces the threat of losing two of his properties in Ghana as a court has ordered their auction to recover outstanding debts. The Ghanaian court
CBN Capital Reform: Nigerian Banks Secure Licences Under New Rules
Nigeria’s banking industry is undergoing a major shake-up following new capital requirements introduced by the Central Bank of Nigeria (CBN). In March 2024, the apex bank directed commercial lenders to
