(Brands & Consumers)
Toshiba Corporation has officially announced the successful conclusion of a $14 billion tender offer presented by private equity firm Japan Industrial Partners (JIP). This significant development marks the way forward for the beleaguered industrial conglomerate to transition into a private entity. The consortium led by JIP managed to secure a substantial 78.65% of Toshiba’s shares…
Kanye West has found an unexpected defender in Bjørn Gulden, the CEO of Adidas, despite the sportswear giant severing ties with the embattled rap mogul last year. In a recent interview, Gulden lauded West’s creativity and offered a more sympathetic perspective on the controversial artist. Gulden acknowledged West’s exceptional creative talents in both music and…
Apple enthusiasts, get ready to elevate your iPhone experience with the highly anticipated iOS 17. This week marks the official release of Apple’s latest operating system, promising a plethora of new features aimed at enhancing user personalization and intuitiveness. Although Apple first teased iOS 17 at its annual Worldwide Developer Conference in June, the spotlight…
Millions of Fortnite players have the opportunity to claim their share of a $245 million settlement reached by Epic Games, the parent company of the popular multiplayer shooter game. This settlement comes following allegations of deceptive tactics used by Epic Games, which led users to make unintended and unwanted purchases within the game. The settlement…
Chinese authorities have detained several staff members of Evergrande’s wealth management unit following the company’s failure to repay investors. This marks the first criminal investigation against the embattled property developer since it faced a massive debt crisis in late 2021. Shares of Evergrande plummeted by as much as 26% in Hong Kong on Monday, although…
Nike, the world’s leading supplier of athletic shoes, has joined forces with Nigerian customs design company Layerx in an exciting partnership aimed at promoting culture and environmental sustainability. This innovative collaboration is set to redefine the future of fashion and athletics by merging the best of both worlds. At the core of this partnership lies…
As the new marathon season approaches in September, Adidas AG, the luxury footwear brand, has revealed its latest contender in the super-shoe competition – the Adizero Adios Pro Evo 1. Priced at $500 (approximately N384,000), this racing shoe is making waves in the running world. Weighing in at a mere 138 grams (4.9 ounces), the…
Apple’s newly unveiled iPhone 15 Pro Max is already facing substantial demand, resulting in extended delivery times for eager customers in several countries, including China, Japan, and the United States. This surge in demand serves as an encouraging sign for Apple, given previous concerns about iPhone sales following a slowdown in the global smartphone market….
TikTok, the popular social media platform, has been slapped with a hefty €345 million ($368 million) fine by a major European tech regulator over allegations of insufficient measures to safeguard children’s privacy. The Irish Data Protection Commission (DPC), responsible for monitoring TikTok’s operations in the European Union, issued the fine, citing violations of the EU’s…
In this video, celebrity travel Vlogger, Steven Nduwku takes us on a tour of one of the biggest mansions in Abuja in the company of his friend at Comfort Homes & Properties Limited. The house comes with an assortment of features including a total of 9 rooms, 4 living rooms, and a very modern design….
