ByteDance Reaches Deal With Investors to Avert US TikTok Ban

ByteDance Reaches Deal With Investors to Avert US TikTok Ban

TikTok's Chinese parent company, ByteDance, has signed binding agreements with a group of US and international investors to restructure ownership of the app’s American business, a move aimed at preventing

Bankers’ Committee Unveils Revamped National Theatre, Restoring National Pride

Bankers’ Committee Unveils Revamped National Theatre, Restoring National Pride

The Bankers' Committee is nearing the completion of an ambitious renovation project that promises to restore the National Theatre in Iganmu, Lagos, to its former glory. Announcing the progress during

Nvidia CEO Jensen Huang Embraced as Tech Rockstar During Visit to Taiwan

Nvidia CEO Jensen Huang Embraced as Tech Rockstar During Visit to Taiwan

June 7, 2024 - Jensen Huang, CEO of Nvidia, received a hero's welcome in Taiwan, his birthplace, as the company soared to become America's second most valuable entity, surpassing Apple.

TikTok Fined $368 Million in Europe for Failing to Protect Children

TikTok Fined $368 Million in Europe for Failing to Protect Children

TikTok, the popular social media platform, has been slapped with a hefty €345 million ($368 million) fine by a major European tech regulator over allegations of insufficient measures to safeguard

Spotify Slams Apple’s “Outrageous” 27% Commission

Spotify Slams Apple’s “Outrageous” 27% Commission

Music streaming giant Spotify has launched a scathing critique against Apple for imposing new transaction fees of up to 27% in the US, labelling it as "outrageous" and accusing the

White House Raises Alarm Over Alleged AI Theft by Chinese Firms

White House Raises Alarm Over Alleged AI Theft by Chinese Firms

The White House has warned of what it describes as large-scale efforts by foreign actors to extract and replicate American artificial intelligence (AI) technology, pledging closer collaboration with U.S. tech

ChatGPT Warning Knocks $1 Billion Off Market Caps of Education Giants Pearson and Chegg

ChatGPT Warning Knocks $1 Billion Off Market Caps of Education Giants Pearson and Chegg

Shares in US-listed education firm Chegg and London-listed textbook publisher Pearson tumbled today - each seeing roughly $1 billion (£803 million) knocked off its market cap - after the former

Microsoft Considers Launching Indiana Jones Game on PS5 as Part of New Multi-Platform Strategy

Microsoft Considers Launching Indiana Jones Game on PS5 as Part of New Multi-Platform Strategy

Microsoft is reportedly contemplating bringing Bethesda's highly anticipated Indiana Jones and the Great Circle game to Sony's PlayStation 5 console. Initially revealed during Microsoft's Xbox Developer Direct event for Xbox

Tencent’s Riot Games Lays Off 11% of Staff Globally

Tencent’s Riot Games Lays Off 11% of Staff Globally

In a significant move affecting its global workforce, Riot Games, the developer behind popular video games like "League of Legends" and "Valorant," is set to lay off approximately 11% of

UPS Plans 30,000 Job Cuts as It Reduces Amazon Deliveries

UPS Plans 30,000 Job Cuts as It Reduces Amazon Deliveries

Global parcel delivery firm UPS has announced plans to cut up to 30,000 jobs this year as it continues to scale back business with Amazon, its largest customer. The company

Queen Elizabeth Makes Surprise Appearance at Opening of New London Train Line

Queen Elizabeth Makes Surprise Appearance at Opening of New London Train Line

Britain's Queen Elizabeth II made a surprise public appearance at the opening of a long-awaited train line in London on Tuesday.The monarch, walking with a stick, wore a bright yellow

Parents Sue OpenAI, Claiming ChatGPT Encouraged Teen’s Suicide

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

Oreo Production Resumes in Ukraine as Mondelez Rebuilds War-Damaged Factory

Oreo Production Resumes in Ukraine as Mondelez Rebuilds War-Damaged Factory

Mondelez International has successfully resumed production of Oreo cookies in Ukraine, following extensive repairs to its plant in Trostyanets, which was severely damaged during Russia’s invasion nearly two years ago.

Netflix Debunks Exit Rumours, Reaffirms Commitment to Nigeria

Netflix Debunks Exit Rumours, Reaffirms Commitment to Nigeria

Streaming giant Netflix has addressed recent speculations suggesting it plans to exit the Nigerian market due to economic challenges and regulatory pressures. Responding to the claims, Netflix dismissed the rumours,

Meta Stock Climbs After Company Posts 11% Revenue Growth

Meta Stock Climbs After Company Posts 11% Revenue Growth

On Wednesday, Meta, the parent company of Facebook, released its financial results for the second quarter ending in June, surpassing Wall Street's expectations. The company reported a revenue of $32

The Activision Blizzard Acquisition Will be Good for Gamers and Sony

The Activision Blizzard Acquisition Will be Good for Gamers and Sony

Whilst Microsoft and Sony going back and forth with various self-serving claims has been cause for some amusement, thankfully the end is in sight. The job of regulators is to

IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth

IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth

The International Monetary Fund (IMF) has appointed Tony Elumelu, the Founder and Group Chairman of Heirs Holdings, to its Advisory Council on Entrepreneurship and Growth. The council, convened by IMF

Twitter is Now Showing Everyone How Many Views Your Tweets Get

Twitter is Now Showing Everyone How Many Views Your Tweets Get

Twitter announced that view counts for tweets are now visible on iOS and Android and that they’ll be coming soon to the web (I’ve already started to see them there).

Google Faces £13.6 Billion Lawsuit Over Alleged Adtech Market Dominance

Google Faces £13.6 Billion Lawsuit Over Alleged Adtech Market Dominance

Google is set to face a £13.6 billion lawsuit after a court ruled that it must answer allegations of anti-competitive behaviour in the online advertising market. The case, initiated by

Microsoft, OpenAI, and Anthropic to Train 400,000 U.S. Teachers in AI Through $23M Initiative

Microsoft, OpenAI, and Anthropic to Train 400,000 U.S. Teachers in AI Through $23M Initiative

Three of the biggest names in artificial intelligence - Microsoft, OpenAI, and Anthropic - are joining forces with major teachers’ unions to launch a nationwide training program that will help

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