Amazon opens ‘Instant Pickup’ points in US brick-and-mortar push
Businessam Staff
August 15, 2017
Amazon is rolling out pickup points in the United States where shoppers can retrieve items immediately after ordering them, shortening delivery times from hours to minutes, the company said on Tuesday. The world’s largest online retailer has launched ‘Instant Pickup’ points around five college campuses, such as the University of California at Berkeley, it said. Amazon […]
GoDaddy expels neo-Nazi site over article on Charlottesville victim
Businessam StaffAugust 14, 2017
Violence broke out in Charlottesville, Virginia, after white supremacists organised a controversial far-right march called “Unite the Right”. Web hosting company GoDaddy has given a US neo-Nazi site 24 hours to find another provider after it disparaged a woman who died in protests in Virginia. The Daily Stormer published a piece denigrating Heather Heyer, who […]
Snap shares hit record low as user growth miss unnerves investors
Businessam StaffAugust 11, 2017
Snap Inc’s shares fell more than 14 percent to hit a record low on Friday morning after messaging app Snapchat’s daily active user growth missed expectations for the second quarter in a row. Snapchat’s second-quarter daily active users rose 21 percent to 173 million from a year earlier, falling short of the 175.2 million expected […]
Google fires author of divisive memo on gender differences
Businessam StaffAugust 8, 2017
Alphabet Inc.’s Google has fired an employee who wrote an internal memo blasting the web company’s diversity policies, creating a firestorm across Silicon Valley. James Damore, the Google engineer who wrote the note, confirmed his dismissal in an email, saying that he had been fired for “perpetuating gender stereotypes.” He said he’s “currently exploring all […]
Amazon is hiring a bunch of sales people at a faster pace
Businessam StaffAugust 4, 2017
Amazon had a massive jobs fair on Wednesday to fill 50,000 positions across its warehouse facilities. Those jobs account for the vast majority of Amazon’s 380,000 employees. But the fastest-growing part of Amazon’s workforce has nothing to do with stocking and packing products. Sales jobs at the company’s cloud and advertising businesses are growing at a […]
Thaicom signs telecom service deal with iSAT Africa
Businessam StaffAugust 3, 2017
One of Asia’s leading satellite operators and provider of integrated satellite communications services, Thaicom Public Company Limited, announced signing an agreement with iSAT Africa Ltd FZC, a leading African telecommunications provider and a subsidiary of Wananchi Group Holdings, to provide iSATs key customer in East Africa with fully managed satellite telecommunications services including satellite backup […]
Apple CEO Tim Cook defends decision to remove VPN apps in China
Businessam StaffAugust 2, 2017
Apple CEO Tim Cook defended the iPhone maker’s decision last weekend to remove several virtual private network (VPN) services from the local App Store in China — a move that was slammed by multiple VPN service providers and observers online. In Tuesday’s earnings call, Cook reiterated that Apple removed the apps because they did not […]
Apple shares sail to record high on healthy iPhone sales
Businessam StaffAugust 2, 2017
Apple Inc on Tuesday delivered surprisingly strong fiscal third-quarter earnings and signalled that its upcoming 10th-anniversary phone lineup is on schedule, driving the stock up 6 percent to an all-time high in after-hours trading. The stock climbed above its intraday record high to $159.10 after the company reported better-than-expected iPhone sales, revenue, and earnings per […]
Apple, Google drop trading Apps after Australian intervention
Businessam StaffAugust 1, 2017
Apple Inc. and Google have removed over 300 so-called binary trading applications from their online stores after intervention by the Australian Securities & Investments Commission, according to an ASIC statement on Tuesday. The country’s securities regulator said it made the request to Apple and Google after numerous cases of fraud involving unlicensed operators of the […]
China’s Didi invests in Taxify, an Uber rival operating in Europe, Africa
Businessam StaffAugust 1, 2017
Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an undisclosed investment in Taxify, an Uber-like service that operates in Europe and Africa. Four-year-old Taxify is headquartered in Estonia — three of its founders are ex-Skype — and today it operates in 18 countries, […]