Meta To Test Premium Subscriptions Across Instagram, Facebook And WhatsApp
Meta Platforms is preparing to trial paid subscription options across Instagram, Facebook and WhatsApp, marking its latest push to expand revenue beyond advertising. The technology company said the proposed subscriptions,
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
Southwest Airlines Ends Open Seating Policy, Introduces Assigned Seats and Red-Eye Flights
Southwest Airlines is making a historic shift in its seating policy, moving away from its long-standing open seating arrangement to a new assigned seating system. This change, which marks the
US Government Sues to Break Up Ticketmaster and Live Nation in Historic Monopoly Case
In a landmark antitrust lawsuit, the US government, along with numerous states, has taken legal action against Live Nation, the parent company of Ticketmaster, alleging that it has monopolized the
Warner Bros. Discovery Reports Narrowed Loss Despite Industry Challenges
Warner Bros. Discovery, facing ongoing challenges in the media industry, revealed a significantly reduced loss in the final quarter of 2023 compared to the same period the previous year. However,
General Mills Sells North American Yogurt Division in $2.1 Billion Deal to Refocus on Core Brands
General Mills, the food giant behind popular brands like Cheerios, announced plans to sell its North American yoghurt business to two French dairy companies, Groupe Lactalis and Sodiaal, in a
Toyota to Adopt Tesla’s Charging Standard for Electric Vehicles
Toyota, one of the world's leading automakers, has announced its decision to switch to Tesla's charging standard for its electric vehicles (EVs) sold in the United States. Starting in 2025,
UK Crypto Users Required to Share Account Details With Tax Authorities From January
Cryptocurrency users in the UK are now required to provide their account details to tax officials or risk financial penalties, following new rules that took effect on 1 January. The
Twitter May be Worth Only a Third of its Pre-Musk Value, Fidelity Says
A Fidelity fund has significantly reduced its valuation of Twitter, suggesting that the social media platform may be worth only a third of its value compared to when Elon Musk
PepsiCo Reports Mixed Quarterly Results as U.S. Demand Weakens
PepsiCo Inc. reported its quarterly earnings on Thursday, revealing a mixed performance driven by declining consumer demand in North America for its beverages and snacks. The beverage and snack giant
Zenith Bank Denies Fake Investment Endorsement
Zenith Bank has warned the public to ignore videos circulating online that falsely link its Group Chairman, Jim Ovia, to an investment scheme known as Wealth Bridge. In a statement
Tesla Smashed it Last Quarter But China’s BYD Did Even Better
BYD outpaced Tesla in the second quarter as the Chinese carmaker posted record sales of hybrid and electric vehicles. Between April and June, BYD (BYDDF) sold more than 700,000 vehicles,
India’s Competition Regulator Greenlights $8.5 Billion Reliance-Disney Mega Merger
India's competition watchdog has given provisional approval to an $8.5 billion (£6.43 billion) merger between Disney and Reliance Industries, setting the stage for the creation of India's largest entertainment conglomerate.
Adidas Taps Samuel L. Jackson and Missy Elliott to Celebrate the Timeless Power of the Superstar
In a world where trends rise and fall faster than a TikTok scroll, Adidas Originals is hitting pause - and rewind - on the clock. To mark the latest chapter
Qing Madi Named Face of Infinix HOT 70 Pro as Brand Targets Nigeria’s Gen Z Market
Nigerian music star Qing Madi has been unveiled as the official face of the new Infinix HOT 70 Pro, as the smartphone maker launches a youth-focused campaign centred on creativity,
Globacom Introduces 200% Data Bonus for New MiFi Customers
Telecommunications giant Globacom has launched a 200% data bonus offer for customers purchasing MiFi devices at Gloworld outlets across Nigeria. In a statement released on Monday, the company announced that
Police to Go After Producers of Plate Numbers that Change Automatically | Watch Video
The Nigeria Police Force has vowed to go after producers of plate numbers that can automatically change. A video of a car with a technology that helps switch its plate
Sainsbury’s Agrees £120 Million Sale of Argos to Swift Partners
Sainsbury's has reached an agreement to sell retailer Argos to Swift Partners for £120 million, marking the end of a lengthy effort by the supermarket group to divest the business
World Bank Team Visits NEMA To Boost Disaster Preparedness in Nigeria
The National Emergency Management Agency (NEMA) has hosted a technical delegation from the World Bank Group as part of ongoing efforts to strengthen disaster preparedness and response systems in Nigeria.
When Social Media Meets the Courtroom: Snapchat Faces Fresh Lawsuit Over Child Safety
For years, Snapchat has marketed itself as a platform for spontaneous conversations, disappearing messages and staying connected with friends. Now, the social media giant is once again defending itself against
