U.S. States launch antitrust probes of tech companies, focus on Facebook, Google
Two groups of U.S. state attorneys general have announced separate antitrust probes of large tech companies such as Alphabet’s Google and Facebook. The first probe, led by New York and…
Bill Gates dethroned, now third richest man in the world
Bill Gates has been unseated as the second richest man in the world, losing the position to Bernard Arnault, the chairman and CEO of LVMH. The everything shop owner Jeff…
Expert lists why indigenous e-commerce firms are champions
By midday on Tuesday September 4th 2018, a remarkable development, whose reverberations are still felt today, shook the e-commerce world and the whole of Wall Street. Amazon, an American e-commerce…
Amazon raises minimum wage to $15 per hour, Nigeria stalls at $50 per month
Amazon.com Inc said on Tuesday it would raise its minimum wage to 15 dollars per hour for U.S. employees from November at a time Nigeria pays a monthly minimum wage…
Exposed! New online scam uses ‘gift card’ to cream your bank account
Kaspersky Lab experts have discovered the distribution of an unusual fraudulent scheme that tricks users into parting with their time and their data, for no return. By creating fake websites…
Amazon Jeff Bezos is world richest man at $150bn
Amazon founder Jeff Bezos is now worth $150bn (£113bn), according to the Bloomberg Billionaire Index. Jeff Bezos’s net worth has increased by over $60bn in the last 12 months, which…
E-commerce: How Nigeria can create another Amazon
For long muted on Wall Street, the signal is now clear. Amazon, global e-commerce giant, is on the verge of not only overtaking Apple as the world’s most valuable company…
Amazon to staff: Resign, receive $5,000 but don’t come back
Amazon boss Jeff Bezos currently the world’s richest man valued at $100 billion has offered staff the option to quit for £3,700 ($5,000)… and never come back. The annual ‘pay…