Spirit Airlines Rejects Frontier’s Takeover Bid Again
Spirit Airlines has once again turned down an acquisition offer from Frontier Group, stating that the $2.16 billion bid does not provide as much value to shareholders as its ongoing
UK Surpasses One Million Electric Cars Sold Since 2002, Calls for Tax Cuts Amidst Sales Dip
Despite a significant drop in new electric vehicle (EV) registrations, the UK celebrated the milestone of reaching one million electric cars on its roads last month, according to recent figures.
CEO Zhao Calls Binance Nigeria Limited Scam Entity
The chief executive officer (CEO) of Binance, Mr Changpeng “CZ” Zhao, has called Binance Nigeria Limited a scam entity, noting that the cryptocurrency exchange has issued a cease and desist
CrowdStrike Defends Actions Amidst Delta’s Service Outage Allegations
CrowdStrike has responded strongly to Delta Air Lines' CEO Ed Bastian's allegations that the cybersecurity firm was responsible for a massive service disruption that cost the airline $500 million. In
Instagram Begins Shutting Down Australian Teen Accounts Ahead of Nationwide Under-16 Social Media Ban
Instagram, Facebook and Threads have begun alerting young Australian users that their accounts will soon be deactivated, as the country prepares to enforce a sweeping ban on social media use
Hackers Allegedly Steal N2.9bn From Flutterwave
Reports have it that ₦2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave. As reported on PUNCH, the tech giant’s counsel, Albert Onimole, reported the case
Stellantis Recalls 375,000 Jeep Plug-In Hybrids Over Fire Risk, Advises Owners to Park Outside
Automaker Stellantis is recalling approximately 375,000 Jeep plug-in hybrid SUVs worldwide due to a battery defect linked to vehicle fires. The company is urging affected owners to park their vehicles
ASICS Unveils Refreshing “Sprite” Colorway for GEL-Kayano 14
ASICS is welcoming the warmer months with a vibrant new edition of one of its most beloved silhouettes, the GEL-Kayano 14. Drawing inspiration from the fizzy freshness of lemon-lime soda,
Drake Sues UMG, Spotify Over Alleged Boosting of Kendrick Lamar’s Diss Track
Canadian rapper Drake has filed lawsuits against Universal Music Group (UMG) and Spotify, accusing them of manipulating streaming figures to artificially promote Kendrick Lamar’s diss track, Not Like Us. The
Warner Bros Tells Shareholders to Reject Paramount Skydance Takeover Bid
Warner Bros Discovery has urged its shareholders to reject a revised takeover proposal from Paramount Skydance, describing the offer as “inferior” and not in their best interests. This marks the
The US Economy Added 139,000 Jobs in May, Slightly More Than Expected
The U.S. economy added 139,000 jobs in May, a modest gain that slightly exceeded expectations but signaled a continuing slowdown in the labor market, according to data released Friday by
Tesla Halts Cybertruck Deliveries Over Loose Trim Issue
Tesla has temporarily halted deliveries of its Cybertruck due to concerns over loose trim pieces, marking yet another challenge for the electric pickup. Reports indicate that parts of the truck’s
Five Global Carmakers Face Trial in London Over Alleged Emissions Cheating
A major class-action lawsuit has opened at the High Court in London against five of the world’s leading car manufacturers accused of using illegal software to cheat emissions tests. The
Meta Considers Shutting Down Facebook and Instagram in Nigeria Over $300 Million in Fines
Social media giant Meta is considering halting its operations in Nigeria after being hit with nearly $300 million in fines by multiple regulatory bodies in the country. The penalties stem
Elon Musk Booed Off Stage at a Dave Chappelle Show
Elon Musk joined Dave Chappelle on stage Sunday in San Francisco, home of Twitter’s headquarters where the world’s richest person recently laid off many of its employees. It went about
Cold Calling to be Banned Under Government Plan to Target Scammers
Cold calls offering financial products will be banned under government plans aimed at stopping fraudsters from tricking people into buying fake investments. Rishi Sunak said the move was needed to
Twitter Debuts a Mid-Tier Data Access Plan, to Almost Immediate Backlash
Twitter introduced a new data access tier called "Pro" in an attempt to attract startups after facing backlash for implementing a paywall for developers and researchers. However, some critics argue
Judge Approves Liquidation of Alex Jones’ Personal Assets, Rejects Infowars Bankruptcy Plan
A Texas bankruptcy judge has ruled against the proposed liquidation of Alex Jones' company, Free Speech Systems, which owns Infowars. Instead, the judge has approved the liquidation of Jones' personal
Apple’s 2025 MacBook Pro to Feature M5 Chip but No Redesign
Apple is expected to release a MacBook Pro powered by the M5 chip in fall 2025, but a major design overhaul will likely be postponed until late 2026, according to
TikTok Founder Becomes China’s Richest Man
Zhang Yiming, co-founder of ByteDance, the parent company of the popular social media app TikTok, has ascended to the top of China's wealth rankings, with his fortune now valued at
