OpenAI Board Rejects Elon Musk’s $97 Billion Takeover Bid
OpenAI’s board has officially rejected a $97.4 billion acquisition offer led by Elon Musk and a group of investors, reaffirming that the artificial intelligence company is not for sale. In
Poppi Just Sold for $1.6 Billion
PepsiCo has announced its acquisition of Poppi, the rapidly growing prebiotic soda brand, in a $1.65 billion deal, further solidifying its push into the health-conscious beverage market. The move aligns
McDonald’s, Apple and Tesla Can’t Bet on Making a Fortune in China Anymore
Western companies, including McDonald’s, Apple, and Tesla, are encountering significant challenges in the Chinese market as an economic downturn and increased competition from local rivals reshape consumer behaviour and market
The US government is Investigating China’s Breakthrough Smartphone
The United States government is actively seeking more information regarding Huawei's latest flagship smartphone, the Mate 60 Pro, which boasts an advanced 5G Kirin 9000s processor. This move comes amid
Netflix is Different Now – and There’s No Going Back
In a transformative shift, Netflix has undergone substantial changes over the past two years to solidify its position as a revenue-driving powerhouse in the highly competitive streaming industry. The streaming
Wall Street Journal: China Bans Use of iPhones for Government Officials
China has reportedly implemented a ban on the use of iPhones by central government officials, according to undisclosed sources cited by The Wall Street Journal. This development has led to
Tony Elumelu Foundation Launches Applications for 2025 Entrepreneurship Programs
The Tony Elumelu Foundation (TEF), a leading force in African entrepreneurship, has officially opened applications for its 2025 Entrepreneurship Programs. Entrepreneurs across the continent now have the opportunity to gain
Hong Kong Stocks Slump on Worries About Chinese Banks, US Interest Rates
Hong Kong stocks suffered their worst day in four months on Thursday, with the Hang Seng (HSI) Index dropping 3%, the largest decline since March, as a result of Goldman
Tesla Faces Challenges as Cybertruck Pricing Drops Amid Market Realities
Tesla, a leader in the U.S. electric vehicle market, is grappling with unexpected challenges following the launch of its highly anticipated Cybertruck. Initially envisioned as a game-changing product, the vehicle's
From 9mm to .50 Cal: Discovering if the Tesla Cybertruck Really is Bulletproof
In a bid to put Elon Musk's bold claims to the test, the YouTube channel JerryRigEverything has subjected the Tesla Cybertruck to a barrage of firearm rounds, ranging from a
Stephen Curry Unveils New Curry Brand Series 7 Sneakers During NBA Playoffs
Golden State Warriors star Stephen Curry took advantage of the NBA Playoffs' massive audience to unveil his latest signature shoe, the Curry Brand Series 7. The new model, according to
Starbucks Ordered to Pay $50 Million to Delivery Driver Burned by Hot Coffee
A California jury has ordered Starbucks to pay $50 million in damages to a delivery driver, Michael Garcia, who suffered severe burns and nerve damage after a hot beverage spilled
Google’s $250M Deal to Fund California Newsrooms Sparks Backlash from Journalists
Google has entered into a groundbreaking agreement with California lawmakers to fund newsrooms across the state, marking the first deal of its kind in the United States. Announced on Wednesday,
Olivia Dean Secures Ticket Refunds After Calling Out ‘Exploitative’ Resale Practices
British singer Olivia Dean has won partial refunds for fans after publicly criticising Ticketmaster and AXS over soaring resale prices for her upcoming North American tour. Some fans discovered that
Value of Small Parcels from China to UK Surges to £3bn Amid Retailer Concerns
The value of small parcels shipped from China to the UK more than doubled in the past year, sparking concerns among British retailers about unfair competition and lost tax revenues.
Warner Bros. Discovery Faces Severe Stock Drop Amid Rapid Decline in Television Business
Warner Bros. Discovery (WBD) is facing increasing financial pressure as its stock took a sharp 10% hit, plummeting to a new low of $6.90 following a dismal second-quarter earnings report.
Jaguar Land Rover to Cut Up to 500 UK Management Jobs Amid Trade Pressure
Jaguar Land Rover (JLR) is set to reduce its UK workforce by up to 500 management roles as part of a voluntary redundancy programme, the company confirmed on Monday. The
Unilever Records N15.1bn Profit
Unilever Nigeria Plc has reported a net profit of N15.1 billion for the 2024 financial year, marking a significant 79% increase from the N8.4 billion recorded in 2023. The company's
Introducing the Nike JA 3
Nike has officially revealed the Ja 3, the latest signature sneaker for NBA star Ja Morant, marking the third instalment in his ongoing collaboration with Nike Basketball. The shoe made
Apple’s VR Headset Gets Closer to Actual Reality
Goodbye iPod, hello Eyes Pod. According to a report by Bloomberg’s Mark Gurman, Apple has demonstrated a new Apple-made VR headset to its board. Such a product has been rumored
