Trump Media Shares are in Free Fall
Truth Social's parent company, Trump Media & Technology Group, has seen a dramatic decline in its market value. The conservative social media company has experienced a staggering 50% drop in
PlayStation CEO Reaffirms Importance of Consoles Despite Evolving Gaming Habits
Sony Interactive Entertainment President and CEO, Hideaki Nishino, has reiterated his belief that dedicated gaming consoles remain central to the gaming experience, even as the industry continues to expand across
X Promises Faster Action Against Hate And Terror Content In UK
Social media platform X has committed to taking quicker action on reports of suspected illegal hate speech and terrorist content in the United Kingdom under new measures accepted by media
Kanye West Reveals He Was ‘2 Months From Going Bankrupt’ After Adidas Termination
Kanye West, amidst facing consequences for his controversial remarks, has revealed the financial hardship he endured following the termination of his partnership with Adidas. The rapper, known for his polarizing
Software-Defined Vehicles Get a Push from Arm and Cadence
The automotive industry is undergoing a significant transformation, with the emergence of software-defined vehicles (SDVs) at the forefront. However, this shift has been accompanied by challenges, including lengthy development cycles
Wipro Invests $1 Billion to Train Entire Staff in Artificial Intelligence
Wipro, one of India's leading software services providers, has unveiled its ambitious plan to equip its entire workforce with artificial intelligence (AI) skills. The company announced on Wednesday that it
Lawyers Demand $7 Billion in Fees After Challenging Musk’s Tesla Pay Package
A Delaware judge is considering a record-setting $7 billion request for attorney fees from three law firms that successfully contested Elon Musk’s $56 billion pay package from Tesla. The firms,
Meta Begins Removing Under-16s From Instagram and Facebook Ahead of Australia’s New Social Media Ban
Meta has begun removing Australian users under the age of 16 from Instagram, Facebook and Threads, days before the country’s groundbreaking social media age ban takes effect. The tech company
Meta Stock Surges 14% After Announcing First-Ever Dividend and Strong Quarterly Earnings
Tech giant Meta experienced a substantial stock surge of over 14% in after-hours trading on Thursday following its robust quarterly earnings report, surpassing Wall Street expectations and marking a remarkable
Novo Nordisk Sues Eli Lilly Over Weight-Loss Drug Advertising Claims
Novo Nordisk, the manufacturer of Wegovy and Ozempic, has filed a lawsuit against rival pharmaceutical company Eli Lilly, accusing it of misleading consumers by suggesting its weight-loss and diabetes drugs
4chan and Kiwi Farms Sue Ofcom in U.S. Over UK Online Safety Act
The operators of controversial online forums 4chan and Kiwi Farms have filed a lawsuit in the United States against UK regulator Ofcom, challenging its authority to enforce the Online Safety
From Freiburg to Faraway Futures: How Germany’s Labour Crisis is Opening Doors for Young Indians
On a quiet day in February 2021, an email landed in the inbox of a German trade official - and with it, the seed of an unlikely solution to one
McDonald’s Loses EU Trademark for Chicken Big Macs
In a significant ruling, McDonald's has lost its exclusive rights to the "Big Mac" trademark for chicken burgers in the European Union. The EU's highest court determined that the fast-food
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
Samsung Profit Falls 55% as AI Chip Race Intensifies
Samsung Electronics has reported a sharp 55% drop in second-quarter operating profit, falling to ₩4.7 trillion ($3.4bn) from ₩10.4 trillion ($7.5bn) a year earlier, as the company continues to lose
Downing Street Labelled ‘the Most Lawbreaking Workplace in Britain’
In light of receiving more than 100 fines dished out to people working in Downing Street for Partygate breaches of Covid laws, Scotland Yard revealed today. In the first update in
FTC Sues Uber Over Alleged Deceptive Subscription Practices
The Federal Trade Commission (FTC) has filed a lawsuit against Uber, accusing the ride-hailing giant of deceptive billing and obstructive cancellation practices tied to its Uber One subscription service. Filed
China Tightens Export Rules for Crucial Rare Earths
China has announced stricter export regulations on rare earth materials - essential components in the production of high-tech goods such as semiconductors, electric vehicles, and defense equipment. The move, unveiled
Nvidia Identifies Huawei as Key Competitor in AI Chip Sector
Nvidia, a leading technology company based in Santa Clara, has recognized Huawei as a significant competitor in several crucial areas, particularly in the production of processors vital for artificial intelligence
Outraged First Bank Shareholders Seek to Stop ‘Strange’ N350bn Private Placement
Shareholders of First Bank, Nigeria's oldest financial institution, are raising alarms over plans to execute a private placement valued at ₦350 billion. Many believe the move, spearheaded by Femi Otedola,