September 26, 2023

Amazon Faces Accusations of Monopoly Power by US Regulators

Amazon, the global e-commerce titan, finds itself in the spotlight once again, this time facing accusations of wielding monopoly power in the realm of online retail. This recent allegation by US regulators has stirred up intense debate and speculation about the future of the e-commerce landscape and Amazon’s position within it. Highlights: It is no […]

September 23, 2023

Booking Holdings’ Claims EU Regulators Acted Illegally in Halting Etraveli Acquisition

The proposed €1.63 billion acquisition of Sweden’s Etraveli Group by the US-based online giant, Booking Holdings, has been thrust into the limelight amidst controversy. Booking Holdings has recently accused EU regulators of acting unlawfully in their decision to block the deal. Highlights Booking’s proposed acquisition, previously seen as a strategic move to further consolidate its […]

September 22, 2023

Tinder’s Premium Play: A $499 Monthly Subscription for Love?

In the fast-paced world of digital dating, Tinder, the globally renowned dating app, has recently introduced an eye-catching subscription plan: a whopping $499 per month, promising exclusive features like unparalleled search and matching. This move has left the online dating community abuzz, with many wondering if love is now hanging on a platinum price tag. […]

September 15, 2023

EU Fines TikTok $379 Million for Violating Children’s Privacy Data

In a groundbreaking move, the European Union has levied a hefty fine of €345 million against the popular social-media app, TikTok, over alleged lapses in the way the company manages children’s personal data. This decision stands as one of the most substantial fines issued for a breach relating to children’s data. Highlights The decision was […]

September 14, 2023

Google Allegedly Pays $10 Billion to Maintain Search Dominance

The US Justice Department’s recent announcement regarding Google’s alleged anti-competitive practices has sent shockwaves through the tech industry. The claim that Google spends over $10 billion annually to maintain its dominant position as the default search engine has raised eyebrows and ignited debates about the nature of competition in the digital age. Highlights: Google’s journey […]

September 9, 2023

US FAA’s Groundbreaking Licenses Revolutionize Commercial Drone Operations

In a groundbreaking move, the US Federal Aviation Authority (FAA) has granted the first-ever licenses for unmanned commercial aircraft to operate beyond a pilot’s line of sight. The drone industry views this significant decision as a key catalyst for the wider deployment of drones across various sectors. Highlights: Regulations that limited commercial flights to areas […]

September 8, 2023

Kenya’s Green Future: Bolt’s Commitment to Electric Vehicles and Sustainable Transport

Kenya – In a significant move towards sustainable transportation, e-hailing service operator, Bolt, has announced its plans to invest N582 million (Sh10 million) in Kenya’s rapidly growing electric mobility industry. This strategic investment comes hot on the heels of Uber’s recent introduction of electric motor taxis, commonly known as boda boda, in the country. The […]

September 7, 2023

TikTok’s Shop Marketplace: A New Frontier or a Regulatory Nightmare?

In a bold move that’s set the e-commerce world abuzz, TikTok, the global powerhouse of short-form videos, has unveiled its latest venture: the Shop marketplace. Initially rolled out to a select group of US users, this platform predominantly showcases a vast array of budget-friendly items, many of which hail from China, the operational base of […]

September 5, 2023

Google Africa Welcomes Alex Okosi as New Managing Director

In a significant move that underscores the importance of the African market to global tech giants, Google has announced the appointment of Alex Okosi as its new Managing Director for Africa. This development was revealed in a statement accessed by The Abuja Graph. Highlights: Alex Okosi, a Nigerian native, is no stranger to the world […]