Elon Musk’s xAI Firm Valued at $24 Billion After Major Investment Boost
Elon Musk’s artificial intelligence company, xAI, has secured an additional $6 billion in funding, elevating its valuation to $24 billion. This significant investment round included contributions from prominent Silicon Valley
Moniepoint Crowned Financial Inclusion Champion by CBN
Moniepoint, Africa’s rapidly growing financial institution, has been honoured with the title of Financially Inclusive Fintech of the Year at the 2nd International Financial Inclusion Conference (IFIC), hosted by the
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
Canada Shuts Down TikTok’s Business Operations
The Canadian government has ordered the closure of TikTok's business operations in the country, citing significant national security risks. The move, announced on Wednesday, includes the shutdown of TikTok's offices
Anne Wojcicki’s Nonprofit Wins $305 Million Bid to Acquire 23andMe Following Bankruptcy
A nonprofit organization led by Anne Wojcicki, co-founder and former CEO of genetic testing company 23andMe, has successfully secured the acquisition of the company after it filed for bankruptcy in
‘Dune: Part Two’ Dominates Box Office with $81.5 Million Opening Weekend
In a major boost to the box office, the highly anticipated sequel "Dune: Part Two" has stormed into theatres, claiming the top spot with an impressive $81.5 million in domestic
Pepsi Acknowledges CM Punk’s Tattoo Tribute in Viral Social Media Moment
CM Punk’s iconic Pepsi tattoo has long been a defining part of his image - and now, the soft drink giant is tipping its hat to the wrestling legend. Pepsi’s
Amazon Set to Start Making Prime Deliveries Using Drones Later in 2022
American e-commerce giant, Amazon has announced that before the end of 2022, it will commence making Prime Air deliveries through the deployment of drones.Amazon made the disclosure in a press
More Than 1,000 Laid Off at U.S. State Department Amid Federal Workforce Cuts
Over 1,300 employees have been laid off at the U.S. State Department as part of the Trump administration’s sweeping effort to shrink the size of the federal government, according to
MOD Pizza Acquired by Elite Restaurant Group to Avert Bankruptcy
MOD Pizza, the popular fast-casual chain known for its customizable pizzas, announced on Wednesday that it has been acquired by Elite Restaurant Group in a strategic move aimed at preventing
Twitter’s Blue Ticks Disappear as Musk Attacks NY Times
The New York Times has lost its blue tick on Twitter after it said it would not pay to remain verified. As reported on BBC, Twitter has started removing verification
Tesla Faces Sales Slump, Lowest Deliveries Since 2022 Amid Production Woes
Tesla, the electric vehicle pioneer led by Elon Musk, has encountered a significant setback in its first-quarter deliveries, marking the lowest figure in over a year. Challenges including a factory
Conor McGregor Dropped by Proper No. Twelve Whiskey Brand Following Legal Case
Irish whiskey brand Proper No. Twelve has ended its association with mixed martial artist Conor McGregor, following his liability ruling in a sexual assault case. Proximo Spirits, the owner and
Activision Blizzard Settles Gender Discrimination Lawsuit with California for $54 Million
In a landmark resolution, video game giant Activision Blizzard and the California Civil Rights Department (CRD) have reached a settlement in a gender discrimination lawsuit, amounting to approximately $54 million.
JPMorgan is Cutting About 1,000 First Republic Bank Employees
JPMorgan Chase has informed approximately 1,000 employees of First Republic Bank that they will no longer have their jobs. Earlier this month, JPMorgan acquired most of First Republic's assets after
Amazon Reopens £20,000 Kindle Storyteller Award for 2025 Entries
Amazon has officially launched the 2025 edition of its Kindle Storyteller Award, a prestigious prize designed to spotlight exceptional self-published authors and their stories. Now in its ninth year, the
Flutterwave Partners Tiwa Savage Music Foundation to Support Emerging African Talent
African payments technology company Flutterwave has announced a strategic partnership with the Tiwa Savage Music Foundation aimed at supporting and developing creative talent across the continent. The collaboration was unveiled
U.S. Court Finds Google Guilty of Monopolizing Online Advertising Market
A U.S. federal court has ruled that tech giant Google violated antitrust laws by monopolizing the digital advertising market, marking a major legal victory for the U.S. Department of Justice
The Container Store Files for Chapter 11 Bankruptcy Amid Retail Challenges
The Container Store, a long-standing name in home organization, has filed for Chapter 11 bankruptcy protection, citing financial struggles and shifts in consumer spending habits. The announcement comes as the
Kendrick Lamar Shares New Song in Short Film for Chanel
Renowned rapper Kendrick Lamar has collaborated with luxury fashion house Chanel to unveil a new song featured in a captivating short film. On Saturday (January 20), Chanel released a mini-movie
