(Brands & Consumers)
In a strategic move, Hertz, a company that had been significantly expanding its electric vehicle (EV) fleet, has decided to sell around 20,000 electric cars, constituting a third of its EV lineup. The company plans to utilize the funds generated from the sale to acquire more gasoline-powered vehicles. Despite the initial push into EVs, Hertz…
An All Nippon Airways (ANA) domestic flight faced an unexpected turn of events as it returned to its departure airport due to a crack in the cockpit window of the Boeing 737-800 aircraft, the airline confirmed on Monday. The incident occurred approximately 40 minutes after take-off, with the crack discovered in the “second window from…
In a recent legal saga, Meta, the parent company of Facebook, finds itself entangled in a lawsuit filed by a group of authors who allege that the tech giant employed copyrighted material, including the infamous Books3 dataset, in training its Llama 1 and Llama 2 large language models. While Meta has admitted to utilizing the…
In a groundbreaking collaboration with the Department of Energy’s Pacific Northwest National Laboratory (PNNL), Microsoft’s AI, powered by the Azure Quantum Elements cloud platform, has identified a novel material poised to transform rechargeable battery technology. The tech giant’s AI algorithms, working in tandem with PNNL, accelerated the research on materials beyond lithium, a move aimed…
Nairobi Bottlers Limited has returned to the High Court, seeking an extension of 10 months to comply with a 2018 judgment directing the inclusion of nutritional information, storage details, and contact information on the glass bottles of Coca-Cola, Krest, Fanta, Sprite, and Stoney brands. The Supreme Court affirmed this directive in November, and the company…
In an unexpected turn of events, a Mexican smartphone retailer has preemptively listed the highly anticipated Samsung Galaxy S24 on its website, revealing key details about the flagship device even before the official announcement at the Galaxy Unpacked 2024 event. The Yellow Amber variant of the Galaxy S24, available in both 128GB and 256GB configurations,…
Anheuser-Busch InBev, the brewer behind Bud Light, makes history by becoming the inaugural beer sponsor for the next three Olympics and Paralympic Games, opting to feature its non-alcoholic brand, Corona Cero, in a groundbreaking move. Breaking the traditional mold of established beer brands as sponsors, AB InBev aims to promote responsible consumption globally through Corona…
Researchers revealed that they warned Apple about potential vulnerabilities in its AirDrop wireless sharing feature as early as 2019, a revelation that comes in the wake of Chinese authorities allegedly using the flaws to track users of the tool. The security concerns surrounding AirDrop, which enables Apple users to share files wirelessly, have raised global…
Citigroup is set to implement a substantial workforce reduction, with CFO Mark Mason revealing plans to lay off 20,000 employees over the next two years. This decision follows the bank’s dismal performance in the fourth quarter of 2023, reporting a net loss of $1.8 billion, marking its worst quarter in 15 years. The significant reduction…
In a significant shift, Microsoft has claimed the title of the world’s most valuable publicly traded company, surpassing Apple as of the market close on Friday. Microsoft’s stock (MSFT) concluded the day at $338.47 per share, resulting in a market capitalization of $2.89 trillion, while Apple’s stock (AAPL) closed at $185.92 per share, with a…
