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Big Brother Naija star, Angel, has publicly expressed her outrage and grief over the recent death of cross-dresser, Area Mama. I

In a scathing message shared on social media, Angel condemned those responsible for the tragedy, drawing a parallel between public behaviour and government actions.

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Under Armour (UAA) shares popped intraday Thursday following the company's first-quarter fiscal 2025 results, its first since announcing a substantial restructuring plan.

The athletic apparel retailer said it has recognized $34 million of the estimated $70 to $90 million in charges related to the restructuring, with the remainder expected to occur in fiscal 2025. Notably, the process has included a drawback in promotional material. 

"We are encouraged by early progress in our efforts to reconstitute a premium positioning for the Under Armour brand and pleased with our first quarter fiscal 2025 results that were ahead of expectations," Chief Executive Officer (CEO) Kevin Plank said.

Under Armour reported revenue of $1.18 billion, down 10% year-over-year but above analysts' expectations of $1.14 billion, per Visible Alpha. North America revenue decreased 14% to $709.3 million. 

It posted a per-share loss of 70 cents, far wider than expectations of a loss of 27 cents per share. However, the company posted an adjusted profit of 1 cent per share, while analysts expected an adjusted loss of 8 cents per share. 

Under Armour said it expects fiscal 2025 revenue to fall at a low double-digit percentage rate, in line with expectations. It sees earnings swinging to a loss between 53 cents and 56 cents per share, far wider than expectations of a 4-cent loss per share, and an adjusted per-share profit of 19 cents to 22 cents, in line with expectations of 20 cents. 

Shares of Under Armour surged nearly 20% to $7.74 as of 12:10 p.m. ET Thursday. Still, they are down about 12% in 2024.

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The U.K.'s antitrust watchdog agency announced a formal investigation into Amazon's (AMZN) artificial intelligence (AI) partnership with Anthropic, making it the latest in the series of government antitrust agencies to scrutinize the relationships between big tech companies and AI startups.

The Competition and Markets Authority (CMA) said Thursday it is investigating the partnership between Amazon and Anthropic to determine if the relationship between the companies is effectively a merger.

The CMA said it expects to announce whether the partnership merits a second investigation phase on Oct. 4.

The news comes not long after the CMA said in July it was examining the relationship between Google parent Alphabet (GOOGL) and Anthropic under similar grounds, as several big tech companies' AI partnerships face scrutiny from antitrust regulators in the U.K., the U.S., and the European Union.

U.K. regulators are also investigating Microsoft's (MSFT) agreement with Inflection AI as a potential merger. The Federal Trade Commission (FTC) is reportedly examining the arrangement as well.

Amazon shares were up 1.3% at $164.94 in early trading Thursday, and have gained over 8% since the start of the year.

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Alphabet's (GOOGL) Google and Meta Platforms (META) reportedly had a "secret deal" to target Instagram advertisements to teenagers on YouTube.

According to the , Google had a marketing project aiming to pull 13- to 17-year-old YouTube users into Meta's Instagram, circumventing the search giant's rules barring personalized ads to those under 18.

The companies partnered with Spark Foundry for a pilot marketing program in Canada between February and April, and then had a trial in the U.S. in May, with plans to expand internationally and also promote Meta's Facebook platform, the report said, citing people familiar with the matter.

"We prohibit ads being personalized to people under 18, period. These policies go well beyond what is required and are supported by technical safeguards," a Google spokesperson told . "We've confirmed that these safeguards worked properly here. We'll also be taking additional action to reinforce with sales representatives that they must not help advertisers or agencies run campaigns attempting to work around our policies."

Meta didn't immediately respond to an emailed request for comment.

The collaboration between Google and Meta marks an unusual partnership by usually cutthroat rivals amid increasing scrutiny by regulators.

This week, a federal judge ruled that Google broke antitrust law by holding a monopoly with Google Search, a decision the search giant said it plans to appeal. Last month, Meta's practice of "pay or consent" advertising on its products like Instagram and Facebook was found to have preliminarily violated the European Union's (EU) new Digital Markets Act (DMA), the European Commission said.

Shares of Alphabet and Meta were both up over 2% as of 10:45 a.m. ET Thursday.

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Warner Bros. Discovery (WBD) shares plunged Thursday after the entertainment company recorded an almost $10 billion second-quarter loss, hit by a write-down in the value of its cable networks.

The company posted a $9.1 billion non-cash goodwill impairment charge from its cable networks segment, showing that CNN and TNT, among others, continue to be disrupted by streaming services like Netflix (NFLX).

The company's fortunes don't look much brighter, either, after its TNT Sports unit last month lost out on the lucrative 11-year media rights deal to show NBA games.

Warner Bros. Discovery's second-quarter loss widened to $9.99 billion from $1.24 billion last year, while revenue fell to $9.71 billion from $10.36 billion. Analysts polled by Visible Alpha anticipated a loss of just $562.7 million on $10.17 billion in revenue.

Cable networks across the board are struggling. Disney (DIS) on Wednesday said its combined streaming business of ESPN+, Disney+, and Hulu was profitable for the first time, but said revenue at its linear TV networks fell 7% year-over-year in the third quarter and shares fell.

Warner Bros. Discovery shares sank 8% to $7.07 soon after the opening bell Thursday. They are down almost 40% this year.

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A Nigerian man has been called out for proposing to another woman in the U.K, just some days after he tied the knot with a woman in the United States.

According to the reports the Nigerian man had gotten married to his partner in US with the intention of wedding yet another lady.

It was gathered that the man flew to United Kingdom and got engaged to another lady there.

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