Australia Bans DeepSeek on Government Devices Over Security Concerns
The Australian government has officially banned the use of DeepSeek on all government devices, citing national security risks associated with the Chinese artificial intelligence startup behind the technology. In a
Ford’s EV Charging Deal With Tesla Puts Pressure on GM, Other Rival Automakers
In a surprising development, Ford Motor and Tesla have entered into a deal concerning electric vehicle (EV) charging technology and infrastructure. This collaboration has the potential to create new challenges
Amazon Prime Subscription Price Raised by £1 a Month
Amazon is set to increase the price of its Amazon Prime service for UK customers. From September 2022, monthly subscriptions will go up £1 to £8.99 monthly and annual membership
Kenya Fines Loan App Over Debt Shaming
The Kenyan authorities have penalised an online lender $3,700 (£3,400) over allegations of intruding and sharing customers’ personal data. It followed complaints lodged against it by users over personal data
Google Messages to Introduce WhatsApp Video Calling Feature
Google Messages is reportedly developing a feature that would allow users to initiate WhatsApp video calls directly from the app. The feature, discovered in the app’s latest code, is not
TSMC Commits Additional $100bn to Expand US Chip Production
Taiwanese semiconductor giant TSMC has announced plans to invest an additional $100 billion in its US operations, significantly expanding its manufacturing footprint in Arizona as demand for advanced chips continues
Meta Officially Launches Twitter Rival Threads
Meta, the parent company of Facebook, has launched its latest app, Threads, in a direct challenge to Twitter's real-time conversation space. The app, which bears many similarities to Twitter in
China’s EV Takeover: Innovation, Intrigue, and the Global Power Shift on Four Wheels
It’s sleek, compact, and unmistakably futuristic. In China, it’s affectionately named the Seagull, a budget electric vehicle that zips through city streets with angular curves and headlights that seem to
Judge Blocks Elon Musk’s Multibillion-Dollar Tesla Pay Package Again
A Delaware court has once again blocked Tesla CEO Elon Musk’s massive compensation plan, estimated at $101 billion in stock options, despite approval from Tesla shareholders earlier this year. The
Elon Musk Challenges SEC Over Fine Linked to Twitter Share Purchases
Elon Musk is once again at odds with the U.S. Securities and Exchange Commission (SEC), revealing that the agency has demanded he pay a fine related to his 2022 purchase
Nigerian Government Launches Free Conversion of 150 Commercial Vehicles to CNG in Kaduna
In response to the rising cost of Premium Motor Spirit (PMS), also known as fuel, the Nigerian Federal Government has begun converting 150 commercial vehicles in Kaduna State to run
Germany Risks Falling Back into Recession as Car Industry Sputters
Europe's largest economy, Germany, experienced a significant decline in industrial production in June, with a sharp 1.5% drop compared to the previous month. The slump was primarily driven by a
Tech Layoffs are Becoming the New Normal
Tech industry layoffs are surging in 2024, defying expectations amid substantial cash reserves accumulated by many firms. While last year's job cuts were attributed to economic pressures from inflation and
Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance Ads
Renowned footballer Cristiano Ronaldo is confronting a class action lawsuit in the United States regarding his promotion of Binance, the world's largest cryptocurrency exchange. Plaintiffs allege that Ronaldo's endorsement persuaded
Is China Quietly Pulling Ahead In The Global AI Race?
On the surface, Pinterest looks like a digital mood board for dreamers and trend hunters. Every month, hundreds of millions of users scroll through the platform in search of fashion
South African Billionaire Now Richest Person in Africa After Dangote’s Wealth Drops by $2.80bn
Aliko Dangote, who was previously the richest man in Africa, has been displaced by South African billionaire Johann Rupert, according to the Forbes Billionaire Ranking. Dangote's net worth has dropped
Kim Kardashian’s Skims Reaches $5 Billion Valuation
Kim Kardashian’s shapewear label, Skims, has reached a new milestone, securing a $5 billion (£2.93 billion) valuation following a fresh $225 million funding round. The latest investment - which includes
OpenAI’s Sora Video App Hits 1 Million Downloads in Under Five Days, Stirring Copyright Debate
OpenAI's latest innovation, Sora, has stormed to over one million downloads in less than five days - a milestone it reached even faster than the company’s viral chatbot, ChatGPT, did
Advertisers Plan to Withdraw from X in Record Numbers
A record number of companies are planning to reduce their advertising on X, formerly known as Twitter, due to concerns over extreme content potentially harming their brand image. According to
Swatch Defends Watch Launch After Crowds Trigger Chaos At Stores Worldwide
Swatch chief executive Nick Hayek Jr has defended the company’s latest product launch after large crowds caused disruptions at several stores across the world. The chaos followed the release of
