Flutterwave CEO Highlights Fintech’s Role In UK–Nigeria Economic Talks
The Chief Executive Officer of Flutterwave, Olugbenga Agboola, has underscored the growing importance of financial technology in strengthening economic ties between Nigeria and the United Kingdom, following high-level engagements in
Meta Settles Social Media Addiction Lawsuit With US School District
Meta has reached a settlement with a school district in the United States that accused social media companies of contributing to a growing mental health crisis among students. The case
HP CEO Says Customers Shunning Company’s Supplies are “Bad Investments”
In a recent interview, HP CEO Enrique Lores defended the company's ink subscription model and firm policy of mandating the use of its own cartridges, stating that customers opting for
Meta Acquires AI Start-up Manus in Deal Valued at Over $2bn
Meta has agreed to acquire Manus, a Chinese-founded artificial intelligence start-up, in a deal aimed at strengthening the company’s AI capabilities and expanding its work on autonomous digital tools. While
Twitter is Adding Calls and Encrypted Messaging
Twitter has added encrypted messaging to the platform Wednesday, and calls will follow shortly, CEO Elon Musk has revealed via a tweet. “…This will grow in sophistication rapidly. The acid
Shein to Open First Permanent Stores in France
Fast-fashion giant Shein has announced plans to open its first permanent physical outlets, selecting France as the launchpad for the move. The retailer, best known for its low-cost, trend-driven clothing,
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
UK Retailer Wilko Collapses, Putting 12,000 Jobs at Risk
British discount retailer Wilko has made a grim announcement, revealing that it had slipped into administration, a creditor protection measure that casts a shadow over the fate of its 12,000
Amazon’s Project Kuiper to Utilize Space Lasers for Global Internet Connectivity
Amazon is gearing up to revolutionize internet connectivity in space through its Project Kuiper, deploying cutting-edge laser technology for satellite-to-satellite communication. The successful prototype tests have paved the way for
Nvidia CEO Jensen Huang Embraced as Tech Rockstar During Visit to Taiwan
June 7, 2024 - Jensen Huang, CEO of Nvidia, received a hero's welcome in Taiwan, his birthplace, as the company soared to become America's second most valuable entity, surpassing Apple.
Toblerone Can No Longer Claim to be Swiss-Made
Toblerone bars, sold in over 100 countries, can no longer be called Swiss chocolate because the brand’s US owner is moving some production out of Switzerland. As reported on CNN,
Nokia to Cut Up to 14,000 Jobs
In response to a challenging market environment, Nokia has announced a significant cost-cutting drive, including slashing up to 14,000 jobs. This restructuring initiative aims to address a "weaker" market and
White House Insists Elon Musk’s Deals Aren’t Under National Security Review
The White House has said that Elon Musk’s recent deals, including his takeover of Twitter and operations of Starlink internet in Ukraine, are not under national security review. As reported
Apple Removes WhatsApp and Threads from China App Store Following National Security Concerns
In response to directives from China's internet watchdog citing national security apprehensions, Apple has taken the decisive step of removing WhatsApp and Threads from its app store in the country,
Google Employees Scramble for Answers After Layoffs Hit Long-Tenured and recently Promoted Employees
Google employees are scrambling for answers from leadership and from colleagues as the company undergoes a massive layoff. On Friday, Alphabet-owned Google announced it was cutting 12,000 employees, roughly 6%
Ubisoft Confirms Cancellation Of Six Projects As Part Of Company Restructuring
Ubisoft has confirmed the cancellation of six game projects as it continues a broader restructuring effort across its studios, shedding light on titles that had been in development for several
Yum! Brands Considers Selling Pizza Hut Amid Declining U.S. Sales
Yum! Brands, the company behind KFC, Taco Bell and Pizza Hut, is weighing the possibility of selling Pizza Hut as the chain continues to face declining sales and mounting competition
Starbucks Faces Allegations of Exploiting Dark Patterns in Its App, Accumulating Nearly $900 Million
In a surprising turn of events, coffee giant Starbucks is now under scrutiny for allegedly employing dark patterns in its mobile application, a tactic that consumer advocates claim has contributed
Ultimum Limited to Commission New Beverage Plant in Aba
Ultimum Limited is set to commission a new beverage manufacturing facility in Aba, Abia State, marking a major step in its expansion within Nigeria’s fast-moving consumer goods sector. The state-of-the-art
Saudi Arabia is Lifting the Alcohol Ban for Wealthy Foreigners
For years, Riyadh’s Diplomatic Quarter has existed in a world of its own. With tree-lined walkways, embassies, cafés and carefully manicured lawns, the neighbourhood feels noticeably removed from the rhythms
