Zuckerberg, Meta Executives Reach Settlement in $8 Billion Facebook Privacy Lawsuit

Zuckerberg, Meta Executives Reach Settlement in $8 Billion Facebook Privacy Lawsuit

Meta CEO Mark Zuckerberg and other top executives have reached a settlement with shareholders over a high-profile lawsuit linked to Facebook’s repeated privacy breaches, including the infamous Cambridge Analytica scandal.

Amazon Reportedly Considering Purchase of AMC Entertainment

Amazon Reportedly Considering Purchase of AMC Entertainment

Amazon is reportedly weighing the purchase of AMC Entertainment and its nationwide chain of movie theaters as a means of promoting Amazon’s content and other services. The Intersect reported that

World Cup Broadcast Rights Unresolved In China And India Weeks Before Tournament

World Cup Broadcast Rights Unresolved In China And India Weeks Before Tournament

Millions of football fans in China and India may be unable to watch the 2026 FIFA World Cup as negotiations over broadcast rights remain unresolved just weeks before the tournament

Tesla Stock Plummets Following Sharp Drop in Quarterly Profit

Tesla Stock Plummets Following Sharp Drop in Quarterly Profit

Tesla's stock took a significant hit on Wednesday, plummeting 12% after the company reported a dramatic drop in second-quarter profits. The electric vehicle (EV) giant faced a more than 40%

LIRS Moves To Debit Employers’ Accounts Over Unremitted Taxes

LIRS Moves To Debit Employers’ Accounts Over Unremitted Taxes

The Lagos State Internal Revenue Service (LIRS) has announced plans to recover outstanding tax liabilities by directing Nigerian banks to debit the accounts of defaulting employers who fail to remit

Elon Musk’s xAI Lays Off 500 Staff in Major Restructuring of Grok Training Team

Elon Musk’s xAI Lays Off 500 Staff in Major Restructuring of Grok Training Team

Elon Musk’s artificial intelligence company, xAI, has carried out a sweeping overnight restructuring of its data annotation division, resulting in the layoff of about 500 employees. The affected team had

Over $600m Stolen From FTX as Crypto Market Loses $201bn

Over $600m Stolen From FTX as Crypto Market Loses $201bn

The market capitalisation of all cryptocurrencies plummeted to $841 billion which was a fall of $201 billion in just seven days. This was caused by the disappearance of more than

Yeezy Stock Sales Improve Outlook for Adidas

Yeezy Stock Sales Improve Outlook for Adidas

Adidas, the German sportswear giant, has raised its earnings outlook for the year after experiencing high demand for its remaining stock of discontinued Yeezy merchandise. The company now anticipates a

Logan Paul Sells Rare Pokémon Card For $16.5m

Logan Paul Sells Rare Pokémon Card For $16.5m

Logan Paul has sold an ultra-rare Pokémon trading card for a record-breaking $16.5m (£12m), making it the most expensive trading card ever sold at auction. The sale was confirmed by

Instagram To Let Parents Block Teens From Chatting With AI Characters

Instagram To Let Parents Block Teens From Chatting With AI Characters

Instagram is set to roll out new parental controls that will allow parents to stop teenagers from chatting with the app’s AI characters, its parent company Meta announced on Friday.

McDonald’s to Create 24,000 Jobs with Expansion in UK and Ireland

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

Infinix and University of Ibadan Unveil Upgraded ICT Student Resource Centre

Infinix and University of Ibadan Unveil Upgraded ICT Student Resource Centre

Infinix, a prominent technology brand committed to empowering today's youth, has inaugurated the newly renovated ICT Student Resource Centre at the University of Ibadan. This significant event, which took place

Tesla Plans Over 10% Global Workforce Reduction Amidst Market Challenges

Tesla Plans Over 10% Global Workforce Reduction Amidst Market Challenges

Tesla, the trailblazer in electric vehicles, is poised to trim over 10% of its expansive global workforce of 140,000 employees, marking a significant restructuring move in response to market dynamics.

Global Cyber Attack Disrupts Thousands Of Universities And Schools Across Multiple Countries

Global Cyber Attack Disrupts Thousands Of Universities And Schools Across Multiple Countries

A large-scale cyber attack has disrupted operations at thousands of universities and schools across the United States, Canada, and Australia after hackers targeted Canvas, a widely used academic software platform.

OpenAI, Maker of ChatGPT, Hit With Proposed Class Action Lawsuit Alleging it Stole People’s Data

OpenAI, Maker of ChatGPT, Hit With Proposed Class Action Lawsuit Alleging it Stole People’s Data

OpenAI, the organization responsible for the widely-known ChatGPT tool, is facing a lawsuit accusing the company of stealing and misusing substantial amounts of personal data obtained from the internet to

Kaspersky Lab to Cease US Operations Following Government Ban

Kaspersky Lab to Cease US Operations Following Government Ban

Russian cybersecurity firm Kaspersky Lab announced it will "gradually wind down" its US operations and lay off its US-based employees following a ban by the Department of Commerce. The move

Time is Running Out to File Claims for Facebook’s $725 Million Data Privacy Settlement

Time is Running Out to File Claims for Facebook’s $725 Million Data Privacy Settlement

The clock is ticking for all individuals who have held a Facebook account in the United States over the past 16 years. With approximately one week left, the opportunity to

Man Utd Returns to Profit as Debt Nears £1.3bn

Man Utd Returns to Profit as Debt Nears £1.3bn

Manchester United has reported a return to operating profit in its latest financial results, even as the club’s overall debt burden climbed to almost £1.3bn. The Premier League side posted

Anthropic Stands Firm on AI Limits in Pentagon Dispute

Anthropic Stands Firm on AI Limits in Pentagon Dispute

Anthropic has said it will not relax safeguards on how its artificial intelligence tools are used, even if that means losing US defense contracts, as tensions escalate with the Pentagon.

PepsiCo Announces Plans for $90 Million Snack Plant in Vietnam

PepsiCo Announces Plans for $90 Million Snack Plant in Vietnam

Global food and beverage giant PepsiCo, Inc. has unveiled its strategic initiative to establish a snack plant in the Ha Nam province of Vietnam. The state-of-the-art facility, slated to be

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