Amazon Bets $11.5bn on Satellite Expansion to Challenge Starlink
Amazon is ramping up its ambitions in space-based connectivity with a planned $11.57 billion acquisition of Globalstar, as it positions itself to compete more aggressively with Starlink. The deal will
Swatch Pulls Controversial Ad After Backlash in China
Swiss watchmaker Swatch has apologised and withdrawn an advertising campaign after sparking outrage in China over imagery deemed offensive. The ad, which showed a male model stretching the corners of
FIFA Defends Private Investment Plan Amid Growing Opposition
FIFA has defended its controversial proposal to allow private investors to acquire minority stakes in its commercial operations, insisting that "nobody is selling football." In a statement released on Friday,
Disney: Bob Iger Begins Major Shake-Up After Returning to Firm
Less than 24 hours after his shock return as Disney's chief executive, Bob Iger says he is planning a major shake-up of the business. As reported by the BBC, one
Parents Sue OpenAI, Claiming ChatGPT Encouraged Teen’s Suicide
The parents of a 16-year-old boy in California have filed a lawsuit against OpenAI and its chief executive, Sam Altman, alleging that the company’s chatbot ChatGPT contributed to their son’s
Italy Wants to Build the World’s Longest Suspension Bridge But…
The idea of a bridge connecting mainland Italy to Sicily across the Straits of Messina goes back to Roman times. But despite various proposals, including one for a tunnel, the
Air Travel Disrupted Following Iran’s Airstrikes on Israel; Airlines Suspend and Reroute Flights
In the aftermath of Iran's recent airstrikes on Israel, airline passengers are grappling with cancellations and disruptions to flights bound for Israel and neighbouring regions. The attacks, which marked Iran's
Warren Buffett Issues Stark Warning on AI, Likens It to Nuclear Weapons
At Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, Warren Buffett, the revered 93-year-old chairman, and CEO, compared the potential dangers of artificial intelligence (AI) to that of nuclear weapons,
Starbucks to Cut 900 Jobs and Close Underperforming Stores in US and UK
Starbucks has announced plans to eliminate around 900 jobs in the United States and shut down a number of its worst-performing stores, including some in the UK, as part of
Amazon Founder Jeff Bezos Sells Over $4 Billion in Company Shares
Multi-billionaire Jeff Bezos has continued to divest from Amazon, selling a significant portion of his shares in the tech giant, totalling more than $4 billion (£3.2 billion) in recent days.
Wikipedia Unveils Top 25 Most Viewed Pages of 2023, Showcasing Global Trends
In the latest release of Wikipedia's annual roundup, the top 25 most viewed pages of 2023 offer a snapshot of global interests, spanning artificial intelligence innovation, notable deaths, and the
Brazilian Judge Orders Mining Giants to Pay $9.7 Billion for Dam Disaster
A federal judge in Brazil has issued a landmark ruling, instructing mining giants BHP, Vale, and their Samarco joint venture to pay 47.6 billion reais ($9.67 billion) in damages for
CBN Raises Alarm on Fake Emails, Links Used to Hack Bank Accounts
The Central Bank of Nigeria (CBN) has raised concerns over an increase in fraudulent emails, messages, and online links designed to compromise bank accounts and steal sensitive financial information. In
SpaceX IPO Could Push Elon Musk Into Trillionaire Territory
SpaceX has officially unveiled plans to go public in the United States, setting the stage for what could become the largest stock market debut in Wall Street history. The company,
The US Economy Added 139,000 Jobs in May, Slightly More Than Expected
The U.S. economy added 139,000 jobs in May, a modest gain that slightly exceeded expectations but signaled a continuing slowdown in the labor market, according to data released Friday by
Dangote Refinery to Begin Crude Oil Production
The Dangote Refinery is set to commence crude oil production, as reported by S&P Global Commodity Insights. Despite ongoing difficulties in securing feedstock, the refinery is preparing to tap into
Google Loses in Local Search to Instagram, TikTok Among Gen Z
In a significant shift in consumer behaviour, Instagram and TikTok have emerged as the preferred platforms for local search among Gen Z, surpassing Google's dominance in this demographic segment, according
YouTube Enforces Stricter Rules on Gambling Content
YouTube has announced a crackdown on content promoting unapproved gambling websites as online betting continues to expand in the United States. The platform revealed on Tuesday that it will now
Users are Split Over Black Twitter’s Chances to Survive Under Elon Musk
Black Twitter is mourning the possible end of the influential community they found on Twitter more than a decade ago, but users are split between finding a new app or
UK Pizza Hut Operator Seeks Over £10m Amid Tax Hikes and Rising Costs
The operator of Pizza Hut’s dine-in restaurants across the UK, Heart With Smart (HWS), is looking to raise over £10 million to counter the financial strain caused by recent tax
