Monster and CareerBuilder File for Bankruptcy, Sell Off Key Assets
Monster and CareerBuilder, once dominant players in the online job search industry, have filed for Chapter 11 bankruptcy as they move to sell off core parts of their business under
Disney Extends CEO Bob Iger’s Contract Through 2026
The board of The Walt Disney Company has unanimously voted to extend CEO Bob Iger's contract by two years, until the end of 2026. When Iger returned to the CEO
Nike, Ronaldo, Real Madrid Generate Highest Sponsorship Value
The NFL is the world’s richest sports league, with the pending sale of the Washington Commanders for $6 billion the latest example of its wealth. But when it comes to
Tesla Stock Plummets as Sales Decline and Investor Confidence Wanes
Tesla’s stock has taken a steep dive, shedding over 40% of its value since January and wiping out the gains it made after the U.S. presidential election. The decline has
Charlene de Carvalho-Heineken Becomes World’s Richest Person as Elon Musk Falls to Third Place
Dutch billionaire Charlene de Carvalho-Heineken, the largest shareholder in Heineken, has made history as the world’s richest person, with an estimated net worth of $11.04 trillion as of March 5,
Gap Insists it is Making Progress Despite Declining Sales
The Gap Inc reported better-than-expected results, despite experiencing sales drops across all its brands and net losses in the fourth quarter. This positive outcome was also observed in other retailers
Nvidia Flags Intensifying Competition from Huawei Despite U.S. Sanctions
Tech giant Nvidia has raised concerns over increasing competition from Chinese telecommunications firm Huawei, even as U.S. sanctions continue to restrict the company’s access to American technology. In its latest
Microsoft to End Office Apps Support on Windows 10 After October 14
Microsoft has announced it will stop supporting Microsoft 365 apps, including Office apps, on Windows 10 devices after October 14, 2025. The move aligns with Windows 10’s scheduled end of
Universal Music Group Receives $64bn Takeover Bid From Pershing Square
Universal Music Group, one of the world’s largest music companies, has confirmed it is reviewing a multibillion-dollar takeover proposal from Pershing Square, the US-based investment firm led by billionaire Bill
Meet the REV-9 Laptop: A Monster with a 64-Core CPU, Full Liquid Cooling System, and a Desktop RTX 4080
Chinese laptop manufacturer Zhanjiang Xinjuneng has introduced the REV-9, a powerhouse laptop that prioritizes raw computing power over sleek design. Touted as the first laptop featuring a 64-core CPU, the
Theophilus Akhimie Speaks on Afrobeats’ Global Impact and the Headies Awards
Theophilus Akhimie, a U.S.-based Nigerian brand and marketing expert, and an avid enthusiast of the entertainment industry, is eagerly looking forward to the forthcoming 2023 edition of the prestigious Headies
Tinubu Hires Special Investigator to Probe CBN, Trace Stolen Funds
President Bola Tinubu has taken decisive action in the fight against corruption by appointing a Special Investigator to look into the activities of the Central Bank of Nigeria (CBN) and
Microsoft AI Chief Says Company Is Building Chatbots Safe Enough for Children
Microsoft’s Head of Artificial Intelligence, Mustafa Suleyman, has said the company is committed to developing AI systems that are emotionally intelligent, supportive, and safe enough for children to use -
Microsoft to Retire Remote Desktop App, Shifts Users to Windows App
Microsoft has announced plans to discontinue its Remote Desktop app for Windows, urging users to switch to the Windows App for remote access needs. According to Microsoft, support for the
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,
From Freiburg to Faraway Futures: How Germany’s Labour Crisis is Opening Doors for Young Indians
On a quiet day in February 2021, an email landed in the inbox of a German trade official - and with it, the seed of an unlikely solution to one
Evergrande Delisted in Hong Kong After Debt-Driven Collapse
Chinese property giant Evergrande has been formally removed from the Hong Kong stock exchange, drawing a line under the dramatic downfall of what was once the country’s largest real estate
What Percent Does Michael Jordan Get From Nike? Breaking Down GOAT’s Career Earnings From $184 Billion Brand
Michael Jordan is one of the most famous names, not only in basketball, but across sports. Heck, his popularity transcends the boundaries of sports and breached other aspects of the
Tesla Directors Will Return $735 Million to Company to Settle Shareholder Suit
In one of the largest shareholder settlements of its kind, Tesla directors have agreed to return $735 million to the company to resolve claims of grossly overpaying themselves. According to
Canada Warns Jeep-Maker Stellantis Over Plans To Shift Production To U.S.
The Canadian government has warned multinational car manufacturer Stellantis that it may face legal action if it proceeds with plans to move production of the Jeep Compass from Ontario to
