EU Accuses Apple of Breaking New Tech Rules, Threatening Huge Fine
European Union regulators have taken a significant step in their ongoing battle with Big Tech, accusing Apple of violating tough new digital competition regulations. The European Commission's preliminary findings, announced
Apple Sued by Two Women Alleging Their Exes Used AirTags to Stalk Them
Apple has been sued by two women who allege their previous romantic partners used the company’s AigTag devices to track their whereabouts, potentially putting their safety at risk. As reported
Lexus and Adidas Team Up on a Purple SUV Inspired by ‘Black Panther’
In a recent partnership between Adidas and Lexus, the hit Wakanda Forever is rendered in car form. Inspired by Black Panther and working with students at Adidas S.E.E.D. (School for
Ferrari Chairman John Elkann to Perform Community Service in €183m Tax Dispute Settlement
John Elkann, chairman of Ferrari and Stellantis, has agreed to perform one year of community service and jointly pay €183 million (£159 million) to Italian tax authorities, bringing an end
Dangote Refinery Raises Alarm Over Alleged Sale of Substandard Fuel by Nearby Company
Dangote Refinery has raised concerns over a nearby facility allegedly involved in the blending and sale of substandard petroleum products in Nigeria. The company claims that an international trading firm
General Mills Sells North American Yogurt Division in $2.1 Billion Deal to Refocus on Core Brands
General Mills, the food giant behind popular brands like Cheerios, announced plans to sell its North American yoghurt business to two French dairy companies, Groupe Lactalis and Sodiaal, in a
Investors Pull $1.6 Billion From Binance After CFTC Lawsuit
Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday. The U.S. Commodity
Carlos Ghosn Sues Nissan For $1 Billion in Lebanon
Former Nissan chairman Carlos Ghosn has filed a lawsuit against the company for over $1 billion, as revealed in a copy of the lawsuit seen by Reuters and filed with
Drivers Offered Up to £3,750 Discount to Buy Electric Cars
Drivers in the UK will soon be able to claim discounts of up to £3,750 on select new electric vehicles as part of a new government-backed initiative aimed at accelerating
Why Walmart is Closing Half its Stores in Chicago
Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020 to expand in the city as part of its corporate racial
Amazon Unveils New “Haul” Shopping Experience to Compete with Temu and Shein’s Low-Price Model
Amazon has launched a budget-friendly shopping outlet called Haul, offering U.S. customers products capped at $20 (around £15.79) as it takes aim at popular low-cost retailers Temu and Shein. Haul,
Who was Brian Thompson, Healthcare CEO Gunned Down in New York?
Brian Thompson, a prominent figure in the U.S. healthcare sector, tragically lost his life on Wednesday in what appears to be a targeted attack in Manhattan. Known for his leadership
MacKenzie Scott Sold Over $10 Billion Worth of Amazon Shares in 2023, Continues Philanthropic Efforts
MacKenzie Scott, the philanthropist and ex-wife of Amazon founder Jeff Bezos, has reportedly sold nearly 65.3 million Amazon shares in the past year, amounting to a value exceeding $10 billion,
Pentagon Awards Major AI Contracts to Google, xAI, OpenAI, and Anthropic
The U.S. Department of Defense has awarded contracts worth up to $200 million each to four of the world’s leading artificial intelligence firms - Google, OpenAI, Anthropic, and Elon Musk’s
Como 1907 and Adidas Forge Path with Multi-Year Partnership
Como 1907 Football Club has entered into an exciting new chapter with global sportswear giant Adidas, announcing a multi-year partnership set to commence from the 2024/25 season. This collaboration will
Dick’s Sporting Goods is Buying Foot Locker for $2.4 Billion
Dick’s Sporting Goods has announced plans to acquire longtime rival Foot Locker in a $2.4 billion agreement, marking a major move in the evolving retail landscape as apparel companies seek
Rite Aid Sells Pharmacy Assets of Over 1,000 Stores to Competitors Amid Bankruptcy Struggles
Rite Aid has announced the sale of pharmacy assets from more than 1,000 of its stores to major rivals, including CVS Pharmacy, Walgreens, Kroger, and Albertsons, as part of its
Apple Announces Record $110 Billion Share Buyback Amidst Declining iPhone Sales
Apple has revealed its first-quarter revenue of $90.8 billion, marking a 4% decrease year-over-year, signalling challenges in growth, particularly in the Chinese market, amidst an uncertain economic landscape. In response
Airline Resurgence: Unexpected Hotspots Drive Asia’s Aviation Boom
In a remarkable turn of events, India's Tata Group's acquisition of the country's long-struggling national carrier, Air India, is proving to be a pivotal moment in the aviation industry, igniting
NBA and Warner Bros. Discovery Headed for Legal Showdown Over Broadcasting Rights
The National Basketball Association (NBA) and Warner Bros. Discovery (WBD), the parent company of TNT, are on a collision course toward a legal battle over broadcasting rights, setting the stage
