olivia Craig - itbusinessdirect

Vodacom to pay ex-worker who invented the ‘Please Call Me’ idea after gridlock

January 14, 2019January 14, 2019 olivia Craig

Nkosana Makate, the former employee behind the Please Call Me service, says he is exploring his options after Vodacom decided on a “ridiculous and insulting” sum of money to settle a long-standing dispute between them. Vodacom said over the weekend it considered the matter “finally settled and closed” after its CEO, Shameel Joosub, had decided on a “reasonable” payment for Makate, the former employee who came up with the idea in late 2000. The mobile operator did not disclose the amount, citing a confidentiality agreement. This comes nearly three years…

Apple suffers biggest single-day loss in 6 years

January 4, 2019January 4, 2019 olivia Craig

The Dow Jones Industrial Average tumbled more than 660 points as Apple stock dropped nearly 10 percent – the biggest single day decline for the company since 2013 – just one day after it slashed its revenue forecast. Shortly after spooking Asian and European investors, CEO Tim Cook’s bombshell announcement rocked Wall Street on Thursday. The drop marked the worst start to a year for both the S&P 500 and the Dow since 2000, while for the Nasdaq it was the weakest start since 2005, according to Market Watch. The…

Apple to stop reporting how many iPhones, iPads and Macs it sells each quarter

November 2, 2018 olivia Craig

Apple said Thursday it plans to stop reporting how many iPhones, iPads and Macs it sells each quarter, in what could be a nod to flatlining growth in some of these product lines. Apple will continue to report revenue for these categories. The move was just one of the concerning announcements Apple made Thursday. The company also said it expects sales in the all-important holiday quarter to be between $89 billion and $93 billion, skewing short of analyst estimates. At the low end of that range, Apple’s holiday sales would…

Facebook institutional investors want Zuckerberg ousted as chairman

October 18, 2018October 18, 2018 olivia Craig

Amidst increasing incidences of data breaches such as the Cambridge Analytica scandal that saw the personal data of 87 million Facebook members used without permission, to Russian sourced posts aimed at influencing the midterm elections, a report from Reuters states that four institutional investors in Facebook are looking to have Zuckerberg replaced by an independent chairman. A similar proposal was defeated by stockholders in 2017. The filing asking for a vote to remove Zuckerberg was made to Facebook’s board by the state treasurers of Illinois, Rhode Island and Pennsylvania, who…

Benin Govt abandon social media tax decree after protests

September 25, 2018 olivia Craig

After 10 days of mobilisation with more than 500 000 people being affected by the social media tax, the government in Benin have decided to cancel the tax. The government passed the decree in late August taxing its citizens for accessing the internet and social media apps reports Mail & Guardian. It taxed the use of Over The Top services like Facebook, WhatsApp and Twitter. Mylène Flicka, an Beninese activist, working on IRAWO, a digital media platform spoke to The Daily Vox about the decree and the cancellation of the…

Surprise overdue dual-SIM support coming to the iPhones

September 13, 2018 olivia Craig

Apple’s introducing letting you embrace your inner duality with your iPhone. At Wednesday’s Apple event, the company announced the launch of dual-SIM support for the iPhone. Both the iPhone XS and the iPhone XS Max will offer the dual SIM card option. This will allow you to have two different phone numbers and two different carriers on the same phone. The dual SIM support is possible because Apple’s newest iPhones will have an eSIM as well as a regular nano SIM card. The eSIM means you won’t have to swap…

SEC Suspends Exchange-Traded Bitcoin and Ether Investment Vehicles as market crash continues

September 10, 2018 olivia Craig

Ether, the second-largest virtual currency, slumped 8.9% from its level at 5 p.m. New York time on Friday, according to Bloomberg composite pricing. Bitcoin lost 2.1%, while the market capitalization of digital assets tracked by CoinMarketCap.com shrank to $197 billion — down about $640 billion from its January peak. Cryptocurrencies have declined for five of the past six weeks amid concern that a broader adoption of digital assets will take longer than some had anticipated. That worry was underscored over the weekend after the U.S. Securities and Exchange Commission temporarily…

DStv Tanzania freezes local free to air channels off its list

August 13, 2018 olivia Craig

Multichoice Tanzania (DStv)has removed free-to-air (FTA) channels from its subscription list, barely a week after the country’s communications regulator warned it would suspend the pay TV licence. The Tanzania Communications Regulatory Authority (TCRA) had said it would suspend Multichoice licence for its continued carrying of free channels on its service despite holding a licence that barred it from doing so. “In exercising its powers, the authority hereby notifies the general public that it intends to suspend all the licenses issued to Multichoice Tanzania Ltd for failure to comply with the…

Apple revises App Store rules after rejecting Valve’s game streaming Steam Link app

June 7, 2018 olivia Craig

Apple quietly updated its App Store guidelines on Monday, while the keynote address of WWDC was happening in San Jose, to allow for mobile apps like Valve’s Steam Link game streaming service, according to Reuters. Steam owner Valve said last week Apple had initially rejected Steam Link, which lets consumers access and stream their PC game library onto a mobile device, due to apparent “business” conflicts. The change does not void Apple’s long-standing policy that no iOS app may host an app store of its own and allow users to purchase and download…