Iceland Offers £1 Reward to Shoppers Who Report Shoplifters
Supermarket chain Iceland has launched a new initiative that will see customers rewarded with £1 credit on their Bonus Card if they report shoplifting incidents in-store. The company’s executive chairman,
Tesla Halts German Factory Operations Amid Planned Protests
Tesla has announced the closure of its factory near Berlin, preempting expected protests against the planned expansion of its facility. The decision comes as demonstrators prepare to gather outside the
SEC Seeks Sanctions Against Elon Musk Over Missed Testimony in Twitter Takeover Probe
The U.S. Securities and Exchange Commission (SEC) is seeking sanctions against Elon Musk after he failed to appear for scheduled testimony related to its investigation into his $44 billion acquisition
Mark Zuckerberg’s Wealth Surges Over $28 Billion as Meta Stock Hits Record High
In a financial whirlwind, Meta's founder and CEO, Mark Zuckerberg, experienced a staggering increase of more than $28 billion in his net worth within a single morning. Zuckerberg, already valued
Intel Shares Surge Amid Reports of Potential US Government Stake
Intel's stock price climbed more than 7% on Thursday after reports emerged that the US government may be considering taking a stake in the semiconductor giant. Bloomberg reported that the
Singapore F1 Tycoon Pleads Guilty in High-Profile Corruption Case
Singaporean billionaire and hotel magnate Ong Beng Seng has pleaded guilty to a charge of abetting the obstruction of justice in a rare corruption case that rocked the nation last
ChatGPT Set To Introduce Adverts For Some Users
OpenAI has announced plans to begin displaying adverts on ChatGPT for certain users, marking a major shift in how the popular AI tool is monetised. The trial phase will initially
Novavax Says it is Axing 25% of Its Workforce to Cut Costs
Biotech company Novavax has announced that it will be laying off 25% of its workforce in an effort to reduce expenses. The decision was made to better align the company's
WH Smith to Open More Than 120 New Travel Stores as Sales Surge
WH Smith has revealed plans to open more than 120 new shops after resurgent travel demand helped sales rocket over the past six months. The retailer also saw profits more
Google’s $250M Deal to Fund California Newsrooms Sparks Backlash from Journalists
Google has entered into a groundbreaking agreement with California lawmakers to fund newsrooms across the state, marking the first deal of its kind in the United States. Announced on Wednesday,
Junk Fees: US Names and Shames Airlines Over Family Seating
US airlines are being called out for their family seating fees as calls grow from the Biden administration to cut back on so-called junk fees. As reported on BBC, the
Elon Musk Introduces ‘Grok,’ an AI Chatbot with Sarcasm and Rebellion”
Elon Musk, the owner of X (formerly Twitter), unveiled the arrival of "Grok," an artificial intelligence-powered chatbot with a penchant for sarcasm, akin to Musk's own sense of humor. Musk
AI Chip Boom Sends Nvidia’s Stock Surging After Whopper of a Quarter
The AI boom is here, and Nvidia is reaping all the benefits. Shares of Nvidia (NVDA) exploded 28% higher Thursday after reporting earnings and sales that surged well above Wall
Massachusetts Coffee Shop Goes Viral with Dancing Customers and Free Coffee Offer
A coffee shop in Middleborough, Massachusetts, has gained widespread attention for its unconventional promotion: offering free coffee to customers who perform a five-second dance. Coffee Milano Café's creative campaign went
British Gas Owner, EG Group, Holland & Barrett Fined for Underpaying Workers
The UK government has fined nearly 500 companies, including Centrica - the parent company of British Gas - Euro Garages (EG Group), and Holland & Barrett, for failing to pay
Adidas Says Dropping Kanye West Could Cost it More Than $1 Billion in Sales
Adidas’ breakup with Ye, formerly known as Kanye West, is a pricey one. As reported on CNN, the company warned Thursday that it’s expected to lose $1.3 billion (1.2 billion
Volkswagen Profit Falls 10% as Automaker Weighs Major Global Job Cuts
Volkswagen reported a sharp decline in second-quarter earnings as the German automotive giant moves ahead with a sweeping restructuring plan aimed at strengthening its position against growing competition from Chinese
Sony Hasn’t Been This Hot Since it Made the Walkman
It’s been decades since Sony was this close to the summit. The last time its market value soared so high, the world was spinning to the tunes of the Walkman,
Instagram Reels Evolves Into $50bn Revenue Engine for Meta
Instagram Reels has grown from a rapid response to TikTok’s rise into one of Meta’s most valuable businesses, with the short-form video product now generating an annual revenue run rate
Virgin Orbit Pauses Operations For a Week, Furloughs Nearly Entire Staff as it Seeks Funding
Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding lifeline, people familiar with the matter told CNBC. As reported
