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Starbucks to open 500 stores Middle-East in five years

Starbucks plans to grow its presence in the Middle East, adding 500 new stores and creating 5,000 jobs over the next five years. CEO Brian Niccol announced the expansion on Bloomberg Television on Friday, as the company seeks to recover from last year’s challenges and consumer boycotts in the region. Starbucks operates over 1,300 stores […]

TikTok removes more Universal Music songs as conflict worsens
Tech

TikTok restored on Apple, Google app stores in US

TikTok returned to the United States Apple and Google app stores Thursday evening after being removed on Jan. 18. The Chinese-owned social media platform was taken down after its leadership temporarily suspended U.S. operations in response to a national security law that went into effect the next day. Nearly a month later, TikTok is once […]

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Kogi cashew dealers demand govt action against foreign buyers

Cashew dealers in Kogi State have urged the government to intervene and prevent foreign buyers from disrupting the cashew value chain. They warn that this practice is deepening poverty and threatening local livelihoods. In a statement, the Board of Trustees Chairman of the Kogi Cashew Dealers Stakeholders Association, Baba Mohammed, accused foreign buyers, particularly Indians, […]

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FG launch 40 million-dose vaccine storage facility

The Federal Government has inaugurated a solar-powered strategic vaccine storage facility in Sheda, FCT, with a 40-million-dose capacity. Built under the Livestock Productivity and Resilience Support Project with World Bank support, the facility was unveiled by Livestock Development Minister, Idi Maiha and Prof. Attahiru Jega, co-chair of the Presidential Livestock Reforms Committee. Maiha made this […]

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Vitel Wireless obtains NCC allocation for unique mobile number series

Vitel Wireless said it has become the first Mobile Virtual Network Operator in Nigeria to be allocated a mobile number series by the Nigerian Communications Commission. The NCC assigned the 0712 mobile number series to Vitel, marking a significant milestone in the country’s telecommunications sector. This was disclosed by the company in a statement on […]

Germany charges Apple with antitrust violations over app tracking tool
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Germany charges Apple with antitrust violations over app tracking tool

Germany’s antitrust authority has charged Apple with abusing its market dominance through its App Tracking Transparency tool, accusing the tech giant of giving itself an unfair advantage over competitors. The move follows a three-year investigation by the Federal Cartel Office and could lead to daily fines if Apple fails to modify its business practices. The […]

Australia fines Telegram $640K for delayed response on online safety
News

Telegram rolls out new features, expands AI-powered sticker search

Telegram has introduced a series of new updates to its messaging platform, enhancing sticker search, video sharing, and bot discovery. The updates come as the company, which became profitable last year, continues to expand its features. One of the major improvements is an upgrade to Telegram’s AI-powered sticker search. Initially launched in December with a […]

Jeff Bezos' Blue Origin to lay off 10% workforce
News

Jeff Bezos’ Blue Origin to lay off 10% workforce

Blue Origin is cutting approximately 10% of its workforce, just one month after the successful maiden launch of its New Glenn mega-rocket. The layoffs could impact around 1,000 employees, as the company employs more than 10,000 people, according to a report from Reuters. CEO Dave Limp informed employees of the decision during an all-hands meeting […]

US considers equity stakes in chipmakers under CHIPS act
News

Judge okays Trump’s buyout plan for federal workers

Around 75,000 United States federal employees have accepted the White House’s “deferred resignation” offer, which allows them to resign while being paid through September, according to an Office of Personnel Management spokesperson. The deadline closed Wednesday after a federal judge lifted a temporary halt on the program. The reported 75,000 federal employees who accepted the […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
News

CBN clarifies N100 fee withdrawals at other banks’ ATMs

The Central Bank of Nigeria has clarified that the newly reviewed N100 charge on ATM withdrawals from other banks (Not-On-Us transactions) applies regardless of whether the withdrawal amount reaches N20,000. In a FAQ document on the revised ATM transaction fees, the CBN explained that the N100 charge per N20,000 withdrawal is meant to prevent customers […]

News

Porsche to cut 1,900 more jobs in workforce reduction

Porsche AG plans to cut 1,900 more jobs over four years, citing the need for deeper reductions beyond its ongoing program. The cuts will affect its main sites in Stuttgart-Zuffenhausen and Weissach, targeting a 15% workforce reduction by 2029, according to Reuters. Porsche, majority owned by Volkswagen AG, confirmed that forced redundancies are not allowed […]

Tech

SAP, Databricks partner to integrate AI into business applications

SAP, one of the world’s largest software companies, announced on Thursday, it is partnering with fast-growing Databricks to integrate data analysis with SAP’s HR, finance, and logistics software. This collaboration aims to help customers access and interpret their critical data more efficiently. “The way I think about it, the most important enterprise data on the […]