In a year dominated by advancements in artificial intelligence, Microsoft’s CEO Satya Nadella has been recognized as CNN Business’ CEO of the Year for 2023. Nadella’s strategic multi-billion dollar investment in AI, swift commercialization of AI tools like ChatGPT, and his adept crisis management have set him apart in the tech industry. Under Nadella’s guidance,…
The most recent Apple Watch models, the Series 9 and Ultra 2, have been pulled from shelves across the United States following the White House’s decision not to intervene and reverse a US International Trade Commission (ITC) ruling. The ruling, based on patent violations registered by medical device maker Masimo, prevents Apple from selling these…
Apple is grappling with a significant setback as it ceases the sale of its latest Apple Watch models, the Series 9 and Ultra 2, following a patent infringement case. The abrupt halt in sales, effective from December 21st, is a response to an import ban imposed by the US International Trade Commission (USITC), which ruled…
New research from LendingTree has unveiled that Tesla owners face a higher likelihood of being involved in car accidents compared to drivers of other car brands. Analyzing data from 30 car brands based on tens of millions of insurance quotes between November 2022 and November 2023, the study reported that Tesla drivers experienced 23.54 accidents…
In a landmark development for the Nigerian music industry, Pepsi, a leading cola brand, and global music industry giant EMPIRE have joined forces to introduce the Pepsi Music Academy. This groundbreaking platform unveiled on a significant date, aims to discover, train, and showcase aspiring talents, ushering in a new era for young musicians in Nigeria….
As concerns over iPhone thefts and subsequent identity thefts persist, Apple has introduced a new security feature in the upcoming iOS 17.3 beta. The anti-theft feature, known as Stolen Device Protection, aims to enhance the security of iPhones by restricting certain functions behind Face ID or Touch ID, providing an extra layer of defence against…
In a significant indication of shifting consumer behaviour and concerns over a slowdown in spending worldwide, Nike, a prominent economic indicator, has revised its revenue outlook downward for the year. The sportswear giant is now implementing substantial cost-cutting measures, aiming to achieve up to $2 billion in savings over the next three years, which will…
In a surprising turn of events, Universal Studios has dethroned Disney in the animation realm, and their latest release, “Migration,” aims to solidify their newfound dominance. The comic tale, which opened last Friday, follows a family of New England ducks on an unexpected journey from their pond to New York City, with Universal anticipating a…
Adobe’s ambitious pursuit of a $20 billion acquisition of Figma, a rising star in web-based interface design, has come to an abrupt halt due to regulatory challenges in the European Union. The antitrust scrutiny, driven by concerns over market competition, proved insurmountable, leading Adobe to abandon its efforts to absorb its innovative competitor. Negotiations between…
In a surprising turn of events, a buyer of a new Tesla Model Y found themselves grappling with a $14,000 repair bill less than 24 hours after the purchase, shedding light on potential quality issues within the automaker. Shreyansh Jain recounted his ordeal to Reuters, revealing that his Model Y, acquired for $55,000 with only…
In the aftermath of Microsoft’s acquisition of Activision Blizzard King, Sony foresees a challenging future, projecting a significant financial setback of $1.5 billion by 2027. The tech giant perceives Microsoft’s strategic move as a potential game-changer that could propel it ahead of Sony in the fiercely competitive console market. Sony had vehemently opposed the merger…
Sony’s PlayStation 5 has achieved a significant milestone, surpassing the 50 million units sold mark since its launch in November 2020. The latest sales figures position the PS5 among the top 15 best-selling video game consoles of all time, with Sony Interactive Entertainment expressing confidence in its potential to eventually outpace its predecessor, the PlayStation…
In a significant development for the media industry, Chief Executives David Zaslav of Warner Bros. Discovery and Bob Bakish of Paramount Global engaged in discussions about a possible merger between the two entertainment giants. The potential alliance, if realized, would bring together Warner Bros. and Paramount studios, along with prominent media assets such as CBS,…
In the aftermath of a ransomware attack on Insomniac Games, a Redditor has uncovered internal documents shedding light on the success of Sony’s former PlayStation exclusives after they transitioned to the PC platform. The leak, consisting of over 32 internal documents from Insomniac Games, unveils insights ranging from concept art to financial reports. One leaked…
In a bid to challenge Apple’s upcoming Vision Pro mixed reality headset, Samsung is reportedly accelerating the launch of its own mixed reality device, the ‘Galaxy Glass.’ Originally scheduled for the end of 2024, the South Korean tech giant is now aiming for an early release in the first half of next year, as per…
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 REV-9 boasts an AMD Epyc CPU, a full liquid cooling system, and a desktop-class RTX 4080, making it a formidable contender for users seeking unparalleled…
Amazon is gearing up to revolutionize internet connectivity in space through its Project Kuiper, deploying cutting-edge laser technology for satellite-to-satellite communication. The successful prototype tests have paved the way for Amazon to introduce a commercial-grade broadband service in space, with the constellation utilizing lasers to ensure a high-speed, error-free connection across the globe. In a…
In a landmark resolution, video game giant Activision Blizzard and the California Civil Rights Department (CRD) have reached a settlement in a gender discrimination lawsuit, amounting to approximately $54 million. This settlement ranks as the second-largest negotiated by the CRD, underscoring the gravity of the allegations. The lawsuit, filed two years ago, accused Activision Blizzard…
In celebration of pop art legend Roy Lichtenstein’s 100th birthday and his impactful contribution to the Art Car program, BMW M Motorsport and Puma have collaborated on a limited-edition clothing collection. The exclusive ensemble draws inspiration from Lichtenstein’s renowned 1977 BMW 320i Turbo racer, a distinctive Art Car that left an indelible mark on the…
As the year concludes, investors are contemplating their investment strategies for 2023, seeking a balance between stability and returns. While the iconic beverage giant Coca-Cola (KO) offers a renowned brand and stability, questions arise about its ability to deliver substantial returns compared to broader market options. Coca-Cola’s reputation as a quality enterprise is rooted in…
PepsiCo, the global food and beverage giant, is set to invest $13 million in a state-of-the-art production line at its soft drinks factory in Dragomirești, Romania, as part of the company’s ambitious development plans for the region. The investment aims to install a “modern, fully-automated production line” at the facility in northern Romania, significantly enhancing…
Golf enthusiasts who have witnessed Tiger Woods donning Nike gear for the past 27 years may have witnessed an iconic era coming to a close. The golf legend’s enduring partnership with Nike, particularly highlighted by his famous red and black Sunday outfit, faces uncertainty as his current deal with the athletic giant is set to…
As Apple gears up for 2024, the tech giant is set to significantly emphasise its wearables business, signalling a shift away from the traditional iPhone-centric approach. Among the key areas of attention is the popular AirPods lineup, which has prompted the company to address potential confusion among consumers. Mark Gurman of Bloomberg highlights the need…
The divisive Evolved Suit worn by Miles Morales in Marvel’s Spider-Man 2 has been a focal point of discussion among fans, but recent revelations have clarified that the controversial design was primarily crafted by Insomniac rather than Adidas, debunking previous assumptions. In the final stages of Spider-Man 2, Miles Morales undergoes a significant costume change…
In a bold move towards more personalized user interactions, Google is considering a new project, codenamed Project Ellmann, which aims to develop a chatbot equipped with an intimate understanding of users. The proposed system would go beyond the conventional chatbots that rely on past interactions, offering a more profound level of engagement by utilizing a…
In a strategic move to boost margins in its podcasting and audiobook divisions, Spotify has announced a major shift towards artificial intelligence (AI), resulting in a series of layoffs. The streaming giant, known for its personalized user experience driven by AI, has undergone three rounds of layoffs in the past year, eliminating 590 positions in…
In a recent interview, Hideaki Nishino, Senior Vice President of Platform Experience at Sony Interactive Entertainment, shared insights into Sony’s holiday season strategy and the PlayStation 5’s position in the gaming landscape. Sony is gearing up for a robust holiday season, anticipating the PlayStation 5 to potentially become its most successful console to date. With…
The Federal Trade Commission (FTC) has called on a federal appeals court to intervene and block Microsoft’s recent $69 billion acquisition of video game publisher Activision Blizzard. The FTC argues that District Judge Jacqueline Scott Corley, who allowed the deal to proceed in July, was too lenient in accepting Microsoft’s promises about the future of…
In the latest release of Wikipedia’s annual roundup, the top 25 most viewed pages of 2023 offer a snapshot of global interests, spanning artificial intelligence innovation, notable deaths, and the rising influence of Indian users on the platform. Run by the nonprofit Wikimedia Foundation, Wikipedia has garnered an astounding 84 billion page views in 2023,…
Google has escalated its battle against ad blockers on YouTube with a significant move that could affect Chrome users. The new policy introduced in the Manifest V3 extension platform is poised to deal a potentially fatal blow to ad blockers on YouTube, particularly on the Chrome browser. As part of its strategy to discourage users…
In an unexpected turn of events, a leaked trailer for the highly anticipated “Grand Theft Auto VI” surfaced online, revealing crucial details about the game’s release date. The trailer, which garnered over 32 million views within its initial hours on YouTube, showcased the next instalment of the iconic and action-packed game franchise. Originally scheduled for…
ByteDance, the Chinese tech giant renowned for its ownership of TikTok, is making a strategic shift away from the gaming industry, resulting in a significant reduction of its workforce. The company will wind down Nuverse, the unit housing its video game studios, next month, aiming to concentrate on its core businesses, according to an inside…
Ubisoft, a prominent video game developer, is facing widespread criticism from gamers after reports emerged that the company is injecting pop-up ads into the middle of gameplay, disrupting the user experience. The controversial move has led to a surge of discontent among players, prompting them to express their dissatisfaction on social media and online forums….
Japanese automaker Honda has issued a recall for more than 300,000 vehicles, citing faulty seat belts as the cause for concern. The recall, announced in a notice filed with the National Highway Traffic Safety Administration (NHTSA) on Tuesday, affects specific models including the 2023-2024 Accords and HR-Vs. The identified issue involves missing pretensioner rivets in…
In a series of rapid developments, Microsoft has welcomed Sam Altman, co-founder of OpenAI, into its fold to enhance innovation in artificial intelligence (AI). This move comes in the wake of Altman’s unexpected ousting as CEO of OpenAI in a chaotic boardroom coup on Friday. Concurrently, OpenAI finds itself grappling with a leadership shuffle, marking…
In a significant move reflecting the growing acceptance of hybrid technology, Toyota has revealed that the redesigned 2025 Camry, America’s best-selling car, will be available exclusively as a hybrid. While the Camry currently offers a hybrid version alongside traditional models, the forthcoming redesign marks a strategic shift for the popular sedan. Toyota, known for its…
In a significant move, Mars is set to acquire Hotel Chocolat, the largest independent chocolate maker in Britain, in a deal valued at £534 million ($661 million). The acquisition is expected to enhance Mars’ growth prospects, especially outside the United Kingdom. Upon news of the deal, shares of Hotel Chocolat surged by 164% on Thursday,…
In a surprising move, Google has halted the sales of Fitbit products in nearly 30 countries, with a primary focus on markets in the Americas. This decision comes after Google’s acquisition of Fitbit in 2021, with the initial promise to enhance accessibility to health and wellness services globally. Fitbit products are no longer available for…
Kim Kardashian recently spilled the tea on her 10-year-old daughter North West’s entrepreneurial exploits, revealing the young businesswoman runs a lemonade stand, showcasing her keen business acumen. In an interview with GQ for their “Men of the Year” issue, Kim shared the intriguing details of North’s lemonade enterprise. According to Kim, North goes all out…
In the midst of his legal battle with Cîroc’s parent company, Diageo, music mogul Diddy has officially distanced himself from Cîroc and embraced UK personality Charlie Sloth’s Au Vodka, proclaiming it the “number one” vodka. Diddy made this declaration backstage during his recent London show at the O2 Shepherds Bush Empire on Tuesday night, where…
Heinz, the renowned ketchup brand, is set to introduce an unconventional condiment to its lineup, combining the classic taste of ketchup with the tangy essence of pickles. Named “Pickle Ketchup,” the innovative flavour is scheduled to hit grocery store shelves in early 2024. The new condiment promises to blend the “tangy and savory flavour” of…
Elon Musk, the owner of X (formerly Twitter), unveiled the arrival of “Grok,” an artificial intelligence-powered chatbot with a penchant for sarcasm, akin to Musk’s own sense of humor. Musk shared the news late Saturday, indicating that Grok is in its initial phases of training, with access to real-time information from the platform, facilitated by…
The much-anticipated unveiling of Grand Theft Auto 6 is on the horizon, according to recent reports, with Rockstar Games expected to announce the game as early as this week, followed by an official trailer set to be revealed in December. Bloomberg’s respected gaming journalist Jason Schreier, relying on insights from sources familiar with the matter,…
YouTube is taking significant steps to address potentially harmful content recommendations that could negatively impact teen users by limiting repeated exposure to certain video categories. The platform’s recent initiative aims to curtail repeated content recommendations on specific topics that may have adverse effects on young viewers, including content idealizing particular body weights. James Beser, the…
Toyota has revealed a recall of more than 1.8 million RAV4 vehicles, according to an announcement made by the company on Wednesday. The recall is specific to certain models from the 2013-2018 model years. The reason behind the recall revolves around a potential fire risk associated with some replacement batteries, as highlighted in Toyota’s statement….
Match Group, the parent company of popular dating platforms like Match, Tinder, and Hinge, has reached a settlement with Google, withdrawing a significant antitrust lawsuit against the tech giant’s app store. The resolution, announced on Tuesday, comes just before the trial’s commencement in San Francisco federal court. The agreement marks an end to the dispute…
Anheuser-Busch InBev, the world’s largest brewer, saw a spike in overall sales owing to higher prices but continued to face challenges in the United States due to declining Bud Light revenues. During the third quarter, the company reported a significant 13.5% decline in third-quarter US revenue per 100 litres, a crucial metric in beer sales,…
Set for release on November 2, music and fashion sensation Rihanna, in collaboration with sports brand PUMA, is launching two new colour variations of their sought-after FENTY x PUMA Avanti sneakers. The FENTY x PUMA Avanti brings together the iconic design of PUMA’s King football boot with the outsole of the classic running shoe, Easy…
In partnership with adidas, a unique limited-edition fashion range has been officially launched, featuring a collaboration with the renowned London fashion brand and streetwear giant, Maharishi. This exclusive collection seamlessly merges the essence of London-centric streetwear with adidas performance to bring a new dimension to the world of sportswear. Merging the finest elements of adidas…
Major tech companies are seeing a remarkable turnaround from the challenges they faced last year, with Alphabet, Microsoft, and Snap leading the way by announcing robust sales results for the third quarter of 2023. Alphabet, Google’s parent company, released its Q3 earnings report, revealing quarterly sales of $76.69 billion, marking an 11% increase compared to…
