Category: Business

Apple CEO Tim Cook quietly met with top Trump administration officials to express concern over proposed tariffs on Chinese-made electronics—moves that could have significantly raised the price of iPhones for U.S. consumers. According to The Washington Post, Cook engaged directly with Commerce Secretary Howard Lutnick and other senior figures during the tariff standoff, opting for […]

Boeing has agreed to sell portions of its Digital Aviation Solutions business to private equity firm Thoma Bravo for $10.55 billion in an all-cash transaction. This strategic move is part of Boeing’s plan to streamline operations and focus on its core aerospace and defense sectors. The deal includes four key digital aviation platforms: Jeppesen, ForeFlight, […]

In 2024, global employee engagement fell to 21%, a two-percentage-point decrease from 2023 and the second recorded decline since 2009. This drop resulted in an estimated $438 billion in lost productivity worldwide, according to Gallup’s “State of the Global Workplace: 2024” report. The report highlights that while engagement levels have stagnated, employee stress and loneliness […]

The world is facing a “silver tsunami” – an unprecedented ageing of the global workforce. By 2030, more than half of the labour force in many EU countries will be aged 50 or above. Similar trends are emerging across Australia, the US and other developed and developing economies. Far from being a burden or representing […]

Thousands of Nigerians are reeling after the digital investment platform CBEX reportedly vanished with an estimated $847 million (approximately ₦1.3 trillion) from users’ accounts. The platform, which promised returns as high as 100% per month, locked users out of their accounts and halted withdrawals without prior warning. According to cryptocurrency expert Taiwo Owolabi, the total […]

Enacting strong federal consumer data privacy laws is among EFF’s highest priorities. For decades, EFF has advocated for federal privacy law that is concrete, ambitious, and fully protective of all Americans’ data privacy. That’s why, when the House Committee on Energy and Commerce recently established a Privacy Working Group and asked for comments on what […]

Seven of the ten most populous cities in the world are in Asia, with Tokyo, Delhi, Shanghai and Dhaka topping the list. These urban giants, long seen as symbols of opportunity and progress, are now in danger of dragging economies backwards. In a new report, the UN’s regional development arm, ESCAP, warns that without urgent […]

The U.S. Federal Trade Commission (FTC) has launched legal action against Uber Technologies Inc. (NYSE: UBER), accusing the ride-hailing giant of misleading consumers through its Uber One subscription service. The complaint alleges that Uber engaged in deceptive billing practices and failed to provide an easy way for users to cancel recurring charges. In a statement […]

We’re in the midst of a long-overdue resurgence in antitrust litigation. In the past 12 months alone, there have been three landmark rulings against Google/Alphabet (in search, advertising, and payments). Then there’s the long-running FTC v. Meta case, which went to trial last week. Plenty of people are cheering these cases on, seeing them as […]

Amid Donald Trump’s escalating tariff war with China, the world has been left in no doubt. Consistent with his campaign messaging, and going against the overwhelming majority of economists’ advice, it’s clear that the US president still loves tariffs. He is ready to use them as a bargaining tool – and also to change them […]