Infinix Unveils Note 50 Series, Blending Sleek Design with Durable Engineering
Infinix has rolled out its latest smartphone lineup, the Note 50 Series, positioning it as a stylish yet resilient alternative to high-end devices that dominate the market. With a starting
Canada Shuts Down TikTok’s Business Operations
The Canadian government has ordered the closure of TikTok's business operations in the country, citing significant national security risks. The move, announced on Wednesday, includes the shutdown of TikTok's offices
Apple Delays Plan to Make Staff Return to its California HQ 3 Days a Week Indefinitely
Apple has delayed plans to bring workers back to the office three days a week as COVID cases in its home state of California surged once again. The tech company blamed
Dangote Group’s Market Value Drops by N1.21 Trillion in July Amid Refinery Dispute
In July 2024, companies under the Dangote Group experienced a significant drop in market capitalization, shedding approximately N1.21 trillion. The decline affected Dangote Cement, Dangote Sugar Refinery, and NASCON Allied
Fortnite Set to Return to iPhones in EU Following EU Law Changes
After a four-year absence, the immensely popular video game Fortnite is making a comeback to iPhones, thanks to a new EU law aimed at enhancing competition. Epic Games, the developer
Meta Warns of ‘Worse’ User Experience in Europe After EU Ruling on Data Consent Model
Meta has cautioned that users across Europe could soon face a “materially worse” experience on Facebook and Instagram following a recent regulatory crackdown by the European Commission. The warning, issued
OpenAI Secures $6.6 Billion in Funding, Valuing the AI Leader at $157 Billion
OpenAI, the tech company behind ChatGPT, has raised $6.6 billion in a new funding round, bringing its valuation to a staggering $157 billion. This puts OpenAI on par with major
Samsung Electronics Workers Stage Historic Walkout
Seoul, June 7, 2024 - For the first time in its 55-year history, workers at Samsung Electronics in South Korea have gone on strike. The Nationwide Samsung Electronics Union (NSEU)
Cold Calling to be Banned Under Government Plan to Target Scammers
Cold calls offering financial products will be banned under government plans aimed at stopping fraudsters from tricking people into buying fake investments. Rishi Sunak said the move was needed to
AT&T Stock Hits Lowest Level Since 1993 Amid Lead Cable Controversy
On Tuesday, AT&T's stock fell to its lowest level since 1993, continuing its downward trend after a report revealed that several of the country's largest network providers, including Verizon and
CBN Revokes Heritage Bank’s License
The Central Bank of Nigeria (CBN) has announced the immediate revocation of Heritage Bank Plc’s banking license due to its ongoing financial instability and inability to recover despite regulatory interventions.
Ubisoft Shareholder Accuses Company of Withholding Talks with EA, Microsoft
A shareholder of Ubisoft has accused the company of failing to disclose meetings with Electronic Arts (EA) and Microsoft regarding the potential acquisition of its intellectual properties (IP). The shareholder,
EU Court Orders Meta to Limit Use of Data for Personalised Ads
Meta, the parent company of Facebook, has been ordered by the European Union's highest court to reduce its use of individuals' data for personalised advertising, marking a major victory for
Samsung Profit Falls 55% as AI Chip Race Intensifies
Samsung Electronics has reported a sharp 55% drop in second-quarter operating profit, falling to ₩4.7 trillion ($3.4bn) from ₩10.4 trillion ($7.5bn) a year earlier, as the company continues to lose
China Says it ‘Firmly Opposes’ a Potential Forced Sale of TikTok
China said it would “firmly oppose” any forced sale of TikTok, in its first direct response to demands by the Biden administration that the app’s Chinese owners sell their share
Stellantis Recalls Over 1.2 Million Ram Trucks Due to Brake System Software Issue
Stellantis, the global automaker, is recalling more than 1.2 million Ram 1500 trucks due to a software glitch in the anti-lock brake system (ABS), according to a statement from the
Federal Government Releases Second Batch of N5 Billion Creative Fund to Nollywood
The Federal Government has announced the disbursement of the second batch of the N5 billion Creative Fund, aimed at boosting Nigeria's creative sector. The Creative Fund, initiated in December 2023
Netflix is Different Now – and There’s No Going Back
In a transformative shift, Netflix has undergone substantial changes over the past two years to solidify its position as a revenue-driving powerhouse in the highly competitive streaming industry. The streaming
Oracle Commits $40 Billion to Power Massive Nvidia-Backed AI Data Center in Texas
Oracle has pledged a staggering $40 billion to purchase Nvidia’s cutting-edge chips as part of a landmark effort to build one of the world’s largest data centers in Abilene, Texas.
Jemima Osunde Reveals Three-Year Health Struggle Following Contaminated Set Meal
Nigerian actress Jemima Osunde has shared details of a prolonged health battle stemming from an incident three years ago when she consumed contaminated food while on a film set. In
