Samsung Forecasts Record Profit as AI Chip Demand Drives Earnings Surge

Samsung Forecasts Record Profit as AI Chip Demand Drives Earnings Surge

Samsung Electronics expects a sharp rise in quarterly earnings, forecasting a nearly 19-fold increase in operating profit as strong global demand for artificial intelligence (AI) memory chips continues to boost

Riots in France Have Already Cost Businesses More Than $1 Billion

Riots in France Have Already Cost Businesses More Than $1 Billion

"Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting,"

Heineken Taps WPP to Power Global Shopper Marketing and Commerce Strategy

Heineken Taps WPP to Power Global Shopper Marketing and Commerce Strategy

Heineken has deepened its long-standing relationship with WPP, naming the global advertising and communications giant as its exclusive partner for shopper marketing and commerce across its flagship beer brands -

Tems, Oshoala, Ayra Starr on Forbes 30 Under 30 List

Tems, Oshoala, Ayra Starr on Forbes 30 Under 30 List

Seven Nigerians have been named among Forbes’s 30 Under 30 newest self-made young African innovators. Forbes is an American business magazine owned by Integrated Whale Media Investments and the Forbes

Bud Light Falls to Third Place in US Beer Sales

Bud Light Falls to Third Place in US Beer Sales

Bud Light, once the leading beer in the United States, has now slipped to third place in the market following a challenging year marked by a significant boycott. According to

Boeing Starliner Returns to Earth, but Without Astronauts

Boeing Starliner Returns to Earth, but Without Astronauts

Boeing's Starliner spacecraft returned to Earth following an autonomous journey from the International Space Station (ISS), but without the astronauts it was meant to carry home. NASA astronauts Butch Wilmore

Anthropic Co-Founder Calls for AI ‘Brake Pedal’ as Technology Advances

Anthropic Co-Founder Calls for AI ‘Brake Pedal’ as Technology Advances

A senior executive at artificial intelligence company Anthropic has urged governments and policymakers to develop mechanisms that can slow the pace of AI development when necessary, warning that the technology

Abu Dhabi Pushes Tourism Ambitions Despite Iran War Tensions

Abu Dhabi Pushes Tourism Ambitions Despite Iran War Tensions

Even as conflict involving Iran sends shockwaves across the Middle East, Abu Dhabi is refusing to slow its ambitious tourism expansion plans. The capital of the United Arab Emirates has

Ford Won’t Drop Apple CarPlay, Android Auto In Its Vehicles

Ford Won’t Drop Apple CarPlay, Android Auto In Its Vehicles

In today's age of mobile technology, almost every brand-new vehicle you can buy in showrooms comes with Apple CarPlay and Android Auto connectivity. It's the current gold standard, and Ford

Nike Channels Citrus Vibes with Upcoming Total 90 III ‘Sprite’ Release

Nike Channels Citrus Vibes with Upcoming Total 90 III ‘Sprite’ Release

Nike is giving sneaker fans a fizzy dose of nostalgia with a bold new take on the revived Total 90 III silhouette. Nicknamed the “Sprite” for its lemon-lime-inspired colour scheme,

Volvo Cars to Cut 3,000 Jobs Amid Industry-Wide Struggles

Volvo Cars to Cut 3,000 Jobs Amid Industry-Wide Struggles

Volvo Cars has announced plans to cut approximately 3,000 jobs, with most of the layoffs affecting office-based employees in Sweden. The move comes as part of a broader cost-cutting initiative

Elon Musk Delays India Visit, Citing Tesla Commitments

Elon Musk Delays India Visit, Citing Tesla Commitments

Elon Musk, the CEO of Tesla, has announced the postponement of his planned visit to India, citing pressing obligations at Tesla as the reason for the delay. Scheduled for next

Oscars to Move From ABC to YouTube Streaming in 2029

Oscars to Move From ABC to YouTube Streaming in 2029

The Academy Awards will shift to exclusive streaming on YouTube beginning in 2029, marking a major change in how one of Hollywood’s most prestigious events reaches audiences worldwide. The Academy

Meta Releases Clues on How AI is Used on Facebook and Instagram

Meta Releases Clues on How AI is Used on Facebook and Instagram

In response to the increasing demand for transparency in artificial intelligence, Meta has unveiled a range of tools and information designed to help users understand how AI influences the content

FCMB Collect Helps Businesses Streamline Payments and Improve Cash Flow Management

FCMB Collect Helps Businesses Streamline Payments and Improve Cash Flow Management

First City Monument Bank (FCMB) has highlighted the growing importance of digital payment solutions for businesses, positioning FCMB Collect as a tool designed to help enterprises improve collections, reduce payment

Microsoft Signs Deal for A.I. Computing Power With Nvidia-Backed CoreWeave That Could be Worth Billions

Microsoft Signs Deal for A.I. Computing Power With Nvidia-Backed CoreWeave That Could be Worth Billions

Microsoft is reportedly set to spend potentially billions of dollars over several years on cloud computing infrastructure from startup CoreWeave, which recently raised $200 million in financing. CoreWeave offers simplified

Robotaxi Glitch Disrupts Traffic In Wuhan, Raises Safety Concerns

Robotaxi Glitch Disrupts Traffic In Wuhan, Raises Safety Concerns

A widespread malfunction involving self-driving taxis brought traffic to a standstill in the Chinese city of Wuhan, after dozens of autonomous vehicles abruptly halted in the middle of busy roads.

Lawyers Demand $7 Billion in Fees After Challenging Musk’s Tesla Pay Package

Lawyers Demand $7 Billion in Fees After Challenging Musk’s Tesla Pay Package

A Delaware judge is considering a record-setting $7 billion request for attorney fees from three law firms that successfully contested Elon Musk’s $56 billion pay package from Tesla. The firms,

NNPC Withholds N13.7 Trillion in Revenue from Federation Account

NNPC Withholds N13.7 Trillion in Revenue from Federation Account

The Nigerian National Petroleum Company Limited (NNPCL) has failed to remit N13.763 trillion in revenue to the Federation Account, according to a document from the Federal Accounts Allocation Committee (FAAC)

China to Roll Out Centralized Internet ID, Sparking Fresh Concerns Over Online Freedom

China to Roll Out Centralized Internet ID, Sparking Fresh Concerns Over Online Freedom

China is set to introduce a new centralized internet identification system in mid-July, further tightening its grip on the digital space and intensifying concerns over privacy, surveillance, and freedom of

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