Paramount Sweetens Hostile Bid for Warner Bros. Discovery With $40bn Personal Guarantee From Larry Ellison
Paramount has escalated its hostile takeover attempt of Warner Bros. Discovery (WBD) by announcing that Oracle founder Larry Ellison will personally guarantee the full equity portion of the proposed deal,
Apple Could be About to Make the Biggest Change to the iPhone in 11 Years
Apple is gearing up to unveil its iPhone 15 in the coming days, and there's widespread anticipation that the new device will bring a significant change: the adoption of USB-C
Lagos-Calabar Highway Set to Drive Nigeria’s Economic Transformation
Nigeria’s ambitious Lagos-Calabar Coastal Highway, a 700-kilometre project led by Hitech Construction, is poised to revolutionise the country's economic landscape. By improving connectivity across key regions, this transformative infrastructure development
Hushpuppi’s Associate, Woodberry, Pleads Guilty, Forfeits $8m, Assets
Olalekan Jacob Ponle, known as Woodberry, has pleaded guilty to wire fraud. He also agreed to forfeit $8 million in proceeds of wire fraud as well as luxury cars and
Tesla Unveils Lower-Priced Cybertruck at $59,990
Tesla has rolled out a cheaper version of its futuristic Cybertruck, offering buyers a lower entry point into the electric pickup lineup - though the price still falls well above
Trump’s TikTok Lifeline Sparks Celebration in the U.S., Criticism in China
Millions of TikTok users across the United States celebrated a temporary reprieve after former President Donald Trump delayed the enforcement of a controversial legal ban on the popular social media
Damola Adamolekun: The Nigerian Visionary Leading Red Lobster’s Global Revival
In an industry where innovation often comes at the cost of tradition, Damola Adamolekun has found a way to honour both. At the helm of Red Lobster, one of the
OpenAI Announces ChatGPT Successor GPT-4
OpenAI has released GPT-4, the latest version of its hugely popular artificial intelligence chatbot ChatGPT. The new model can respond to images - providing recipe suggestions from photos of ingredients,
Columbia University to Pay $200 Million in Federal Settlement
Columbia University has reached a $200 million settlement with the Trump administration following allegations that it failed to adequately protect Jewish students during pro-Palestinian protests on its New York City
ChatGPT Can Now Handle Reminders and To-Dos
OpenAI has launched a beta feature called "Tasks" for ChatGPT, enabling users to schedule reminders and future actions. This feature aims to expand ChatGPT's capabilities beyond real-time interactions, making it
Five Nikola Electric Trucks Catch Fire at Phoenix Headquarters, Company Says ‘Foul Play Suspected’
Nikola, a startup specializing in electric and hydrogen-powered semi trucks, reported in a tweet that several of its trucks were damaged in a fire at its Phoenix, Arizona headquarters. The
DEI is Winning with Costco, Apple and Levi’s Shareholders
DEI is winning with Costco, Apple and Levi’s shareholdersDespite mounting political pressure and public backlash against diversity, equity, and inclusion (DEI) initiatives in corporate America, shareholders at some of the
Man Pleads Guilty to $8m Fraud Using AI-Generated Music and Bot Streams
A US man has pleaded guilty to orchestrating a large-scale fraud scheme that used artificial intelligence and automated bots to generate millions in streaming royalties. According to the US Department
UK Pushes Back Driverless Car Rollout to 2027 as Uber Says It’s Ready to Launch
Uber says it is ready to deploy driverless taxis on UK roads, but new government timelines suggest fully autonomous vehicles won’t be approved until late 2027. While previous government projections
Melinda French Gates Explains Departure from Gates Foundation and Announces New Philanthropic Focus
Melinda French Gates, renowned philanthropist and co-founder of the Bill & Melinda Gates Foundation, has revealed her motivations for resigning from the foundation and detailed her future philanthropic plans. In
YouTube Ramps Up Efforts to Compete with TikTok, Offering Lucrative Deals to Creators
YouTube is intensifying its battle against rivals like TikTok and Instagram by investing heavily in its Shorts feature, offering substantial payouts to creators in a bid to dominate the short-form
Barclays Bank Shuts 27 More Branches as UK Loses 330 Banks in One Year | See Full List
As a direct reaction to low customer numbers as well as a shift to online banking, Barclays Bank is closing another 27 bank branches, and will have closed a total
Former Prime Video Executive Invests in Lagos-Based Animation Studio Taeps
Zaia Ventures, the venture capital firm founded by former Prime Video executive Ukonwa Ojo in 2022, has acquired a stake in Taeps Animation Studios, a rising animation studio based in
BYD Recalls Nearly 97,000 Top-Selling EVs Due to Steering Control Fault
Chinese electric vehicle giant BYD is recalling approximately 97,000 of its Dolphin and Yuan Plus electric vehicles (EVs) due to a defect in the steering control unit that poses a
WWE Sells Itself to UFC
World Wrestling Entertainment has been sold to Endeavor Group, the parent company of competitor UFC, to form a new publicly traded company. The newly combined company has a value of
