Elon Musk: Tesla to Build New Battery Factory in Shanghai
Elon Musk's electric car maker Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries. The plant in Shanghai will be able
Nigeria Drops Money Laundering Charges Against Binance Executive
Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), has dropped a money laundering case against Tigran Gambaryan, a senior cryptocurrency executive at Binance, to allow him to seek
Even Warren Buffett Thinks His Stock is Too Expensive
Warren Buffett’s Berkshire Hathaway has raised eyebrows by halting its stock buybacks for the first time in six years, despite having more than $325 billion in cash on hand. The
Microsoft to End Office Apps Support on Windows 10 After October 14
Microsoft has announced it will stop supporting Microsoft 365 apps, including Office apps, on Windows 10 devices after October 14, 2025. The move aligns with Windows 10’s scheduled end of
Macy’s Announces Closure of 150 Stores Amid Restructuring Plan
Macy's, under new CEO Tony Spring's leadership, is set to close approximately 150 underperforming stores over the next three years, about 30% of its total fleet, to ensure its relevance
US Court Rules Uber and Lyft Workers are Contractors
A US court has ruled that "gig" economy giants including Uber and Lyft can continue treating their workers as independent contractors in the state of California. As reported on BBC,
Is Elon Musk Worth His $56bn Tesla Pay Package?
In a decisive move, Tesla shareholders have re-approved a multi-billion-dollar pay package for CEO Elon Musk that had previously been struck down by a Delaware judge. The decision was made
Transactions Above N500,000 Can Lead to Trouble – Police Warn POS Operators
The Delta State Police Command has issued a strict warning to Point of Sale (POS) operators, cautioning them against processing transactions exceeding N500,000, due to the risk of being linked
Kanye West Dropped by Balenciaga
Fashion powerhouse Balenciaga has officially severed ties with Kanye West following a series of anti-Semitic posts and other controversial comments from the rapper, according to a report from Women’s Wear
eBay to Pay $3 Million After Former Employees Sent Live Insects and a Bloody Pig Mask to Harass a Couple
eBay has agreed to pay a $3 million criminal penalty in the wake of a harassment campaign orchestrated by former employees against a Massachusetts couple who ran a newsletter critical
iPhone Prices Could Triple to $3,500 If Manufacturing Moves to U.S., Analyst Warns
Amid escalating trade tensions and new tariff policies championed by former U.S. President Donald Trump, a leading tech analyst has warned that the cost of an iPhone could skyrocket to
Adidas Removes Yeezy Products Following Kanye West’s Instagram Rant
Adidas has removed all Yeezy-branded products from its website following a heated Instagram post from Kanye West. The move comes just a day after the 47-year-old artist criticized the company,
Amazon and iRobot Terminate $1.7 Billion Acquisition Deal, Leading to Layoffs and Regulatory Concerns
In a surprising turn of events, Amazon and iRobot have mutually called off their anticipated $1.7 billion acquisition deal, citing various regulatory obstacles. Following this announcement on Monday, iRobot disclosed
US Stocks See Worst First Half Drop in More Than 50 Years
Stocks in the United States of America have seen their worst first half of a year since 1970 even as concerns continue to grow over how steps to curb inflation
Star Wars Outlaws Developer Addresses Early Glitches, Cites Game’s Ambition as a Factor
As anticipation builds for the release of Star Wars Outlaws, the first open-world game set in the iconic galaxy, early access players have encountered some issues, including glitches affecting game
PepsiCo to Cut Hundreds of Jobs
PepsiCo has joined the growing list of American employers reducing headcount ahead of an anticipated recession as reported by the HCA Mag. The food and beverage giant plans to eliminate
DoorDash to Acquire Deliveroo in $3.9 Billion Deal to Expand European Presence
U.S.-based food delivery company DoorDash is set to acquire British rival Deliveroo in a deal worth £2.9 billion ($3.9 billion), the companies announced on Tuesday, marking a major expansion move
Historic Diamond Discovery in Botswana: World’s Second-Largest Unearthed
A monumental discovery has been made in Botswana, where a rough 2,492-carat diamond, the second-largest ever found, was unearthed at the Karowe mine, owned by the Canadian company Lucara Diamond.
American TikTok Users Face Chinese-Style Censorship Challenges on RedNote
As TikTok faces potential bans in the United States, a wave of users has been migrating to Xiaohongshu, also known as RedNote, a Chinese social media platform. The influx of
FTC Unanimously Moves to Block $4 Billion Merger of Mattress Giants
The Federal Trade Commission (FTC) has unanimously voted to block the proposed $4 billion merger between mattress industry giants Tempur Sealy and Mattress Firm. The decision aims to prevent what
