CBN Closes 31 Banks in Lagos and 72 Microfinance Banks Nationwide
The Central Bank of Nigeria (CBN) recently announced the closure of 31 banks in Lagos as part of a larger effort to strengthen the banking sector in Nigeria. This action
Charles Barkley Criticizes NBA for Opting for Amazon Over TNT: “It Just Sucks”
"Inside the NBA" host Charles Barkley has voiced strong disapproval of the NBA's decision to reject a matching offer from TNT's parent company, Warner Bros. Discovery (WBD), in favor of
Adidas Taps Samuel L. Jackson and Missy Elliott to Celebrate the Timeless Power of the Superstar
In a world where trends rise and fall faster than a TikTok scroll, Adidas Originals is hitting pause - and rewind - on the clock. To mark the latest chapter
2K Seems To Be Totally In Favour Of Xbox Acquiring Activision Blizzard
Last week, Take-Two Interactive, the parent company of 2K Games, released its latest financial report, sparking interesting discussions about Xbox and Microsoft's acquisition of Activision Blizzard. During a Q&A session,
China Offers to Scrap Tariffs on All African Imports Amid U.S. Trade Tensions
China has announced its readiness to remove all import tariffs on goods from the 53 African countries with which it maintains diplomatic ties, a move that could significantly deepen trade
Hawaiian Electric Stock Plunges 40% After Lawsuit Alleges it Failed to Shut Power Off Ahead of the Maui Wildfires
Hawaiian Electric, a prominent utility provider supplying power to 95% of Hawaii's residents, experienced a significant blow to its stock value, sinking to a 13-year low with a nearly 40%
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
Epic Games to Lay Off 16% of its Workforce
Epic Games, the renowned creator of Fortnite and other gaming titles, has revealed plans to cut approximately 830 jobs, accounting for 16% of its workforce, in a strategic move aimed
Wendy’s Targets McDonald’s Ice Cream Woes with $1 Frosty Offer
Wendy's has launched a strategic move against its rival, McDonald’s, by offering a $1 Frosty to capitalize on the fast-food giant's notorious issue with broken McFlurry machines. The promotion, which
Lululemon Shares Plunge as Tariffs and Sluggish U.S. Sales Hit Outlook
Shares of Lululemon tumbled more than 15% in extended trading on Thursday after the Canadian athletic apparel brand slashed its sales forecast, citing the heavy financial toll of U.S. tariffs
Twix Ad Banned for Encouraging Unsafe Driving
A television advert for Twix has been banned in the UK after regulators concluded it encouraged reckless driving and breached advertising standards. The ad, which featured a dramatic car chase
Authors Sue Nvidia Over Unauthorized Use of Copyrighted Works in AI Training
Nvidia, renowned for its AI-enabled chips, faces a lawsuit from three authors who allege that the company used their copyrighted books without authorization to train its NeMo AI platform. Authors
Mars Removes Controversial Colour Additive from US Skittles
Mars Inc. has officially discontinued the use of titanium dioxide - a colour additive banned in the European Union in 2022 - in its Skittles candies sold in the United
Netflix Files Lawsuit Against Broadcom Over VMware Patent Infringement
Netflix has initiated a legal battle against Broadcom, alleging that VMware, a Broadcom subsidiary, has infringed on several of its patents related to virtual machine technology. The streaming giant claims
McDonald’s Temporarily Halts AI Drive-Thru Ordering in US Restaurants
McDonald’s, in a surprising move, has decided to pause the implementation of artificial intelligence (AI) ordering technology in more than 100 drive-thru systems across the United States. The fast-food giant
Elon Musk Says Twitter Will Let Publishers Charge Per Article
Twitter CEO Elon Musk has recently announced that the social media platform will enable media publishers to charge users for individual articles with a single click, which he believes will
Twitter Spent $33m in Three Months on Elon Musk Deal
Social media giant, Twitter has revealed that it spent $33m (£27m) on Elon Musk's proposed deal to buy the firm between April and June 2022. It also said its number
Walgreens Reaches $350 Million Settlement Over Opioid Prescription Allegations
Walgreens has agreed to pay up to $350 million to resolve allegations by the U.S. Department of Justice that it filled millions of unlawful opioid prescriptions over the course of
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
Google Unveils Agentspace: A New AI Platform to Boost Business Productivity
Google has launched Google Agentspace, a new AI-powered platform aimed at improving enterprise productivity by simplifying workflows, enhancing data access, and automating routine tasks. The tech giant unveiled Agentspace as
