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Legendary Rock Band Kiss Sells Brand and Music Catalogue for Over $300 Million
In a monumental deal, the iconic hard rock band Kiss has sold its extensive catalogue of songs, alongside its brand, likeness, and intellectual property, to Swedish music investor Pophouse Entertainment
Netflix Just Launched its Cheapest Plan – With a Catch
In 2019, Netflix said in a letter to shareholders “we… are advertising free,” and added that being commercial-free is a “deep part of our brand proposition.” As reported by CNN,
Puma Sets Sights on Ousting Nike as Relations with Barcelona Strain
In a longstanding partnership spanning 25 years, Barcelona and Nike have enjoyed a fruitful collaboration, symbolized by the iconic Blaugrana shirt. However, recent developments suggest that this enduring relationship may
Kim Kardashian Adds Private Equity Firm to Her Portfolio
Reality TV star Kim Kardashian has launched her own private equity firm, co-founded with a former partner at investment firm the Carlyle Group. SKKY Partners, will focus on investing in
Saudi Investment Fund to Acquire 10% Stake in Heathrow Airport
Saudi Arabia's Public Investment Fund (PIF) has reached an agreement to purchase a 10% stake in Heathrow Airport from Spanish infrastructure company Ferrovial. Additionally, France-based private equity fund Ardian will
Meta Platforms Stock Hits 15-Month High After Earnings Crush Estimates, Expenses Drop
Meta Platforms (META) stock rose more than 14% on Thursday after the company reported first quarter results late Wednesday that blew away expectations while raising its forecast for the current
Woodford Reserve Unveils Custom Artwork for 2024 Kentucky Derby Bourbon
As anticipation builds for the upcoming Kentucky Derby on May 4th, Woodford Reserve has introduced its highly anticipated 2024 commemorative bourbon bottle, adorned with captivating custom artwork sure to enthral
Alibaba Posts Flat Revenue Growth For the First Time
Alibaba has posted a flat revenue growth for the first time since becoming a public company, but investors don't seem to be ruffled by this, as reported by CNN. Shares
Bad Bunny and Music Stars Want a Copyright Case Over Reggaeton Beats Thrown Out
Bad Bunny and other music industry stars, including Pitbull, Justin Bieber, and Taylor Swift, are seeking to have a copyright infringement lawsuit thrown out of court. Lawyers representing Bad Bunny
Microsoft Introduces Background Removal Feature in Windows 11 Paint Application
Microsoft is bringing a new and handy feature to its Paint application in Windows 11, allowing users to easily remove backgrounds from images with just a single click. This enhancement
Hyundai, LG to Spend $2 Billion More on Georgia Battery Plant
Hyundai Motor Group and LG Energy Solution have announced plans to increase their joint investment in a battery manufacturing plant located in Georgia by an additional $2 billion. This expansion
Elon Musk Again Loses His Place as World’s Richest Man
Tesla founder Elon Musk regained his title as the world's richest person on Monday. This was reported by Bloomberg. In December 2022 he was dethroned by Louis Vuitton CEO Bernard
Bank of England Reveals King Charles III Banknote Designs
The Bank of England has unveiled plans to keep a lasting legacy alive with the circulation of new banknotes featuring King Charles III in mid-2024. The United Kingdom’s central bank
Google Agrees to $392 Million Settlement With 40 States Over Location Tracking Practices
Google has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. As reported
Researcher Uses a $25 Device to Hack Into Elon Musk’s Starlink System
During the Black Hat security conference in Las Vegas, a cyber-security researcher from Belgium, Lennert Wouters managed to hack Elon Musk's Starlink internet system for the first time ever by
Nike Could be Left Without Barça and Lamine Yamal in One Fell Swoop
In a surprising turn of events, Lamine Yamal, the rising star in international football, may be on the brink of changing his sponsorship allegiance from Nike to Adidas. The young
CEO Zhao Calls Binance Nigeria Limited Scam Entity
The chief executive officer (CEO) of Binance, Mr Changpeng “CZ” Zhao, has called Binance Nigeria Limited a scam entity, noting that the cryptocurrency exchange has issued a cease and desist
Champagne Sales Lose Fizz in 2023 After Covid-Era Peak
Champagne sales have experienced a downturn in 2023, stepping back from the record-breaking heights achieved in the Covid-19 era. The Comité Champagne, representing over 16,000 winegrowers and 320 Champagne houses,
Twitter Prepares to Roll Out New Paid Subscription Service that Includes Blue Checkmark
Twitter has launched an updated version of its iOS app that promises to allow users to pay a monthly subscription to receive a blue checkmark on their profiles, a feature
United Flight’s Plunge Toward the Ocean Was Caused by Pilot Error, NTSB Says
Federal investigators have determined that a United Airlines flight that came within 748 feet of crashing into the Pacific Ocean in 2022 was the result of pilot error, according to