European media giant Axel Springer has agreed to acquire Telegraph Media Group (TMG) for £575 million. The agreement surpasses a £500 million takeover proposal made late last year by Daily

Brazilian authorities have filed a lawsuit against Chinese electric vehicle manufacturer BYD and two of its contractors, accusing them of subjecting workers to conditions akin to modern-day slavery during the

Leader of the United Kingdom’s Conservative Party, Kemi Badenoch, has attributed Nigeria’s long-standing electricity challenges to poor public policy despite the country’s vast natural resource wealth. Badenoch made the remarks

Nike's highly anticipated Alphafly 3 running shoe, famously worn by the late Kelvin Kiptum, triggered a wave of frustration among runners after selling out within minutes of its release. Scheduled

Digital media company BuzzFeed has raised concerns about its financial stability, warning that there is “substantial doubt” about its ability to remain in business. In its latest earnings report released

A federal judge has temporarily blocked the launch of Venu Sports, a highly anticipated sports streaming venture backed by Disney, Fox, and Warner Bros. Discovery. The decision, handed down on

Virgin Orbit — the rocket company founded by British billionaire Richard Branson — is laying off the vast majority of its workforce as company leadership struggles to secure additional funding.

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

A group of TikTok users has filed a lawsuit seeking to overturn Montana's recently enacted ban on the app, arguing that it violates the First Amendment. The complaint was filed

Sam Bankman-Fried, the crypto entrepreneur known for providing a financial lifeline to struggling firms in the industry, is now in need of a bailout himself. As reported on CNN, Bankman-Fried,

Elon Musk has reclaimed the title of the richest person in the world, per Bloomberg’s tally. As reported on CNN, the Tesla CEO was unseated from the top spot by

Australia's online safety regulator has launched legal action against Telegram, accusing the messaging platform of failing to remove extremist content, including footage of the 2019 Christchurch mosque attacks, despite repeated

Accenture revealed its acquisition of the learning platform Udacity today, signalling a strategic move to strengthen its offerings in AI-focused education. While the financial details of the acquisition were not

Save for collaborations by Fragment and UNDEFEATED, the Nike Zoom Spiridon appeared to be focusing exclusively on OG and OG-adjacent looks until a “Barely Volt” colorway hit the ‘net last

Yum Brands has reported strong second-quarter financial results, but the company says sales at Taco Bell have slowed following a cyclospora outbreak that triggered a food safety investigation in the

Southwest Airlines has announced plans to lay off 15% of its corporate workforce, marking the first mass job cuts in the company’s history. The airline confirmed on Monday that approximately

In a surprising move, award-winning rap star Drake and Hollywood actor Michael B Jordan have recently invested in the Brooklyn Aces, a team that competes in the new Major League

In one of the largest shareholder settlements of its kind, Tesla directors have agreed to return $735 million to the company to resolve claims of grossly overpaying themselves. According to

Apple has agreed to a $20 million settlement in a class action lawsuit concerning battery swelling issues in early Apple Watch models. Owners of the Series 0, 1, 2, and

In response to ongoing concerns over the proliferation of controversial content on Elon Musk's social media platform X, the company has appointed a new head of safety, Kylie McRoberts, a