Alibaba Names New Chairman and CEO in Major Shakeup
Alibaba, the Chinese tech giant, is undergoing its largest shakeup in history with the announcement of leadership changes. Daniel Zhang, the current chairman and CEO, will be replaced by Joseph
Reebok Honors Allen Iverson Documentary With Special Engine A and Answer III Releases
Reebok is paying tribute to basketball legend Allen Iverson with a new footwear collection tied to the release of the Prime Video docuseries Allen Iv3rson, which explores the Hall of
Nvidia Secures Major AI Chip Deals With South Korean Tech Giants
US semiconductor powerhouse Nvidia has announced a series of major partnerships with South Korea’s government and leading corporations, including Samsung, LG, Hyundai, and several others, to supply over 260,000 advanced
Taiwan’s ONGLAISAT Satellite Captures High-Resolution Earth Images
A newly launched Taiwanese observation satellite, ONGLAISAT, has successfully captured high-resolution images of Earth, marking a significant achievement in small-satellite technology. The satellite, built with the help of Japanese startup
WhatsApp Unveils Updated Emoji Reaction Design for Chats and Channels
WhatsApp has introduced a refreshed design for emoji reactions across chats, groups, and channels, improving how users interact with messages on the platform. The update brings a more streamlined and
Apple’s iPhone 14 Plans Just Hit a Huge China Problem
A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy is
Why Major Commercial Real Estate Firms are Joining Resources to Recruit Black Student-Athletes
Darius Livingston, a former football player who graduated from the University of California, Davis, found a new career path in commercial real estate after participating in Project Destined, a paid
BlackRock Acquires Global Infrastructure Partners, Founded by Adebayo Ogunlesi, in $12.5 Billion Deal
BlackRock, the world's largest asset management company, has announced its acquisition of Global Infrastructure Partners (GIP), a firm established by Nigerian investment banker Adebayo Ogunlesi, in a deal valued at
McDonald’s to Create 24,000 Jobs with Expansion in UK and Ireland
McDonald's has announced an ambitious plan to open over 200 new restaurants across the United Kingdom and Ireland, a move expected to generate more than 24,000 jobs. The fast-food giant
Amazon Curbs No-Fee Returns as Retail’s ‘Laissez Faire’ Era Fades
Amazon (AMZN) has built its e-commerce empire by making shopping affordable and foolproof. You didn't like the pan you bought on Amazon? No worries, you had free returns. However, the
Netflix is Testing a New OpenAI-Powered Search
Netflix has begun testing a new search feature powered by OpenAI technology, aiming to give subscribers a more intuitive and personalised way to find content on the platform. According to
Toshiba is Set to Delist in Japan After 74 Years as Part of $14 Billion Deal
Toshiba Corporation has officially announced the successful conclusion of a $14 billion tender offer presented by private equity firm Japan Industrial Partners (JIP). This significant development marks the way forward
Dietrich Mateschitz: Red Bull Co-Owner & Energy Drink Giant Dies Aged 78
Red Bull co-owner Dietrich Mateschitz, a major global business figure as a result of his energy drinks empire, has died aged 78. As reported by BBC, Mateschitz was the driving
Macy’s Announces Closure of 150 Stores Amid Restructuring Plan
Macy's, under new CEO Tony Spring's leadership, is set to close approximately 150 underperforming stores over the next three years, about 30% of its total fleet, to ensure its relevance
SEC Charges Trump Media’s Accounting Firm with “Massive Fraud”
The Securities and Exchange Commission (SEC) levied charges against BF Borgers, the independent accounting firm for Trump Media & Technology Group, accusing it of extensive fraud and operating what it
Canada Shuts Down TikTok’s Business Operations
The Canadian government has ordered the closure of TikTok's business operations in the country, citing significant national security risks. The move, announced on Wednesday, includes the shutdown of TikTok's offices
Apple TV+ Hikes Monthly Subscription Fees Globally, Including UK and US
Apple has raised subscription prices for its streaming platform Apple TV+ across multiple markets, with viewers in the UK and US facing higher monthly costs. In the UK, the monthly
Pepsi, Shaq, and Reebok Collaborate on Sneakers with Built-in Mini Can Compartments
Pepsi has joined forces with Reebok and basketball icon Shaquille O’Neal to introduce the Pepsi 'Sneak'er, a unique pair of Reebok Pump Shaq Attaq shoes featuring a special compartment designed
Jack Dorsey Reveals Whether He Would be Twitter’s CEO Again if Elon Musk Asked
Ever since he founded Twitter, Jack Dorsey remained as the company's CEO for many years until the board ousted him. He was battling against members of that board over a
Google Loses in Local Search to Instagram, TikTok Among Gen Z
In a significant shift in consumer behaviour, Instagram and TikTok have emerged as the preferred platforms for local search among Gen Z, surpassing Google's dominance in this demographic segment, according
