Barely four days after Elon Musk laid off nearly 50 percent of 7,500-strong staff of Twitter, Meta, the parent body of Facebook, Instagram and WhatsApp, has laid off 11,000 workers, about 13% of its entire workforce. In a message to his employees, Mark Zuckerberg stated that he was reducing the size of the team in […]
WhatsApp, Instagram, Facebook and other platforms came on stream as communication channels late Monday after over 8 hours of hitches in their operations on Monday. The online platforms, especially Facebook and Instagram, recovered from the technological hitches Monday night around 11pm Nigerian time. Confirming its recovery, the official Facebook Twitter feed announced: “To the huge […]
Amazon, a leading online shopping company, has paid £492 million in taxes on sales which rose 50% to £20.63 billion, as COVID-19 pandemic continues to trigger demand for its services. The company, which said it had invested £32bn in UK infrastructure since 2010, disclosed the tax payment in its latest financial results It stated: “We […]
Thailand on Wednesday commenced value added tax (VAT) collection from foreign technology companies and expects to raise at least 5 billion baht ($154.70 million) in additional revenue yearly from the revenue source. Under the new fiscal regulations, foreign platforms providing electronic services in the country will have to register for VAT payments. According to news […]
More Americans think major technology companies should face more government regulation even as a majority say that these firms have too much economic power and influence. These findings were contained in a new Pew Research Center survey conducted April 12-18, 2021. But then, there’s not a strong consensus among the public that the government reducing […]
Telecommunication services providers are racing for improved digital contents to meet the yearnings of their customers globally. This is some of the findings in the United States of America, Africa and other parts of the world where customers’ appetite for digital contents is rapidly growing as the COVID-19 pandemic is accelerating the move to digital […]
Google and Facebook have unveiled plans to lead some global technology giants’ efforts to empower Nigerians and other African nationals in technical skills by supporting skills development, technology adoption and the growth of digital businesses.