Kakao Founder Arrested on Stock Manipulation Charges
Kim Beom-su, the billionaire founder of South Korean tech giant Kakao Corp, was arrested on Tuesday over allegations of manipulating stocks during the acquisition of a K-Pop agency last year.
McDonald’s Says Middle East Turmoil is Hurting its Business
Fast-food giant McDonald’s has reported that its business is being affected by the escalating tensions in the Middle East. While announcing overall growth in sales and earnings for the fourth
Altman Sounds Alarm on Looming AI-Fueled Fraud Crisis
OpenAI CEO Sam Altman has issued a stark warning about a fast-approaching "fraud crisis," raising concerns that artificial intelligence could soon make it nearly impossible to tell real people from
Pepsi Withdraws as UK Festival Sponsor After Kanye West Backlash
Pepsi has withdrawn as the lead sponsor of the upcoming Wireless Festival in London following backlash over the booking of rapper Kanye West - also known as Ye - as
Apple Announces Product Event for Next-Generation iMacs
Apple is set to hold its second product event of the season, following the recent launch of the iPhone 15 lineup, with the focus likely on unveiling new iMac computers
Raspberry Pi’s Stock Skyrockets as Investors Flock to Tiny Computer Maker
Investors are eagerly embracing the shares of Raspberry Pi, a British manufacturer of compact computers, following its debut on the London Stock Exchange on Tuesday. Raspberry Pi's stock surged by
Air Travel Disrupted Following Iran’s Airstrikes on Israel; Airlines Suspend and Reroute Flights
In the aftermath of Iran's recent airstrikes on Israel, airline passengers are grappling with cancellations and disruptions to flights bound for Israel and neighbouring regions. The attacks, which marked Iran's
Google Play Gets a New Logo for its 10-Year Anniversary
Google has slightly tweaked the overall shape of its Google Play logo to celebrate its 10-year anniversary. However, the most notable changes are the less vibrant colors that more closely
Peacock is Getting its First-Ever Price Hike
Peacock, the popular streaming service owned by NBCUniversal, has announced its first-ever price hike, affecting both its premium and premium plus subscription tiers. New users will now have to pay
Nigeria Customs Service Surpasses N5 Trillion Revenue Target for 2024
The Nigeria Customs Service (NCS) has reached its 2024 revenue target of N5.07 trillion, marking a milestone in the agency's financial achievements. Comptroller General of Customs, Bashir Adeniyi, announced the
Forza Horizon 5 Reportedly Sells 2 Million Copies on PS5 in Just One Month
A former Turn 10 Studios employee has reportedly revealed that Forza Horizon 5 sold approximately two million copies on PlayStation 5 within its first month on the platform - a
Big Tobacco Posts Warning Signs at 220,000 US Stores, Wrapping Up Ongoing Lawsuit Since 1999
The largest tobacco manufacturers will be required to prominently display warning signs about the dangers of cigarette smoking in over 200,000 stores across America startinon July 1, 2023. This was
Transactions Above N500,000 Can Lead to Trouble – Police Warn POS Operators
The Delta State Police Command has issued a strict warning to Point of Sale (POS) operators, cautioning them against processing transactions exceeding N500,000, due to the risk of being linked
Airbnb Sues New York City Over its Short-Term Rental Restrictions
Airbnb has taken legal action against New York City in a lawsuit filed challenging the city's restrictions on short-term housing rentals. The lawsuit specifically targets the Short-Term Rental Registration Law,
YouTube Premium Subscription Prices Increase Across Global Markets
YouTube has announced another round of price increases for its Premium subscription services across several regions, including North America, South America, Europe, Asia-Pacific, and the Middle East. The latest adjustment
Why Nike, Starbucks and Boeing Have Lost Their Magic
Three of America’s iconic brands - Starbucks, Nike, and Boeing - are grappling with significant challenges as they aim to restore their standing in their respective markets. With new CEOs
Tokyo Introduces Instant Fines for Littering in Busy Tourist District
Authorities in Tokyo have begun enforcing on-the-spot penalties for littering in the popular district of Shibuya as part of efforts to address growing waste management concerns linked to rising tourist
Thames Water Faces Uncertainty as £4bn Rescue Deal Collapses
The future of Thames Water, the UK’s largest water utility, is once again in jeopardy following the withdrawal of private equity firm KKR from a crucial £4 billion funding agreement.
Paramount Clears Path for $111bn Warner Bros Deal
Paramount Skydance has emerged as the frontrunner to acquire Warner Bros Discovery after Netflix formally withdrew from the bidding process, ending months of competition for the Hollywood studio. Warner Bros
Kiekie Joins Maltina to Launch Nationwide School Tour Focused on Nourishing Young Minds
Popular Nigerian media personality and brand ambassador Oluwabukunmi Adeaga-Ilori, widely known as Kiekie, has partnered with malt beverage brand Maltina to kick off a nationwide school outreach programme aimed at
