Markets

Amazon Limiting New Online Orders Due to Overwhelming Demand

Global breakout of deadly coronavirus has largely been overwhelming the healthcare facilities pushing them to extreme limits. The retail industry has been experiencing a surge in purchase orders both physical purchases and online orders. This pressure being felt by healthcare facility is also also being felt by the retail industry, however, in a different way. […]

Facebook Sued Over Selling Private User Data to Advertisers

Pioneer social media network Facebook Inc. (FB) has been sued again over security of user data, this time round, the tech guru is being accused of breaching user data privacy laws by tracking internet activities of users even after they have long logged out of Facebook. The lawsuit filed in a Federal court in San […]

Zoom Sued Over Data Security Issues

American provider for remote video conferencing services Zoom Video Communications Inc. (ZM) has been sued by its shareholders for failing to reveal that its Zoom app doesn’t support end- to-end encryption and exaggerating its privacy standards. Since the platform lacks end-to-end encryption, this means the company has the ability to access on going session by […]

Mobile Streaming App Quibi Downloaded by More Than 300,000 Users on Its First Day

Mobile video streaming platform Quibi launched on April 6 at its headquarters in Los Angeles, California. However, one day after it was launched the app had been downloaded by a whopping 300,000 users. Quibi stands for ‘quick bites’. The above data was provided by app data tracker Sensor Tower adding that users staying at home […]

Roku Launches Roku Channel in the UK

U.S based manufacturer of digital media equipment Roku Inc. (ROKU) has launched the Roku Channel in Britain. According to the company this channel will be free of charge for all customers across the UK. This means no subscriptions, log in or fees will be required for one to access this channel. According to the company’s […]

Mexico Temporarily Halts Production of Corona Beer In the Country

Beer producing firm in Mexico Grupo Modelo has announced temporary suspension from production of Corona beer among other brands as well. This means the company will be temporary cutting out supply of beer to the 180 countries it supplies beer to. As many would be fast to conclude that the company ceased production due to […]

Disney+ Set to Premiere in North Africa and in the Middle East

Mass media and entertainment company Walt Disney Co. (DIS) has announced that they’ll be launching their Disney+ services in North Africa and the Middle East come April 9. The Disney+ content will be made available on regional pay television and online streaming service provider OSN which is based in the Middle East having its headquarters […]

Amazon Wooing Employees with Higher Pay to Pick and Pack Whole Food Groceries

World’s largest e-commerce company Amazon Inc. (AMZN) is wooing its employees who work in the warehouses with higher salaries to pick and pack whole food groceries amid coronavirus pandemic. Without a doubt, many employees have lost their jobs following this pandemic, others have been forced to go on a mandatory less paid leave or an […]

Facebook and Netflix to Relieve Network Congestion in India by Reducing Data Traffic

Social media guru Facebook Inc. (FB) and media services production company Netflix Inc. (NFLX) announced they will be reducing amount of data their services consumes in India so as to ease network congestion in the country. The companies claim to have taken this measure so as to reduce network congestion in the world’s second highest […]

Coronavirus Epidemic Pushing U.S Auto Dealers to Online Orders for Cars

Quarantines and lockdowns are new orders of the day brought about by outbreak of deadly coronavirus across the entire world. The automobile industry has been indeed greatly affected since moving of persons has been restricted due to quarantines and lockdowns. Individuals can no longer physically access showrooms and view cars, however, all is not lost […]