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Chipotle CEO Gets $113m sign-on Package as New Starbucks Boss
The global coffee shop chain has announced that Laxman Narasimhan is stepping down from his role after less than two years in the role;
Aug 20, 20241 min read


TikTok’s Owner Launches AI text-to-video Generation Tool
The owner of the social media monster, TikTok, has launched an AI text-to-video generation tool; but only for Chinese users for the time...
Aug 12, 20242 min read


Meta Users Can Nnow Build Virtual Versions of Themselves
Meta users across the globe will soon be able to create chatbots of themselves that mirror their interests and personality. The AI...
Aug 5, 20241 min read


McDonald's CEO Admits Its Food Is Too Pricey
The CEO of fast food giant, McDonalds, has admitted that high prices have contributed to lower sales. McDonald's CEO Chris Kempczinski...
Aug 5, 20242 min read


Qantas Slashes Exit Package of Shammed Former CEO
The Australian airline, Qantas, has cut the pay-out heading to its former CEO by more than 40%. Alan Joyce has now left the company...
Aug 5, 20242 min read


Nestle Creates Line Of Frozen-Food For Ozempic Users
Food giant, Giant, is launching a frozen-food brand aimed squarely at people who are using GLP-1 drugs like Ozempic and Wegovy. The Vital...
May 27, 20241 min read


Online Home Goods Store Wayfair Opens Its First Physical Store
Wayfair, the online home goods company, has opened its first physical store near Chicago in the US. In an interview with CNBC, the CEO of...
May 27, 20242 min read


Amazon Unveils New Content For Prime - Including Tomb Raider Series
New York hosted Amazon Prime’s first ever Upfront event at which the streaming service unveiled what launches viewers can expect in the...
May 17, 20241 min read


Burberry Facing Year’s Worst Results
The British fashion house, Burberry, now under the watchful eye of designer Daniel Lee, has revealed its worst results of the fiscal year...
May 17, 20241 min read


TikTok Will Restore Millions of Songs After Universal Dispute Settled
A spate between two giants of the music world has finally been resolved. TikTok and Universal have come to an agreement after months of...
May 3, 20242 min read


Momofuku Owner Cools Down Over “Chili Crunch” Trademark
The celebrity chef, podcaster and author behind the Momofuku brand of restaurants has promised to stop enforcing a trademark for the term...
Apr 29, 20241 min read


US Watchdog Gets Shirty About Handbag Brand Takeover
The US Federal Trade Commission (FTC) has stepped in to block the takeover of the company that owns the fashion brand, Michael Kors....
Apr 29, 20241 min read


Unilever, One of The World’s Biggest Plastic Users, Scales Back Environmental Pledges
In a move that is drawing criticism, one of the world’s biggest users of plastic packaging is scaling back its social and environmental...
Apr 22, 20242 min read


British Shoe Legend Dr Martens Launches Lawsuit Against Temu
British bootmaker, Dr Martens, is launching a trademark lawsuit against Chinese marketplace, Temu. In a report in The Sunday Times, it...
Apr 22, 20241 min read


Disney Unveils New Film Slate as Well as Park Expansion Plan
Disney has revealed three of the films that fans can expect from the media giant in the coming few years. According to CNBC News, amongst...
Apr 15, 20241 min read


Founder of Starbucks Invests in Tony’s Chocolonely
Howard Schultz, former chief executive officer and founder of Starbucks has bought shares in Dutch ethical chocolate brand, Tony’s...
Apr 15, 20241 min read


Canadian Entrepreneur, Kevin O’Leary, Tells Press he Wants to Buy TikTok
Businessman, Kevin O’Leary, is putting together a bid to buy the Chinese-owned video sharing platform, TikTok. The entrepreneur is...
Apr 2, 20242 min read


McDonalds Takes The Doughnut With Krispy Kreme Deal For Whole of US
Baked goods behemoth, Krispy Kreme, will be doubling its distribution over the next two and a half years in order to make its goods...
Apr 2, 20241 min read


Reddit Makes Stock Market Debut & Sees Shares Surge
Social media website, Reddit, has made its debut on the New York Stock Exchange; and saw its share price boosted by 48% by the close of...
Mar 25, 20241 min read


Adidas is Replaced as German Football Team’s Sponsor After 77 Years
The German National Football Team has signed Nike as its new sponsor, parting ways with adidas after more than seventy years. The...
Mar 25, 20241 min read


Instagram Extends Marketplace Tool to Eight New Countries
Creators in Canada, Australia, New Zealand, the United Kingdom, Japan, India, and Brazil will now have access to Instagram’s marketplace...
Feb 26, 20241 min read


Nike Cuts Two Percent Of Workforce
In a dramatic cost cutting exercise to save $2 billion, Nike is to lay off an estimated 1600 people. According to Vogue Business, the...
Feb 26, 20241 min read


Sports Giant ESPN Is To Launch Its Own Streaming Service
ESPN is to launch its own flagship streaming service in the autumn next year. It will offer consumers all of the current programming but...
Feb 16, 20241 min read


Google Pledges 25 Million Euros To Boost Europe’s AI-savvy Workforce
Google has committed 25 million euros to help people living in Europe learn how to use AI. The money will be used, firstly, to provide...
Feb 16, 20241 min read
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