Burberry CEO Steps Down Amid Profit Warning and Sales Decline
British luxury brand Burberry has announced the immediate departure of its CEO, Jonathan Akeroyd, following another challenging quarter with a sales drop of over 20%. Akeroyd, who held the position
Scarlett Johansson Takes Legal Action Against OpenAI Over ChatGPT Voice
Actor Scarlett Johansson has expressed shock and anger over the use of a synthetic voice in ChatGPT, released by OpenAI, which she claims closely resembles her own. In a statement
Starbucks to Revise Reusable Cup Reward in Loyalty Program Overhaul
Starbucks is phasing out one of its most popular loyalty rewards for eco-conscious customers as part of a broader effort to streamline perks and improve profitability. Starting June 24, the
Disney to Launch First Middle East Theme Park in Abu Dhabi
The Walt Disney Company has revealed plans to open its first-ever theme park in the Middle East, marking a major expansion of its global entertainment footprint. The new resort will
Sony Hikes PlayStation 5 Prices in Australia, New Zealand and EMEA Amid Tariff and Inflation Pressures
Sony Interactive Entertainment (SIE) has announced a price increase for the PlayStation 5 in several global markets, including Europe, the Middle East and Africa (EMEA), as well as Australia and
Average US Gasoline Price Jumps 33 Cents to $4.71 Per Gallon
The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon.Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the
EbonyLife Place Launches The Afrobeat, World’s First Afrobeats-Themed Restaurant in Lagos
LIn a landmark fusion of music, culture, and cuisine, EbonyLife Place officially opens The Afrobeat today Thursday, May 29, 2025 - hailed as the world’s first restaurant dedicated to celebrating
Elon Musk to Participate in Twitter All-Hands Meeting
American billionaire businessman, Elon Musk is scheduled to attend a virtual all-hands meeting on June 16, 2022.At the meeting, Musk is expected to field questions from the company he’s in
Sam Bankman-Fried Directed to Executives to Hide $8 Billion in Liabilities
Prosecutors of the Commodities Futures Trading Commission (CFTC) that filed a lawsuit against former billionaire Sam Bankman-Fried (SBF) have alleged that the crypto exchange's executives hid $8 billion in liabilities
Doom Faces the Challenges of 2025 Gaming Industry
Few video game franchises are as iconic as Doom. Since its debut in 1993, the first-person shooter has become a cornerstone of the gaming world. But even Doom and its
Apple to End Sales of iPhone 14 and iPhone SE in Europe Due to USB-C Mandate
Apple is preparing to phase out the iPhone 14, iPhone 14 Plus, and the third-generation iPhone SE in Europe by the end of 2024. The move comes in response to
Lamborghini Rules Out More Modernized Classics, Vintage Recreations
If you had your heart set on Lamborghini letting loose and producing a follow-up to the modern, Aventador-based Countach, then you probably won’t like this news. Speaking to Motor1.com at
Fueled by AI, Nvidia Joins the $1 Trillion Club
Nvidia (NVDA) has joined the elite group of companies with a market capitalization of $1 trillion, thanks to the surging demand for its AI chips. Only eight other companies worldwide
Toyota Issues Recall for 280,000 Vehicles Over Neutral Gear Safety Concerns
Toyota has announced a recall affecting approximately 280,000 pickups and SUVs in the United States due to potential safety issues related to the vehicles' neutral gear function. In a statement
Over 2,000 Jobs on the Line as Ocado to Shut Hatfield Facility
Ocado is set to shut one of its biggest customer fulfilment centres, putting at risk the jobs of some 2,300 staff who work there. The online retailer said its Hatfield
Unilever Initiates Job Cuts and Ice Cream Unit Spin-Off in Restructuring Plan
Unilever, the conglomerate behind household names like Marmite and Dove soap, has unveiled plans to slash approximately 7,500 jobs globally as part of a comprehensive three-year cost-saving initiative. Concurrently, the
Adidas Will Continue to Sell Kanye West’s Shoe Designs Without the Yeezy Name
Adidas officially ended its sneaker partnership with Ye, formerly known as Kanye West, last month after the musician’s anti-Semitic tirade. But Adidas will continue to sell the lucrative sneaker and
Court Halts NBC’s Effort to Terminate Nigeria’s Analogue-to-Digital TV Transition Contract
A High Court in Abuja has ordered the National Broadcasting Commission (NBC) to temporarily halt its move to terminate a contract related to Nigeria's transition from analogue to digital television.
Australian Home Prices Cross A$1 Million Mark Amid Deepening Housing Crisis
The average cost of a home in Australia has exceeded A$1 million for the first time, underscoring a worsening housing affordability crisis that is putting increasing financial pressure on everyday
Coca-Cola Reintroduces Mexican Soft Drink Barrilitos in California and Texas
Coca-Cola has relaunched the beloved Mexican soft drink Barrilitos in select U.S. markets, beginning with California and Texas, and potentially expanding to Nevada and Oklahoma in the near future. Barrilitos,
