Business Tag

Recently launched Oveem is an e-commerce store for fresh fruits and vegetables in Nigeria – at least that’s what the description on the site says. Oveem’s website has eight categories of fruits and vegetables to choose from and promises to deliver within 24 hours. Here’s what the website looks like The service currently delivers to these areas in Lagos: Apapa, Ikeja, Ikoyi, Isolo, Victoria Island, Lagos Island, Lekki, Surulere and Yaba. We know you’re already thinking about how they intend to preserve fruits over long periods of time. Well, Oveem’sRead More

Tech giant, Apple announced their earnings statement during their conference call and they broke lots of their previous records. 51 million iPhones were sold between November 2013 and January 2014 – an all time quarterly record – up from 47.8 million in the same quarter last year. iPad sales also came in at record highs at 26 million, up from 22.9 million from the same quarter last year. Mac sales weren’t left out in the record-breaking party either, coming in at 4.8 million sold from November to January, up from 4.1Read More

On July 25th, 2013 Activision Blizzard announced the purchase of 429 million shares from owner Vivendi for $5.83 billion, dropping the shareholder from a 63 percent stake to just 12 percent by the end of the deal in September. An investment group led by Activision Blizzard CEO Bobby Kotick and co-chairman Brian Kelly will purchase a further 172 million Company shares for approximately $2.34 billion. The deal will conclude by September 2013 and will however incur approximately $1.4 billion in net debt as stated in their offcial statement. At the end of the transaction VivendiRead More

When we first saw Sharetori, it was a pay-to-share network for users of social media. The service paid users on its network to post updates about brands and products to various social networks. Sharetori has introduced a new ad distribution network for website publishers. Sharetori says it has discovered Nigerian websites can make even more money than they currently do if there’s an advertisement network to help. The new service promises to pay publishers per impressions per week. For example 0 ≥ 100 impressions per week will result in aRead More

Toy Headquarters T*HQ, now known simply as THQ,  is likely facing a sale or bankruptcy, following continued poor financial results. THQ’s financial report, along with the news that release dates for South Park, Metro: Last Light and Company of Heroes 2 had all been pushed back. South Park is the biggest hit, now pushed back to ‘fiscal year 2014′. The company’s next move was to hire Centreview Partners to find “strategic and financing alternatives” for the company – a term associated with the search for a sale. Following second quarter financial losses of $21Read More

Ireland’s Data Protection Commissioner (DPC) has begun auditing Facebook’s offices after a 24 year old law student, Max Schrems asked Facebook for a copy of all his personal data and received a CD including some of his deleted data. Schrems went on to start ‘Europe vs. Facebook’ and filed 22 claims about the social network giant’s practices. Facebook sending the CD isn’t the problem. Facebook sending Schrems deleted data is the problem. Schrems had personally deleted certain pieces of Data and Facebook isn’t expected to store data after you deleteRead More

After 3 days of widespread BlackBerry Internet Service outage, RIM’s servers began working early this morning and its internet service rolled out to users slowly. In this video, RIM Founder and Co-CEO Mike Lazaridis apologises to BlackBerry users and says there isn’t a definite time for a worldwide fix. This means BlackBerry users who are still experiencing problems will eventually stop experiencing such problems but at what particular time; he can’t say. He says RIM is approaching normal BlackBerry service levels in Europe, the Middle East, India and Africa. Here’sRead More

On Monday morning, BlackBerry users began experiencing problems with accessing BBM, Email and Internet-based apps. The disruption entered its 2nd day on Tuesday and is due to a server failure in RIM’s Data Centre in Slough, UK. The Data Centre covers Europe, the Middle East and Africa. By the end of Tuesday, users in South American countries like Chile, Brazil, Argentina and Venezuela began having issues connecting their BlackBerry devices to the web. RIM says it’s working on solving the problem as soon as possible as users, who have access toRead More

Okay now I’m scared. Last week a blogger discovered that Facebook was tracking his web surfing even after he had logged out of the service. Facebook admitted that it sometimes pulled cookies on users’ computers to personalize content. A cookie is like a small piece of code that websites use to track users’ location, other websites they’ve been on, etc. Cookies should expire after a short while of leaving websites. Facebook’s cookies do not expire that quick. Bloomberg says “This admission came only after an Australian technology blogger exposed Facebook’sRead More

Facebook announced the ‘Timeline’ feature about a week ago at its f8 developer conference. Timelines.com has now hit Facebook with a suit over a trademark dispute. Facebook’s timeline is a new feature that shows Facebook user profiles as some kind of virtual layout of your history on the site. It is currently being rolled out by the social networking giant. If you don’t have it yet, read How To Get Facebook’s Timeline Now In 7 Steps. Timelines.com however, is a website that lets its users view, create and edit multimediaRead More