Billionaire Moves to Take L’Occitane Private in a $7 Billion Deal
Apr 29, 2024 03:47 am UTC| Business
In a bold move that could reshape the luxury skincare landscape, Reinold Geiger, the billionaire owner of LOccitane International, is reportedly preparing a lucrative offer to privatize the renowned beauty...
Maersk to Invest $600 Million in Nigerian Seaport Infrastructure
Apr 29, 2024 02:54 am UTC| Business
Danish shipping and logistics giant A.P Moller-Maersk has announced a $600 million investment in expanding existing port facilities. This decision follows a meeting between Nigerian President Bola Tinubu and Maersks...
Star Entertainment’ David Foster Quits Just Weeks After Appointment
Apr 29, 2024 02:52 am UTC| Business
Star Entertainment Group Limiteds chairman, David Foster, resigned amid the companys fight to keep its operation license in Sydney. The Australian gambling and entertainment company is currently trying to convince...
OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze
Apr 29, 2024 02:24 am UTC| Technology Digital Currency Business
Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to...
Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership
Apr 28, 2024 16:23 pm UTC| Technology Digital Currency Business
Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giants further dive into the Web3 space. Adidas Steps Into Web3 with Stepn Collaboration,...
Samsung's Lee Jae-Yong Forges Strategic AI Chip Production Alliance With ZEISS
Apr 28, 2024 15:38 pm UTC| Technology Business
Lee Jae-yong, Chairman of Samsung Electronics, has deepened ties with ZEISS in Germany to propel the company into a leadership position within the AI chip sector. Strengthening Samsungs Chip Production with...
Tesla Debuts Enhanced Autopilot in China for Just $98 Monthly
Apr 28, 2024 12:51 pm UTC| Technology Business
Tesla has officially launched Enhanced Autopilot subscriptions in China, offering features like auto-steering and auto-lane change. Marking a strategic step in Teslas global tech deployment. Teslas Pricing Strategy:...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects