Pinterest Dismisses Engineers Over Layoff Tracking Tool
Pinterest has terminated the employment of two software engineers after they created an internal tool designed to identify colleagues affected by a recent round of job cuts, the company has
Nvidia Faces $5.5 Billion Loss as U.S. Tightens AI Chip Export Restrictions to China
Nvidia is bracing for a $5.5 billion hit following new U.S. government restrictions that block the export of its H20 artificial intelligence chips to China - a major development in
Jeff Bezos Nears Decision on The Washington Post’s New Chief Executive
The Washington Post, a publication that witnessed a surge in readership during the tumultuous presidency of Donald Trump, is gearing up for a change in leadership. Owner Jeff Bezos is
Rolls Royce to Give Staff £2,000 Living-Cost Bonus
To help with the rising cost of living in the UK, Rolls Royce will give over 14,000 staff a one-off payment of £2,000. According to Rolls Royce, the payment is
SIMS Nigeria to Open New Digital Centre in Ikeja With Flash Sale Discounts of Up to 70%
Electronics marketing company SIMS Nigeria has announced plans to open a new retail outlet in Lagos, with a launch event that will feature a major flash sale offering discounts of
Disney’s Fight With DeSantis Masks a Bigger Problem: Its business is Struggling
Disney's clash with Florida's Republican governor and potential presidential candidate, Ron DeSantis, is captivating attention like a reality TV show. While Disney's strategic maneuvers, including the recent abandonment of a
Chelsea Staff Member Admits to £200,000 Fraud Against Club
A Chelsea Football Club employee has admitted to defrauding the organisation of more than £200,000 over a four-year period. Claire Walsh, 39, pleaded guilty at Westminster Magistrates’ Court to a
Tesla Approved as Official Chinese Government Vehicle
For the first time, Tesla has been included in a Chinese government purchase list, as reported by state-owned media outlet Paper.cn. Tesla is the only foreign-owned electric vehicle (EV) brand
11,000 Jobs on the Line as Another German Company Stumbles
Germany's largest steel producer, Thyssenkrupp Steel, has announced plans to cut approximately 11,000 jobs by 2030, marking another major blow to the country's struggling industrial sector. The reductions, representing 40%
Company Hacked After Hiring North Korean Cybercriminal as Remote IT Worker
A company, which remains unnamed, has fallen victim to a significant data breach after unknowingly hiring a North Korean cybercriminal as a remote IT contractor. The cyber attacker, who faked
Dangote Refinery Expands Fuel Exports to Africa, Attracts Japanese Interest
The Dangote Refinery has extended its export of Premium Motor Spirit (PMS) to Cameroon, Ghana, Angola, and South Africa in recent weeks, marking a significant milestone for the Nigerian oil
Málaga Faces Tourism Overload: Locals Warn City is ‘Collapsing’
Málaga is grappling with an overwhelming influx of tourists, prompting concerns from residents and activists about the city’s sustainability. Kike España, an urban planner and member of the Málaga Tenants’
Dangote Opens Up on $20 Billion Refinery Challenges: ‘I Went Through Hell’
Africa’s richest man and Dangote Group president, Aliko Dangote, has revealed the immense struggles he endured while building his $20 billion oil refinery in Lagos, describing the process as one
BrewDog Enters Administration as Tilray Buys Assets in £33m Deal
Hundreds of workers have lost their jobs and dozens of pubs have shut their doors after Scottish craft beer maker BrewDog entered administration. US-based beverages and medical cannabis group Tilray
BYD Surpasses Tesla in Annual Sales, Posts $107 Billion Revenue in 2024
Chinese electric vehicle (EV) powerhouse BYD has overtaken Tesla in annual sales, reporting a 29% revenue surge to 777 billion yuan ($107 billion) in 2024, according to a filing on
Bill Gates to Give Most of His $200bn Fortune to Africa
Billionaire philanthropist and Microsoft co-founder Bill Gates has announced that the majority of his vast fortune - expected to reach $200 billion - will be directed towards transforming health and
Tony Elumelu’s Top 7 Rules For Success
Tony Elumelu is a Nigerian economist, entrepreneur, and philanthropist. He is the chairman of Heirs Holdings, the United Bank for Africa, Transcorp and founder of The Tony Elumelu Foundation. The
Unemployment Rises as Pay Growth Slows Again
The UK's unemployment rate has risen to 4.3% for the quarter ending in September, up from 4% in the previous three months, according to the Office for National Statistics (ONS).
TikTok Brings in Text Posts to Rival Elon Musk’s X
TikTok, the popular video streaming platform, is venturing into uncharted territory by allowing users to post text-only content for the first time. In a direct challenge to Elon Musk's embattled
Human-Sized Labubu Doll Sells for Over $150,000 in Record-Breaking Auction
A rare, human-sized Labubu doll has sold for an astonishing 1.08 million yuan (approximately $150,000) at an auction in Beijing, setting a new global record for the collectible toy line.
