Honda Recalls Over 300,000 Accords and HR-Vs Due to Seat Belt Defects
Japanese automaker Honda has issued a recall for more than 300,000 vehicles, citing faulty seat belts as the cause for concern. The recall, announced in a notice filed with the
What Americans Think of a TikTok Ban
Half of Americans support a US government ban on TikTok, while 22% oppose the idea and more than a quarter are unsure, according to a Pew Research Center survey released.
China Offers Parents $1,500 in Bid to Boost Births
China has announced its first nationwide child subsidy, offering 3,600 yuan ($500) annually for each child under the age of three, in an effort to counter the country’s declining birth
CBN Closes 31 Banks in Lagos and 72 Microfinance Banks Nationwide
The Central Bank of Nigeria (CBN) recently announced the closure of 31 banks in Lagos as part of a larger effort to strengthen the banking sector in Nigeria. This action
Meta Releases Clues on How AI is Used on Facebook and Instagram
In response to the increasing demand for transparency in artificial intelligence, Meta has unveiled a range of tools and information designed to help users understand how AI influences the content
MTV News to Shut Down as Paramount Media Networks Slashes US workforce
Paramount Media Networks, MTV and Showtime, which are divisions of Paramount, announced on Tuesday that it would shut down MTV News and reduce its workforce by 25%. Chris McCarthy, the
Ajax Unveils Special 125th Anniversary Kit Inspired by Club’s Historic Look
Dutch football giants Ajax have unveiled a special edition anniversary kit in collaboration with adidas to mark the club’s 125th anniversary. The design pays homage to Ajax’s first-ever white-red-white kit,
Disney Pursues Strategic Alliance with Reliance Industries in Bid to Revitalize Presence in India
Walt Disney is navigating a pivotal juncture as it seeks to redefine its trajectory in India, a market it entered with the acquisition of Star India from 21st Century Fox
Apple Agrees to Up to $500 Million Settlement Over iPhone Slowdown Controversy
In a significant development marking the resolution of a long-standing legal battle, tech behemoth Apple has conceded to pay a settlement amounting to hundreds of millions of dollars, addressing allegations
Los Angeles Lakers Majority Ownership Set to Change Hands in Record-Breaking Deal
The Los Angeles Lakers are poised to undergo a historic ownership change, with the majority stake in the iconic NBA franchise reportedly being sold for an estimated $10 billion -
Adidas’s New Gen Z, Fashion-Forward Line is its Biggest Launch in 50 Years
Adidas is adding a third label to its brand lineup. Sportswear, a fashion-forward line aimed at Gen Z, is the company’s first full collection launch in 50 years. Situated between
OpenAI to Stay Under Nonprofit Oversight Despite For-Profit Restructuring Plans
OpenAI has announced it will retain its nonprofit governance structure even as it moves forward with plans to reshape its for-profit subsidiary in order to attract new investment. The decision
Microsoft Claims Quantum Breakthrough That Could Transform Computing by 2029
For decades, quantum computing has been portrayed as the next great frontier in technology - a field capable of solving problems that would take today's most powerful supercomputers centuries to
Unilever Records N15.1bn Profit
Unilever Nigeria Plc has reported a net profit of N15.1 billion for the 2024 financial year, marking a significant 79% increase from the N8.4 billion recorded in 2023. The company's
Investors Lose N37 Billion Amid Sell-Offs in Nigerian Banking Stocks
Investors at the Nigerian Stock Exchange (NGX) experienced a loss of N37 billion as the domestic equity market faced a decline, largely driven by sell-offs in Tier One banking stocks.
Starbucks is Going Retro to Make Customers Feel Welcome Again
In a bid to win back customers, Starbucks is reintroducing handwritten names on cups and self-serve stations for cream and sugar. CEO Brian Niccol, who took the helm of the
FC Barcelona Weighs $240 Million Sponsorship Offer Amid Nike Rift
FC Barcelona is considering a lucrative sponsorship offer from a competitor of its current kit sponsor, Nike, which could inject an immediate $240 million (€220 million) into the club, as
Singapore Police Granted New Powers to Freeze Bank Accounts in Anti-Scam Crackdown
Singapore has enacted a new law empowering police to temporarily seize control of individuals’ bank accounts and block financial transactions if they suspect the person is at risk of being
Microsoft Empowers Copilot Studio with New ‘Computer Use’ Automation Feature
Microsoft has introduced a powerful new feature to its Copilot Studio platform that allows AI agents to independently interact with websites and desktop applications - without needing traditional API access.
Zuckerberg Testifies in FTC Antitrust Trial, Admits He Once Considered Spinning Off Instagram
Meta CEO Mark Zuckerberg this week took the stand in a pivotal antitrust trial brought against the company by the U.S. Federal Trade Commission (FTC), defending Meta’s acquisitions of Instagram
