Abu Dhabi-Backed Investors Closing in on Telegraph and Spectator Magazine Takeover Deal
A potential deal for Abu Dhabi-backed investors to acquire The Telegraph and Spectator magazine is imminent, set to be finalized as early as Friday. The titles came under Lloyds Bank's
GTA 7 Could Cost Less to Develop Than GTA 6 Due to AI, Says Former Rockstar Developer
As anticipation builds for the release of Grand Theft Auto 6, a former Rockstar Games developer believes the next instalment in the blockbuster franchise may cost significantly less to produce
Starmer Warns X Could Lose Self-Regulation Powers Amid AI Deepfake Concerns
Prime Minister Sir Keir Starmer has warned that social media platform X could lose its ability to regulate itself if it fails to control harmful content generated by its AI
From Intern to Industry Rival: The Rise of TikTok’s CEO Shou Zi Chew
Once an intern at Facebook, Shou Zi Chew now stands as one of Mark Zuckerberg’s fiercest competitors, leading TikTok, the platform that has disrupted the social media landscape. Chew’s journey
Chevron Earnings Soar to a Record
Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. As reported on CNN, adjusted earnings for the year more than doubled from the $15.6 billion
Sony Hasn’t Been This Hot Since it Made the Walkman
It’s been decades since Sony was this close to the summit. The last time its market value soared so high, the world was spinning to the tunes of the Walkman,
Kemi Badenoch Plans Stricter Rules for Immigrants Seeking British Citizenship
UK Conservative leader Kemi Badenoch has announced plans to make it more difficult for immigrants to acquire British citizenship, proposing stricter eligibility requirements. In one of her first major policy
Barbie Toy Sales Shoot Up 25% After Film’s Success
The blockbuster success of the 'Barbie' movie, which took the global box office by storm shortly after its summer release, is now having a significant impact on Barbie toy sales.
Is Elon Musk’s Political Stance Hurting Tesla Sales?
Tesla is facing an unprecedented sales slump, and competition in the electric vehicle (EV) market is heating up. The company experienced its first-ever decline in global sales last year, dropping
Nigeria’s GT Bank Fined in UK Over Money-Laundering Failures
Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3m) for what it says are further failures in its anti-money-laundering systems and controls.
Concerns Grow Over Public Visibility of Meta AI Searches
Meta is facing criticism after it emerged that some users of its AI chatbot tool may be unintentionally making their private queries publicly visible through a feature called the “Discover”
Binance Withdrawals Jump to $3 Billion in 24 Hours, Research Firm Reveals
Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of negative headlines about the cryptocurrency industry rattled users of
Steve Ballmer, Former Microsoft Assistant, Ranks as World’s Fifth Richest Individual
According to Bloomberg's real-time assessment, Steve Ballmer, previously an assistant to Bill Gates at Microsoft, has emerged as the world's fifth-richest person. Ballmer, who started as the 24th employee at
Kraft Heinz Wants You to Mix Flavors in Your Ketchup
Coca-Cola revolutionized soda customization with its Freestyle fountains about 15 years ago, and now Kraft Heinz aims to do something similar for dipping sauces. The concept involves sauce "bases" such
Adidas and Kanye West Reach Settlement, Closing Years of Legal Disputes Over Yeezy Brand
Adidas and Kanye West, now known as Ye, have reached an out-of-court settlement, officially ending a prolonged legal standoff that began after the sportswear giant severed ties with the rapper
Red Lobster Files for Bankruptcy Amid Financial Struggles
Red Lobster, the iconic seafood restaurant chain known for bringing affordable shrimp and lobster to middle-class America, has filed for bankruptcy. The company, once the largest seafood restaurant chain in
UK Retailer Wilko Collapses, Putting 12,000 Jobs at Risk
British discount retailer Wilko has made a grim announcement, revealing that it had slipped into administration, a creditor protection measure that casts a shadow over the fate of its 12,000
Disney Begins Largest Wave of Layoffs, Targeting Thousands at ESPN, Parks, and Other Divisions
Disney is laying off several thousand workers across the company this week in the second and largest wave of cuts as part of the media giant’s previously announced plan to
What Elon Musk Could Buy With $1 Trillion
There are numbers we understand, and then there are numbers so enormous they slip through the fingers of ordinary imagination. One trillion falls firmly in the latter category. Yet that
Adidas Says Dropping Kanye West Could Cost it More Than $1 Billion in Sales
Adidas’ breakup with Ye, formerly known as Kanye West, is a pricey one. As reported on CNN, the company warned Thursday that it’s expected to lose $1.3 billion (1.2 billion
