Toshiba receives $19B acquisition bid offer from local consortium
Oct 14, 2022 08:02 am UTC| Business Economy
Toshiba Corp. is up for sale, and it reportedly received a huge bid offer of $19 billion or 2.8 trillion. The amount is said to be a 26% premium to the companys closing price on Wednesday this week. Toshiba chose a...
Huawei, ZTE’s new equipment purchases could be banned by US FCC
Oct 14, 2022 07:51 am UTC| Business Economy
The U.S. Federal Communications Commission is reportedly set to ban the approval for the purchase of equipment from Huawei and ZTE Chinese tech companies. The American government is said to be expanding its crackdown...
Kellogg's Eggo brand waffle brand launches boozy Eggo Nog liqueur for the holidays
Oct 14, 2022 07:43 am UTC| Business Economy
Kelloggs Eggo frozen waffle brand is offering something new for the holidays, and the consumers may be surprised by its choice of product to release for the festive season. Eggo is launching a boozy holiday drink which...
San Antonio Spurs retain AT&T Center naming rights deal for 2022/23 season
Oct 13, 2022 23:32 pm UTC| Sports Economy Business
The San Antonio Spurs have retained their ATT Center naming rights agreement for the 2022/23 season after failing to find a new naming rights partner. AtT informed the Spurs in July 2021 that it would not be renewing...
Kansas Jayhawks to wear Adidas Trae Young 2
Oct 13, 2022 23:32 pm UTC| Economy Business Sports
The University of Kansas Jayhawks basketball team will wear exclusive pairs of the Adidas Trae Young 2 this season. The Jayhawks are the BIG 12 rivals of Youngs alma mater, the University of Oklahoma Sooners. The...
Porsche postpones electric Macan SUV until 2024 due to software woes
Oct 13, 2022 23:32 pm UTC| Life Economy Business
Porsche is delaying the launch of its all-new Macan SUV EV until 2024 due to software development delays and bugs, The launch was originally set for next year. The delay is a massive blow for the EV that was to be...
Coca-Cola's sponsorship of COP27 in Egypt sparks criticism
Oct 13, 2022 23:31 pm UTC| Life Nature Economy Business
Egypts decision to make Coca-Cola one of the main sponsors of the UN climate change conference (COP27), has sparked controversy on social media and among environmental activists and organizations. The COP 27 will be...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects