Apple design chief Jony Ive, Steve Jobs’ confidant, to leave and start own firm
Businessam StaffJune 28, 2019
Jony Ive, a close creative collaborator with Apple Inc co-founder Steve Jobs whose iPhone and other designs fueled Apple’s rise to a $1 trillion company, will leave later this year to form an independent design company. Apple said Ive will continue work on its products at his new venture, but shares fell as much as […]
$1.3bn Tax Assessment: witness’ absence stalls trial in MTN suit against AGF
Businessam StaffJune 26, 2019
A Federal High Court in Lagos on Wednesday adjourned until October 29 hearing in a suit filed by MTN Nigeria Communication Ltd against the Attorney-General of the Federation over N242 billion and $1.3 billion import duties and withholding tax assessments. Agency reports disclosed that MTN instituted the suit by a writ, dated September 10, 2018, […]
Google faces privacy complaints in European countries
Businessam StaffJune 4, 2019
Google’s privacy woes are set to increase after campaigners on Tuesday filed complaints to data protection regulators in France, Germany and seven other EU countries over the way it deals with data in online advertising. The criticism mirrored a complaint filed by privacy-focused web browser Brave in Ireland and Britain which triggered an investigation by […]
Japan’s Sharp eyes return to U.S. TV market, regains brand license
Businessam StaffMay 8, 2019
Sharp Corp, on Wednesday, said it would re-enter the U.S. TV market later this year, adding that it had effectively regained the license for its own TV brand sold to China’s Hisense Group four years ago. The move is part of Sharp’s growth strategy after a dramatic turnaround at the Osaka-based firm since it was […]
Huawei jumps ahead of Apple in tough smartphone market
Businessam StaffMay 1, 2019
China-based Huawei outsold Apple’s iPhones in the first quarter of this year, seizing the California company’s second place spot in a tightening smartphone market dominated by Samsung, a tracker said Tuesday. A total of 310.8 million smartphones were shipped globally during the first three months of this year in a 6.6 percent decline from the […]
Doctorcare247 launches telehealth platform to deliver convenient healthcare services
Adesola AfolabiApril 24, 2019
Doctorcare247, an organisation that provides online medical and specialist healthcare diagnoses to patients, on Wednesday, launched it’s telehealth platform to aid the delivery of healthcare services to patients at their convenience. Speaking at the media launch of the service, the CEO, Chucks Chibundu, said Doctorcare247 could help change the landscape of healthcare in Nigeria, especially as patients […]
China shifts position on tech transfers, trade talks progress – U.S. officials
Businessam StaffMarch 28, 2019
China has made proposals in talks with the United States on a range of issues that go further than it has before, including on forced technology transfer, as the two sides work to overcome obstacles to a deal to end their protracted trade war, U.S. officials told Reuters on Wednesday. U.S. President Donald Trump imposed […]
U.S. transport chief asks why some Boeing safety features not included
Businessam StaffMarch 27, 2019
U.S. Transportation Secretary Elaine Chao said on Wednesday it was “very questionable” why some safety features were not required on the Boeing Co 737 MAX, ahead of a much-anticipated Senate hearing where leaders in her department will be questioned about two recent 737 MAX crashes. Chao stopped short of saying the government would require retrofitting […]
Major Malta bank suspends operations after cyber attack alert
Businessam StaffFebruary 13, 2019
Bank of Valletta, which accounts for almost half of Malta’s banking transactions, shut down all of its operations on Wednesday after detecting a cyber attack, the company said. The bank said it had closed its branches and ATMs on the small Mediterranean island after realizing hackers were trying to access its systems. Its website was […]
Snap shares hit by second CFO exit in a year
Businessam StaffJanuary 16, 2019
Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign. Stone joined the owner of Snapchat last May after spending two decades with Amazon.com Inc, replacing Andrew Vollero, who was responsible for taking […]