(Brands & Consumers)
Internationally renowned luxury brand Versace has officially opened its new boutique on Worth Avenue in Palm Beach. The 2,800-square-foot space at 243 Worth Ave. debuted last month, marking Versace’s seventh store in Florida. With existing locations in Miami, Bal Harbour, Sunrise, Boca Raton, and Orlando, the brand’s expansion into Palm Beach reflects a growing interest…
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…
A federal judge has ruled that X, formerly known as Twitter, must proceed to face a lawsuit accusing the company of reneging on promised bonuses for its staff after being acquired by billionaire Elon Musk in October 2022. The judge dismissed X’s motion to dismiss the case, allowing the lawsuit to move forward. Employees of…
Japan’s renowned electronics giant, Toshiba, has officially delisted from the Tokyo Stock Exchange, closing a chapter that spanned 74 years and once symbolized the pinnacle of Japan’s electronic dominance. The downward spiral for Toshiba commenced in 2015 when revelations of accounting malpractices surfaced, uncovering a seven-year overstatement of profits amounting to $1.59 billion (£1.25 billion)….
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….
TikTok, the viral short-form video platform that revolutionized social media, is embarking on a significant shift by encouraging creators to produce longer videos. Originally known for its one-minute clips that captivated users globally, TikTok will officially phase out its original “Creator Fund” and introduce the “Creativity Program Beta,” requiring creators to craft content exceeding the…
In its 14th year, the cryptocurrency industry faced a series of challenges, including scandals, fraud, bankruptcy, and regulatory disputes. Despite these hurdles, 2023 is being hailed as one of the best years for the crypto space, marked by resilience, notable wins, and the anticipation of positive developments. Bitcoin, the leading cryptocurrency, demonstrated its robust performance…
