Scammers Trick Company Employee Using Video Call Filled with Deepfakes of Execs, Steal $25 Million
In a sophisticated cybercrime incident, scammers employed deepfake technology to orchestrate a $25 million theft from the Hong Kong branch of an undisclosed multinational company. The criminals utilized digitally recreated
Apple Presents Some Workers With a Choice: Reapply for Your Job or Get Laid Off
Things are cooking for Apple CEO Tim Cook. Emerging from a slow fiscal quarter due to slowing tech product demand and a sluggish economy, Apple is continuing to push for
New Starbucks CEO Aims to Revive Coffeehouse Culture with Comfort and Community Focus
Starbucks' new CEO, Brian Niccol, is setting out to return the coffee giant to its roots as a welcoming coffeehouse, addressing concerns over the company's shift toward a more transactional,
The Fate of Elon Musk’s Deal to Buy Twitter Now Comes Down to the Money
The countdown is now on for Elon Musk and Twitter to close their $44 billion acquisition deal by October 28 or be forced to again prepare for a trial after
Tesla’s First Quarter Earnings Plunge, But Promises of Cheaper Model Ahead
Despite reporting a 48% plunge in adjusted earnings for the first quarter, Tesla remains optimistic about its future plans, including the launch of a cheaper model next year. The electric
The 5 Biggest Takeaways From Netflix’s Earnings Report
As Hollywood faces challenges amid ongoing industry strikes, streaming giant Netflix had reason to celebrate on Wednesday with the release of its earnings report. The company's long-anticipated plans to clamp
Chocolate City Recognised in EU Study as Creative Industry Success Story
Nigerian entertainment powerhouse Chocolate City Group has earned international recognition in a newly released European Union-backed report spotlighting thriving creative enterprises across Africa. The report, titled Success Stories in the
Zuckerberg Unveils Smart Glasses, Predicts End of Smartphone Era
Meta CEO Mark Zuckerberg has outlined his vision for the future of technology, predicting that smart glasses will eventually replace smartphones as the primary way people interact with the digital
Pepsi Falls to Fourth Place in U.S. Soda Rankings as Sprite Surges Ahead
Pepsi, once the dominant rival to Coca-Cola, has slipped to fourth place in the U.S. soft drink market, according to new data from Beverage Digest - marking a significant turning
Marketers Adjust Pumps as Fuel Price Hits N617/Litre
Petrol prices in some Nigerian National Petroleum Company Limited (NNPCL) filling stations in Abuja surged from N537/litre to N617/litre on Tuesday, leaving independent oil marketers to confirm the increase and
Spotify Celebrates a Decade of Amapiano
Spotify has launched a dedicated Amapiano Hub to celebrate the 10-year anniversary of the South African dance and music genre, marking a significant milestone in its global recognition. Following a
USAID Partners with Ascend Studios to Launch the Africa Creative Blueprint
The U.S. Agency for International Development (USAID), in collaboration with Ascend Studios, has announced the launch of the Africa Creative Blueprint, a groundbreaking initiative designed to strengthen Nigeria’s creative industry
Kim Kardashian’s Skims Faces Backlash Over ‘Face Shapewear’ Launch
Kim Kardashian’s shapewear brand Skims has sparked controversy after releasing a £52 “face wrap” marketed as overnight shapewear to sculpt the jawline. The product, which sold out in under 24
WhatsApp Lowers Minimum Age to 13 in Europe, Drawing Criticism
Meta, the parent company of WhatsApp, has adjusted the minimum age requirement for the messaging app in Europe, reducing it from 16 to 13 years old. This alteration, implemented across
Instagram Introduces TikTok-Inspired Features Amid Rival’s Uncertainty
Instagram is unveiling a series of updates seemingly designed to draw in TikTok users as uncertainty looms over the future of the popular short-video app. The changes, announced by Instagram
Berkshire Hathaway Reduces Apple Stake by Almost 50% in Major Portfolio Shift
Warren Buffett's Berkshire Hathaway has dramatically reduced its stake in Apple, cutting it nearly in half according to the company's second-quarter earnings report released on Saturday. The conglomerate's holdings in
US Government and States Launch Landmark Antitrust Lawsuit Against Apple Over iPhone Monopoly Allegations
In a groundbreaking move, the US Justice Department, alongside over a dozen states, has initiated a significant antitrust lawsuit against Apple, accusing the tech giant of unlawfully monopolizing the smartphone
Hooters Shuts Multiple Locations Amid Economic Pressures
Hooters has announced the closure of several "underperforming" restaurants across the United States, attributing the decision to challenging economic conditions, including rising food and labour costs. "Like many restaurants facing
Toyota Recalls Tundra Models in Largest Recall This Year
Toyota, a leading automobile manufacturer, has initiated a voluntary recall affecting specific 2022 and 2023 Tundra and Tundra Hybrid trucks, marking its most substantial recall action of 2023. The announcement
SpaceX and Startup Vast Hope to Put the World’s First Private Space Station in Orbit
Vast, a California-based startup, plans to use a SpaceX rocket to launch what it hopes to be the world's first commercial space station and ferry passengers to and from the
