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Amazon is pulling the plug on its remote work policy and reinstating a full-time office presence, reverting to pre-COVID operational norms. CEO Andy Jassy shared the news on Monday, letting employees know to prepare to return to the office full-time starting on Jan. 2, 2025, as the world’s largest online retailer works to strengthen its culture and teams. In a memo to employees , Jassy stated, “When we look back over the last five years, we continue to believe that the advantages of being together in the office are significant.” He asserted that the last 15 months of hybrid work have only strengthened this belief, noting that “collaborating, brainstorming, and inventing are simpler and more effective” when teams are physically present. According to Fox Business, Amazon shifted from a remote work model to a mandatory three-day-in-office policy in May of last year. The retail giant’s CEO reflected on the pre-pandemic work culture in his memo, explaining, “Before the pandemic, not...
Though many today know Michael Strahan for his hosting gig on “GMA” and “The $100,000 Pyramid,” he got his start in the National Football League (NFL.) As the defensive end for the New York Giants, he played for the team for 14 seasons and even helped them take home the Super Bowl in 2007 (Any Giants fan knows that this is an achievement in itself.) He also, according to Celebrity Net Worth, holds the record for the most sacks in a single season and holds the distinction of being a two-time NFC Champion and the 2001 NFL Defensive Player of the Year. In 2014, Michael Strahan was inducted into the Pro Football Hall of Fame. With so many accomplishments just as a football player — to say nothing of his accomplishments in the TV space — it’s no wonder that Michael Strahan has earned an impressive estimated $65 million net worth. In December 2021, AfroTech reported that Michael Strahan was going into space on Jeff Bezos’ third historic Blue Origin flight. “Blue Origin – they approached...
Chipper Cash, an African cross-border payments company, has announced its new $2 billion valuation after its recent Series C extension. According to NairaMetrics, this new Series C extension raised an additional $150 million for the company. The funding was led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. SVB Capital, as well as other previous investors such as Deciens Capital, Ribbit Capital, Bezos Expeditions (owned by Amazon founder Jeff Bezos), One Way Ventures, and Tribe Capital, reinvested in this extension round. Chipper Cash, which was founded in 2018 by Ham Serunjogi and Maijid Moujaled, is a no-fee peer-to-peer cross-border payment service in Africa. Through their app, users can accept payments in Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya — to name but a few places that use the app. In 2021, the company expanded again — this time, into the United Kingdom. By using Chipper Cash, users can send money from the United Kingdom to their...
Amoako Boafo has work that is out of this world…literally. CBS News reports that Ghanaian artist, Amoako Boafo, can now celebrate the official launch of his artwork in outer space. That’s right, the artists’ had three paintings that went into orbit on the most recent space mission launched by billionaire Jeff Bezos. After a successful launch into space for the Amazon founder a month ago, Blue Origin officially sent off suborbital spacecraft, New Shepard, on Thursday, Aug. 26. The spacecraft was not only equipped with Boafo’s artwork, but also included NASA lunar landing technology along with 18 additional research payloads.
Move over Jeff Bezos , and make room for basketball legend and billionaire Michael Jordan as his price just went up for the umpteenth time! Entrepreneur reports Lionel Messi’s recent contract earlier this month with Paris Saint-Germain (PSG) not only was a celebratory deal for the Argentine soccer icon, but also for Jordan’s accounts, making him about $47.5 million richer, according to projections. Michael Jordan is alongside Amazon’s founder and former CEO Bezos, who is also projected to earn several million in the aftermath of Messi’s agreement to a two-year PSG contract. So, we have questions. How exactly will Michael Jordan make a profit from PSG’s total earnings? Why is Lionel Messi’s PSG deal a major win for the billionaire? And, the question you’ve all been waiting for, what is Jordan’s net worth looking like in 2021?
Talk about a surprise of a lifetime! According to a press release provided to AfroTech, Amazon just surprised 100 inspiring computer science students looking to take their education and future career to the next level with scholarships. Among thousands of applicants, the winners will all receive $40,000 scholarships to study computer science at a university of their choice along with paid internships at the world’s leading online marketplace upon the completion of their freshman year of college. Students like Samuel Hill will receive the Amazon Future Engineer scholarship and has goals to pursue a computer science degree at the University of Southern Mississippi starting in the fall. Currently, Hill is a residential student at the Mississippi School for Mathematics and Science in Columbus, MS. A Mississippi native, Hill grew up in the small town of Laurel where he has developed a passion for helping other Missipppians tap into the rapidly growing market for computer science...
Last year, Nigerian startup Paystack was bought by fintech giant Stripe in a $200 million deal that sent shockwaves across Africa’s tech ecosystem. Now with more validation for the company, Paystack — already operating in both Nigeria and Ghana — has positioned itself to expand and launch its next location in South Africa. “South Africa is one of the continent’s most important markets, and our launch here is a significant milestone in our mission to accelerate commerce across Africa,” the company shared in a statement. “We’re excited to continue building the financial infrastructure that empowers ambitious businesses in Africa, helps them scale and connects them to global markets.” According to the company’s statement, this new launch also “takes us one step closer to our goal of accelerating commerce and removing barriers to trade across Africa.” The company’s South African launch comes after a six-month pilot project that kickstarted a month after it was acquired by Stripe....
This company is adding more than just a little sparkle to Africa. Sparkle is an online platform using technology to build a community of retailers in Nigeria. Face2Face Africa reports the company’s founder, Uzoma Dozie, is on a mission to build a retail market throughout not only Nigeria but the entire continent of Africa. Launched in 2019, Sparkle employs artificial intelligence to help users make good business decisions. It also allows entrepreneurs to reach out to those in the informal economy with the main goal of bringing them into the formal economy to ensure financial inclusion all through the use of their mobile phones. According to Dozie, the platform is neither considered a bank nor a fintech platform in the traditional sense despite the fact that it provides financial services through technology. “Why? Because we know that our customers are on mobile — they are digital natives and digital aliens,” said Dozie in an interview with Forbes . “They are building their...
African fintech startup Chipper Cash is on a mission to make money transfers more efficient for its consumers. Chipper Cash — a payments company founded in San Francisco in 2018 — was created by Ugandan software developer Ham Serunjogi and Ghanaian Maijid Moujaled to provide mobile-based P2P financial services that would allow its users to move their money freely locally, across the continent, and around the world. In addition to its app, the company also runs Chipper Checkout — a merchant-focused, fee-based payment product that generates the revenue to support Chipper Cash’s free mobile-money business, TechCrunch reports. With operations in Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa, and Kenya, the startup company has scaled upwards of three million users on its platform and is working to operate in a global capacity. According to TechCrunch , Chipper Cash recently raised a $30 million Series B funding round led by Ribbit Capital with participation from Bezos...