Mike Lynch Acquitted in High-Profile Fraud Case Over HP Deal
British tech entrepreneur Mike Lynch, founder of Autonomy, was acquitted of fraud by a jury in San Francisco on Thursday. This verdict marks a significant victory for Lynch, who has
Verizon Customers Alerted to $100 Million Settlement – Here’s How to Claim Your Refund
Verizon customers may be in for an unexpected windfall as part of a proposed $100 million settlement resulting from a class-action lawsuit. Eligible customers are receiving postcards or emails notifying
DirecTV Ends Merger Agreement with Dish TV Parent Company EchoStar
DirecTV has called off its planned acquisition of EchoStar’s satellite television business, which includes rival Dish TV, halting what would have been a major consolidation in the U.S. pay-TV industry.
Pepsi Unveils Bold New Visual Identity after 14-Year Redesign
Pepsi has made a splash with the launch of its revamped visual identity, marking the first major global redesign in 14 years. The refreshed Pepsi logo was revealed through striking
FCCPC Indicts Coca-Cola Nigeria and NBC for Misleading Consumers, Unveils Report on Anti-Competitive Practices
The Federal Competition and Consumer Protection Commission (FCCPC) has released a detailed report indicting Coca-Cola Nigeria Limited and Nigerian Bottling Company (NBC) Limited for misleading branding and anti-competitive practices. The
Meta’s Profit Surge Fuels Zuckerberg’s Costly AI Push
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, reported a sharp rise in profits as it ramps up spending on artificial intelligence projects. The company said revenue for
Apple TV+ Reportedly Losing Over $1 Billion Annually Despite Hit Shows
Apple is reportedly incurring over $1 billion in annual losses on its Apple TV+ streaming service, despite investing heavily in original programming. According to sources cited by The Information, the
Samsung Acquires Whisk App to Launch ‘Samsung Food’ for Enhanced Recipe Experience
In a strategic move that merges technology and culinary convenience, Samsung has announced its acquisition of the popular recipe app Whisk. Under the new identity "Samsung Food," the rebranded app
Apple Introduces Three Windows Apps to Replace iTunes, Signals End of an Era
Apple has officially bid farewell to its iconic iTunes software for Windows, unveiling three separate applications for music, video, and device management. The move signifies the tech giant's ongoing transition
Australia Bans Under-16s From Using Social Media – Platforms Criticize Decision
Australia has enacted groundbreaking legislation barring children under the age of 16 from using social media platforms, even with parental consent. The move, aimed at protecting young users from online
Paramount Eyes Warner Bros. Discovery in Potential Blockbuster Deal, Analysts Predict Bidding War
The long-rumored sale of Warner Bros. Discovery (WBD) is gaining momentum after a Wall Street Journal report revealed that Paramount’s new leadership is preparing a bid to acquire the media
Tesla Faces Brand Crisis as Elon Musk Remains Distracted
Tesla is experiencing a sharp decline in sales, stock performance, and brand reputation, raising concerns among investors and analysts. However, its CEO, Elon Musk, appears to be focused elsewhere, leaving
Tesla Recalls Most Cybertrucks Over Risk of Exterior Panel Detachment
Tesla is recalling over 46,000 Cybertrucks in the United States due to concerns that an exterior panel could detach while driving, posing a road hazard. The recall affects nearly all
In a New BMW Sedan, Drivers Can Change Lanes Using Just Their Eyes
BMW has unveiled the new 5-series sedan, featuring an innovative capability that allows drivers to change lanes simply by looking at the side mirrors. With the optional Highway Assistant system,
Musk Pays Nigerian Twitter Influencers and Content Creators
Some content creators on the social media platform, X, formerly known as Twitter, yesterday, woke up to receive payments for ads displayed on their feeds by the company. The payment,
Universal Music Group Pulls Catalog from TikTok Over Payment Dispute
Universal Music Group (UMG) has made the decision to remove its vast music catalogue, including hits by Taylor Swift, Ariana Grande, Rihanna, and others, from TikTok, impacting over 1 billion
Elon Musk Says Twitter Logo to Change, Birds to be Gradually Abandoned
In a surprising turn of events on Sunday, billionaire entrepreneur Elon Musk took to his official Twitter account to announce some major changes coming to the popular social media platform,
Singapore Police Granted New Powers to Freeze Bank Accounts in Anti-Scam Crackdown
Singapore has enacted a new law empowering police to temporarily seize control of individuals’ bank accounts and block financial transactions if they suspect the person is at risk of being
Evergrande Delisted in Hong Kong After Debt-Driven Collapse
Chinese property giant Evergrande has been formally removed from the Hong Kong stock exchange, drawing a line under the dramatic downfall of what was once the country’s largest real estate
Chevron Earnings Soar to a Record
Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. As reported on CNN, adjusted earnings for the year more than doubled from the $15.6 billion
