Jumia: The ‘Amazon of Africa’ stocks climb over 75% on first day of trading

Jumia Technologies, also known as the Amazon of Africa, is an e-commerce African unicorn that debuted on the New York Stock Exchange yesterday. The company, which is the largest e-commerce operator in Africa, started the day with a stock opening price of $14.50 and by the end of the day the stock was up by… Read More Jumia: The ‘Amazon of Africa’ stocks climb over 75% on first day of trading

Senator Warren’s mission to break up Amazon, Facebook and Google

This is a biggie. On Friday, during a speech in Long Island City, Senator Warren vowed that she would break up Google, Amazon and Facebook if she’s elected President so that smaller businesses have a better chance of competing in the technology sector. It’s a big claim indeed. The Senator plans to be competing as… Read More Senator Warren’s mission to break up Amazon, Facebook and Google

Amazon looking to focus on opening more book stores

A company spokesperson for Amazon revealed yesterday that they’ll be closing all of their U.S. pop-up stores and will instead be focusing on opening book stores Reuters reports. Amazon’s shares lost 1.4 percent of their value yesterday. The 87 pop-up stores Amazon owns in the States will be closed by the end of April. Amazon… Read More Amazon looking to focus on opening more book stores

HoloLens tech will be used for war and Microsoft staff don’t like it

HoloLens became available for developers back in 2016. It allows you to see digital images over the real world. Microsoft’s chief executive Satya Nadella is scheduled to announce HoloLens 2 at an event in Barcelona on Sunday. That was just a quick recap of what HoloLens is and now here’s the juicy bit. Microsoft have agreed,… Read More HoloLens tech will be used for war and Microsoft staff don’t like it

Amazon’s 2019 challenges include Donald Trump, HQ2 protesters

“After a year of anticipation, Amazon last month announced its winners for two new, 25,000-employee campuses and was summarily met with a flood of derision and mockery. There was even a protest in Queens, where one of the offices will go, with people lambasting the billions of dollars in incentives Amazon will receive for the… Read More Amazon’s 2019 challenges include Donald Trump, HQ2 protesters