Target to Lay Off 1,000 Employees as Sales Slump Deepens
Retail giant Target has announced plans to lay off around 1,000 corporate employees and eliminate 800 open positions, a move that will affect roughly 8% of its global corporate workforce,
Colombian Billionaire Takes Control of UK’s Struggling Metro Bank
Jaime Gilinski Bacal, a prominent Colombian banking and real estate entrepreneur, has assumed control of Metro Bank as part of a comprehensive rescue plan aimed at addressing financial challenges faced
Mike Lynch Acquitted in High-Profile Fraud Case Over HP Deal
British tech entrepreneur Mike Lynch, founder of Autonomy, was acquitted of fraud by a jury in San Francisco on Thursday. This verdict marks a significant victory for Lynch, who has
Smart Glasses And The Privacy Battle Nobody Can Ignore
A New Tech Boom With Old Privacy Questions A new generation of “smart glasses” is quietly becoming one of the fastest-growing consumer tech categories in the world. But alongside the
Nike Revives Air Max Waffle in New Colourway, Set for June 18 Release
Nike is once again turning to the past to shape the future, bringing back the Air Max Waffle - a bold hybrid silhouette that merges two distinct eras of the
Candy Kittens Set to Acquire UK Snack Brand Graze from Unilever
British TV personality Jamie Laing's vegan confectionery brand, Candy Kittens, is poised to take over UK snack company Graze in a new deal involving its parent company and Unilever. The
Elon Musk Apologises to Sacked Twitter Worker Over Online Row
Twitter chief executive Elon Musk has apologised over an exchange he had on the platform with an employee. It came after worker Halli Thorleifsson tweeted to Mr Musk saying: "Your
Amazon Set to Begin New Round of Layoffs Affecting More Than 18,000 People
Amazon is expected to begin a fresh round of job cuts in what looks poised to become the largest workforce cuts in its 28-year history as reported on CNBC. Earlier
Bugatti Unveils $4 Million, 1,800-Horsepower Hybrid Supercar
Bugatti has introduced its latest marvel, the Bugatti Tourbillon, a $4 million hybrid powerhouse set to replace the $3.3 million, 1,500 horsepower Chiron. This new model, boasting 1,800 horsepower, combines
Beauty Giant Avon Faces Criticism Over Business Continuation in Russia
Avon, the renowned beauty company, is facing scrutiny for maintaining business operations in Russia despite the ongoing conflict in Ukraine. The BBC investigation has revealed that Avon is actively recruiting
Flutterwave Named Among TIME’s 2025 Most Influential Companies
Nigerian-born fintech giant Flutterwave has earned a spot on the 2025 TIME100 Most Influential Companies list, marking its second appearance on the prestigious global ranking. The Lagos-founded payment technology firm
Spotify Shifts Focus to AI, Slashing Staff in Bid for Podcasting and Audiobook Domination
In a strategic move to boost margins in its podcasting and audiobook divisions, Spotify has announced a major shift towards artificial intelligence (AI), resulting in a series of layoffs. The
From Supercars to Skylines: Why Luxury Carmakers Are Building High-End Skyscrapers
Bugatti has long been known for crafting some of the world’s most powerful and expensive supercars. Now, the iconic French brand is shifting gears - away from racetracks and toward
Tesla Scales Back Vehicle Lineup As Focus Shifts To AI And Robotics
Tesla has reported its first annual drop in revenue as the electric vehicle maker pivots towards artificial intelligence and robotics, marking a significant change in strategy for the company. The
OPay Highlights Smart Business Solutions At Nigeria Agrofood International Trade Show 2026
OPay took centre stage as a major sponsor at the Nigeria Agrofood International Trade Show 2026, held from March 24 to 26 at the Landmark Centre in Lagos. The annual
Jetstar Asia to Cease Operations in July, Over 500 Jobs Affected
Singapore-based budget airline Jetstar Asia is set to shut down operations by the end of July, bringing an end to more than two decades of service across the region. The
OpenAI Introduces ChatGPT Health Feature in the US
OpenAI has unveiled a new feature called ChatGPT Health, allowing users in the United States to upload medical records and fitness data for more personalised health-related responses. While the company
World Bank Team Visits NEMA To Boost Disaster Preparedness in Nigeria
The National Emergency Management Agency (NEMA) has hosted a technical delegation from the World Bank Group as part of ongoing efforts to strengthen disaster preparedness and response systems in Nigeria.
GTA 6 Trailer Hits 250 Million Views, Breaks Records Without Breaking a Sweat
Nearly five months after its release, the official trailer for Grand Theft Auto VI continues to dominate the gaming world - despite being the only official content released by Rockstar
Washington Post Publisher Fred Ryan Steps Down
Fred Ryan, the publisher and chief executive of The Washington Post, has announced his departure from his position after nearly a decade of leading the newspaper. Ryan, who had previously
