Kia Enters the Electric Van Arena with Customizable Concepts Unveiled at CES 2024
Kia has officially joined the electric van race, presenting a range of highly customizable electric van concepts at this year's Consumer Electronics Show (CES) on Tuesday. The move places Kia
Pop Mart Halts Labubu Doll Sales in UK After Frenzied Store Scenes and Customer Clashes
Fans of the wildly popular Labubu dolls have voiced frustration after toy maker Pop Mart suspended in-store sales across all 16 of its UK locations. The move follows chaotic scenes,
Adidas Shareholders to Demand Answers Over Kanye West Investigation
A major Adidas shareholder, Union Investment, is set to call for transparency over the company's relationship with Kanye West at the annual meeting on Thursday. Janne Werning, the head of
Former JetBlue CEO Robin Hayes Appointed as Airbus North America Leader
Former JetBlue CEO Robin Hayes is set to assume a pivotal role as the leader of Airbus in North America, stepping into the position of chairman and chief executive officer.
Signal Would ‘Walk’ From UK if Online Safety Bill Undermined Encryption
The encrypted-messaging app Signal has said it would stop providing services in the UK if a new law undermined encryption. If forced to weaken the privacy of its messaging system
Elon Musk’s X Faces Court Battle Over Alleged Withholding of Promised Staff Bonuses
A federal judge has ruled that X, formerly known as Twitter, must proceed to face a lawsuit accusing the company of reneging on promised bonuses for its staff after being
Why Nike, Starbucks and Boeing Have Lost Their Magic
Three of America’s iconic brands - Starbucks, Nike, and Boeing - are grappling with significant challenges as they aim to restore their standing in their respective markets. With new CEOs
Tesla’s Cybertruck Hits the Market Amidst Challenges and Higher Price Tag
Elon Musk, CEO of Tesla, marked the long-awaited delivery of the Cybertruck, which was first unveiled four years ago. Despite the flashy event, the new price revealed on Tesla's website
Google Reportedly Benchmarks Gemini AI Against Anthropic’s Claude Amid Ethical Concerns
In the escalating competition for AI supremacy, Google is reportedly using Anthropic’s Claude to benchmark and enhance its Gemini AI. This practice has raised questions about ethics and compliance in
Elon Musk Returns Twitter Bird Logo, Removes ‘W’ From Company Name At Headquarters To Read ‘Titter’
The Chief Executive Officer (CEO) of popular microblogging company Twitter, Elon Musk, has changed the company’s logo from “doge” meme back to its former classic blue bird logo. The company
MyPillow CEO Mike Lindell Ordered to Pay $2.3 Million in Defamation Suit
Mike Lindell, the founder and CEO of MyPillow and a well-known supporter of former President Donald Trump, has been ordered by a Denver jury to pay $2.3 million to Eric
Starbucks Illegally Fired US Workers Over Union, Judge Rules
Starbucks illegally fired six workers in New York state in a pushback against unions, a US National Labor Relations Board (NLRB) judge has ruled. As reported on BBC, the judge
ARM Appoints New CEO and Executive Director as Part of Strategic Leadership Shift
Asset & Resource Management Holding Company (ARM), one of Nigeria’s leading investment firms, has announced a key leadership transition set to take effect in July 2025. Wale Odutola has been
Japanese Noodle Giant Introduces Dangerous Pufferfish Flavor
Nissin Foods, a major player in Japan’s instant noodle market, has launched a new flavour featuring the notoriously poisonous pufferfish, also known as "fugu." This luxurious delicacy, typically priced at
Tesla Faces Production Reduction in China, Shares Drop Amidst Market Challenges
Tesla, the prominent Electric Vehicle (EV) manufacturer, is grappling with a production slowdown at its Shanghai plant in China, resulting in a nearly 4% decline in its share price amidst
Hackers Allegedly Steal N2.9bn From Flutterwave
Reports have it that ₦2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave. As reported on PUNCH, the tech giant’s counsel, Albert Onimole, reported the case
Kohl’s Just Fired its Brand New CEO for Unethical Behavior
Retail giant Kohl’s has abruptly terminated CEO Ashley Buchanan less than five months into his tenure, citing unethical conduct linked to undisclosed conflicts of interest in vendor dealings. The board’s
John Deere to Cut 600 Jobs as Production Moves to Mexico
John Deere announced plans to lay off approximately 600 employees across three US factories as the company transitions production to a new facility in Ramos, Mexico. Effective August 30, the
Olivia Dean Secures Ticket Refunds After Calling Out ‘Exploitative’ Resale Practices
British singer Olivia Dean has won partial refunds for fans after publicly criticising Ticketmaster and AXS over soaring resale prices for her upcoming North American tour. Some fans discovered that
Former CEO of MoviePass’ Parent Company Faces Up to 25 Years in Prison
Theodore Farnsworth, former CEO of Helios and Matheson Analytics, the parent company of MoviePass, has pleaded guilty to securities fraud and conspiracy charges. He faces a potential prison sentence of
