Monthly Archives: August 2020

Apple Apologises To WordPress For Forcing It To Monetise On iOS Store

WordPress’ founder said on Friday that Apple was refusing to allow any updates to the WordPress iOS app until the website builder added in-app purchases, from which Apple takes a commission of 15% to 30%. Apple is in a fierce fight with developers including Spotify and Epic Games, the maker of “Fortnite,” over its rules […]

The New Nigerian Companies And Allied Matters Act (CAMA) 2020

CAMA Company And Allied Matters Act

Federal Government has signed into law the Companies and Allied Matters Act (CAMA) on August 7, 2020. The new CAMA is Nigeria’s most significant business legislation in three decades and it introduces new provisions that promote ease of doing business and reduces regulatory hurdles. 1. Provision of single-member/­shareholder companies – S.18(2) of the new CAMA […]

Mark Zuckerberg Makes $100Billion, Now World’s 3rd Richest Man

Mark Zuckerberg Edeson InfoTech

Facebook founder Mark Zuckerberg has seen his personal wealth rise to $100bn (£76bn) after the launch of a new short-form video feature. On Wednesday, Facebook announced the US rollout of Instagram Reels, its rival to controversial Chinese app TikTok. Facebook shares rose by more than 6% on Thursday. Mr Zuckerberg holds a 13% stake in […]

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