Samsung Electronics expects a sharp rise in quarterly earnings, forecasting a nearly 19-fold increase in operating profit as strong global demand for artificial intelligence (AI) memory chips continues to boost its semiconductor business. In its earnings guidance released on Tuesday, the South Korean technology giant projected operating profit of 89.4 trillion won (about $58.4 billion)…
Nigeria’s electricity regulator says three neighbouring countries owe more than $12.6 million for electricity supplied during the first quarter of 2026 after paying less than one-third of their outstanding invoices. According to the latest first-quarter report released by the Nigerian Electricity Regulatory Commission (NERC), electricity generation companies billed international customers $17.48 million between January and…
President Bola Ahmed Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate major global technology companies and generative artificial intelligence platforms over allegations of anti-competitive practices and the unauthorised use of Nigerian news content. The directive follows a petition submitted to the Presidency by the Nigerian Press Organisation (NPO), which represents…
Nigerian music star Davido says he believes he would still have found success in the entertainment industry even if he had never become a recording artiste. Speaking during an interview with PlayKisstra, the Grammy-nominated singer said his passion for entertainment extends beyond performing, adding that he would likely have pursued opportunities in media or music…
Microsoft has announced plans to cut approximately 4,800 jobs, representing about 2.1% of its global workforce, with its gaming division, Xbox, accounting for a significant portion of the layoffs. The company said the move is part of a broader restructuring aimed at adapting to changes in the technology industry and positioning the business for long-term…
NEW DELHI – The Indian government has directed Meta to immediately remove advertisements and content on Instagram that promote or facilitate child sexual abuse material, following concerns over the presence of such content on the platform. A senior official from India’s Ministry of Electronics and Information Technology said the government has also demanded that Meta…
For decades, Vietnam has been one of the world’s most recognisable destinations for counterfeit luxury goods. From bustling street markets in Ho Chi Minh City to hidden warehouses on the city’s outskirts, imitation handbags, sneakers, watches and clothing have long been sold openly, attracting both locals and international tourists seeking designer labels at bargain prices….
Grammy-winning Nigerian singer Wizkid has reignited comparisons with fellow Afrobeats star Burna Boy after making a remark during his performance at the Afronation festival in Portugal. The renewed debate follows days of online discussions among fans over the performance schedule at the music festival. Burna Boy headlined the opening day of the event, prompting some…
The UK government has indicated that it may intervene in the proposed $110 billion merger between Paramount Skydance and Warner Bros. Discovery, citing concerns over media plurality and the potential impact of the deal on the country’s news landscape. UK Culture Secretary Lisa Nandy said she is “minded to intervene” in the transaction, which would…
As artificial intelligence transforms workplaces across industries, many companies are racing to automate tasks, streamline operations and reduce costs. But at Ford Motor Company, the future of manufacturing isn’t being built by algorithms alone. Instead, the automaker has made an unexpected investment: experience. Over the past three years, Ford has recruited more than 350 veteran…
NEW YORK – Comcast has announced plans to separate NBCUniversal and its European media business, Sky, into a standalone publicly traded company, a move that analysts say could reshape the media landscape and pave the way for future industry consolidation. The company said the spin-off process is expected to take about a year and remains…
Grammy-winning Nigerian singer Burna Boy has responded to criticism surrounding his reported purchase of a custom one-of-one Venuum Widebody Bugatti Chiron, said to be worth approximately ₦9 billion. The singer has faced widespread reactions since news of the luxury vehicle emerged, with some critics questioning the decision to spend such a large sum on an…
Tesla recorded a sharp increase in global vehicle deliveries during the second quarter of 2026, signalling a potential recovery for the electric vehicle manufacturer after a challenging period marked by slowing sales and increased competition. The company reported delivering more than 480,000 vehicles between April and June, representing a 25% increase from just over 384,000…
For decades, ITV has been woven into the fabric of British television. From Coronation Street and Emmerdale to major sporting events and national news, it has remained one of the country’s most recognisable broadcasters. Now, that legacy could enter a new chapter. Sky is expected to acquire ITV’s television and streaming business in one of…
Long before the first serve is struck on Centre Court, another Wimbledon tradition is already in motion. Every summer, hundreds of thousands of tennis fans tuck into one of the tournament’s most enduring symbols: strawberries and cream. The simple dessert has become almost as iconic as the grass courts themselves, delighting spectators, celebrities and players…
Media personality and actress Toke Makinwa has challenged the perception that modern Nigerian women are excessively materialistic in relationships, arguing instead that many Nigerian men place too much emphasis on financial offerings. Speaking on a recent episode of the MENtality podcast hosted by Ebuka Obi-Uchendu, Makinwa said romantic relationships have historically involved an element of…
LONDON – Pubs across England and Wales will be permitted to remain open until 5:00 a.m. on Monday to allow football fans to watch England’s FIFA World Cup round-of-16 match against Mexico, following a last-minute policy reversal by the UK government. The match, scheduled to kick off at 1:00 a.m. UK time in Mexico City,…
Authorities in Singapore have seized a luxury mansion valued at 55 million Singapore dollars (about $42.5 million) as part of an ongoing investigation into the alleged smuggling of advanced Nvidia artificial intelligence (AI) chips. Police announced on Wednesday that the property was allegedly purchased using proceeds from the illegal trade of servers equipped with Nvidia…
LAGOS – Several customers of ProvidusUnity Bank, formerly Providus Bank, have reported unauthorised transactions on their payment cards, months after a cyberattack exposed sensitive data belonging to several Nigerian institutions. Affected customers took to the social media platform X on Friday to complain about suspicious deductions from their accounts. Some customers, who requested anonymity, also…
Grammy-winning Nigerian singer Burna Boy has received some personal advice from his mother and manager, Bose Ogulu, who encouraged him to consider marriage and starting a family. Mrs Ogulu made the remark during a private celebration marking Burna Boy’s 35th birthday on July 2, attended by close friends and family. A video from the event,…
BRUSSELS – Europe’s highest court has upheld a €4.1 billion (£3.5 billion) antitrust fine against Google, ruling that the technology giant abused the dominance of its Android mobile operating system to restrict competition in the smartphone market. The decision dismisses Google’s appeal against the penalty, bringing to a close one of the European Union’s most…
WASHINGTON – Employment in the United States’ hospitality sector fell unexpectedly in June, defying forecasts that the ongoing FIFA World Cup would drive hiring across restaurants, bars and hotels. New figures released on Thursday by the Bureau of Labor Statistics (BLS) showed that the leisure and hospitality industry lost 61,000 jobs during the month, despite…
Volkswagen is reportedly preparing a sweeping restructuring plan that could see up to 100,000 jobs eliminated over the coming years as the German automotive giant responds to mounting financial and competitive pressures. According to German business publication Manager Magazin, the proposed cuts would affect roughly 15% of Volkswagen’s global workforce and would be accompanied by…
Nigerian music star Burna Boy has become the African artist with the highest number of monthly listeners in Spotify history, setting a new milestone on the global streaming platform. The Grammy-winning singer, whose real name is Damini Ogulu, recently surpassed the previous record of 46.58 million monthly listeners, which was held by South African artist…
The White House has asked OpenAI to restrict the initial release of its upcoming GPT-5.6 artificial intelligence model to a small group of government-approved partners, according to a source familiar with the discussions. The request follows growing concerns within the US government over increasingly powerful AI systems and comes shortly after the administration imposed export…
Air passengers have been urged not to pack power banks, vapes and other lithium battery-powered devices in checked luggage as aviation authorities warn that such items have become the leading fire risk on commercial aircraft. The warning comes from the UK Civil Aviation Authority (CAA) ahead of the busy summer travel season, with school holidays…
For more than three decades, 57-year-old Jürgen Linnemann has done what millions of people do every day – go to work. He has spent his entire working life inside one of Germany’s Werkstätten für behinderte Menschen, or workshops for people with disabilities, producing goods for companies whose products are sold both in Germany and around…
Nigerian rapper and singer Jesse Jagz has criticised celebrities who endorse betting and gambling companies, arguing that public figures should not promote activities that contribute to gambling addiction. The musician shared his views in a post on X, where he strongly condemned artists and entertainers who partner with gambling brands. “We suppose to dey stone…
For millions of football supporters visiting the United States for the FIFA World Cup, the biggest surprise hasn’t come from the action on the pitch. It has come at restaurant tables, coffee shops, bars and even convenience stores, where visitors are repeatedly asked the same question after making a purchase: How much would you like…
OpenAI has introduced its first custom-designed artificial intelligence chip, marking a significant step in the company’s push to strengthen its AI infrastructure and reduce its reliance on third-party hardware suppliers. The new processor, named Jalapeño, was developed in partnership with semiconductor company Broadcom and is designed to power services such as ChatGPT and OpenAI’s AI…
For years, Snapchat has marketed itself as a platform for spontaneous conversations, disappearing messages and staying connected with friends. Now, the social media giant is once again defending itself against allegations that some of those same features helped facilitate one of the worst outcomes imaginable. The family of a Missouri teenager has filed a lawsuit…
Five-time Grammy Award nominee Davido has released a new single, I Know Who I Be, alongside South African producer JAZZWLRD and artist GL_CeeJay, marking the beginning of a new chapter in his music career following his recent appearance at the 2026 FIFA World Cup. Produced by JAZZWLRD and GL_CeeJay, the song blends Afrobeats with South…
The City of Johannesburg has ramped up its campaign against illegal outdoor advertising, with several high-profile brands – including Coca-Cola, Netflix, MTN, Absa, KFC, WeBuyCars, Jeep, Dis-Chem, Engen, and eTV – finding themselves caught up in the latest enforcement operations. The initiative, known as “No to Illegal Outdoor Advertising,” forms part of the city’s broader…
Senegal-born digital sensation Khaby Lame has secured a place on Forbes’ 2026 Top 50 Creators list, further cementing his status as one of the world’s most influential online personalities just months after his brand became the centre of a headline-making $975 million business deal. Lame ranked 15th on Forbes’ annual list, which evaluates creators based…
Families are expected to benefit from lower costs on a range of summer activities from Thursday as a temporary reduction in Value Added Tax (VAT) comes into effect for the school holiday period. The government has reduced VAT from 20% to 5% on selected family-focused activities, including admissions to theme parks, zoos, museums and other…
Nigerian music star Wande Coal has released his fourth studio album, KING COAL, marking his first full-length project in several years and reinforcing his position as one of Afrobeats’ most influential voices. The 15-track album arrives 17 years after his acclaimed debut, Mushin 2 Mo’ Hits, which helped shape the modern Nigerian music landscape. On…
Artificial intelligence company Anthropic has accused Chinese technology giant Alibaba of carrying out what it describes as the largest known attempt to extract the capabilities of its Claude AI model through fraudulent means. In a letter dated June 10 and addressed to US Senators Tim Scott and Elizabeth Warren, the San Francisco-based company alleged that…
Elon Musk is no longer a trillionaire after a sharp decline in the value of technology stocks wiped hundreds of billions of dollars from his paper wealth, according to the latest figures from the Bloomberg Billionaires Index. The index, updated on Tuesday, estimated Musk’s net worth at approximately $957 billion, down from about $1.11 trillion…
Ferrari has announced the departure of its longtime marketing chief, Enrico Galliera, just weeks after the unveiling of the luxury automaker’s first all-electric vehicle, the Luce, sparked widespread criticism. Galliera, who spent 16 years at Ferrari and served as the company’s Chief Marketing and Commercial Officer, will leave the role at the end of June….
Nollywood actress and media personality Nancy Isime has shared her thoughts on parenthood, revealing why she may decide not to have children. Speaking during an appearance on the Thanks For Coming podcast on Tuesday, the actress reflected on her perspective about bringing children into the world. When asked how many children she would like to…
Meta has suspended a company-wide employee monitoring initiative designed to collect workplace computer usage data for artificial intelligence training, following growing concerns over privacy and data security. The programme, known internally as the Model Capability Initiative (MCI), was introduced approximately two months ago as part of the company’s efforts to improve its AI systems. The…
For years, Kunal Shah occupied a unique place in India’s technology ecosystem. He was not merely a startup founder. He was a thinker, investor, commentator and, to many aspiring entrepreneurs, a voice worth listening to. His podcast appearances frequently explored subjects far beyond business, touching on human behaviour, trust, incentives, wealth creation and the future…
Grammy-winning Nigerian singer Burna Boy has become the African artiste with the highest number of entries on the U.S. Billboard Hot 100 chart, surpassing fellow Nigerian star Tems. Before this week, Burna Boy and Tems were tied with eight entries each on the prestigious chart. However, Burna Boy has now moved ahead after securing a…
Chinese technology giant and e-commerce leader Alibaba Group has filed a lawsuit against the United States government after being placed on a Pentagon blacklist that labels it as a company allegedly linked to China’s military. The legal action, filed in a California federal court, challenges the decision by the United States Department of Defense to…
The anticipation surrounding the release of Grand Theft Auto VI appears to be extending beyond the gaming community and into the workplace, with one company publicly acknowledging that the highly anticipated launch could affect its day-to-day operations. Burger Motorsports, an automotive performance parts and tuning company, recently shared what it described as an internal company…
For millions of football fans, hydration breaks at the World Cup have become an unwelcome interruption. The referee blows the whistle, players gather around coaching staff for water and tactical instructions, and the momentum of the match comes to a halt. But while viewers in some countries continue to watch analysis and on-pitch scenes, audiences…
Nigerian singer Spyro has attributed the financial struggles of some entertainers to extravagant spending on parties, luxury lifestyles, and women. The Who’s Your Guy crooner made the remarks while addressing fans during a performance at an event over the weekend, where he spoke about the importance of financial discipline and long-term investments. According to the…
For years, studying abroad has been seen as a reliable path to better opportunities for millions of Indian students. But that aspiration is now being reshaped by a combination of currency depreciation, tighter visa rules, and shifting global job markets. A Dream Becoming Harder To Finance For students like 29-year-old Pragati Priya, the dream of…
The UK’s proposed ban on social media access for under-16s is being framed as a child-protection measure, but its impact could extend far beyond teenagers. If implemented as planned in 2027, it may fundamentally change how people of all ages access online services, verify their identities, consume information, and interact with digital platforms. A Shift…
Fans eagerly awaiting Onimusha: Way of the Sword may not have to wait as long as originally anticipated, following reports that the game’s release date has been moved forward. Several major retailers have reportedly updated their listings for the upcoming action title, suggesting that the game could now launch on September 4, 2026, instead of…
