Google set to launch privacy tools to limit online tracking
Businessam Staff
May 6, 2019
Alphabet Inc’s Google is set to roll out a dashboard-like function in its Chrome browser to offer users more control in fending off tracking cookies, the Wall Street Journal reported on Monday, citing people familiar with the matter. Cookies are small text files that follow internet users and are used by advertisers to target consumers […]
Canada watchdog to seek court order to force Facebook to follow privacy laws
Businessam StaffApril 25, 2019
Facebook Inc broke Canadian privacy laws when it collected the information of some 600,000 citizens, a top watchdog said on Thursday, pledging to seek a court order to force the social media giant to change its practices. Privacy Commissioner Daniel Therrien made his comments while releasing the results of an investigation, opened a year ago, […]
Samsung postpones China launch event for its foldable phone amid reports of screen issues
Businessam StaffApril 22, 2019
Samsung is postponing its China launch event for its foldable smartphone just days after reports of defective screens on the nearly $2,000 device. The South Korean electronics giant had scheduled an event in Shanghai for April 24 to launch the Samsung Galaxy Fold. A spokesperson confirmed that had been canceled but had no official statement […]
EU plans retaliation in aircraft dispute with the U.S.
Businessam StaffApril 9, 2019
By Oluwaseun Afolabi, with agency report The European Union has begun preparations to retaliate over Boeing subsidies, an EU official said on Tuesday, a day after Washington listed EU products it plans to hit with tariffs in their aircraft dispute. The U.S. Trade Representative here on Monday proposed a range of EU products ranging from large commercial […]
Japan sets sights on tighter anti-trust regulations for Big Tech
Businessam StaffFebruary 13, 2019
Japan’s government plans to set up a new watchdog to scrutinize big tech companies like Facebook and Google amid growing concerns about monopoly practices and the handling of personal data. The new regulator will examine competitive practices, the protection of personal data, and make anti-trust recommendations, according to a presentation made at a government advisory […]
Zinox chief says Nollywood is Africa’s biggest wealth creator
Justice OkamgbaSeptember 5, 2018
Leo Stan Ekeh, a serial digital entrepreneur and chairman of Zinox Group, has identified the Nigerian movie industry, better known as Nollywood, as the next biggest wealth creator in Africa. According to a statement made available to business a.m., Ekeh is quoted to have made the declaration at the 6th edition of the Africa Magic […]
Mixed reactions trail MultiChoice’s appeal against ruling on stay of action on fee hike
Justice OkamgbaSeptember 3, 2018
Industry analysts and players have reacted differently to the move by MultiChoice Nigeria, owners of DStv and GOtv, to appeal against a federal high court’s interim order for it to stay action on hike of its subscription fees. Some analysts say the current business realities and the complexities of running a business in Nigeria may […]
Is Internet access making university education irrelevant?
Justice OkamgbaAugust 30, 2018
The Internet is tipped as one of the greatest innovation in the history of mankind due to the ubiquitous access to information it provides at little or no cost. Many individuals across the globe are beginning to question the significance of acquiring a degree since the knowledge and information could be easily accessed from the […]
AgroNigeria to spend N350m on movies, TV series in partnership with Nollywood making agric attractive to youths
Temitayo AyetotoAugust 29, 2018
AgroNigeria, an agro-business firm is set to expend N350 million in partnership with Nollywood entertainment and the creative industry to produce movies and television series to upscale youth attraction to agriculture. Richard-Mark Mbaram, the chief executive officer (CEO), at a conference on Wednesday said the creative industry is an effective instrument to increase youth awareness […]
Viacom reports 3.7% drop in quarterly revenue
Businessam StaffAugust 9, 2018
Viacom Inc., an American multinational media conglomerate with interests primarily in film and television, reported a 3.7 percent fall in quarterly revenue on Thursday due to a drop in domestic advertising sales and fees it collects from cable TV operators. Net income attributable to Viacom, which is exploring a merger with CBS Corp, fell to […]