Cyber-Attack Cripples Jaguar Land Rover Production at UK Plants
Jaguar Land Rover (JLR) has suffered a major cyber-attack that has brought its vehicle production to a standstill, severely disrupting operations at its two main UK factories and retail business.
PepsiCo Moves to Cut Snack Prices After Shoppers Push Back on Costs
PepsiCo has announced plans to reduce the prices of several of its best-known snack brands, including Doritos, Lay’s and Cheetos, in response to growing consumer frustration over rising food costs.
How the Warner Bros Deal Could Reshape Media
Hollywood has seen no shortage of mergers, but the proposed takeover of Warner Bros by Paramount Skydance stands out for the scale of its potential impact. If approved by regulators,
Adidas Clearing Out More Yeezy Shoes in Second Wave
Adidas is making a significant move to clear out the remaining inventory of its once-lucrative collaboration with Ye, the former Kanye West. The sportswear giant has faced pressure from investors
Tech Firms Shift to Remote Work Amid Iran Conflict
Major technology companies are activating emergency measures across the Middle East as hostilities involving the United States, Israel and Iran intensify, prompting concerns about staff safety and potential supply disruptions.
Nvidia to Resume AI Chip Sales to China After U.S. Government Approval
Nvidia has announced plans to restart sales of its high-performance AI chips to China, following confirmation that the U.S. government will issue the necessary export licenses. In a blog post,
Anthropic Urges AI Industry to Develop Safeguards as Self-Improving Systems Near Reality
Artificial intelligence company Anthropic has warned that AI technology is advancing at a pace that could soon allow systems to improve themselves without direct human involvement, raising concerns about safety,
NIVEA Empowers Child Cancer Survivors with ₦16.4 Million Back-to-School Fund
In a remarkable act of compassion and social responsibility, Beiersdorf Nigeria, makers of NIVEA, has partnered with The Dorcas Cancer Foundation to support child cancer survivors with a ₦16.4 million
World’s Tallest Wooden Tower to be Built in Australia
Western Australia is on track to potentially host the world's tallest wooden building, as authorities in Perth have given approval for a 191.2-meter-tall (627-foot) "hybrid" tower constructed using mass timber.
Fired Disney Employee Gets 3 Years in Prison for Hacking and Changing Menus
A former Disney worker has been sentenced to three years in federal prison for hacking into the company’s internal systems and tampering with restaurant menus in ways that could have
Infinix Unveils NOTE 60 Ultra As Flagship Push Into Premium Segment
Infinix has introduced its latest flagship smartphone, the Infinix NOTE 60 Ultra, marking a significant move into the premium device category. The device was unveiled at the Mobile World Congress
Chinese Automakers Could Enter U.S. Market Within A Decade, Analysts Say
Chinese-made vehicles may begin appearing in U.S. showrooms sooner than many consumers expect, as automakers from the world’s largest car-producing nation increasingly signal interest in manufacturing inside the United States.
Zenith Bank Expands UK Footprint With Manchester Branch Launch
Zenith Bank Plc has announced the opening of a new branch in Manchester, United Kingdom, marking a major step in its international expansion strategy. The official launch, scheduled for March
Tech Giants Like Meta, Google to be Forced to Pay for Australian News
Australia has announced new regulations that will require major tech companies, including Meta and Google, to financially compensate Australian media outlets for news content shared on their platforms. The initiative,
US Tech Firm Fined for Discriminatory Job Posting
Arthur Grand Technologies, a Virginia-based IT services firm, has been fined $38,500 for a job advertisement that specified only white, US-born applicants. The US Department of Justice announced the penalty,
Meta Removes Ads Targeting Social Media Addiction Lawsuits
Meta has taken down advertisements from law firms seeking clients for potential lawsuits related to social media addiction across its platforms, including Facebook and Instagram. The move follows recent legal
Cyberattack Disrupts Wall Street, Knocks Systems Offline
EquiLend, a prominent Wall Street firm processing trillions of dollars in securities transactions monthly, has fallen victim to a cyberattack, disrupting some of its systems, the company confirmed on Wednesday.
Amazon’s Stock Surges as Q2 Earnings Show Profit and Sales Jump
Amazon (AMZN) has witnessed a massive surge in sales during the second quarter of 2023, driven by robust demand for its wide range of products and services. The company's sales
Massive Wall Street Layoffs Feared as Banking Profits Tank
There have been whispers of an impending freeze on hiring and even layoffs across financial firms as soaring interest rates and recession fears have tanked appetites for mergers, IPOs and
Mike Lynch’s Estate and Former CFO Ordered to Pay Over £700m to HP Enterprise, UK Court Rules
The estate of late tech entrepreneur Mike Lynch and his former business partner, Sushovan Hussain, have been ordered to pay more than £700 million to Hewlett Packard Enterprise (HPE) by
