Starbucks Unveils Ambitious Plan to Launch Two New Stores Weekly in India, Aiming for 1,000 Stores by 2028
In a strategic move to tap into the surging demand for coffee in India, Starbucks has outlined plans to open 1,000 stores in the country by 2028, averaging the launch
Activision Blizzard Settles Gender Discrimination Lawsuit with California for $54 Million
In a landmark resolution, video game giant Activision Blizzard and the California Civil Rights Department (CRD) have reached a settlement in a gender discrimination lawsuit, amounting to approximately $54 million.
Evergrande Posts Losses of $81 Billion Over Two Years as it Reports Long-Delayed Results
Evergrande Group, the heavily indebted Chinese property developer, has finally released its long-delayed financial results, marking a crucial step in its debt restructuring, which is poised to become one of
EU Set to Block Amazon’s Acquisition of iRobot
The European Union's competition watchdog is poised to block Amazon's proposed takeover of vacuum cleaner manufacturer iRobot, according to sources reported by the BBC. This development deals a setback to
NIVEA Empowers Child Cancer Survivors with ₦16.4 Million Back-to-School Fund
In a remarkable act of compassion and social responsibility, Beiersdorf Nigeria, makers of NIVEA, has partnered with The Dorcas Cancer Foundation to support child cancer survivors with a ₦16.4 million
Fortune of World’s Richest Person Bernard Arnault Tops $200bn
The fortune of Bernard Arnault, the world’s richest person, has topped $200bn for the first time as shares in his French LVMH luxury goods empire hit a record high. The
Judge Assigned to US Antitrust Case Against Amazon Recuses Himself
In a recent development, Senior Judge John Coughenour has recused himself from presiding over the US Federal Trade Commission's (FTC) antitrust lawsuit against Amazon.com. This decision was revealed in a
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
Drake Sues UMG, Spotify Over Alleged Boosting of Kendrick Lamar’s Diss Track
Canadian rapper Drake has filed lawsuits against Universal Music Group (UMG) and Spotify, accusing them of manipulating streaming figures to artificially promote Kendrick Lamar’s diss track, Not Like Us. The
Elon Musk’s xAI Firm Valued at $24 Billion After Major Investment Boost
Elon Musk’s artificial intelligence company, xAI, has secured an additional $6 billion in funding, elevating its valuation to $24 billion. This significant investment round included contributions from prominent Silicon Valley
Blake Lemoine: Google Fires Engineer Who Said AI Tech Has Feelings
American tech giant, Google has fired one of its engineers who said the company's artificial intelligence system has feelings. Last month, Blake Lemoine went public with his theory that Google's
UK Retailer Wilko Collapses, Putting 12,000 Jobs at Risk
British discount retailer Wilko has made a grim announcement, revealing that it had slipped into administration, a creditor protection measure that casts a shadow over the fate of its 12,000
Meta to Cut 5% of Workforce in Performance-Based Layoffs
Meta has announced plans to reduce its workforce by approximately 5%, targeting what it describes as "low performers." The move, which could affect around 3,600 employees based on Meta's 72,000-strong
AT&T Customers Could Receive Up to $7,500 in Data Breach Settlement
Telecoms giant AT&T has agreed to a $177 million settlement following two major data breaches in 2024 that exposed the personal information of millions of customers. The settlement, which combines
Owners of 143,000 Lincoln SUVs Warned to Park Outside Due to Fire Risk
Ford, along with the National Highway Traffic Safety Administration (NHTSA), is issuing a warning to owners of approximately 143,000 Lincoln MKC compact SUVs. These owners are advised to park their
Discord Delays Age Checks After User Backlash
Discord has postponed plans to introduce mandatory age verification for all users following widespread criticism from its community. The platform’s co-founder and chief technology officer, Stanislav Vishnevskiy, said the global
ANZ Bank Apologises After Staff Learn of Job Cuts Through Mistaken Email
ANZ, one of Australia’s largest banks, has apologised to employees after some staff were mistakenly informed they had lost their jobs through an automated email. The message, which instructed recipients
Elon Musk Drops Lawsuit Against OpenAI After Publication of Emails
Elon Musk has moved to dismiss his lawsuit against OpenAI and CEO Sam Altman, bringing an end to a legal dispute that has lasted several months between the co-founders of
23andMe Fined £2.3m Over Major UK Data Breach That Exposed Sensitive Genetic Details
The UK’s data protection watchdog has fined DNA testing firm 23andMe £2.31 million for failing to adequately protect the personal information of thousands of users affected by a major data
Fashion Retailer Express Files for Bankruptcy, Closing Over 100 Stores
Fashion retailer Express Inc. has filed for bankruptcy, citing ongoing challenges with its merchandise mix and struggling to attract customers. The company, known for its trendy clothing, submitted the filing
