Snap Inc Announces Layoffs, Cutting 10% of Global Workforce, Approximately 500 Jobs
Snap Inc, the parent company of Snapchat, has revealed plans to lay off 10% of its staff, impacting around 500 global full-time employees. The tech firm joins the recent trend
Samsung Galaxy S24 Series Leaked Marketing Materials Reveal Pioneering Features
As anticipation builds for the release of the Samsung Galaxy S24 Series, leaked marketing materials provide a sneak peek into the groundbreaking features that Samsung is poised to deliver. The
Hooters Files for Bankruptcy, Plans to Restructure and Continue Operations
Hooters, the restaurant chain known for its iconic orange uniforms and all-female wait staff, has filed for bankruptcy, the company announced Monday. Despite the filing, the decades-old brand assured that
Nvidia is Suddenly in Trouble
Nvidia, the AI chipmaking giant, has encountered a major setback after a historic drop in its stock value. On Tuesday, the company's share price plummeted by 9.5%, wiping out an
Toyota to Adopt Tesla’s Charging Standard for Electric Vehicles
Toyota, one of the world's leading automakers, has announced its decision to switch to Tesla's charging standard for its electric vehicles (EVs) sold in the United States. Starting in 2025,
Candy Kittens Set to Acquire UK Snack Brand Graze from Unilever
British TV personality Jamie Laing's vegan confectionery brand, Candy Kittens, is poised to take over UK snack company Graze in a new deal involving its parent company and Unilever. The
Apple iPhone Sales Decline in China as Huawei Surges, Report Reveals
According to a report by research firm Counterpoint, Apple experienced a significant decline in iPhone sales in China, with a 24% decrease in the first six weeks of 2024 compared
PwC Chief Warns AI Could Reduce Graduate Hiring as Firm Shifts Focus to Tech Talent
The rapid rise of artificial intelligence could reduce the number of entry-level graduates hired in the coming years, PwC’s global chairman Mohamed Kande has said. Speaking at a business summit
HP Unifies OMEN And HyperX Under Single Gaming Brand
HP Inc. has consolidated its gaming products under one banner, rebranding its portfolio to bring OMEN gaming PCs and displays together with HyperX peripherals under a single master brand, HyperX.
Lyft and Uber to Halt Operations in Minneapolis Over Minimum Wage Law
Rideshare giants Lyft and Uber are set to cease their services in Minneapolis starting May 1, following the city council's decision to override the mayor's veto and implement a new
Baltimore Bridge Collapse: Estimated Insurance Loss Could Reach $3 Billion
A devastating bridge collapse in Baltimore, USA, has prompted predictions of the largest single marine insurance loss in history, according to statements from a British insurance marketplace. Following a tragic
Swish Fusion Launches Two Landmark Events to Foster Collaboration Between Western and Indigenous Markets
Swish Fusion, the leading event platform for Africa's retail, media, and technology sectors, is set to host Swish Fusion Talks, a pivotal event aimed at addressing the barriers hindering successful
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
Lab-Grown Chicken Debuts in San Francisco Restaurant
San Francisco's Bar Crenn has officially introduced cultivated chicken, made from lab-grown cells, to its menu, marking a milestone in the cultivated meat industry; however, the chicken cannot be ordered
Musk Pays Nigerian Twitter Influencers and Content Creators
Some content creators on the social media platform, X, formerly known as Twitter, yesterday, woke up to receive payments for ads displayed on their feeds by the company. The payment,
Sony is Quietly Suggesting PS4 Players Upgrade to PS5 Consoles
Sony appears to be subtly encouraging PlayStation 4 users to move on to its newer PlayStation 5 console, as reports emerge of promotional system messages being sent directly to PS4
Elon Musk Files Lawsuit Against OpenAI and CEO Sam Altman Over Alleged Breach of Contract
Tech mogul Elon Musk has initiated legal action against OpenAI and its CEO Sam Altman, alleging a breach of contract. Musk, who co-founded OpenAI in 2015, contends that the organization
US Court Rules Uber and Lyft Workers are Contractors
A US court has ruled that "gig" economy giants including Uber and Lyft can continue treating their workers as independent contractors in the state of California. As reported on BBC,
Man United For Sale: Glazers Seek World Record Fee
Manchester United's owners, the Glazer family, are looking for a world record price for a sports franchise if they are to sell the club, sources have told ESPN. As reported
Swire Coca-Cola Investigates Carbon Dioxide Leak at Hong Kong Plant, Ensures Safety Measures
Swire Coca-Cola has launched an investigation into a carbon dioxide leak at its plant in Hong Kong, assuring that no injuries were reported during the incident. The leak was confirmed
