Rolls-Royce Eyes Top Spot in UK Market with Nuclear-Powered AI Push
Rolls-Royce chief executive Tufan Erginbilgic says the company’s nuclear technology could propel it to become the most valuable business in Britain, overtaking giants such as Shell and AstraZeneca. The engineering
Shipping Costs From Iran Conflict Will Be Passed to Consumers, Maersk CEO Says
Rising transportation costs caused by the conflict involving Iran are likely to be passed on to consumers worldwide, according to the chief executive of global shipping giant Maersk. Vincent Clerc
Shell and Partners Accused of Diverting $1 Billion Insurance Claim for Bonga Oil Spill Victims
The Oil Spill Victims Vanguard (OSPIVV) has raised serious allegations against Shell Trading and Shipping Company Limited (STATSCO) and its partners for allegedly diverting a $1 billion insurance indemnity meant
White House Accuses China Of ‘Industrial-Scale’ AI Model Copying
The White House has accused foreign entities, primarily based in China, of conducting large-scale efforts to replicate advanced American artificial intelligence models. In a memo, Michael Kratsios said the campaigns
Tropicana is in Big Financial Trouble
For decades, Tropicana has been a household name, synonymous with fresh, premium orange juice. But today, the brand is facing a perfect storm of financial distress, supply chain disruptions, and
Google Loses Landmark Antitrust Case Over Search Dominance
In a landmark decision, a federal judge has ruled that Google violated U.S. antitrust laws by maintaining an illegal monopoly in the search engine market. The ruling, delivered on Monday
The Battery Revolution Is Here But Apple and Samsung Are Still Chasing Thinness
For more than a decade, smartphone brands have insisted that thinner is better. Slimmer silhouettes, lighter frames, and ultra-minimalist designs have dominated keynotes and marketing campaigns. But in 2025, something
Daily Telegraph to Be Acquired by U.S. Firm RedBird After Prolonged Ownership Uncertainty
U.S. private equity firm RedBird Capital has struck a deal to take control of the Daily and Sunday Telegraph, ending a two-year period of ownership uncertainty for the iconic British
Sony Invests $10 Million in African Entertainment Industry to Fuel Growth
Sony Corporation, the renowned Japanese tech giant, has announced a significant investment of $10 million in the flourishing African entertainment industry. This strategic move aligns perfectly with the industry's growing
EU Launches Probes into Apple, Google, and Meta for Potential Violations of Digital Markets Act
The European Union has initiated investigations into tech giants Apple, Google, and Meta, the parent company of Facebook, over suspicions of non-compliance with the newly implemented Digital Markets Act (DMA),
British Airways Owner IAG Reports First Profit Since Pandemic Began
British Airways owner IAG has recorded a profit for the first time since the beginning of the Covid-19 pandemic, despite the wave of challenges it has had to contend with
Job-Listing Company Indeed to Lay Off 2,200 Employees
Job listing website Indeed.com will cut approximately 2,200 employees, representing almost 15% of its total workforce, the company has announced, as reported on CNN. “The cuts come from nearly every
FTC Sues to Block Microsoft’s $69 Billion Acquisition of Activision Blizzard
The Federal Trade Commission has sued to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging one of the largest tech acquisitions in history. The administrative complaint filed by the
Disney’s Iconic Early Mickey Mouse Set to Enter Public Domain on January 1
As the New Year approaches, a significant milestone is on the horizon for Disney enthusiasts and copyright aficionados alike. On January 1, 2024, an early iteration of Disney's beloved character,
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
Disney Settles With Former Marvel Exec Victoria Alonso Over Sudden Firing
The Walt Disney Company has settled with former Marvel Studios VFX chief Victoria Alonso after pink-slipping her last month. While details between Alonso and Disney are confidential, there was a
Tesla Approved as Official Chinese Government Vehicle
For the first time, Tesla has been included in a Chinese government purchase list, as reported by state-owned media outlet Paper.cn. Tesla is the only foreign-owned electric vehicle (EV) brand
Usain Bolt Reportedly Lost Millions in $1.2 Billion Jamaican Wealth Management Fraud
Usain Bolt, the legendary Jamaican sprinter, was reportedly caught up in a massive employee fraud scheme that resulted in over $1.2 billion in stolen funds from a wealth management company,
Pepsi and EMPIRE Unveil Groundbreaking Pepsi Music Academy for Emerging Afrobeats Talents
In a landmark development for the Nigerian music industry, Pepsi, a leading cola brand, and global music industry giant EMPIRE have joined forces to introduce the Pepsi Music Academy. This
Heineken Unveils 45cl Bottle and Exclusive 45 Collection at Lagos Fashion Week 2024
Lagos Fashion Week 2024 showcased the best of Nigerian innovation and style, with Heineken taking centre stage through the launch of its stylish 45cl bottle and the exclusive Heineken 45
