Amazon becomes most valuable company, inching past Microsoft, Apple
Amazon.com Inc. surpassed Microsoft Corp. to become the world’s largest public company on Monday, in the latest example of the list of Wall Street’s biggest names being reordered. Shares of the e-commerce company rose 3.4 percent, a rally that gave it a market capitalization of $797 billion, according to Bloomberg data. While this is down…
Amazon Aims To Make Alexa Assistant Bigger Part Of Users' Lives
From the kitchen to the car, Amazon on Thursday sought to make its Alexa digital assistant and online services a bigger part of people's lives with an array of new products and partnerships. Updates to the internet giant's Alexa-infused Echo smart speakers will allow them to tend to microwave cooking and even have "hunches" regarding…
Nigerian IT firms may take 30 years to hit $1trn valuation
Aspirations of Nigerian firms, cum Africa, especially those in the technology space to hit the $1 trillion market valuation like Apple and Amazon, may not happen until 2050. This is the submission of industry experts, who spoke with The Guardian. To them, the fundamentals in the country have not shown anything promising, but more or…
EY wants digital revolution to address four major issues
Most companies across the globe are in the process of defining or executing a digital transformation in response to what has been tagged ‘fifth industrial revolution’ which is expected to significantly change the way we live, work and interact with one another. This technology- driven revolution is projected to be faster, more scalable and adopted…
Walmart, Microsoft team up to take on Amazon
Walmart said Tuesday it was entering into a strategic partnership with Microsoft on "digital transformation" for the onetime retail industry leader.
Trump assails Amazon on taxes, retail competition
US President Donald Trump took aim Wednesday at Amazon, claiming the US online giant pays too little in taxes and hurts other retailers.
EU aims to tax internet giants at 'two to six percent
The EU will soon unveil a plan for taxing major internet companies like Amazon and Facebook by imposing a levy of two to six percent on revenues in every country where they operate, French finance minister Bruno Le Maire said Sunday. "The range will be from two to six percent; but closer to two than…
Amazon posts largest profit in its history on sales, tax boost
Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line.
Google pulls YouTube from Amazon devices, escalating spat
Rare public spat in the technology industry escalated when Google said it would block its video streaming application YouTube from two Amazon.com Inc devices.
Check Point names most wanted malwares in Nigeria
Check Point Nigeria has identified three major most wanted malware in Nigeria, they include Roughted, Ramnit and Locky.