Biotech giant Regeneron Pharmaceuticals has announced plans to acquire genetic testing firm 23andMe for $256 million, following the company’s bankruptcy proceedings. The deal was confirmed on Monday and is expected

Despite Boeing's ongoing challenges, CEO Dave Calhoun received a significant boost in compensation in 2023, totalling $32.8 million, marking a 45% increase from the previous year. This hefty sum includes

The Federal Communications Commission (FCC) has officially announced the termination of the Affordable Connectivity Program (ACP), a federal initiative that provided internet access to millions of low-income Americans. The program's

Global technology leaders Meta, Alphabet, and Microsoft are ramping up spending on artificial intelligence (AI) as competition intensifies to dominate the rapidly expanding sector. The massive investments, revealed in fresh

Soda is making a notable resurgence in the U.S., as consumers return to classic beverages like Coca-Cola and Dr Pepper, according to recent quarterly earnings reports. Both soda giants reported

The Academy Awards will shift to exclusive streaming on YouTube beginning in 2029, marking a major change in how one of Hollywood’s most prestigious events reaches audiences worldwide. The Academy

In a strategic move, Hertz, a company that had been significantly expanding its electric vehicle (EV) fleet, has decided to sell around 20,000 electric cars, constituting a third of its

In the aftermath of Microsoft's acquisition of Activision Blizzard King, Sony foresees a challenging future, projecting a significant financial setback of $1.5 billion by 2027. The tech giant perceives Microsoft's

Microsoft on Monday confirmed it is making a “multibillion dollar” investment in OpenAI, the company behind the viral new AI chatbot tool called ChatGPT. As reported on CNN, Microsoft, an

BP has agreed to sell a controlling stake in its Castrol lubricants business in a deal worth $6bn (£4.4bn), as the energy giant accelerates efforts to streamline operations and reduce

Washington Post's new publisher and CEO, Will Lewis, is under intense scrutiny following allegations of unethical journalism practices from his past tenure at the Sunday Times. A New York Times

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.

Alphabet shares are on pace for their worst day in over two months following a report indicating the Google parent company is in danger of losing a key multibillion-dollar search

OpenAI has introduced its latest iteration of the ChatGPT AI chatbot, named GPT-4o, promising enhanced capabilities and a more engaging conversational experience for users. Unlike previous models, GPT-4o will be

Microsoft’s CEO, Satya Nadella, received a $79.1 million compensation package for the past fiscal year, marking a 63% increase from the previous year, despite his personal request for a reduction

PepsiCo has announced a $216 million multi-year investment in long-term, strategic partnership agreements with three of the most well-respected farmer-facing organizations – Practical Farmers of Iowa (PFI), Soil and Water

Disney has agreed to a $1bn (£740m) partnership with OpenAI that will allow users to create images and videos featuring characters from the entertainment giant’s vast catalogue using tools such

The Hennessy Cypher 2023 is taking the Nigerian rap community by storm with its unmatched lyrical showcase. Featuring a stellar lineup of Ladipoe, Vector, Blaqbonez, and Zlatan, this year's Hennessy

Leonid Radvinsky, the owner of OnlyFans, paid himself $631 million over a span of nearly two years as the platform saw significant growth in user traffic. According to newly released

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