Netflix Cuts 300 More Jobs After Subscriptions Fall
As it continues to battle against declining growth and increased competition, online streaming platform, Netflix has announced yet another round of job cuts following a decline in its subscriber base.
Meta Challenges Ofcom In UK High Court Over Online Safety Fees
Meta, the parent company of Facebook and Instagram, has launched a legal challenge against UK media regulator Ofcom over fees and possible penalties introduced under the country’s Online Safety Act.
OnlyFans Owner Leonid Radvinsky Earns $631 Million Amid Surge in Subscribers
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
Tesla Recalls 380,000 Vehicles in the U.S. Over Power Steering Assist Issue
Tesla is recalling nearly 380,000 vehicles in the United States due to a power steering assist failure that could make steering more difficult, especially at low speeds, increasing the risk
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
California Attorney General Sues 23andMe Successor Over Massive Data Breach
California Attorney General Rob Bonta has announced legal action against Chrome Holding, the company that succeeded genetic testing firm 23andMe, over allegations linked to a major data breach that compromised
Pepsi Pulled from Supermarket Shelves in Europe Over Price Increases
In a bold move reflecting the ongoing clash between retailers and suppliers over rising prices, Carrefour, one of France's largest supermarket chains, has decided to cease selling PepsiCo products due
Beauty Giant Avon Faces Criticism Over Business Continuation in Russia
Avon, the renowned beauty company, is facing scrutiny for maintaining business operations in Russia despite the ongoing conflict in Ukraine. The BBC investigation has revealed that Avon is actively recruiting
Berlin Airport Cancels All Departures on Monday Due to Strike
Germany's Verdi union called for a one-day strike of air security staff at Berlin airport on Monday as part of an ongoing wage dispute, prompting the airport to cancel all
LG Launches Mosquito Repellent Air Conditioner in Nigeria
LG Electronics has introduced a groundbreaking air conditioning system to the Nigerian market, unveiling the Dual Inverter Air Conditioner with its innovative Mosquito Away feature. This marks a significant step
Sacked Twitter Employees in Ghana Receive Compensation After Long Battle
Former employees of X, formerly known as Twitter, who were sacked from the company's African headquarters in Ghana over a year ago, have finally received their pay-off, according to the
Buy 2 Million Litres of Fuel at N970 – Dangote to Nigerians
The Dangote Petroleum Refinery has announced that customers can purchase a minimum of two million litres of Premium Motor Spirit (PMS), commonly known as petrol, at a rate of N970
Chevron to Relocate Headquarters from California to Houston
Chevron has announced plans to move its headquarters from San Ramon, California, to Houston, Texas, marking the first time in over a century that the energy giant will not be
Unpacking Jay-Z and Puma’s Relationship
The alliance between Jay-Z and PUMA has long been a staple in the world of fashion and footwear. From collaborative projects to Jay-Z's consistent sporting of PUMA sneakers, the partnership
Nokia And NASA Plan To Deploy 4G Network On The Moon
The idea of sending text messages from the Moon or streaming data from deep space may soon move from science fiction to reality, as NASA and Nokia prepare to install
Apple At 50: The Products That Redefined Tech – And Those That Fell Short
Few companies have shaped everyday technology as profoundly as Apple. From its humble beginnings in a California garage to becoming one of the most influential brands in the world, Apple’s
James Murdoch Reportedly In Talks To Acquire New York Magazine, Vox Podcasts
James Murdoch is reportedly in discussions to acquire New York magazine and Vox Media’s podcast network in a deal estimated to be worth more than $300 million. According to reports,
Marissa Mayer Figures Yahoo Could’ve Done Better Buying Netflix Instead of Tumblr
During her tenure as CEO of Yahoo, Marissa Mayer admits that the company's $1.1 billion acquisition of Tumblr in 2013 was not the best decision. Mayer revealed in an interview
Jeff Bezos May Cash Out Billions in Amazon Stock This Year
Amazon's founder, Jeff Bezos, is considering selling up to 50 million shares of Amazon stock over the next year, as revealed in a regulatory filing on Friday. The estimated value
Amazon to Invest Up to $4 Billion in Anthropic, a Rival to ChatGPT Developer OpenAI
Amazon, the global e-commerce powerhouse, has announced its intention to invest a substantial sum, up to $4 billion, in the artificial intelligence (AI) company Anthropic. This strategic move also entails
