February 2023

Nokia revealed plans on Sunday that involve a change to its iconic logo as the company focuses on a rebranding.  Nokia wants to move away from being known as a cell phone brand, as nowadays it is a “business technology company,” according to Chief Executive Pekka Lundmark. Fox Business reported Lundmark’s strategy of rebranding has three parts: reset, accelerate and scale. Now that the reset stage...

A new web tool called “Take It Down,” created to combat child exploitation, has gained the support of Facebook, Instagram and other social media services. “Take It Down” works by allowing users to attach a hash value or digital footprint to any intimate or explicit images and videos on their devices. "When tech platforms sign up to participate, they are provided these hash values, so they...

Walmart CEO, Doug McMillion, intends to keep private brands priced low to help fight inflation. He told Jim Cramer from CNBC, Walmart is “not participating in a recession if there is one.” McMillion believes that Walmart’s prices could influence the prices of other retailers and help reduce costs as a whole. He said “he would prefer that Walmart’s brand partners and suppliers “step forward” on their...

After hundreds of reports of Cosori air fryers overheating and catching fire, the company has recalled approximately 2 million of its products. The air fryers are sold at Best Buy, Target, Amazon and other retailers. According to the U.S. Consumer Product Safety Commission (CPSC), the recalled air fryers have a defect that can cause a wire connection to overheat resulting in a fire. Cosori “has received...

Sam Bankman-Fried, co-founder of the cryptocurrency company, FTX, got four additional criminal charges added to his already lengthy list on Thursday. He was charged in a superseding indictment in a New York federal court. And according to CNBC, a source familiar with the new charges says an additional 40 years could be added to Bankman-Fried’s sentence, if convicted. The new filing digs deeper into the alleged criminal...

You might have seen a commercial during the Super Bowl that encouraged you to “shop like a billionaire.” That was Temu. Temu is a Boston-based online retailer that shares the same owner as Pinduoduo, a Chinese e-commerce giant. Temu launched its online shopping site on Thursday and the corresponding app quickly became #1 in the app store. Temu offers a wide variety of products including apparel, pet...

Goya Foods is stepping up and providing people in the East Palestine community and those in the surrounding areas with food and critical supplies after a toxic train derailment. According to a press release put out by the company on Monday, Goya will be offering East Palestine residents food and beverage options that do not require tap water for preparation. Something, it claims, no one else...

Starbucks is introducing a new line of beverages made with extra virgin olive oil. The name of the line is “Starbucks Oleato,” which means “oiled” in Italian, and will be available at Starbucks locations in Italy starting this week. According to Yahoo Finance, “The new line of coffee drinks is made with Starbucks' arabica coffee and is infused with a spoonful of Partanna cold pressed, extra-virgin...

Home Depot announced on Tuesday that it will be spending an additional $1 billion this year to increase the pay of hourly workers. The new average age has not been disclosed, but the company’s starting wage for every market is at least $15 an hour. The pay increase will be seen this month in the hourly workers’ paychecks, according to CNBC. Home Depot is following suit from...

Last week, The LEGO Group said it plans to relaunch the LEGO Friends product to focus on diversity and inclusivity at an invitation-only media event in New York City. New building sets and streamable content will bring an “inclusive world of “authentic, interesting and passionate characters" with complexities like anxiety, limb difference, Down Syndrome, and other forms of visible and non-visible representation to better reflect real kids’...