business
KenGen cleared to launch auction of carbon credits
The court dismissed the petition by Sintmond Group Ltd, stating that it was persuaded by the...
Kenya’s delicate energy balancing act in face of rationing
The World Bank estimates that Nigeria loses $29 billion (Sh3.75 trillion) annually due to the...
Ruto holds the key to payslip tax cuts
Estimates by KBA show that workers' purchasing power has declined by up to 12 percent over the...
How wind, solar are forcing Kenya Power to ration electricity
Rationing forces businesses to seek alternative power sources or scale down operations...
How Kenyan manufacturers are powering prosperity through NSE
The NSE is not only a scoreboard for investors, but it is a barometer of our nation’s economic...
Co-op Bank staff now top owners after Sh1.7bn deal
Co-op Bank raised its dividend for the year ended December 2025 by 66.6 percent to Sh2.50 per...
eBay Tells GameStop We Good, Calls Unsolicited Bid “Neither Credible Nor Attractive
After considering GameStop's offer, eBay flat out said N A H!
Byron Allen Buys Controlling Stake in Buzzfeed, Steps in as CEO
SummaryMedia entrepreneur Byron Allen has agreed to acquire a 52% majority stake in BuzzFeed for $120 million via his Allen Family Digital affiliateUnder the terms of the transaction, Allen will officially become the Chairman and CEO of the companyCurrent CEO and co-founder Jonah Peretti will step down from his leadership position to take on a newly created role as President of BuzzFeed AIThe digital media landscape is undergoing another seismic shift. Media entrepreneur and television mogul Byron Allen is officially acquiring a controlling interest in BuzzFeed. According to Variety, Allen Family Digital—an affiliate of Allen’s family office—has entered into an agreement to purchase a 52% majority stake in the struggling digital publisher for $120 million USD. As part of the sweeping takeo...
Mavericks Tap Masai Ujiri To Clean up the Front Office and Lead a New Era in Dallas
SummaryThe Dallas Mavericks have officially hired former Toronto Raptors executive Masai Ujiri as their new president of basketball operations and alternate governorUjiri replaces Nico Harrison, who was dismissed in November following the heavily criticized trade that sent franchise cornerstone Luka Dončić to the Los Angeles LakersInheriting a 26-56 team, Ujiri will oversee all basketball operations and build around the team's new cornerstone, reigning Rookie of the Year Cooper FlaggFollowing a tumultuous season marked by a massive blockbuster trade and front-office upheaval, the Dallas Mavericks have found the seasoned leader they hope will restore stability and a championship culture. On Monday, the franchise officially announced the hiring of veteran executive Masai Ujiri as the team's ...
Spirit Airlines Officially Shuts Down After Trump White House Fails To Secure A Rescue Deal
Spirit Airlines shutters after failed bailout talks, leaving flyers and workers stranded amid high fuel costs.
The Blockbuster Bottleneck: What the Paramount-Warner Bros. Merger Means for Hollywood’s Future
SummaryThe Warner Bros.-Paramount merger solidifies an entertainment oligopoly, leading to massive industry layoffs and fewer overall productions as the studios consolidate operationsBurdened by corporate debt, major studios will abandon mid-budget originality in favor of safe, risk-averse blockbuster franchises and established intellectual propertyThis consolidation creates a crucial opportunity for independent studios like A24 and Neon to dominate the creative middle ground and champion auteur-driven cinemaThe ink is drying on the seismic merger between Warner Bros. Discovery and Paramount, cementing a reality Hollywood has been hurtling toward for years: the entertainment industry is now a bona fide oligopoly. As legacy studios consolidate to survive the streaming wars and mount defensi...
Paramount Skydance Announces Plans to Combine HBO Max and Paramount+
SummaryParamount Skydance has officially confirmed plans to merge HBO Max and Paramount+ into a single streaming service following the completion of its Warner Bros. Discovery acquisitionParamount CEO David Ellison announced the move during an investor call, noting the combined platform will boast over 200 million direct-to-consumer subscribersDespite the massive consolidation, Ellison emphasized that the prestige HBO brand will continue to operate with creative independence under network chief Casey BloysStreaming subscribers are officially in for another massive shakeup. Following its victorious bid to acquire Warner Bros. Discovery, Paramount Skydance has announced plans to combine HBO Max and Paramount+ into a single, unified streaming platform.Paramount CEO David Ellison confirmed the...
