Berkshire Hathaway Shares Rise as Investors Cheer Earnings Beat and Geico’s Quick Turnaround
Berkshire Hathaway's shares rose following a strong earnings report and Warren Buffett's annual shareholder meeting, dubbed the "Woodstock for Capitalists." The company's A shares climbed 2% on Monday, reaching an
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
Tech Layoffs are Becoming the New Normal
Tech industry layoffs are surging in 2024, defying expectations amid substantial cash reserves accumulated by many firms. While last year's job cuts were attributed to economic pressures from inflation and
Jack Dorsey Says Twitter ‘Went South’ After Company’s Sale to Elon Musk
Jack Dorsey has openly criticised the leadership of Twitter’s current chief Elon Musk in a new unfiltered response. Commenting on Friday under a discussion on his new social media platform
Apple Updates List of Obsolete iPhones: If You Have One, You Will Not be Able to Repair or Update it
In a yearly ritual that echoes the excitement of new product launches, Apple enthusiasts await the unveiling of the latest iPhone models. However, alongside the introduction of new devices, comes
UK Government Boosts Funding for BBC World Service by £33m Over Three Years
The UK government has announced a significant increase in funding for the BBC World Service, committing an additional £33 million over the next three years. Under the new arrangement, the
Germany Introduces New Chancenkarte Visa to Attract Skilled Workers
Germany has launched a new visa program aimed at making it easier for skilled workers from outside the European Union to immigrate. The Chancenkarte, or "Opportunity Card," was introduced to
UK Government Weighs Emergency Support for JLR Suppliers
The UK government is considering emergency measures to support Jaguar Land Rover’s (JLR) suppliers after a major cyber-attack forced the carmaker to suspend production at its factories. The attack, which
China Wants to Limit Minors to No More Than 2 Hours a Day on Their Phones
China is taking steps to address internet addiction among minors by proposing new measures to restrict the amount of time children and teenagers can spend on their mobile devices. The
Nigerian Court Postpones Binance Tax Evasion Trial to April 30
A Nigerian court has postponed proceedings in a tax evasion case against cryptocurrency exchange Binance to April 30, following a legal challenge over the method of serving court documents. The
Elon Musk’s xAI Firm Valued at $24 Billion After Major Investment Boost
Elon Musk’s artificial intelligence company, xAI, has secured an additional $6 billion in funding, elevating its valuation to $24 billion. This significant investment round included contributions from prominent Silicon Valley
Apple Design Icon Sir Jony Ive Joins Forces with OpenAI to Build AI-Centric Devices
Renowned British designer Sir Jony Ive, celebrated for shaping Apple’s most iconic products, is teaming up with OpenAI as the artificial intelligence firm moves to develop its own hardware line.
Adidas Recalls Kobe Sneakers Over Quality Control Issue
Adidas’ plan to re-release one of Kobe Bryant’s signature sneakers went awry last week, when a flaw issue caused the brand to recall pairs, some of which had already been
US Prosecutors Recommend Criminal Charges Against Boeing Over 737 Max Violations
US prosecutors have recommended that the Department of Justice (DoJ) file criminal charges against Boeing. This follows claims that the aircraft manufacturer violated a settlement agreement related to two fatal
Jack Daniel’s Maker Criticizes Canada’s Liquor Ban as Worse Than Tariffs
The CEO of Brown-Forman, the parent company of Jack Daniel’s whiskey, has condemned Canada’s decision to remove American-made spirits from store shelves, calling it a “disproportionate” response to newly imposed
Apple Delays Plan to Make Staff Return to its California HQ 3 Days a Week Indefinitely
Apple has delayed plans to bring workers back to the office three days a week as COVID cases in its home state of California surged once again. The tech company blamed
Paramount Clears Path for $111bn Warner Bros Deal
Paramount Skydance has emerged as the frontrunner to acquire Warner Bros Discovery after Netflix formally withdrew from the bidding process, ending months of competition for the Hollywood studio. Warner Bros
Amazon Accidentally Alerts Staff to Fresh Round of Layoffs
Amazon has inadvertently confirmed another wave of job cuts after an internal email referencing ongoing layoffs was mistakenly shared with employees. The draft message, written by Colleen Aubrey, a senior
Reekado Banks Ventures into Real Estate with Acquisition of 16-Unit Property
Nigerian music sensation Reekado Banks, renowned for his chart-topping hits and accolades, including the prestigious Headies' Next Rated award, has made a significant foray into the real estate sector. Reports
Chili’s Emerges as America’s Hottest Restaurant with Soaring Sales
Casual dining chain Chili’s is experiencing a remarkable resurgence, posting a 31% increase in sales at restaurants open for at least a year in its latest quarter. This marks the
