Amount UK’s Richest Pay in Income Tax Revealed
The UK’s wealthiest 60 individuals collectively paid more than £3 billion in income tax during the 2021/22 fiscal year, new figures reveal. Each of these individuals earned at least £50
US Stocks See Worst First Half Drop in More Than 50 Years
Stocks in the United States of America have seen their worst first half of a year since 1970 even as concerns continue to grow over how steps to curb inflation
Qatar Airways to Exit Cathay Pacific Stake After Eight Years
Qatar Airways is set to divest its entire shareholding in Cathay Pacific, bringing an end to an eight-year investment in Hong Kong’s flagship airline. The Qatari carrier will sell its
Tesla Stock is About to Get Much Cheaper
Coming in the heels of information made public by American automotive company, Tesla, the company's stock is on the verge of becoming cheaper and more affordable.The company has announced that
Meta Platforms Stock Hits 15-Month High After Earnings Crush Estimates, Expenses Drop
Meta Platforms (META) stock rose more than 14% on Thursday after the company reported first quarter results late Wednesday that blew away expectations while raising its forecast for the current
UK Retreats from Apple Encryption Demand, Says US Intelligence Chief
The United Kingdom has backed away from its demand that Apple create a backdoor to access encrypted data of users worldwide, according to the US director of national intelligence. In
Tech Giants Pour Billions Into AI Race as Spending Hits Record Levels
Global technology leaders Meta, Alphabet, and Microsoft are ramping up spending on artificial intelligence (AI) as competition intensifies to dominate the rapidly expanding sector. The massive investments, revealed in fresh
ChatGPT Set To Introduce Adverts For Some Users
OpenAI has announced plans to begin displaying adverts on ChatGPT for certain users, marking a major shift in how the popular AI tool is monetised. The trial phase will initially
Swatch Pulls Controversial Ad After Backlash in China
Swiss watchmaker Swatch has apologised and withdrawn an advertising campaign after sparking outrage in China over imagery deemed offensive. The ad, which showed a male model stretching the corners of
Google Loses in Local Search to Instagram, TikTok Among Gen Z
In a significant shift in consumer behaviour, Instagram and TikTok have emerged as the preferred platforms for local search among Gen Z, surpassing Google's dominance in this demographic segment, according
Why Major Commercial Real Estate Firms are Joining Resources to Recruit Black Student-Athletes
Darius Livingston, a former football player who graduated from the University of California, Davis, found a new career path in commercial real estate after participating in Project Destined, a paid
Activision Blizzard Probes Cyberattack Linked to Cheating Software
Gaming giant Activision Blizzard is currently investigating a cyberattack targeting players of its popular titles, with hackers exploiting cheat software to pilfer login credentials and sensitive information from unsuspecting users.
Apple Faces Stock Decline as Barclays Downgrades Amid iPhone 15 Sales Concerns
On the first trading day of the new year, Apple witnessed a decline in its stock value, exerting downward pressure on the overall US stock market and interrupting the formidable
Oraimo Announce Exciting Partnership With Burna Boy & Bring More Attention to HavyBass Technology
A Burna Boy and Oraimo collaboration is surely one that nobody expected but one that should be well received. As reported by BellaNaija, Burna Boy announced the partnership on his
Nike Hopes for Smoother Rollout of ‘Lost and Found’ Jordan 1
Nike looks set to re-release the Air Jordan 1 "Lost & Found." The company had earlier used its SNKRS app to poll users on their reaction to a potential restock
Amazon Reports 14% Revenue Surge Fueled by Strong Holiday Sales
E-commerce giant Amazon has experienced robust revenue growth, driven by a surge in holiday shoppers during the last quarter, according to the company's latest financial report. The report, released on
South Korea’s Amazon equivalent Coupang Confirms Major Data Breach Affecting Nearly 34 Million Accounts
South Korean e-commerce giant Coupang has confirmed a massive data breach that may have exposed personal details from almost 34 million customer accounts, prompting a national investigation and renewed scrutiny
British Gas Owner, EG Group, Holland & Barrett Fined for Underpaying Workers
The UK government has fined nearly 500 companies, including Centrica - the parent company of British Gas - Euro Garages (EG Group), and Holland & Barrett, for failing to pay
LEGO and Nike Team Up for Exciting New Sneaker-Inspired Collection
LEGO and Nike are stepping into new territory with the launch of a highly anticipated collaboration that blends streetwear culture and creative play. The debut collection includes sneaker-themed LEGO sets
Former MIT Students Charged with Stealing $25 Million in Cryptocurrency in Seconds
Two former Massachusetts Institute of Technology students have been arrested on charges of orchestrating a sophisticated scheme that exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12
