Consumer Web/Social Media
African startups commence 2016 with $10mln investment
Technology startups in Africa may get $10 million funding in early 2016 as Silvertree Capital sees the rosy picture. Silvertree Internet Holdings is keen on scaling technology and commerce companies and has already invested $5 million in business building operations and acquisitions. South Africa, Nigeria and Kenya are favored the most among African countries.
Amazon.com Celebrates Golden Globe Win By Discounting Its Prime Membership
As a celebration for surprising Golden Globe win for "Mozart in the Jungle," Amazon prepares a special offer. Beside streaming the series for free this weekend, the company is also discounting subscription for Amazon Prime. .
Obama’s Final ‘Meet The YouTube’ Airs on Friday
Unlike six other times, Barack Obama will face an interview for the last time as an incumbent President in YouTube on Friday. This time he will answer the selected questions of a trio, who combined remains ahead of the President himself by a huge margin in terms of subscriptions. During his entire 10 years in the office, he has used technology to publicize behind- the- scene photographs as token of his goodwill gesture.
Sainsbury holiday sales meet forecast on non-food revenues
UK's second largest retailer J Sainsbury Plc registered revenues for the third quarter as per the forecasts. The total retail sales of Sainsbury were up 0.8 percent excluding fuel and were down 0.7 percent including fuel as against the analysts' average forecast of 0.6 percent decline for the quarter. However, Sainsbury has surpassed the forests for Christmas sales.