YouTube Creators Added £2.2bn to UK Economy in 2024, Report Finds
YouTube content creators generated £2.2 billion for the UK economy last year and supported 45,000 jobs, according to a new report by Oxford Economics. The findings were released alongside the
Nike Announces Job Cuts, Aiming to Trim Costs by $2 Billion
Nike is set to reduce its workforce by approximately 2%, or close to 1,700 employees, as part of its cost-cutting strategy aimed at slashing up to $2 billion in expenses.
Ban, Google Restriction May Impact Loan App Operations Adversely, Say Watchers
Analysts believe that the recent ban and Google restrictions on loan apps’ ability to access customers’ data will have a significant impact on digital lending platforms that rely on accessing
Audi to Cut 7,500 Jobs Amid Challenges in Germany’s Auto Industry
Audi has announced plans to cut up to 7,500 jobs at its German facilities by 2029, citing increasing economic pressure and the need to transition to electric vehicle (EV) production.
Holcim Announces Exit from Nigeria After 65 Years, Focuses on High-Growth Markets
Swiss building materials giant Holcim is set to withdraw from Nigeria after 65 years, citing a strategic shift toward high-growth regions and sustainable solutions. The company plans to sell its
Pizza Hut Tests Underground Deliveries Ahead of ‘Teenage Mutant Ninja Turtles’ Movie Release
Pizza Hut announced that it served its signature dish to select customers in the New York City subways as a promotion for the upcoming film "Teenage Mutant Ninja Turtles: Mutant
OpenAI Secures $40 Billion to Advance AI Research
OpenAI, the company behind ChatGPT, has raised $40 billion in fresh funding to accelerate artificial intelligence research, expand its computing infrastructure, and enhance its technology offerings. Announcing the investment in
This Woman Charges $480 an Hour to Help Gen Z and Millennial Workers Overcome Their Fear of Talking on the Phone
Mary Jane Copps founded a consultancy called The Phone Lady 16 years ago to assist businesses in enhancing their employees’ phone abilities. She told Insider, “Gen Z has never had
Bumble to Cut 30% of Workforce Amid Struggles to Revive Growth
Dating app company Bumble Inc. has announced plans to cut approximately 30% of its global workforce - roughly 240 jobs - as it grapples with slowing growth and declining investor
White House Insists Elon Musk’s Deals Aren’t Under National Security Review
The White House has said that Elon Musk’s recent deals, including his takeover of Twitter and operations of Starlink internet in Ukraine, are not under national security review. As reported
Como 1907 and Adidas Forge Path with Multi-Year Partnership
Como 1907 Football Club has entered into an exciting new chapter with global sportswear giant Adidas, announcing a multi-year partnership set to commence from the 2024/25 season. This collaboration will
Reddit’s $6.4 Billion IPO Marks Major Milestone in Social Media
Reddit, the globally renowned social media platform, has made a significant leap into the public market with the finalization of its initial public offering (IPO), boasting a valuation of $6.4
Growing Trend: Super-Rich Demand Unprecedented Customization for Their Rolls-Royces and Lamborghinis
Luxury automakers, including Lamborghini, Ferrari, Bentley, and Rolls-Royce, are experiencing heightened demand for extreme levels of personalization from the super-wealthy. Despite global economic fluctuations, these automakers are thriving as the
Netflix’s Ad-Supported Plan Surges to 23 Million Monthly Users
Netflix's ad-supported tier has witnessed a substantial growth, reaching over 23 million monthly active users, according to Amy Reinhard, the streaming service's President of Advertising. This marks an increase of
Louis Vuitton Enlists Basketball Prodigy Victor Wembanyama as Newest Ambassador
Louis Vuitton, the renowned French luxury brand, has welcomed French basketball sensation Victor Wembanyama into its esteemed roster of brand ambassadors. The move marks a strategic expansion of Louis Vuitton's
Google Messages to Introduce WhatsApp Video Calling Feature
Google Messages is reportedly developing a feature that would allow users to initiate WhatsApp video calls directly from the app. The feature, discovered in the app’s latest code, is not
Tesla Considers Door Handle Redesign After Reports of Passengers Trapped in Burning Cars
Tesla is exploring a redesign of its car door mechanisms following multiple incidents where passengers were reportedly trapped inside vehicles during emergencies, including fires, due to rescuers being unable to
163 Chinese Workers Found in “Slavery-Like Conditions” at BYD Construction Site in Brazil
Brazilian labour officials discovered 163 Chinese nationals working under "slavery-like conditions" at a construction site for a factory owned by Chinese electric vehicle manufacturer BYD in Bahia state, according to
From Grand Theft Auto Glory to Game Studio Turmoil: Leslie Benzies Faces Fallout After MindsEye Collapse
Leslie Benzies, the celebrated producer behind Grand Theft Auto V, is facing mounting criticism after the disastrous launch of his new studio’s debut game, MindsEye. Three weeks after its release
Starbucks Brings Back Pumpkin Spice Latte Earlier Than Ever, Marking Autumn Menu Launch
Starbucks is bringing the popular Pumpkin Spice Latte (PSL) back to its U.S. menus earlier than ever, starting this Thursday. The fan-favourite fall beverage is returning two days ahead of
