TikTok to invest $8.8 bn in Thailand over five years
The social media platform owned by China’s ByteDance is the latest in a string of big tech names to announce major spending projects in the kingdom, after Amazon, Google and Microsoft.
Category: Business / Finance
Nigerians displaced as rents double in inflation-hit Lagos
With a population of more than 20 million, the country’s sprawling, ever-growing economic capital has for years struggled to keep up with housing demand, with some 3,000 people added to its population per day.
Most USAID workers to be fired or placed on leave
Around 1,600 workers based in the United States will be laid off in a “reduction-in-force” effort, according to a notice on the US Agency for International Development’s website.
CAK Approves Metal Cans & Closures Acquisition Of Assets From Nampak Kenya
The deal will see Metal Cans and Closures Kenya Limited expand its business by venturing into the production of food cans, crown caps, and shoe polish containers.
Nokia names Intel’s AI head to replace CEO
Lundmark, who has served as Nokia’s CEO since 2020, will leave his position on March 31 and Hotard will take over the next day, the company said in a statement.
Former US President Biden Signs With Talent Agency CAA
Joe Biden has signed with the powerhouse talent agency CAA, joining its star-studded ranks of Hollywood actors and sports legends as the former US president explores what comes after the White House.
Apple Blasts Porn App for iPhones in Europe
The App Store does not allow porn — but the Hot Tub app is offered on AltStore PAL, one such alternative marketplace.
Bitcoin Hits Record Above $109,000 Ahead of Trump’s Inauguration Ceremony
Bitcoin surged to reach an all-time peak of $109,241 ahead of Trump’s inauguration ceremony, before falling back to $107,765 at around 0740 GMT.
Thousands across Gaza celebrate ceasefire deal
Hamas sparked the war in Gaza by staging the deadliest-ever attack on Israel on October 7, 2023, resulting in the deaths of 1,210 people, mostly civilians
TikTok calls report of possible sale to Musk’s X ‘pure fiction’
Bloomberg News had earlier reported that Chinese officials were considering selling the company’s US operations to Musk’s social media platform X.
