Fendi Acquires Knitwear Supplier Maglificio Matisse
Luxury fashion house Fendi has announced that it has taken a majority stake in Italian knitwear maker, Maglificio Matisse, a key supplier of the LVMH-owned brand for over 15 years
YouTube to Restore Banned Accounts Linked to Covid-19 and 2020 Election Misinformation
YouTube has announced plans to reinstate certain accounts previously banned for repeatedly sharing false information about Covid-19 and the 2020 US presidential election. The decision was revealed in a letter
Anthropic Suspends New AI Models Following US Security Concerns
Artificial intelligence company Anthropic has suspended access to its recently launched AI models, Claude Fable 5 and Mythos 5, after receiving directives from US authorities over potential national security concerns.
Crunch Time: How Fried Chicken Took Over Britain’s High Streets
When Sumayyah Zara Sillah lifts the lid of her takeaway box in Leicester, the smell hits first - spicy, buttery, unmistakably indulgent. Inside are Nashville-style hot chicken tenders, glistening with
PenCom Removes Pre-Approval Requirement to Speed Up Pension Payments
The National Pension Commission (PenCom) has introduced a new policy aimed at accelerating the payment of benefits to Retirement Savings Account (RSA) holders, eliminating the need for prior approval before
Facebook and Instagram to Label All Fake AI Images
Meta, the parent company of Facebook and Instagram, has announced plans to introduce technology capable of detecting and labelling images generated by external artificial intelligence (AI) tools on its platforms.
Elon Musk Pulls Out of $44bn Deal to Buy Twitter
American billionaire businessman, Elon Musk has pulled out of the deal to buy Twitter as he seeks to officially end his $44bn (£36bn) bid to buy the social media brand
Pizza Hut Manager Killed by Co-worker Over $7,000 Inheritance Cheque in Eatery’s Kitchen: Police
Authorities in Wisconsin have charged a Pizza Hut employee with the homicide of his manager, allegedly motivated by a $7,000 inheritance cheque the victim had recently cashed. Kavonn Ingram, 31,
Chevron to Cut Up to 20% of Global Workforce
Chevron has announced plans to lay off 15% to 20% of its global workforce by the end of 2026 as part of a cost-cutting initiative aimed at streamlining operations. The
Newsmax Sues Fox News Over Alleged Anti-Competition Practices
A fierce legal battle is brewing in the U.S. conservative media landscape as Newsmax has filed a lawsuit against Fox News, accusing the dominant network of using its market power
Chevron Announces $53 Billion Deal to Acquire Rival Hess
Chevron Corporation revealed its plans to acquire rival oil company Hess Corporation in a significant consolidation deal. The $53 billion transaction, combined with the assumption of debt, marks yet another
Pepsi Launches Wild Cherry & Cream Soda Following Coke’s Flavor Discontinuation
Pepsi is set to shake up the soda aisle with a new flavour addition, Wild Cherry & Cream. Available in regular and zero-sugar options, the drink will hit shelves starting
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
Elon Musk Suspends Kanye West From Twitter for Inciting Violence
Kanye West has been banned from Twitter again and accused of "inciting violence" over offensive tweets - a month after his account was reinstated. As reported by the BBC, the
Nike Partners with Nigerian Customs Design Company Layerx to Champion Culture and Sustainability
Nike, the world's leading supplier of athletic shoes, has joined forces with Nigerian customs design company Layerx in an exciting partnership aimed at promoting culture and environmental sustainability. This innovative
China Steps Up Efforts to Challenge Nvidia’s Grip on AI Chip Market
China is intensifying its push to rival the United States in advanced semiconductor technology, pouring billions into artificial intelligence (AI), robotics, and high-end chip production - a move that could
Nike Unveils New ACG Izy With Reflective Wrinkled Finish
Nike is adding a bold twist to its outdoor-inspired lineup with the latest version of the ACG Izy, a silhouette known for its Wallabee-like design. Unlike previous editions, which often
US Government and 17 States Sue Amazon in Monopoly Case
In a landmark monopoly case, the US government, along with 17 states, has filed a lawsuit against Amazon, alleging years of abusive economic dominance and unfair competition practices by the
Apple to Unveil First Generative AI iPhone at September 9 Event
Apple has officially announced the date for its next major event, where the highly anticipated iPhone 16 is expected to make its debut. The event, tagged with the theme “It’s
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
