Amazon Reportedly Considering Purchase of AMC Entertainment
Amazon is reportedly weighing the purchase of AMC Entertainment and its nationwide chain of movie theaters as a means of promoting Amazon’s content and other services. The Intersect reported that
Google’s Android Security Update May Require Users to Upgrade Devices
Google is ramping up security measures for Android, but the changes could leave millions of users needing a new phone within the next 12 weeks. The tech giant recently outlined
Nigerian Breweries Surpasses ₦1 Trillion in Revenue Amid Rising Costs and Economic Pressures
Nigerian Breweries Plc has made history by recording ₦1.1 trillion in revenue for the 2024 financial year, marking the highest-ever earnings in the company’s nearly eight-decade existence. The milestone was
Apple CEO Tim Cook’s Visit to China Raises Some Eyebrows
Apple (AAPL) CEO Tim Cook gave a show of support for China as a market and manufacturing base during a visit to Beijing Saturday, even as trade and tech sector
China to Impose Export Restrictions on Antimony, Escalating Critical Mineral Controls
China has announced new export restrictions on antimony and related elements, citing national security concerns in its latest move to tighten control over critical minerals where it holds a dominant
Support for TikTok Ban Declines as Fewer Americans See It as a Threat
Public support for a TikTok ban in the United States is weakening, with fewer Americans viewing the app as a security risk, according to a new Pew Research Center survey.
Just 4% of CEOs are Prioritizing Bringing Workers Back into the Office Full Time
In a recent survey conducted by The Conference Board, it was disclosed that a mere 4% of CEOs in the United States and globally are prioritizing a complete return to
I Won’t Pay N18 Million Tax, Iyabo Ojo Tells Lagos Govt
Prominent Yoruba Nollywood actress, Iyabo Ojo takes a stand against the excessive tax levy imposed by the Lagos State Government. In a recent Instagram post, she expressed her refusal to
Diageo Ends its 15-Year Partnership With Diddy Following Lawsuit
Diageo, the spirits maker, has terminated its 15-year partnership with Sean "Diddy" Combs, following a recent racial discrimination lawsuit and allegations of neglect and underpromotion of his DeLeón tequila, which
Netflix is Testing a New OpenAI-Powered Search
Netflix has begun testing a new search feature powered by OpenAI technology, aiming to give subscribers a more intuitive and personalised way to find content on the platform. According to
Meta Settles Social Media Addiction Lawsuit With US School District
Meta has reached a settlement with a school district in the United States that accused social media companies of contributing to a growing mental health crisis among students. The case
Disney Agrees to Pay $43 Million to Settle Lawsuit Alleging it Paid Men More Than Women
Disney has agreed to a $43 million settlement in response to allegations that it paid female employees less than their male counterparts in comparable roles over nearly a decade. The
New Porsche Mistakenly Put on Sale at Bargain Price in China
Potential car buyers in China have found that an online advert for a luxury sports car was just too good to be true. As reported by BBC, a Porsche dealership
Nike Set to Reintroduce Iconic Air Max Plus in “Hyper Blue” Colorway
Renowned for its bold style and unmatched comfort, the Nike Air Max Plus is gearing up for a comeback with the much-anticipated "Hyper Blue" colourway. This iconic sneaker, celebrated for
Kraft Heinz Shelves Breakup Plan, Announces $600m Turnaround Investment
Kraft Heinz has abandoned plans to split its business in two, opting instead to keep its portfolio of brands under one roof as it works to revive slowing sales. The
Nvidia Shares Dip Despite Record-Breaking AI Chip Sales
Shares in Nvidia took a hit despite the company surpassing expectations by reporting record revenues of $30 billion for the three-month period ending July 28. The AI chip giant, which
Macy’s Announces Closure of 150 Stores Amid Restructuring Plan
Macy's, under new CEO Tony Spring's leadership, is set to close approximately 150 underperforming stores over the next three years, about 30% of its total fleet, to ensure its relevance
Iran Lifts Ban on WhatsApp and Google Play
Iran has lifted its ban on WhatsApp and Google Play in what state media describes as the first step toward easing internet restrictions in the country. The decision, announced Tuesday,
Bob Iger Made $31.6 Million as Disney’s CEO Last Year
Bob Iger, the Chief Executive Officer of Disney, saw a substantial increase in his compensation, totalling $31.6 million for the year 2023, marking a significant boost from his earnings in
Intel Shares Surge Amid Reports of Potential US Government Stake
Intel's stock price climbed more than 7% on Thursday after reports emerged that the US government may be considering taking a stake in the semiconductor giant. Bloomberg reported that the
