Nigeria ordered four banks including Citigroup and Standard Chartered to refund more than $8-billion it says was illegally expatriated by MTN Group over eight years through to 2015.
Author: Agency Staff
Just days after hastily abandoning a short-lived exploration of taking Tesla private, Elon Musk has returned to Twitter to showcase the impulsiveness that has raised the eyebrows of investors and regulators alike lately.
It’s tempting to ignore the early morning tweets of a technology-challenged US president. Donald Trump is wrong on the facts, but his complaints underscore the business threats to tech companies from growing and largely disingenuous complaints.
Bitcoin advanced for a fourth day, exceeding $7 000 in its longest winning streak in more than a month, and with momentum indicators suggesting the rally has further to run.
US President Donald Trump has accused Google of rigging its search results to give preference to negative stories about him, adding his voice to conservatives who accuse social media companies of favouring liberal viewpoints.
Storm clouds are brewing over the global technology industry. A host of hardware companies are sitting on inventory stockpiles not seen since the financial crisis a decade ago.
Apple proved one thing this year: it can charge whatever it wants for iPhones. Its growth rests on its ability to maintain that pricing power.
Toyota is investing $500-million more in Uber, underscoring the Japanese car maker’s efforts to catch up on self-driving technology as General Motors and Waymo lead the race to upend transportation with autonomous vehicles.
Apple is not only doubling down on the iPhone X, it’s tripling down. The world’s most valuable company plans to launch three new phones soon that keep the edge-to-edge screen design of last year’s flagship.
Elon Musk’s stunning tweet that he wanted to take Tesla private and had funding secured was a classic Musk moonshot – given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy.