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PwC Says Diaspora Remittances to Nigeria Could Hit $34.89 Billion
21.8.2019
As everyone knows, there are many nations which have a huge diaspora spread across the world and most of the people who live abroad send money back to their native country. One such country is Nigeria. Hundreds of thousands of professionals from the African nation now work in different countries...
Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
Apple Music To be Integrated into Porsche’s Electric Car Taycan
21.8.2019
Over the past few years, electric cars have become a hugely popular product in many countries across the world and rightly so. However, the manufacturers of electric cars have also become far more varied, and even mainstream car manufacturers have started making them now. One of the biggest...
Apple’s Streaming Service to Challenge Prime and Netflix Will Go Live in November This Year
21.8.2019
Over the past few years, it has become abundantly clear that people are prepared to pay for high-quality programming on streaming services like Netflix and Amazon Prime Video, among others. The number of subscriptions has increased at a breakneck pace over the years, and plenty of people are...
Shopify All Set to Target E-Commerce Behemoth Amazon After Upstaging eBay
20.8.2019
When Amazon had started more than two decades ago as a small online book shop, eBay was the king of the e-commerce industry with its novel auctioning marketplace. Over the years, eBay grew, but eventually, it was Amazon which emerged as the winner. However, e-commerce company Shopify has emerged...
Ernst and Young to Collaborate with Open Banking Nigeria to Create API Standards
20.8.2019
The world of banking has changed dramatically over the course of the past decade or so, and the biggest reason behind those changes is modern technology. Modern technology has created systems and platforms that have made banking a lot easier both for customers as well as for those who work at...
Prime Now to be Used by Amazon to Get into the Food and Grocery Delivery Space
20.8.2019
Over the course of the past two decades, Amazon has grown into one of the world’s most innovative e-commerce companies, and it has done so by taking risks that many other firms might find unappealing. The company started off selling books online, but now it is known as the ‘everything store.’ After...
As US Expands Subprime Mortgage Program, Is a New Crisis Looming?
19.8.2019
The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social...
Employees Can Also Own Stakes in Vision Fund 2 as SoftBank Decides to Lend Them $20 Billion For The Purpose
19.8.2019
As everyone knows, SoftBank is possibly the most influential entity in the world when it comes to investing large sums of money on promising startups all over the world. The company has invested billions in some of the most valuable in the world and it did so through its $100 billion investment...
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
Amazon Decides to Donate Millions of Products from Third-Party Sellers to Charities in US and UK
17.8.2019
Some of the most significant and most valuable companies in the world are often urged to work towards charitable endeavors on a daily basis by charities, governments, and activists. More often than not, all those companies work towards those goals, and some companies often go above and beyond their...
GoCo Group Signs Partnership Deal with Fintech Firm Bud
17.8.2019
Over the course of the past half, a decade or so financial technology or Fintech has become one of the world’s most valuable industries, and it is almost certain that the sector is going to grow exponentially in the years to come. Some of the solutions that Fintech companies have come up with...
Apple Slaps Lawsuit Against Corellium for Selling Unlawful iOS Replicas
17.8.2019
When it comes to technical innovation, then there are very few companies which can hold a candle to Apple and over the years, those innovative products have made the company immensely rich. Like any other company, Apple is also fiercely protective of the products it has made and particularly...
Chinese Credit Card Repayment Company Samoyed Cancels US IPO Due to ‘Unfavourable Market Conditions’
17.8.2019
The raging trade war between the United States and China is something that is almost always going to be on the background of any business deals that might be taking place, which involves entities in either nation. In a new development, Chinese Fintech company Samoyed Holdings Limited has decided...
Alibaba Co-Founder Joe Tsai All Set to Splash $3.3 Billion to Buy the Brooklyn Nets and Barclays Center
17.8.2019
Over the course of the past two decades, ownership of sports teams has become one of the most important trends among the billionaires of the world, and it is all set to continue. Billionaires and the ultra-rich have bought sports team in the United States and soccer clubs in Europe quite frequently...
US Aviation Regulator FAA Bans Some MacBook Pro Laptops from Flights
15.8.2019
When it comes to flights, regulators need to be extremely careful about what they allow onboard and what not. Even the slightest spark of fire on board can result in a gruesome accident and hence, most aviation regulators across the world take a dim view of anything that could prove to be a fire...
Warren Buffett’s Berkshire Hathaway Raises Its Holding in E-commerce Giant Amazon
15.8.2019
As everyone knows, Warren Buffett is the world’s greatest investors, having created tens of billions of dollars in wealth through his investments over the past several decades. Hence, when he discloses about the investments made by his company Berkshire Hathaway, then it is big news. Additionally...
Three of the World’s Biggest Tech Companies to Testify Against French Digital Tax in US
14.8.2019
Over the past two decades, some of the biggest tech companies in the world originated in the United States, but it was not long before those companies expanded into the rest of the world. As long as those companies operating in the United States, they were governed by tax laws in their native...
Head of FTC says He is Willing to go After Big Tech and Break the Companies Up
14.8.2019
If there is one thing that has been established beyond doubt, then that is the fact that much of the world is now heavily influenced by some of the biggest tech companies. Hence, over the past few years, there has been the talk among regulators and critics of the tech industry that many of...
Amazon Web Services Sets Up Data Centers in Israel
14.8.2019
Cloud computing services, along with data centers, have now become one of the most important industries in the world. The primary reason behind the growth of the industry is down to the fact that almost all businesses now need these services and Amazon’s Amazon Web Services (AWS) is the global...