Nike Set to Exit Russia as Resale Contracts End
American sport giant, Nike is on the verge of pulling its brand out of Russia following its stand not to renew Nike's agreements with authorised resellers in Russia.This is coming
Meta Donates $1 Million to Trump’s Inaugural Fund in Bid to Rebuild Relationship
Meta has confirmed a $1 million donation to President-elect Donald Trump’s inaugural fund, marking a significant step in rebuilding ties between the tech giant and the incoming administration. The donation,
Lamborghini Hops on the EV Trend, Revealing its New All-Electric Italian Bull
Lamborghini, the renowned Italian supercar manufacturer, has introduced a tantalizing glimpse into its electrified future with the unveiling of the Lamborghini Lanzador, a cutting-edge electric SUV concept. The Lanzador not
Former Head of Yeezy-Adidas Innovation Lab Secures $6 Million in Funding to Launch Full-Service Sneaker Production Company
Omar Bailey, the former head of the Yeezy-Adidas Innovation Lab, is gearing up to launch BIPOC-led, L.A.-based footwear prototyping lab and venture studio FCTRY LAb with an initial $6 million
Amazon Founder Jeff Bezos Sells Over $4 Billion in Company Shares
Multi-billionaire Jeff Bezos has continued to divest from Amazon, selling a significant portion of his shares in the tech giant, totalling more than $4 billion (£3.2 billion) in recent days.
Warren Buffett’s Berkshire Hathaway Sells Entire Stake in TSMC
Warren Buffett's conglomerate, Berkshire Hathaway, has sold its remaining shares in Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest chipmaker. The announcement was made in a filing indicating that Berkshire
Import bill on Used vehicles in Nigeria drops by 83%
Nigeria's import bill for used vehicles, commonly referred to as "Tokunbo" cars, has seen a dramatic decline, dropping by 83% in the first half of 2024. According to data from
The Dog Who Inspired Dogecoin Has Died
Kabosu, the Shiba Inu who became the face of the viral "doge" meme and the inspiration for the cryptocurrency Dogecoin, has passed away at the age of 18. Her owner,
Barbie Toy Sales Shoot Up 25% After Film’s Success
The blockbuster success of the 'Barbie' movie, which took the global box office by storm shortly after its summer release, is now having a significant impact on Barbie toy sales.
Macy’s Announces Closure of 66 Locations as Part of Turnaround Strategy
Retail giant Macy’s has confirmed the closure of 66 stores across the United States as part of a long-term restructuring plan aimed at revitalizing the struggling brand. The closures, which
Bill Gates Says Top AI Agent Will Replace Search, Shopping Sites
Bill Gates, Microsoft Corp's co-founder, has said that the technology race to win is the development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping
CrowdStrike Faces $60 Million Compensation After Global Outage, But Client Claims Could Be Higher
Cybersecurity firm CrowdStrike has announced it will offer approximately $60 million in credits to customers affected by a massive computer outage last month. The company’s move comes in the wake
Elon Musk Wants to Slash 10% of Tesla jobs, Here’s Why
American billionaire, Elon Musk wants to slash 10% of jobs at his company Tesla over reportedly "having a super bad feeling" about the American economy.In an email he sent to
Billionaire Sir Jim Ratcliffe Acquires 25% Stake in Manchester United
In a significant move for English Premier League soccer club Manchester United, billionaire Sir Jim Ratcliffe, the British petrochemical tycoon, has successfully purchased a 25% stake in the renowned football
Trump Administration Fires Hundreds of Voice of America Staff in Sweeping Overhaul
The Trump administration has dismissed hundreds of journalists from Voice of America (VOA), effectively crippling the U.S. government-funded broadcaster that for decades served as a beacon of independent journalism in
X, Formerly Known as Twitter, May Collect Your Biometric Data and Job History
X, the social media platform formerly known as Twitter, has announced this week that it may now collect biometric and employment-related information from its users, marking an expansion of the
Jeep’s Popularity Declines as Stellantis Faces Pricing and Management Challenges
Once a symbol of rugged capability and American automotive excellence, Jeep has seen a dramatic downturn in popularity under Stellantis, its parent company. The decline is part of a broader
Instagram Begins Shutting Down Australian Teen Accounts Ahead of Nationwide Under-16 Social Media Ban
Instagram, Facebook and Threads have begun alerting young Australian users that their accounts will soon be deactivated, as the country prepares to enforce a sweeping ban on social media use
Billionaire Investor Leon Black is Accused of Raping Teen in Jeffrey Epstein’s NY Townhouse
Billionaire investor Leon Black is facing a new lawsuit accusing him of rape by a woman identified as Jane Doe. The lawsuit alleges that the assault occurred at Jeffrey Epstein's
Geely Launches Second Batch of Satellites to Enhance Navigation for Autonomous Cars
Chinese automaker Geely Holding Group announced the successful launch of 11 low-earth orbit satellites, marking its second dispatch as part of an initiative to bolster navigation capabilities for autonomous vehicles.
