Volkswagen will receive around $350 million as part of a settlement with executives who ran the company during the Dieselgate emissions cheating scandal, after claiming they breached their “duty of care.” Former CEO Martin Winterkorn has agreed to pay the company 11.2 million euro ($13.6 million), while former Audi boss Rupert Stadler will pay Volkswagen 4.1 million...
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El Salvador Became the first Country in the World to adopt Bitcoin as Legal tender
Its official Bitcoin is here to stay! El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress on Wednesday approved President Nayib Bukele’s proposal to embrace the cryptocurrency, a move that delighted the currency’s supporters. With 62 out of 84 possible votes, lawmakers voted in favor of the...
Rapper & Businessman Cassper Nyovest Signed a Deal with Drip, Sneaker Brand
[Historic Moment] We are about to launch a series of products under our new wing, The Root of Fame with #casspernyovest. This partnership goes beyond music and sneakers, it’s a showcase of Black excellence through the power of collaboration. #TheLegacyDeal” – #DripFootwear What exactly is the deal? Drip Footwear and Family Tress have joined forces in a deal...
FNB Launches New Ad Campaign and Refreshed Bank Cards
FNB has launched a new brand communication campaign, #TheChangeables, to celebrate South Africans who take challenges in their stride, transform obstacles into opportunities, and embrace change as a way of building a better future for themselves and others. In the spirit of change, FNB is also launching a refreshed design across its range of bank...
Newzroom Afrika Gives Back to Coastal Community TV Stations
In an effort to continue transforming and developing the media and broadcast landscape, Newzroom Afrika has entered into an agreement with two of South Africa’s regional TV stations, 1KZN TV and Mpuma Kapa TV. Newzroom Afrika’s national and continental positioning will assist in providing both channels with a much greater audience reach. In addition to...
Instagram Will Let Creators Earn Shopping Referral Commissions – Facebook
Instagram Will Let Creators Earn Shopping Referral Commissions, Part of Facebook’s Monetization Push Mark Zuckerberg wants Instagram and Facebook to be “the best platform” for creators to make money, the Facebook CEO said in unveiling new monetization tools and programs — including a way for Instagram influencers to earn commissions from online sales they facilitate. Zuckerberg announced the news at the...