Business
Tatu City Accuses Kenyan Governor Of Attempting To Extort Foreign Investors
Tatu City, a 5000-acre real estate development in Kenya, accused Kiambu County Governor, Kimani Wamatangi and his aide, of trying to extort 4.3...
Elon Musk Wins $500M Lawsuit Against Former Twitter Employees
Elon Musk has defended against a lawsuit demanding $500 million in severance pay from former Twitter employees. A U.S. District Judge, Trina Thompson,...
Greece Justifies Its New Six-Day Workweek Policy Following Public Blacklash
The Greek government has defended its new six-day workweek policy, saying it does not alter the standard five-day, 40-hour workweek mandated by law....
Dyson to Slash 1,000 UK Jobs Due To Rising Global Competition
Dyson, the renowned vacuum cleaner manufacturer, is set to cut around 1,000 jobs in the United Kingdom, where it currently employs 3,500 people....
Paramount Global, Skydance Media Announce $28 Billion Merger
Paramount Global, a famous Hollywood studio, has agreed to merge with independent film studio Skydance Media in a deal valued at $28 billion....
Boeing Pleads Guilty To Avoid Trial Over Deadly 737 Max Crashes
Boeing has agreed to plead guilty to fraud to avoid trial in the U.S. for charges related to two fatal crashes involving its...
Amnesty International Questions Potential Bias In NUPRC’s Review Of Shell’s Asset Sale
Amnesty International has raised serious concerns about the impartiality of Shell’s proposed sale of its onshore assets in Nigeria. This is due to...
Samsung To Record 15-Fold Profits In Q2 As AI Chip Demand Increases
Samsung Electronics has reported a significant surge in its second-quarter profits. The South Korean tech giant, on Friday, announced a 15-fold increase in...
EU Imposes Heavy Tariffs on Chinese Electric Vehicles To ‘Level Competition’
The European Union has imposed tariffs of up to 37.6% on Chinese electric vehicles (EVs) starting July 5. The tariffs range from 17.4%...
India’s X Alternative, Koo, Shuts Down Due to Funding Shortages
Koo, India’s local alternative to X (formerly Twitter), has announced its shutdown, leaving millions of users stranded. Launched in 2020, Koo offered a...
Meta Announces Monetisation For Nigerian, Ghanaian Facebook Creators
Meta Platforms Inc., more commonly known as Meta, has announced that content creators in Nigeria and Ghana can now earn money on Facebook...
EU Accuses Meta of Violating Antitrust Rules Over Ad-Supported Subscription Model
On Monday, the European Commission accused Meta Platforms, Inc., the parent company of Facebook and Instagram, of violating EU antitrust rules with its...