Tag: Amazon

13Aug By Ajiboye IfeoluwaNo Comments

Sport

Arteta not consulted over ‘All or Nothing’ Arsenal documentary

The Gunners will follow the likes of Manchester City and Tottenham in appearing in the Amazon show Mikel Arteta was not consulted over Arsenal’s decision to appear on Amazon’s 'All or Nothing' documentary this season. The Gunners will follow the likes of Manchester City and Tottenham in appearing in the show which will provide behind the scenes insight into the 2021-22 campaign for the club’s fans across the world. And whilst Arteta believes it will be a good thing to open things up for supporters, he admits he was not asked for his opinion on the matter when the club were in discussions with Amazon over the project.

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21Jul By MosesianNo Comments

News

Jeff Bezos donates $100 million each to CNN reporter Van Jones and chef Jose Andres for trying to ‘unify a divisive world’

The world's wealthiest man, Jeff Bezos, and owner of Amazon has donated the stunning sum of $200m to CNN contributor Van Jones and chef José Andrés.  He made the announcement on Tuesday, July 21, after flying to the edge of space that he planned to award $100 million each to both men. Bezos said that Jones and Andres were free to do "what they want" with the money. "They can give it all to their own charity," Bezos said at a press conference after his trip to space. "Or they can share the wealth. It is up to them." The money, Bezos said, was tied to a "surprise" philanthropic initiative he wanted to announce called the Courage and Civility Award. The award aims to honor those who have "demonstrated courage" and ...

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9Jul By Ajiboye IfeoluwaNo Comments

Sport

Arsenal team up with Amazon as next Premier League club to feature in All or Nothing documentary series

The Gunners will allow cameras behind the scenes during the 2021-22 season, following Manchester City and Tottenham in recent years Arsenal will be the next club to feature on Amazon's All or Nothing series, with cameras to be allowed behind the scenes at Emirates Stadium during the 2021-22 campaign. The popular television programme features in-depth looks at the inner workings of top-flight football clubs, including access to the changing rooms pre- and post-match, as well as speaking to senior club figures, players and managers. Manchester City and Tottenham have been covered in previous series, and now the Gunners will be the focus of upcoming episodes as they try to climb back up from Premier League mid-table mediocrity.

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8Jul By MosesianNo Comments

Sport

Euro 2020: Harry Kane speaks out after sending England to final

  England captain, Harry Kane, has said that he would be the proudest man at Wembley when he walks in the Three Lions legend Bobby Moore’s footsteps by leading Gareth Southgate’s side out in the Euro 2020 final on Saturday against Italy. Kane said this while reacting to his side’s Euro 2020 semi-final 2-1 win over Denmark on Wednesday night. The striker converted his rebound after Kasper Schmeichel saved the initial effort in extra time after the game ended 1-1 after 90 minutes. Recall that Moore memorably lifted the World Cup at Wembley in 1966 – a triumph that remains England’s first and only major trophy. “It’s going to be an amazing occasion [Euro 2020 final] for sure. I am extremely proud of leading them out for any game,” Kane said at his post-match press conf...

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6Jul By Ajiboye IfeoluwaNo Comments

Tech

Jeff Bezos steps down as Amazon CEO

Jeff Bezos has stepped down as the chief executive of Amazon 27 years after he founded the company. The American billionaire, 57, Amazon's biggest shareholder with a stake worth about $180 billion, is being replaced by Andy Jassy, the mastermind behind Amazon’s cloud computing division.   Earlier this year, Mr. Bezos announced his decision to step down in order to be able to focus on initiatives such as his plans for private space travel.   Making his announcement, Mr. Bezos said he wanted to “focus [his] energies and attention on new products and early initiatives” in his new role of executive chair.   “This journey began some 27 years ago. Amazon was only an idea, and it had no name. The question I was asked most frequently at that time was, ‘What’s th...

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26Jun By MosesianNo Comments

News

Amazon and Google under investigation for allowing companies that post fake reviews to remain on their sites and ‘mislead’ customers

Big Tech Companies, Amazon and Google are under investigation over concerns fake five star reviews on their websites could be misleading shoppers to buy from companies. The Competition and Markets Authority who are investigating both companies is also worried that "law-abiding businesses" who sell on Amazon and Google may be losing out to firms using false recommendations. The CMA launched the formal probe after an initial investigation last year examined whether online companies were doing enough to protect consumers as online shopping has soared during the Covid-19 pandemic. The CMA say millions of customers could be misled by companies that generate fake reviews and that the tech giants are not doing enough to quell the menace. "Our worry is that millions of online shopp...

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6Jun By MosesianNo Comments

News

G7 nations reach deal to increase taxing on Google, Amazon, Facebook, Twitter in landmark deal against Big-Tech companies

Tech giants and multinational companies such as Amazon, Google, Facebook will no longer be able to shift profits to low-tax offshore havens, after G7 Nations led by the US and UK agreed on a deal on taxation. The landmark deal agreed on Saturday, June 5, will enable them to squeeze more money out of the corporate giants. Hundreds of billions of dollars could flow into the governments of the Group of Seven (G7) from this new deal after they agreed to back a minimum global corporate tax rate of at least 15%. Facebook in a statement said it expected it would have to pay more tax, in more countries, as a result of the deal. “G7 finance ministers have reached a historic agreement to reform the global tax system to make it fit for the global digital age,” British finance minister...

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25May By Czar Owolabi MarcusNo Comments

Business

Amazon nears deal to buy MGM Studios for nearly $9 billion

Amazon is nearing a deal to acquire MGM Studios, the co-owner of the James Bond franchise and other film and TV series, for between $8.5 billion and $9 billion, according to people familiar with the matter. The deal is expected to be announced as soon as Tuesday. The people asked not to be named because the talks are private. It would mark Amazon’s biggest acquisition since it bought Whole Foods in 2017 for $13.7 billion. The Wall Street Journal reported earlier Monday that the deal could be announced this week. Amazon is interested in acquiring more TV and film content for its Prime Video service as it competes with Netflix, Disney and other streaming video services. MGM is a natural fit for any streaming service because of its plethora of content. MGM, which is a priva...

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21Apr By MosesianNo Comments

News

Amazon to open African Headquarters in South Africa

Amazon, an American multinational technology which focuses on e-commerce, cloud computing, digital streaming and artificial intelligence, has announced that it will be opening its African headquarters in South Africa with a real estate investment of over $279 million (R4 billion). The 15-hectare parcel of land is located at a new development in River Club, a prime section of the Cape Town and it includes two precincts. The first precinct of 60,000sqm will occupy different layers of development; while the second section of 70,000 will hold Amazon headquarters in Africa. Business Tech reported that over 5,000 direct construction jobs and 19,000 indirect jobs are expected to be created due to the move. Cape Town city officials said in a statement; "US retail giant, Amazon, will ...

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7Apr By dthataNo Comments

Entertainment

“Wisekid” Copies Wizkid’s Music, Makes Over ₦30 Million Monthly Since October

An Artist named Wisekid has been making N30 million monthly since October 2020 by copying Wizkid's music on Apple Music & Amazon. He released an album and named it Lasgidi Made, then copied the names of Wizkid's songs & albums. Now he is getting a huge chunk of Wizkid's streams.

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25Feb By MosesianNo Comments

News

Elon Musk Takes Back world’s Richest Man title after Gaining Almost $10 Billion in a day

Billionaire, Elon Musk bounced back strongly to become the world’s richest man after a daily gain of $9.81 billion on Wednesday, February 24. Tesla, Musk's company surged back to $190 billion, after the electric car company’s shares recorded impressive gains of 6.18%, thereby putting the market value of Tesla at $712 billion coupled with the SpaceX he founded completing another funding round, pushing him atop the Bloomberg Billionaires Index for the third time in 2021. The gains pushed Musk past Amazon founder, Jeff Bezos, who is now worth $185 billion and had a few days ago reclaimed the title as the world’s richest person after Tesla shares plunged to record levels. Tesla Inc stocks were on a record buying spree at Wednesday’s trading session, indicating that global investors ar...

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20Oct By BobbyNo Comments

Sport

‘Mourinho is misunderstood’ – Son says Tottenham manager’s ‘winning mentality’ can bring success

 The Portuguese is approaching a year in charge of Spurs and the South Korea international has been impressed by the impact he has made Son Heung-min believes Tottenham manager Jose Mourinho has been misunderstood over the course of his career, and admitted he was 'amazed' when he got the chance to work with one of the game's ultimate winners for the first time last year. Speaking to Goal at an Amazon Prime event to promote the All Or Nothing: Tottenham Hotspur documentary, South Korea international Son insisted Mourinho's reputation for falling out with players has not been in evidence in his first year as Spurs boss. The documentary showed the former Porto, Chelsea, Inter, Real Madrid and Manchester United manager being brutally honest with his players at times, yet Son suggests...

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27Aug By dthataNo Comments

News

Jeff Bezos Becomes The First Person Ever Worth $200 Billion

The world's richest person, Jeff Bezos, is wealthier than he's ever been. Early Wednesday he crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths: With Amazon stock edging up 2% as of Wednesday afternoon, Bezos' net worth is up by $4.9 billion, making the 56-year-old the world's first-ever person to amass a $200 billion fortune. As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion—nearly $90 billion more than the world's second-richest person, Bill Gates, who's currently worth $116.1 billion. Even adjusting for inflation, Forbes believes Bezos' fortune is the largest ever amassed. The person to come closest: Bill Gates, who was the world's first-ever centibillionaire. Near the height of the dot-com...

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18Aug By dthataNo Comments

Business

Richest Man In Asia, Mukesh Ambani Plans To Acquire Several Local Online Retailers As He Races To Compete Against Amazon

Mukesh Ambani, Asia’s richest man, is on a shopping spree as he targets online retailers for acquisition in a bid to compete against Amazon. Ambani spent the early few months of the pandemic raising more than $20 billion by selling stakes in his technology venture. He is now looking to acquire several local online retailers to help expand product offerings as he races to build his e-commerce platform and compete against Jeff Bezos' Amazon.com. Reliance Industries Ltd., Ambani’s oil, retail and telecommunications conglomerate, is in various stages of negotiations to either buy out or purchase stakes in Urban Ladder, an online furniture seller, Zivame, a lingerie maker, and Netmeds, which delivers medicine, people familiar with the matter said, according to Bloomber...

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9Jun By dthataNo Comments

News

NBC Code: Netflix, Amazon, Irokotv, Africa Magic May End Investment In Nigeria Due To The 6th Broadcast Code

Content streaming service providers, Netflix and Amazon, as well as pay television channels, iROKOtv and Africa Magic are considering halting further investments in the Nigerian content industry. The four platforms, Vanguard exclusively gathered, have been forced to consider discontinuation of investments in Nigeria because of the 6th Broadcast Code recently released by the National Broadcasting Commission (NBC). Creative and broadcasting industry sources disclosed that four platforms, which have invested enormously in local content production that are exclusive to them, are convinced that the new broadcast code is a huge threat to their investments, as it seeks to end exclusivity to broadcast properties and compel re-sale or sub-licensing to other broadcasters, including direct ...

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7Jun By dthataNo Comments

Politics

Nigerian Government To Tax Netflix, Facebook, Twitter, Others

The Federal Government plans to tax foreign digital service providers offering services to Nigerians and earning revenue in naira. Some of these service providers which are video streaming sites, social media platforms, and companies that offer downloads of digital contents are expected to pay digital tax to the Federal Inland Revenue Service. The Minister of Finance, Zainab Ahmed, had issued the Companies Income Tax (Significant Economic Presence) Order, 2020 as an amendment of the Finance Act 2019. The order aimed to impose tax on a foreign entity with respect to certain services or digital transactions if it had a Significant Economic Presence in Nigeria. It further stated that the finance minister may by order, determine what constituted SEP in Nigeria. Netflix, Face...

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16Apr By dthataNo Comments

Business, News

Amazon Staffs To Continue Receiving Salaries As They Shutdown 6 French Warehouses Over COVID-19 Worries

Amazon has ordered the temporary closure of all six of its French distribution centres, one day after a French court ruled it was not doing enough to protect its workers in the country amid the coronavirus pandemic. The online giant said in a statement that “this week, we are requesting employees of our distribution centres to stay at home. In the longer term, we will evaluate the impact of that [court] decision for them and our French logistic network”. Amazon’s French warehouses are to be shut down for five days from Thursday to carry out a deep clean and to “take all the necessary measures to guarantee the health and safety of staff”, the company said.

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13Apr By BobbyNo Comments

News

Amazon fills 100,000 jobs, will add 75,000 more

Amazon said Monday it had filled the 100,000 US jobs it promised a month ago to meet demands from the coronavirus outbreak and was ready to take on 75,000 more.The announcement by the technology and retail colossus highlighted surging demand for online commerce with the pandemic forcing people to shelter in place. Amazon’s hiring spree, which is being mirrored by other firms in the food and retail sectors, comes amid news that US unemployment claims surged by some 17 million over the past month. “Today, we are proud to announce that our original 100,000 jobs pledge is filled and those new employees are working at sites across the US helping to serve customers,” Amazon said in a blog post. “We continue to see increased demand as our teams support their communities, and are going to...

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19Jan By BobbyNo Comments

News

Tech giant Alphabet hits trillion dollar valuation

Alphabet on Thursday became the fourth company in the world to reach a $1 trillion market value. Shares of the Silicon Valley-based parent of Google on Thursday rose 0.8 percent to $1,450.16, giving it a market capitalization of just over $1 trillion for the first time. Alphabet — whose Google unit was founded in 1998 out of a garage in Menlo Park, Calif., by Larry Page and Sergey Brin — joins the trillion-dollar club with fellow tech juggernauts Apple, Microsoft, and Amazon, all of which have reached the 12-zero milestone over the past two years. Apple is currently the world’s most valuable company with a market cap of $1.4 trillion. Microsoft is valued at $1.3 trillion, while Amazon has recently slipped to $931 billion. The achievement comes six weeks after Page and Brin said...

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1Nov By Czar Owolabi MarcusNo Comments

Celebs

Heidi Klum beats her previous record as she reveals her gory Halloween costume after 13 hours of prosthetics

Heidi Klum, known for being the queen of Halloween, has beaten her previous records with her 2019 Halloween costume. The actress spent 13 hours getting ready for the 20th anniversary of her spooky Halloween bash in New York City. Heidi teamed up with Amazon to let her fans watch her get ready through the company’s shop window, in New York, ahead of the scary evening. After 13 hours of prosthetics, she transformed into an alien, seemingly inspired by  Frankenstein and the alien movie Species. The star was accompanied by her husband Tom Kaulitz, who dressed as an astronaut who seemed to have had a rather violent death. This year’s party was held at the Moxy Hotel in New York City, with Heidi marking the 20th anniversary of her Halloween bash with a cake that featured figurines ...

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28Oct By Czar Owolabi MarcusNo Comments

News

Jeff Bezos reclaims ‘World’s Richest Man’ title after losing it to Bill Gates

Jeff Bezos suffered a drop in his vast net worth on Thursday after Amazon stock tumbled more than 7% on disappointing third-quarter financial results. The stock rout, largely driven by Amazon’s first quarterly profit decline in two years and a weak revenue guidance, translated to a $9 billion loss on paper in Bezos’ personal account. Although it wasn’t a huge write-off compared to Bezos’ $100 billion-plus total worth, it was just enough to knock him off the champion’s podium as the world’s richest person. After the stock tumble Thursday afternoon, Bezos’ net worth stood at $103.9 billion, about $2 billion less than that of Bill Gates, who became the world’s richest person again—after losing the title to Bezos two years ago. The new order didn’t last long, however. Amazon shares...

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12Jul By dthataNo Comments

News

France Imposes Digital Tax On Google, Apple, Facebook, Amazon

The French Parliament on Thursday adopted, by a final vote of the Senate, the introduction of a tax on `GAFA’, making France one of the first countries to impose a tax on digital giants. The GAFA tax refers to an acronym for Google, Apple, Facebook and Amazon. The digital tax is endorsed by the opposition-controlled upper house, paving the way to the eurozone second largest power to unilaterally tax internet giants by three per cent on much of their digital sales in France. This is related to advertising, websites and the resale of private data. The tax was initially adopted by the National Assembly, the lower house of parliament, on July 4. GAFA targets digital companies with global annual sales of more than 750 million euros ($845.6 million) and sales in France of at l...

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9Jul By dthataNo Comments

News

Amazon Beats Apple And Google To Become The World’s Most Valuable Brand

Amazon has overtaken Google and Apple to become the world’s most valuable brand at $315.5 billion, according to the BrandZ Top 100 Most Valuable Global Brand ranking 2019. Technology companies have always dominated the list, with Microsoft taking the top spot when BrandZ began in 2006. This year, Alibaba overtook Tencent to become the most valuable Chinese brand. ⠀ Tech, finance and retail brands dominate the overall ranking, making up more than two-thirds of its value, while luxury is the fastest-growing category.⠀ To qualify for the ranking, brands must be publicly traded, or publish their financial results. BrandZ’s list combines measures of brand equity based on interviews with more than 3 million consumers about thousands of brands, with analysis of each company’s business an...

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25May By dthataNo Comments

Uncategorized

Amazon Offers $25 Gift Cards For 3D Entire Body Scan

 Amazon is offering users $25 gift cards in exchange for its 3D Scanner to scan your entire body, Techmachos Reports. The Ecommerce giant is conducting a study at its office as part of a test that seeks to 'learn about diversity among body shapes,' according to a listing, which was first spotted by Mashable. Participants who set up a 30-minute appointment will be asked to take a survey and agree to have 3D scans, photos and videos taken of them. The move comes as Amazon has faced privacy concerns around its collection of data from Echo devices, as well as the deployment of its controversial facial recognition software. Scans will be taken in both their 'everyday clothing,' as well as 'form-fitting' garments, which for women might include a bikini or form-fitting shorts and a ...

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14May By Czar Owolabi MarcusNo Comments

News

Amazon offers to pay employees $10,000 to quit their jobs

Amazon, which is racing to deliver packages faster, is turning to its employees with a proposition: Quit your job and we'll help you start a business delivering Amazon packages. The offer, announced Monday, comes as Amazon seeks to speed up its shipping time from two days to one for its Prime members. The company sees the new incentive as a way to get more packages delivered to shoppers' doorsteps faster. Amazon says it will cover up to $10,000 in startup costs for employees who are accepted into the program and leave their jobs. The company says it will also pay them three months' worth of their salary. The offer is open to most part-time and full-time Amazon employees, including warehouse workers who pack and ship orders. Whole Foods employees are not eligible to receive the new...

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5Apr By BobbyNo Comments

Celebs

Jeff Bezos and MacKenzie Settle Divorce

Jeff Bezos, the world’s richest man, has reached a divorce settlement with his wife, MacKenzie, which leaves her a 4% stake in Amazon. Jeff, 55, will keep 75 percent of their Amazon stocks, leaving MacKenzie, 48, with just a quarter which represents a four percent stake in the company worth around $32billion at current value. According to Daily Mail, Jeff’s 12 percent stake is now worth around $100billion which allows him to retain his title as the richest man in the world because he still has $4billion more than Bill Gates. He will also take voting control of her remaining quarter and has been given her stock in The Washington Post and Blue Origin. The pair announced the details in tweets on Thursday afternoon. But there was no mention of how they will divide their sprawling ...

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4Apr By dthataNo Comments

News

Jeff Bezoz Gives Wife A Share Of Amazon To Settle Divorce

World's richest man, Jeff Bezos and his wife MacKenzie have officially ended their 25 years marriage after settling their divorce. Jeff, 55, will keep 75 percent of their Amazonstocks, leaving MacKenzie, 48, with just a quarter which represents a four percent stake in the company worth around $32billion at current value. According to Daily Mail, Jeff's 12 percent stake is now worth around $100billion which allows him to retain his title as the richest man in the world because he still has $4billion more than Bill Gates. He will also take voting control of her remaining quarter and has been given her stock in The Washington Post and Blue Origin. The pair announced the details in tweets on Thursday afternoon. But there was no mention of how they will divide their sprawling prope...

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2Apr By dthataNo Comments

News

Amazon Was Caught Selling Gagged Sex Doll

Amazon has been caught selling a gagged sex doll, which appears to be positioned in a rape posture. The £61 doll, which some people claimed looked like a child, was removed from the site following a complaint that it was "nauseating" and being sold for "male sexual abuse". Photos show the “adult toy” with its hands tied around its back and a gag over its mouth.The doll was described as being "flexible" and “safe and easy to clean”. Buyers were advised not to “worry about twisting or tearing" the doll when using it. The woman who made the complaint, who wishes to remain anonymous, told Amazon on social media they were selling “a sex doll of a child, tied at her ankles, wrists, chest and gagged. "A child, depicted as helpless and terrified in a corner. Sold for male sexual...

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4Jan By dthataNo Comments

News

Apple Loses $57 Billion , Drops To 4th Most Valuable Company In The World

Apple just lost $57 billion in the stock market and dropped to the fourth most valuable company. Apple's Falling Stocks Their products are simply over priced, It costs basically around $300 to build an iPhone and they sell it at above $1000 while there are phones with better features that cost less. I bet Steve Jobs (God bless his soul) wouldn't allow this unacceptable overpricing. Apple stock initially opened on Thursday at $144 which was around a $14 drop from its already plummeting price when the markets closed on Wednesday. Now, their stock is at its lowest price in almost 2 years . The current stock price pushes the Cupertino Company down to the fourth most valuable company behind Microsoft, Amazon and Google. Their current market value now sits at about $57 billion les...

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29Nov By BobbyNo Comments

Lifestyle

Steven Gerrard Launches SGG Clothing Line

Player, manager, documentary star… fashionista? Not many would have seen this one coming when the former Liverpool captain hung up his boots, but what we're looking at here is SSG apparel, a signature clothing line from one Steven George Gerrard. Stevie G certainly hasn’t been sitting around since he stopped playing. In between managing Rangers and launching his own documentary titled ‘Make Us Dream’, which debuted on Amazon recently, Gerrard has been working on another side project of launching his own fashion label, with his debut collection set to drop on November 30.     View this post on Instagram   Premium menswear inspired by the style of @stevengerrard. #SGGApparel // Launches 12:00...

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8Jul By BobbyNo Comments

News

Mark Zuckerberg Becomes Third Richest Man In The World

Facebook founder, Mark Zuckerberg is now the third richest man in the world, overtaking Warren Buffett on Bloomberg’s list of the world’s richest people. Zuckerberg passed Buffett on Friday as Facebook shares rose 2.4 percent, Bloomberg reported. Above Zuckerberg was Amazon CEO Jeff Bezos, in the No. 1 spot, and Microsoft co-founder Bill Gates.  The daily rankings of the world’s 500 richest people listed in the Bloomberg Billionaires Index showed the top 3 remained the same on Saturday. Zuckerberg is now worth $81.6 billion, nearly $400 million more than Buffett, chairman of the Berkshire Hathaway investment group. Zuckerberg’s California-based social network business has more than 2 billion active monthly users. The company’s stock has reached a record high despite ongoing sc...

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29Mar By Czar Owolabi MarcusNo Comments

News

President Trump Comes For Amazon

Amazon could be in trouble as the American president seems not to be happy with the company. President Donald Trump took to Twitter to hit at Amazon for not paying taxes and putting thousands of retailers out of business.

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22Jan By ZIHONo Comments

News

Facebook To Open Digital Training Hubs In Europe

Facebook said on Monday it would open three new centres in Europe to train people in digital skills. The social media giant said it was committed to training one million people over the next two years as part of its drive to show its contribution to the bloc. The U.S. company – which has faced regulatory pressure in Europe over issues ranging from privacy to antitrust – said it would open three “community skills hubs” in Spain, Poland and Italy. It said it would also invest 10 million euros (12.2 million dollars) in France through its artificial intelligence research facility. “People are worried that the digital revolution is leaving people behind and we want to make sure that we’re investing in digital skills to get people the skills they need to fully participate in the digi...

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12Jan By ZIHONo Comments

News

New Security Flaw Could Affect Millions Of Laptops – Experts

A new security flaw has been found in Intel hardware which could enable hackers to access corporate laptops remotely, Finnish cybersecurity specialist F-Secure said on Friday. F-Secure said in a statement that the flaw had nothing to do with the “Spectre” and “Meltdown” vulnerabilities recently found in the micro-chips that are used in almost all computers, tablets and smartphones today. Rather, it was an issue within Intel Active Management Technology (AMT), “which is commonly found in most corporate laptops, (and) allows an attacker to take complete control over a user’s device in a matter of seconds,” the cybersecurity firm said. “The issue potentially affects millions of laptops globally.” The flaw was of “an almost shocking simplicity, but its destructive potential is unbe...

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10Jan By Czar Owolabi MarcusNo Comments

News

Amazon Founder Jeff Bezos Becomes The Richest Person In The World

Amazon founder Jeff Bezos is now the richest person in the world. The 53-year-old CEO has passed Bill Gates to become the richest person in history. Bezos made $6.1 billion in just five trading days in 2018 and is now worth $105 billion, according to the Bloomberg Billionaires Index. His net worth reached $105.1 billion on Monday eclipsing the record previously held by Microsoft founder Bill Gates. A rise in Amazon’s share price made the New Mexico-born businessman richer by $1.4 billion on Monday, reports said. This means that in five days, he earned more than most Americans would in 5 lifetimes. The rise in Bezos’ fortune makes him worth more than Microsoft founder Bill Gates was ever worth, Bloomberg reports. The net worth of Bezos continues to grow as shares of the online retail ...

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3Jan By raymonNo Comments

News

TECH Report As German Antitrust Authorities Prepare Sanctions Against Facebook

Federal Cartel Office (Bundeskartellamt) in Germany is preparing possible sanctions against U.S. social media giant Facebook, the newspaper “Rheinische Post”, reported on Tuesday. The national competition watchdog is accusing Facebook of indiscriminately collecting and using data from German users without their knowledge or consent. “We criticise the fashion in which the company collects and uses personal data as a potential abuse of market power,” Andreas Mundt, President of the Federal Cartel Office, told “Rheinische Post”. According to Mundt, users’ data were systematically collected by Facebook from its own website, as well as from nominal third sources such as Instagram and Whatsapp, without letting them be aware of the practice and thus have an opportunity to object. The ...

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18Dec By ZIHONo Comments

News

France Wants Amazon Fined For Abusing Dominant Position

The French government has filed a complaint with the Paris Commerce Court against e-commerce company Amazon for abusing its dominant position with some suppliers, newspaper Le Parsien said on Monday. Under the complaint, which follows a two-year investigation by the DGCCRF consumer fraud watchdog, the Economy Ministry is seeking a fine of 10 million euros ($11.8 million) against Amazon, the newspaper said. “The platform imposes unbalanced relations to its vendors,” DGCCRF official Loic Tanguy told Le Parisien. Amazon can for instance unilaterally change contract terms or even suspend contracts it has with the more than 10,000 French companies using its platform to sell their goods, the newspaper said. An Economy Ministry official confirmed a complaint had been filed against Ama...

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9Nov By raymonNo Comments

Celebs

Jeffrey Tambor “Adamantly And Vehemently” Denies Sexual Harassment Allegations

Earlier today Deadline reported that Transparent actor Jeffrey Tambor was being investigated by Amazon Studios, after Tambor’s former assistant Van Barnes allegedly accused the 73-year-old actor in a private Facebook post of being inappropriate. However, the Emmy, Golden Globe and SAG-winning actor has come out to say that all and any allegations are "baseless." "I am aware that a former disgruntled assistant of mine has made a private post implying that I had acted in an improper manner toward her," said the actor in a statement given by his rep, Leslie Siebert, to KNBC. The statement continued, "I adamantly and vehemently reject and deny any and all implication and allegation that I have ever engaged in any improper behavior toward this person or any other person I have ever worked wi...

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18Oct By Czar Owolabi MarcusNo Comments

Lifestyle

Head Of Amazon Studios Resigns After Harassment Charge

Amazon Studios says it has accepted the resignation of its top executive, Roy Price, following sexual harassment allegations made by a producer on the Amazon series Man in the High Castle. Price was put on leave last week and had not been expected to return. An Amazon spokesman confirmed the resignation Tuesday. Albert Cheng, who had been Amazon's COO, will be the interim chief. The accusations against Price came in the wake of the Harvey Weinstein scandal that is roiling Hollywood. Producer Isa Hackett charged in an account published in The Hollywood Reporter that Price had repeatedly and crudely propositioned her following a 2015 event in San Diego. Hackett said in a statement on Tuesday that she was pleased that Amazon had taken steps to address the issue. "An important conver...

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5Oct By raymonNo Comments

Sport

Facebook Boss Tries But Fails To Cool Premier League Rights Bid Talk

The English top flight's next three-year set of domestic and international broadcast deals are due to be auctioned next year. Some experts believe it is only a matter of time before Facebook, Amazon and other deep-pocketed digital businesses decide to take on the likes of BT and Sky Sports. When asked in London if Facebook would bid, Dan Reed said: 'The Premier League is a very important partner of ours and we work with them very closely. 'But it would be premature to speculate how we might approach that opportunity - it's still very early days and there is no template for this.' Asked if this meant he was not ruling out a bid, Reed said: 'That speaks for itself.' Launched in 2004, Facebook has become the world's most popular social media platform and earned more than £20billion last ...

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26Aug By Czar Owolabi MarcusNo Comments

News

Amazon Primes Whole Foods For More Visitors

Jeff Bezos is about to one-up your grocery store loyalty program. Today, millions of consumers get lower prices and other perks in exchange for favoring one store chain over another. Starting Monday, Amazon.com Inc. will lavish its most loyal customers with similar benefits and more when they shop at Whole Foods Market Inc., the high-end grocery chain it’s buying for $13.7 billion. People who already pay $99 for Amazon Prime’s free shipping, streaming music and video will have another reason to renew each year: cheaper organic avocados, eggs and chicken. Tying Prime membership to grocery buying habits plays squarely into Amazon’s strategy of selling all things to all people. While likely boosting Prime’s membership rolls, it could also induce a broader range of customers to sto...

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18Aug By Czar Owolabi MarcusNo Comments

Uncategorized

DSS’ Attempt To Arrest Reno Omokri At Nnamdi Azikiwe Airport Fails

The Department of State Services, DSS, Thursday, allegedly bared its fangs when it attempted to arrest bestselling author and former aide to Ex-President Goodluck Jonathan, Pastor Reno Omokri who is equally the author of the Amazon #1bestselling book, Facts Versus Fiction: The True Story of the Jonathan Years: Chibok, 2015 and Other Conspiracies today at the Nnamdi Azikiwe International Airport, Vanguard has learnt. His distributor who confirmed the development to Vanguard through electronic mail said the US based Nigerian publisher had sent a consignment of the book, Facts Versus Fiction, to Nigeria to meet sales but when he who bears a striking resemblance with Omokri got to the airport to pick the cargo, he was accosted by a customs agent who began interrogating him until a DSS agent...

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9Aug By Czar Owolabi MarcusNo Comments

News

Disney To Ditch Netflix In Favor Of Its Own Video-Streaming Service

Disney will stop providing new movies to Netflix starting in 2019 and launch its own streaming service as the world’s biggest entertainment company tries to capture digital viewers who are dumping traditional television. Disney’s defection, announced on Tuesday alongside quarterly results showing continued pressure on sports network ESPN, is a calculated gamble that the company can generate more profit in the long run from its own subscription service rather than renting out its movies to services like Netflix. In turn, Netflix and rivals such as Amazon and HBO are spending billions of dollars to buy and produce their own content and stream it straight to consumers. Disney’s entry into a crowded subscription streaming market and the cost of technology to support its own online ser...

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1Aug By Czar Owolabi MarcusNo Comments

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Putin Richer Than Gates, Bezos Combined – US Financier

The claim of Microsoft co-founder, Bill Gates, and Amazon’s owner, Jeff Bezos, to being the world richest person is false. This is according to US Financier and the chief executive officer of Hermitage Capital Management, Bill Browder, who claimed Russian leader, Vladimir Putin, is the world wealthiest. Browder reportedly told senators that Putin is richer than both Bezos and Gates combined. According to Newsweek, Browder estimated Putin’s net worth at $200bn, while Bezos and Bill are worth a combined $183bn. Newsweek said that Browder’s company was once the largest portfolio investor in Russia and the financier was a shareholder in Gazprom, Surgutneftegas and other Russian state-run enterprises in the 1990s. Around that time Putin reportedly made a deal with Russian busines...

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28Jul By Czar Owolabi MarcusNo Comments

News

Bill Gates Dethrones Amazon Boss Jeff Bezos Hours After Becoming World’s Richest Person

Amazon founder and CEO Jeff Bezos became the richest man in the worldon Thursday morning, when a sudden surge in Amazon stock made him $1.5 billion overnight. His fortune grew to over $90 billion that day. For several hours, Bezos was the richest person on earth, surpassing Microsoft founder Bill Gates. He lost the title later in the day when Amazon’s stock dropped, returning him to second place, with a net worth just below $90 billion. Bill Gates is back to being the world’s richest man. Bill Gates has been top on the list for 18 out of the 23 years the Forbes Richest list was initiated.

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27Jul By Czar Owolabi MarcusNo Comments

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Jeff Bezos Overtakes Bill Gates To Become World’s Richest Man

Amazon CEO Jeff Bezos has overtaken Bill Gates and is now the richest person in the world, with a fortune topping $90 billion for the first time ever. When markets opened on Thursday, Bezos had a net worth of $90.6 billion, putting him $500 million ahead of Microsoft founder Bill Gates. Amazon stock opened up 1.6% on Thursday, adding $1.4 billion to Bezos’ net worth. That was enough to put him ahead of Gates, who was last surpassed on Forbes’ real-time rankings for just two days nearly a year ago by Spanish retail giant Amancio Ortega. Forbes started tracking billionaires around the globe in 1987. Bezos is now the seventh person to hold the title of the world’s richest person and the third American to top the global ranks besides Gates and Berkshire Hathaway CEO Warren Buffett. Wh...

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22Jul By Czar Owolabi MarcusNo Comments

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Activists Decry Temer’s Amazon Deforestation Bill

The government of embattled Brazilian President Michel Temer has sent a proposed bill to the National Congress that environmentalists fear would reduce protected forest areas in the Amazon. If passed, the bill would see preservation areas of the Jamanxim National Forest in the Amazonian state of Para cut by 27 percent, about 350,000 hectares, an area roughly the size of Portugal. Critics say that land grabbers illegally occupying forest land stand to benefit the most. The bill comes as Temer is expected to face a vote in Congress on August 2 that could see him suspended and face trial at the country’s Supreme Court for corruption. Critics see the bill as a way for the scandal-plagued president to shore up vital support from the country’s powerful agriculture caucus. “This pr...

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1Jul By Czar Owolabi Marcus1 Comment

Fashion

Amazon will let customers try on clothes before they buy

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21Jun By Czar Owolabi Marcus2 Comments

News

Mark Zuckerberg Snubs White House’ Invitation

President Trump is asking the CEOs of the world’s largest tech companies for help in modernizing the American government system. Huge names like Many executives, like Apple, Google, and Amazon, are on board while Facebook did not even show up. Leaders in the tech space arrived at the White House, Monday, marking the beginning of a week-long talks about the state of the American government infrastructure and how tech policies such as cyber security, talent recruitment, and government affected them. Mashable reports that the entire meeting with President Trump seemed to be for show with leaders bringing up issues that pertained to their operations and the President responding without any assurances that there will be change. During the event, Trump said, “Today many of our agencies rely o...

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4Apr By Czar Owolabi MarcusNo Comments

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Man Ordered A Tank Top On Amazon, But See What He Got Instaed

He ordered for a Tank Top on Amazon, but what was delivered to him was a female dress...lol.. See images below

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