With the uproar in social media marketing and the presence of businesses on social media, there have been terrific records of small businesses growing swiftly. The power of social media on businesses cannot be overemphasized, but just as there is a negative side to everything in existence, social media activities can mar your business even more significantly than it could help you grow it. You may be wondering how social media activities can mess your business up and even go as far as crashing it to the ground. Here are a few ways that social media could be a tool…
Author: Augustine Ojeh
In previous years there have been records of very high spending on beers, fireworks, and wines during the week before the USA’s Independence Day, the reverenced Fourth of July. This year, cannabis has joined the charts of America’s top spending for the Fourth of July, recording sales of 400 million dollars in the week before Independence Day. Since its legalization, the cannabis business has been known to be on constant growth, but the sales around the USA between June 30th and July 4th of this year have broken the ceilings. Akerna Corp., a regulatory compliance technology company which tracks worldwide…
Reports on Tuesday had it that the founder and chief executive of Huawei, Mr. Ren Zhengfei stated at a panel discussion at the company’s headquarter in Shenzhen saying “In the coming two years, the company will cut production by 30 billion dollars.” This statement was made after the company recorded a 40 percent drop in international smartphone sales. This significant downturn in Huawei’s smartphone sales is owing to the continuous US backlash on the company as they were added to the US entity list last month as one of the companies that are restricted from dealing with any US-based company…
Huawei on Friday announced that its new 5G Mate X Foldable smartphone would be launched in September as opposed to its initial schedule of launching in June; Reuter reports. This announcement was made on Friday at the WSJ Conference in Hong Kong. Huawei strongly affirmed that this delay was not owing to the US government blacklisting incident. Instead, it is to offer them some time to work on making the device and maintain their reputation through excellent user experience; CNBC reported. The Huawei’s head of corporate communications, Vincent Pang stated on Friday that the company is further testing the smartphones…
Reports have it that the Chinese tech giant, Huawei had initially scheduled to launch their MateBook X Pro earlier this week, but due to the bites from the United States government, they have suspended the launch with every chance of it being cancelled. The Huawei’s consumer device chief, Richard Yu confided with the CNBC about the cancellation of the launch and a dent in the chances of Huawei to venture into the private computer business is owed to them being listed in the U.S, government’s entity list last month. Yu went on to say that the situation was unfortunate while…
Reports from CNN London on Thursday said that Britain’s fast-growing digital financial service, Monzo is coming to the United States. Since its inception in 2015, Monzo has grown as a brand to become one of the top tech startups in the UK with a value of about 1.3 billion dollars, BBC records. This growth was owing to their attractive financial services that allow customers to make payments, direct deposits, and get instant spending notifications. Their signature neon bright contactless cards have served in bringing them to the front line of UK tech startups, according to CNET. The company, on Thursday,…
People have always asked how they can well start a business of their own and bring it afloat. Starting a business is not an easy endeavor, but having a guide to take you through on what to expect is a great way to get some blocks off the road. As starting a business and building it to stardom does not follow a typical model because every business is unique in its way, the steps listed below may not be orderly enough depending on the type of business, but it is a great eye-opener. You don’t have to worry about dabbling around…
There have been increasing questions as to why business failure is on the rise. Large and medium-size companies file for bankruptcy regularly, and many small businesses cease to exist even before they start. With the increasing world population, there is no other time when there are more entrepreneurs than in this generation. Businesses are created every day, and companies also close as entrepreneurs throw in their towels quitting their dreams of being the next Fortune 500 entrepreneurs. A report from the Small Business Association stated that 30% of new businesses fail with 24 months of creation. Half of the businesses…
The Chinese tech giant, Huawei signed a deal with Russia’s largest carrier, MTS, to build 5G networks in the country on Thursday. This deal was signed by the Huawei board chairman, Guo Ping, and the MTS President and CEO, Alexei Kornya on the sideline of a heated talk between the Chinese President, Xi Jinping and the Russian President, Vladimir Putin on Thursday, CNN reported. This deal has served a relief for Huawei following the fact that they have turned out to the battleground for the US-China Trade War. According to experts’ report, the restriction placed on Huawei by the United…
The 18 years old iTunes would be replaced by three apps that are familiar to iOS users: Apple Music, Apple Podcast, and Apple TV apps; as announced by Apple on Monday at the Worldwide Developers Conference in San Jose, California. The iTunes has been an iconic feature of the Apple brand which was available on the Mac in 2001 and integral to the launch of the iPod and iPhone just after. The iTunes has posed to be of no significance in recent years, and users have consequently raised a call for the app to be scrapped; CNET reported. At the…
The Holistic (Body, Mind, and Soul) industry is focused on helping humans maintain healthy minds to increase physical health and productivity. Wellness experts emphasize that the body, mind, and spirit (or soul) are one continuum and should not be thought as separate entities. They also point that the separation of this whole human being by the mind causes most individual to be trapped in their minds and limits them from achieving greatness in various areas of their lives. The great entrepreneur, Steve Jobs, practiced Zen Meditation during his lifetime to ensure that he kept his mind and his body united,…
Facebook to launch their cryptocurrency called GlobalCoin by early 2020 to allow easy transfer of money between users in a dozen countries around the world, reported BBC. The currency is expected to allow users of Facebook products to transfer money and make payments for products online without a need of owning a bank account, The Verge reports. Bloomberg reported on December 20, 2018, that Facebook was developing a Stablecoin for users of its messaging services including WhatsApp, Facebook Messenger, and –maybe –Instagram. The coin was announced to be launched in the first quarter of 2020, although testing begins by the…
Augmented reality and other advancements in technology is an eye-opener to every entrepreneur and business professionals out on the hunt for better business opportunities and increase customer satisfaction and growth of revenue. Augmented Reality in the retail industry did not hit us as a shocker, but the rate with which it has transformed the industry is what made jaws hit the ground. Many businesses are employing AR to improve customer experience, cut business running costs, and consequently increase revenue and profit. There are numerous ways through which AR has transformed the retail industry, and we will briefly run through the…
There is a growing dependency of youths on the government hoping to land government jobs or perhaps in the private sector to no avail. The efforts invested into keeping the unemployment rate in check is hand-breaking so, I’d suggest you help the government and yourself out by starting a business of your own. Are you worrying about capital? You don’t have to. There are endless lists of business ideas that are laid out for you, even with the most insignificant skill sets. These are businesses you can start with less than $100. Cleaning Services: You don’t have to be an…
The US-China trade war is rubbing off on the businesses and citizens of both countries involved as Americans are beginning to worry about how the trade war could affect them. BBC World Service economics correspondent, Andrew Walker compiled series of questions that are being asked by Americans regarding the effect of the trade war on inflation, and he responded on his post saying, “The tariffs can affect prices inside the US in several ways. They can add to the cost of imported goods if the tariffs are passed on by exporters. That can increase the prices of goods bought…
“We are thrilled to see Craig Wright recognized as author of the landmark Bitcoin white paper and early code. Better than anyone else, Craig understands that Bitcoin was created be a massively scaled blockchain to power the world’s electronic cash for billions of people to use, and be the global data ledger for the biggest enterprise applications.” -Jimmy Nguyen, founder of nChain, the blockchain company where Wright is Chief Scientist. The Australian tech entrepreneur, Craig Wright has earlier laid claims of being the anonymous creator of the digital currency, Bitcoin (BTC). Early in May, just a week after he…
The Chinese tech giant, Huawei has become a focal point of the US-China trade war, and this was made evident when the Trump administration added the company to its entity list last week. According to BBC, Huawei has become a controversial company after being suspected of working with the Chinese government in accessing the privacy of users around the world. The restriction placed on Huawei by the US government prevents them from dealing with any US-based company without a license. This has affected the company’s relationship with Google (GOOGL) as they would not be allowed to use the Google Android…
“We have prepared our own operating systems – that’s our plan B.” Glory Cheung, Huawei’s Chief Brand Officer, told German newspaper, Die Welt, earlier this year. The Chinese tech giant has been temporarily banned from the use of Google Android and Google Play services, as announced by Google. This ban is consequent upon Huawei being added to the Trump Administration’s entity list, a list of non-US companies that are not allowed to deal with any US-based company without government approval. “We are complying with the order and reviewing the implications,” Google mentioned in a mailed statement to CNET on Sunday…
Only great mountaineers ever made it to the top of the highest mountains. We must give the tech giant’s credit; they made it to the top of the mountains. But it is obvious that not even the best mountaineers can reside on the mountain crests if they’d love to. The same is applicable in this race for one trillion dollars. Since the second quarter of 2018, the rally for which Tech Company will hit the one trillion dollar mark first has gotten the attention of most investors and traders around the world. Eventually, Apple made a touchdown on the finish…