5 Huge Challenges Facing Apple this Year
As Apple navigates through the early weeks of 2024, a series of formidable challenges loom on the horizon, casting shadows on the tech giant's path. From sales struggles in China
Volvo’s Next Electric Vehicle is a Small SUV Called the EX30
Volvo’s new, next-generation electric vehicle, the luxuriously appointed, three-row EX90 SUV, isn’t even out yet, but the Swedish company is already talking about the follow-up. The Volvo EX30 will be
Biden Hits Chinese Electric Cars and Solar Cells With Higher Tariffs
In a move aimed at addressing what it perceives as unfair trade practices, the Biden administration has announced an escalation of tariffs on a range of Chinese goods, including electric
Netflix Faces Critical Questions in 2024 Amid Dominance in Streaming Landscape
As Netflix continues to assert its dominance in the streaming industry, investors are closely watching the company's performance in 2024. The streaming giant, often hailed as the winner of the
Elon Musk’s xAI Lays Off 500 Staff in Major Restructuring of Grok Training Team
Elon Musk’s artificial intelligence company, xAI, has carried out a sweeping overnight restructuring of its data annotation division, resulting in the layoff of about 500 employees. The affected team had
Instagram Back Up After Global Outage Affecting Thousands of Users
On Sunday, Meta Platform Inc's Instagram experienced a technical issue that disrupted services for thousands of users. However, the company announced that the platform was back up and running for
Ford Just Reported a Massive Loss on Every Electric Vehicle it Sold
Ford's foray into the electric vehicle market has hit a stumbling block, with the company's electric vehicle unit reporting staggering losses in the first quarter, underscoring the challenges facing traditional
Locked Out and Branded: Instagram Users Speak Out on Wrongful Bans and Shattered Trust
For years, 26-year-old Yassmine Boussihmed poured her heart into building her boutique dress brand online. Her Instagram page was more than a storefront - it was a community. Then, one
PepsiCo’s Profits Soar Beyond Soda as Snack Business Claims Almost 50% Share
PepsiCo, renowned for its iconic sodas like Pepsi and Mountain Dew, has made a surprising revelation about the diversified sources of its profits. While cola supremacy has long been the
Swire Coca-Cola Investigates Carbon Dioxide Leak at Hong Kong Plant, Ensures Safety Measures
Swire Coca-Cola has launched an investigation into a carbon dioxide leak at its plant in Hong Kong, assuring that no injuries were reported during the incident. The leak was confirmed
WhatsApp Backs Apple in Legal Fight Against UK Government Over Encrypted User Data
WhatsApp has formally expressed its support for Apple in an ongoing legal battle with the UK Home Office over encrypted user data, warning that the case could have far-reaching consequences
Lifestyle Top 5 Events to Attend in Nigeria in September 2023
Nigeria is set to come alive in September 2023 with a diverse array of events that cater to various interests. From cultural experiences to financial empowerment webinars and captivating book
US FTC Sues to Halt Tapestry’s Capri Acquisition, Citing Concerns Over Handbag Market Dominance
The US Federal Trade Commission (FTC) announced its legal action to block Tapestry's proposed $8.5 billion acquisition of Capri Holdings, the parent company of Michael Kors, citing potential harm to
China Fines PwC $62 Million and Suspends Operations Over Role in Evergrande Collapse
Chinese regulators have imposed a record fine of 441 million yuan ($62 million) and a six-month business suspension on PwC's auditing arm in mainland China for its role in the
Kaspersky Uncovers Cyberattack Exploiting DeepSeek AI Hype
Cybersecurity firm Kaspersky has uncovered a sophisticated cyber deception campaign leveraging public interest in DeepSeek AI, a popular generative AI chatbot, to distribute malware through fraudulent websites. According to Kaspersky’s
UK Car Exports to US Rebound After Tariff Cut
British car exports to the United States rose in July, boosted by a new trade agreement that eased tariffs after months of decline. Data from the Society of Motor Manufacturers
Nvidia Becomes World’s First $5 Trillion Company Amid Soaring AI Demand
Nvidia has reached a historic milestone, becoming the first company in the world to hit a $5 trillion market valuation, cementing its position as the undisputed leader of the artificial
Boeing Starliner Returns to Earth, but Without Astronauts
Boeing's Starliner spacecraft returned to Earth following an autonomous journey from the International Space Station (ISS), but without the astronauts it was meant to carry home. NASA astronauts Butch Wilmore
Gangs of Lagos: Lagos Govt Lacks Power to Regulate Film Industry – Amazon Tells Court
Entertainment company, Amazon, is seeking the dismissal of a suit against the controversial movie, Gangs of Lagos. It should be recalled that the movie, which was released in April, clearly
Mondelez Takes Legal Action Against Tony’s Chocolonely Over Purple Packaging
In a legal dispute over packaging design, Mondelez, the manufacturer of Milka chocolate, has filed a lawsuit against Tony's Chocolonely, alleging the imitation of its distinctive purple packaging. Tony's Chocolonely
