Elon Musk Confirms $16.5B Chip Deal Between Tesla and Samsung
Tesla CEO Elon Musk has announced a $16.5 billion agreement with Samsung Electronics to supply chips for the U.S. automaker’s future vehicles. The deal is set to boost Samsung’s struggling
Sony Secures Rights for Film Depicting 1980s Pepsi-Coke Rivalry, “Cola Wars,” for Nearly $1 Million
Sony Pictures Entertainment has made a substantial acquisition, procuring the script for "Cola Wars," a forthcoming film centered on the fierce competition between soda giants Pepsi and Coca-Cola. Although the
Capcom Announces New Mobile Strategy Game, Resident Evil: Survival Unit
Capcom has unveiled the latest addition to its Resident Evil franchise - a mobile real-time strategy game titled Resident Evil: Survival Unit, set to launch on iPhone and Android devices.
Elon Musk Under Federal Investigation Related to Twitter Deal
The $44 billion acquisition of Twitter Inc. by Elon Musk is the subject of a federal inquiry, the social media firm revealed in a court document made available on Thursday.
Musk Escalates Feud with OpenAI, Threatens Apple Over App Store Coverage
Elon Musk, the owner of X (formerly Twitter), reignited his public feud with OpenAI and took aim at Apple this week, accusing the tech giant of blocking competition within its
Average US Gasoline Price Jumps 33 Cents to $4.71 Per Gallon
The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon.Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the
Jury Awards Apple $250 in Patent Dispute Against Masimo Over Smartwatch Design
A federal jury in Delaware awarded Apple $250 in damages after finding that Masimo, a health-monitoring tech firm, infringed on two of Apple's design patents with its W1 and Freedom
Apple and Goldman Sachs Fined $89 Million Over Apple Card Failures
Apple and Goldman Sachs have been ordered to pay a combined $89 million in penalties by the U.S. Consumer Financial Protection Bureau (CFPB) due to mishandling issues related to the
Hormone-Treated Beef Will Mot Enter UK After US Deal, Says Government
The UK government has moved to allay concerns about food safety following a new trade agreement with the United States that allows for an increase in tariff-free beef imports. Officials
Fisker’s Luxury Electric SUV Now Available for $25,000 Amid Company’s Financial Woes
California-based electric vehicle manufacturer Fisker is offering its luxury electric SUV, the Ocean, at an unprecedented price of $25,000, marking a significant discount from its original sticker price. However, potential
Heineken Announces £39m Investment to Reopen Over 60 Closed Pubs
Heineken, the brewing giant, has revealed plans to inject £39 million into its UK pub chain, Star Pubs, with the aim of reopening 62 pubs that had been closed in
First Bank Secures Approval for 43-Storey Headquarters at Eko Atlantic
First Bank of Nigeria has received official approval from the Lagos State government to commence the construction of its 43-storey headquarters at Eko Atlantic City in Lagos. The certificate of
Apple CEO, Tim Cook Agrees to a Massive Pay Cut
Apple CEO Tim Cook recommended the company cut his pay this year after shareholders rebelled. As reported by CNN, the world’s largest tech company said it would reduce Cook’s target
23andMe Fined £2.3m Over Major UK Data Breach That Exposed Sensitive Genetic Details
The UK’s data protection watchdog has fined DNA testing firm 23andMe £2.31 million for failing to adequately protect the personal information of thousands of users affected by a major data
Google DeepMind Unveils Veo 2, Its Latest AI Video Model to Rival OpenAI’s Sora
Google DeepMind has introduced Veo 2, its latest AI video generation model, just days after OpenAI’s widely discussed Sora made headlines. The unveiling marks Google’s determined push to take the
Hermès Won Its Case Against an Artist Who Sold NFTs of Its Iconic Birkin Bags
Hermès has secured the bag. The French fashion house has prevailed in its fight against an artist who was selling NFTs of the iconic Birkin bag, The Wall Street Journal
Twitter’s Future is in Doubt as Threads Tops 100 Million Users
Twitter's future hangs in the balance as the launch of rival app Threads from Meta threatens its already struggling business, with the new app surpassing 100 million users in less
Toyota Recalls Electric Cars Over Concerns About Loose Wheels
Automobile giant, Toyota is recalling 2,700 of its first mass-produced all-electric vehicles over concerns that wheels of the cars risk falling off. According to a spokesperson who spoke to the
Twitter-Musk Takeover Dispute Heading For October Trial
A judge in the United State has ordered that the lawsuit between social media giant, Twitter and American billionaire and businessman Elon Musk go to trial in October 2022. This
Hong Kong to Lure Tourists With Free Air Tickets
Hong Kong says it will give away 500,000 airline tickets, worth HK$2bn ($254.8m; £224.3m), as it tries to boost its Covid-hit tourism industry. As reported by BBC, the city rolled
