Twitter fined $150m in US for selling users’ Data
Social media giant, Twitter has been fined to the tune of $150 million in the United States for illegally selling users' data to sell targeted ads in a breach of
US Woman Jailed for 8 Years Over Identity Theft Scheme Aiding North Korean Workers
A 50-year-old Arizona woman has been sentenced to more than eight years in prison for orchestrating an identity theft operation that enabled North Korean nationals to secure jobs with hundreds
Wells Fargo Fires Dozen Employees for Faking Work Activity
Wells Fargo recently terminated over a dozen employees accused of falsifying keyboard activity to create the illusion of working, according to a disclosure made to the Financial Industry Regulatory Authority
Citi Hit with $79 Million Fine Over $189 Billion Trading Blunder
UK regulators have fined Citigroup a total of £62 million ($79 million) for failures in its trading systems that nearly led to a catastrophic $189 billion stock sell-off on European
Former CEO of MoviePass’ Parent Company Faces Up to 25 Years in Prison
Theodore Farnsworth, former CEO of Helios and Matheson Analytics, the parent company of MoviePass, has pleaded guilty to securities fraud and conspiracy charges. He faces a potential prison sentence of
Wipro: Pay Cut Shock for New Hires at India IT Giant
Sarita, 24, was shocked rather than pleased when she received an email recently about her new job with a top tech firm in India. As reported on BBC, the annual
BYD Shares Fall as Price War Cuts Into Profits
Chinese electric vehicle giant BYD saw its shares drop by as much as 8% in Hong Kong on Monday after the company reported a sharp decline in quarterly profit, underscoring
Meta and I.N. Official to Debut AI-Driven Fashion Collection at Africa Fashion Week London
Meta is set to mark a new milestone in the world of fashion through a collaboration with Nigerian designer Ifeanyi Nwune’s label, I.N. Official, to unveil what is being described
Buy 2 Million Litres of Fuel at N970 – Dangote to Nigerians
The Dangote Petroleum Refinery has announced that customers can purchase a minimum of two million litres of Premium Motor Spirit (PMS), commonly known as petrol, at a rate of N970
‘X’ Removed After Being Installed Atop Company Headquarters Following Twitter’s Rebrand
The San Francisco Department of Building Inspection officials made an observation on Monday morning regarding the removal of the new "X" sign on top of the building previously known as
Meet Khan Academy’s Chatbot Tutor
The integration of artificial intelligence (AI) into the classroom is a topic that has sparked debates among educators and experts. While some are wary of its potential for facilitating cheating
Toyota Recalls 1 Million Vehicles Over Airbag Sensor Glitch
In response to a potential safety concern, Toyota has issued a recall affecting approximately 1 million cars and SUVs in the United States. The recall is prompted by a defect
Tesla Reportedly Hired a PR Firm to Monitor Employees on Facebook
Tesla reportedly paid a consultancy firm to monitor employees' Facebook interactions when some workers wanted to form a union at the company's factory in Fremont, California.CNBC cited invoices and "other
CBEX: Nigerians Lose N1.3tn as Digital Trading Platform Crashes
Thousands of Nigerians have been left reeling from heavy financial losses after a digital asset trading platform, CBEX, suddenly shut down operations on Monday, wiping out an estimated ₦1.3 trillion
FCC Investigates Amazon and Retailers for Illegal Sale of Wireless Signal Jammers
The Federal Communications Commission (FCC) has initiated an investigation into Amazon and other retailers following allegations of marketing and selling illegal electronic devices designed to disrupt wireless signals sent by
Federal High Court Sides with CBN, Dismisses Request to Block eNaira Trademark Use
The Federal High Court in Abuja has dismissed an interim injunction request filed by eNaira Payment Solutions Limited seeking to restrain the Central Bank of Nigeria (CBN) from asserting rights
Microsoft, Google And xAI To Allow US Government Test AI Models Before Public Release
Major technology companies including Microsoft, Google, and xAI have agreed to provide the US government with access to unreleased artificial intelligence models for security testing before they are launched publicly.
Kremlin Reassures Public After Telegram Founder Pavel Durov’s Arrest in France
The Kremlin has moved to calm growing concerns over the security and future of Telegram following the arrest of the platform's founder, Pavel Durov, in France. Telegram, a messaging app
Yeezy Stock Sales Improve Outlook for Adidas
Adidas, the German sportswear giant, has raised its earnings outlook for the year after experiencing high demand for its remaining stock of discontinued Yeezy merchandise. The company now anticipates a
Ford Partners With Tesla to Give Customers Access to EV Superchargers
Ford electric vehicle owners in the United States will soon have access to Tesla's extensive EV charging network, as announced by the CEOs of both companies, Jim Farley of Ford
