Amazon Web Services (AWS) has announced the opening of its second African office in Lagos, Nigeria. The opening of the Lagos office comes five years after its first office in Johannesburg was opened in 2017.
Egyptian fintech startup MoneyFellows has announced the first close of its Series B round funding with a US$31 million investment to help it accelerate its growth and move into new markets.
Following a recent ruling by India’s competition regulator, Google announced it has halted the enforcement of its Play Store billing policy in the country, which requires developers to pay up to 30% for in-app purchases. The announcement arrives days after the Competition Commission of India ordered Google to let app developers use alternative payment systems and fined it $113 million for abusing its market power. The country also issued a fine of $161.9 million on the company the previous week for being anti-competitive in the Android mobile device market.
The U.S. Department of Justice has formally requested the sale of the Chrome browser among other measures following last August’s guilty verdict in its search advertising antitrust suit (not to be confused with last week’s guilty verdict in the adtech antitrust lawsuit). Google is asking for a much narrower focus on deals to be the default search engine for Apple, Mozilla and others. There will be a three-week hearing on the government’s proposals.