(Brands & Consumers)
Microsoft’s multibillion-dollar acquisition of Activision Blizzard has moved a step closer to approval in the UK as regulators signal that an amended version of the deal could resolve their concerns. The UK Competition and Markets Authority (CMA) issued a statement stating that Microsoft’s proposed changes, which involve the sale of Activision’s cloud gaming rights to…
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….
France’s radio frequency watchdog, the Agence Nationale des Fréquences (ANFR), has issued an order for Apple to halt the sale of the iPhone 12 due to concerns over excessive electromagnetic radiation emissions. Additionally, the ANFR has instructed Apple to address the issue with existing iPhones in circulation. The ANFR has conveyed to Apple that if…
Johnson & Johnson, a company with a 135-year history, is bidding farewell to its iconic cursive logo in a strategic move as it focuses on its core businesses, medical devices, and medications. The instantly recognizable cursive script, derived from co-founder James Wood Johnson’s signature, is being replaced by a modernized font featuring the company’s name….
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. According to the latest data from market research firm Circana, which tracks point-of-sale data from retailers, Barbie toy sales in the United States surged by…
A masterpiece by Pablo Picasso titled “Femme à la montre” is poised to make history at auction this fall, with expectations of fetching over $120 million. The 1932 oil painting will be the highlight of a two-day auction event at Sotheby’s in New York in November when the collection of Emily Fisher Landau goes up…
Coca-Cola, the iconic beverage giant, continues to innovate and captivate the taste buds of consumers, especially the younger generation, with its latest creation, Coca-Cola Y3000, a limited-edition beverage that promises to taste like the future. This enigmatic flavour, like others from Coca-Cola’s Creations platform, is designed to maintain the brand’s allure in the face of…
In today’s episode, Steven Ndukwu meets with some of Nigeria’s richest young billionaires who have built wealth in their twenties to try and understand how they did it and also to know if it’s legit. Watch the clip below:
Travellers flying with Japan Airlines now have a unique option for packing for their trips, thanks to a year-long trial of a service called “Any Wear, Anywhere.” This service allows travelers to book a set of clothes that caters to different styles and seasons and the clothing is delivered to their hotel upon arrival. At…
In this video, Steven Ndukwu takes us on a tour of the most luxurious and expensive Home in Banana Island, Lucrezia by Sujimoto, which is located in Ikoyi, Lagos, Nigeria. Watch the clip below.
In this video, Steven Ndukwu and his team explore Nigeria’s FCT Abuja and take us on a tour of the most luxurious neighbourhoods to buy real estate in the city and what it is like to live in Abuja’s most exclusive places in the Federal Capital Territory. Watch the clip below. Below is a timestamp…
Miami, known for its glitzy skyline and waterfront extravagance, is set to welcome a new icon of opulence. Dolce&Gabbana, the Italian fashion powerhouse renowned for its haute couture and red-carpet presence, is making its grand entrance into the world of real estate with a striking 90-story residential tower on 888 Brickell Avenue in Downtown Miami….
Microsoft is bringing a new and handy feature to its Paint application in Windows 11, allowing users to easily remove backgrounds from images with just a single click. This enhancement is currently being rolled out to Windows 11 Insiders in the Dev and Canary channels, offering a simplified and efficient image editing tool. The updated…
Tech enthusiasts and mobile phone aficionados around the world have been eagerly anticipating today’s momentous event—the official announcement of the Apple iPhone 15 series. The grand unveiling of the iPhone 15 series is set to take place via live-stream on all major social media platforms, commencing at 10 AM PDT/17:00 UTC/22:30 IST. For your convenience,…
Amazon.com has introduced a pioneering policy in response to growing concerns from advocacy groups like the Authors Guild, requiring authors to disclose in advance whether their books incorporate artificial intelligence (AI) material. This move represents a significant development in the ongoing discussion surrounding AI-generated content’s impact on the literary landscape. Amazon.com, a prominent e-commerce giant…
Former Tyson Foods executive Stewart Glendinning has been announced as the incoming CEO of clothing company Express, taking over from Timothy Baxter, effective September 15, according to a statement released by the company. Express Chairperson Mylle Mangum expressed confidence in Glendinning’s ability to revitalize the company’s performance and strengthen its foundation for success. Glendinning’s financial…
Elon Musk’s X Corp, the parent company of the platform previously known as Twitter, has filed a lawsuit against California’s Attorney General over the state’s new content moderation law. The law, known as AB 587, was signed by California Governor Gavin Newsom in September of the previous year. It mandates that social media companies must…
Apple is gearing up to unveil its iPhone 15 in the coming days, and there’s widespread anticipation that the new device will bring a significant change: the adoption of USB-C charging, marking a notable shift away from Apple’s proprietary Lightning charger. The iPhone 15 is heavily rumoured to make this transition to USB-C charging, a…
Rihanna’s Fenty brand is set to make a significant foray into sportswear with the upcoming release of the FentyPuma collaboration’s King Avanti sneaker. The international Barbadian singer, renowned for her multifaceted talents in music, business, and fashion, made the announcement on her X profile, revealing that the new sneaker will be available worldwide on September…
Apple (AAPL) shares recently experienced a 2.9% decline, triggered by reports of China’s intention to extend its ban on the use of iPhones to government-affiliated agencies and companies. This development has raised concerns among investors regarding Apple’s ability to maintain its foothold in the world’s second-largest economy. Apple recorded its most significant daily drop in…
The Bill and Melinda Gates Foundation Trust has shown a vote of confidence in Anheuser-Busch, the parent company of Bud Light, by purchasing 1.7 million shares valued at approximately $95 million, according to recent regulatory filings. This investment comes at a challenging time for the beer conglomerate, which has experienced a significant decline in sales…
The United States government is actively seeking more information regarding Huawei’s latest flagship smartphone, the Mate 60 Pro, which boasts an advanced 5G Kirin 9000s processor. This move comes amid growing curiosity and scrutiny surrounding the smartphone’s chip technology, particularly in light of US efforts to restrict China’s access to foreign semiconductor technology. US National…
China has reportedly implemented a ban on the use of iPhones by central government officials, according to undisclosed sources cited by The Wall Street Journal. This development has led to a 3.6% decline in Apple’s shares, marking the largest daily drop in a month. Apple’s shares closed at $182.91 in New York on Wednesday. Prior…
Square, the digital payments company, faced service outages on various platforms on Thursday, prompting concern among users and businesses relying on its services. In response to the disruptions, Square acknowledged the issue via its official Twitter account. In a tweet, the company stated, “We are currently experiencing issues with multiple Square services. We understand how…
Private equity group Consortium Brand Partners has announced its acquisition of a majority stake in actress Reese Witherspoon’s fashion and lifestyle brand, Draper James. Under the terms of the deal, Consortium Brand Partners secured a 70% stake in Draper James, while Reese Witherspoon retains her position as a partner and board member within the company….
Mercedes-Benz has unveiled a set of “close-to-production” concept vehicles designed to challenge Tesla’s electric car dominance by offering an impressive range of over 466 miles on a single charge. This far exceeds the range of any current Tesla model, which typically falls below 380 miles. The Concept CLA Class, Mercedes-Benz’s latest innovation, was presented on…
Two automotive giants, BMW and Mercedes-Benz, have embarked on their most substantial foray into the electric vehicle (EV) market, aiming to counter the escalating competition from Chinese automakers and catch up with the U.S. powerhouse, Tesla. This significant development unfolded recently during the IAA Mobility motor show held in Munich, Germany, where both companies unveiled…
Nigeria is set to come alive in September 2023 with a diverse array of events that cater to various interests. From cultural experiences to financial empowerment webinars and captivating book readings, there’s something for everyone. Here are the top 5 event picks happening in Nigeria this September: 1. ARABIAN NIGHT Date: Saturday, September 16 Time:…
In 2016, Nike introduced the groundbreaking Zoom Vaporfly 4% “super shoes,” forever altering the landscape of running. These super shoes, characterized by their thick soles, energy-returning technology, and embedded carbon-fibre plates, have become synonymous with speed and performance. Fast forward seven years and nearly every major performance brand has entered the super shoe arena. Yet,…
X, the social media platform formerly known as Twitter, has announced this week that it may now collect biometric and employment-related information from its users, marking an expansion of the data it may gather from account-holders. The disclosure was made in an update to the company’s privacy policy, introducing two new sections that pertain to…
U.S. highway safety regulators are launching an investigation into a potentially hidden feature within Tesla’s Autopilot software. This feature, informally referred to as “Elon mode,” can reportedly disable the safety prompts that remind drivers to keep their hands on the steering wheel. Authorities are now seeking information from Tesla regarding whether consumers could exploit this…
Hyundai Motor Group and LG Energy Solution have announced plans to increase their joint investment in a battery manufacturing plant located in Georgia by an additional $2 billion. This expansion also includes the creation of 400 new jobs. The facility, a collaborative venture between the two companies, will now see a total investment of $4.3…
Mercedes-AMG Petronas Formula One Team has unveiled a significant extension to its driver lineup, with both Lewis Hamilton and George Russell signing contract extensions that will keep them with the team until the conclusion of the 2025 season. The announcement solidifies the duo’s commitment to the team and their shared pursuit of excellence on the…
In a strategic move that merges technology and culinary convenience, Samsung has announced its acquisition of the popular recipe app Whisk. Under the new identity “Samsung Food,” the rebranded app will empower users to take their meal planning and recipe discovery to the next level. Whisk, an Android and iOS app beloved for its seamless…
Apple enthusiasts have reason to mark their calendars as the tech giant has officially announced its fall special event, scheduled for September 12th. The event will take place at the renowned Steve Jobs Theater within the Apple Park headquarters in Cupertino, California. While a select group of invitees will have the chance to attend in…
Google has expanded its AI offerings with the introduction of Google Duet, a plug-in designed to cater to corporate teams seeking optimized functionalities in their workspace. Available for a subscription fee of $30 per month, Google Duet is poised to streamline document translation and integration across various Google apps, simplifying complex tasks for business professionals….
California-based Farmers Insurance announced on Monday that it is laying off 11% of its workforce, or 2,400 employees, in a bid to restructure itself for long-term growth. The jobs being cut are from across all areas of the company, including claims, underwriting, and customer service. “Given the existing conditions of the insurance industry and the…
In a development that comes less than a year after its initiation, a lawsuit by Republicans against Google, accusing Gmail of biased email filtering, has been dismissed by U.S. District Court Judge Daniel Calabretta. The lawsuit, which was filed by the Republican National Committee (RNC), alleged that Gmail unfairly categorized their fundraising messages as spam,…
In a significant move to streamline its operations and enhance its strategic focus, T-Mobile has disclosed plans to lay off approximately 5,000 employees, constituting around 7% of its workforce, over the next five weeks. This announcement comes amid a period of economic uncertainty that has seen various technology companies implement mass layoffs in response to…
The well-worn phrase “there are no bad ideas” encountered a reality check when Austria’s climate minister endorsed a campaign that proposed offering a year’s worth of free public transport in exchange for individuals getting a tattoo of the rail card logo. The proposal swiftly sparked controversy as critics voiced their concerns over the ethics and…
Apple’s Managed Apple IDs are about to get even more business-friendly, offering increased access to iCloud services and handy Continuity features. The addition of iCloud backup and new syncing options, especially for passwords and enterprise credentials, promises to enhance the functionality of Managed Apple IDs for business customers. However, there’s a catch. These beneficial features…
