Apple and Google are Working Together to Limit AirTag Stalking
Apple and Google have announced that they are collaborating on an industry specification aimed at combating safety risks associated with Bluetooth-enabled tracking devices like AirTags. The proposed standard requires the
Telcos May Raise Call, SMS, and Data Tariffs in Early 2025 Amid Economic Challenges
Nigerians could face higher charges for calls, SMS, and data services starting early 2025, as the federal government considers approving a long-awaited tariff review. Telecom operators have been advocating for
Alibaba Names New Chairman and CEO in Major Shakeup
Alibaba, the Chinese tech giant, is undergoing its largest shakeup in history with the announcement of leadership changes. Daniel Zhang, the current chairman and CEO, will be replaced by Joseph
SEC Sues Elon Musk Over Alleged Disclosure Violations in Twitter Stock Acquisition
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk on Tuesday, accusing him of failing to properly disclose his growing ownership stake in Twitter - now
Disney Gives Up on a Major Investment
While Disney may be the happiest place on earth in the hearts and minds of many people, the business itself is not having such a happy week. As reported on
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
Apple Partners with Alibaba to Bring AI to China
Apple has officially chosen Alibaba as its partner to introduce artificial intelligence (AI) services in China, marking a major step in expanding its AI capabilities into the world’s largest mobile
Universities Shutting Down – ASUU Rues N200m to N300m Monthly Electricity Bill
The Academic Staff Union of Universities (ASUU) has raised alarm over the imminent collapse of many Nigerian universities due to the unsustainable cost of electricity. ASUU President, Prof. Emmanuel Osodeke,
Nike Announces Job Cuts, Aiming to Trim Costs by $2 Billion
Nike is set to reduce its workforce by approximately 2%, or close to 1,700 employees, as part of its cost-cutting strategy aimed at slashing up to $2 billion in expenses.
Major Record Labels Sue AI Startups Over Unauthorized Use of Artist Music
A group of prominent record labels has filed lawsuits against two AI startups, accusing them of using copyrighted music without permission to train their systems. The Recording Industry Association of
Bill Gates Says Intel Has “Lost Its Way” as Rivals Surge Ahead in Chip Innovation
Tech billionaire Bill Gates has expressed concern over Intel’s declining dominance in the semiconductor industry, stating that the company has fallen behind in both chip design and fabrication. In a
Addison Lee Owner Back in Black as Cab Bookings Surge
The company that owns London’s private hire cab firm Addison Lee has broken into profits as passenger revenue surged by a third. Accounts filed at Companies House this week show
Los Angeles Lakers Majority Ownership Set to Change Hands in Record-Breaking Deal
The Los Angeles Lakers are poised to undergo a historic ownership change, with the majority stake in the iconic NBA franchise reportedly being sold for an estimated $10 billion -
Google Launches New AI Team to Simulate the Physical World
Google has announced the formation of a new team focused on creating artificial intelligence models that can simulate the physical world. The team will be led by Tim Brooks, who
Berkshire Invests in Ulta Beauty, Heico as it Retreats from Apple
Warren Buffett’s Berkshire Hathaway has made notable moves in its investment portfolio for the second quarter, acquiring significant stakes in Ulta Beauty and aircraft parts manufacturer Heico, while significantly reducing
Nvidia CEO Jensen Huang Embraced as Tech Rockstar During Visit to Taiwan
June 7, 2024 - Jensen Huang, CEO of Nvidia, received a hero's welcome in Taiwan, his birthplace, as the company soared to become America's second most valuable entity, surpassing Apple.
Nigerian Government Responds to Meta’s Shutdown Threat, Insists on Legal Compliance
The Federal Government of Nigeria has responded firmly to Meta’s recent threat to shut down its services in the country, asserting that the company must comply with national laws and
Chipotle Introduces New Adobo Ranch Dip, Its First in Five Years
Chipotle is spicing up its menu with the launch of a new dip - Adobo Ranch - marking the chain’s first dip addition in half a decade. Starting June 17,
Kanye West Says Adidas Offered $1 Billion Buyout From Yeezy Venture
American rapper and businessman, Kanye West popularly known as Ye has accused Adidas had been designing Yeezy products without his participation in a slew of venomous Instagram posts targeting the
HP CEO Says Customers Shunning Company’s Supplies are “Bad Investments”
In a recent interview, HP CEO Enrique Lores defended the company's ink subscription model and firm policy of mandating the use of its own cartridges, stating that customers opting for
