Jeff Bezos Completes $8.5 Billion Amazon Share Sale Plan
Amazon's founder, Jeff Bezos, has finalized another phase of his share sale plan, disposing of approximately 14 million Amazon shares valued at around $2.4 billion (£1.9 billion). This recent sale
Proto Introduces Life-Sized 3D Hologram Boxes for Virtual Communication
US-based startup Proto is revolutionising virtual communication with its hologram-like technology that beams life-sized video feeds into various settings, including universities, medical centres, and hotels. The company, which calls itself
China Allocates $47.5 Billion to Boost Semiconductor Industry Amid U.S. Restrictions
China is intensifying its efforts to become a leader in advanced technologies by establishing its largest-ever state investment fund for the semiconductor industry, worth $47.5 billion. This move comes as
JPMorgan Reaches $290 Million Settlement With Jeffrey Epstein Victims
JPMorgan Chase has agreed to pay $290 million to settle a class-action lawsuit brought by Jeffrey Epstein's sexual abuse victims, according to attorney David Boies representing the victims. The victims
Nigerian Authorities Seize Over 2 Metric Tons of Pangolin Scales, Arrest One Suspect
On December 5, Nigerian authorities confiscated more than 2 metric tons of pangolin scales in a significant crackdown on wildlife trafficking. The seizure took place in two warehouses in Mubi,
JPMorgan is Cutting About 500 Jobs
JPMorgan Chase is undergoing a round of layoffs, with approximately 500 employees being let go across the bank, as confirmed by a spokesperson to CNN. The layoffs, which were initially
PepsiCo Moves to Cut Snack Prices After Shoppers Push Back on Costs
PepsiCo has announced plans to reduce the prices of several of its best-known snack brands, including Doritos, Lay’s and Cheetos, in response to growing consumer frustration over rising food costs.
Movie Theatre Chains Announce $2.2 Billion Overhaul to Revamp Cinemas Across North America
In a bid to lure moviegoers back to theatres amid growing competition from streaming services and luxury cinemas, the largest movie theatre chains in the United States and Canada have
Mercedes and adidas Shift Gears with Futuristic Adiracer GT Sneaker Collaboration
The Mercedes-AMG PETRONAS Formula One Team has accelerated its partnership with adidas by unveiling a fresh take on racing-inspired footwear: the Adiracer GT in a striking "Matte Silver" finish. This
UK Government Boosts Funding for BBC World Service by £33m Over Three Years
The UK government has announced a significant increase in funding for the BBC World Service, committing an additional £33 million over the next three years. Under the new arrangement, the
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
Trump Unveils $1 Million ‘Gold Card’ Visa for Wealthy Foreign Applicants
President Donald Trump has introduced a new fast-track immigration programme that offers wealthy foreign nationals a pathway to live - and potentially become citizens - in the United States, provided
Apple Faces £3 Billion Legal Claim Over Alleged iCloud “Rip-Off” Pricing
Apple is under fire in the UK as consumer advocacy group Which? initiates a £3 billion legal claim, alleging that the tech giant has effectively locked 40 million British users
11,000 Jobs on the Line as Another German Company Stumbles
Germany's largest steel producer, Thyssenkrupp Steel, has announced plans to cut approximately 11,000 jobs by 2030, marking another major blow to the country's struggling industrial sector. The reductions, representing 40%
Jaguar Land Rover Cuts Output at UK Factories Due to Chip Shortage
Carmaker Jaguar Land Rover (JLR) is reducing output at its factories in Solihull and Halewood until the spring, due to ongoing problems obtaining enough computer chips for new vehicles. The
Mark Your Calendars! GTCO Fashion Weekend is Back | 12th – 13th November 2022
Fashion and style enthusiasts worldwide can once again look forward to experiencing extraordinary fashion moments at the 2022 Guaranty Trust (GTCO) Fashion Weekend scheduled to hold on November 12th and
MTN Records Over 9,200 Fibre Cuts In 2025, CEO Reveals
MTN Nigeria has disclosed that its network experienced 9,218 fibre cuts in 2025, drawing renewed attention to the ongoing fragility of the country’s telecommunications infrastructure. The disclosure was made by
iPhone Tracking Leads Police to International Gang Behind 40,000 Stolen UK Phones
The Metropolitan Police say they have dismantled an international phone theft ring believed to have smuggled as many as 40,000 stolen mobile phones from the UK to China over the
Saudi Investment Fund to Acquire 10% Stake in Heathrow Airport
Saudi Arabia's Public Investment Fund (PIF) has reached an agreement to purchase a 10% stake in Heathrow Airport from Spanish infrastructure company Ferrovial. Additionally, France-based private equity fund Ardian will
Google Takes Down Links to California News Sites Amid Proposed Legislation on Payment to Publishers
Google has initiated the removal of links to California news websites in response to proposed state legislation that seeks payment for news content usage by tech companies like Google and
