Tech

Orange join forces with Europol to fight Cybercrime
Tech

Orange join forces with Europol to fight Cybercrime

In a bid to combat Cybercrime and major attacks, Orange has signed a memorandum of understanding (MoU) with Europol, the European Union Agency for Law Enforcement Cooperation. With this agreement, the two organisations are combining their efforts to make cyberspace safer for individuals, businesses, and governments and prevent cybercrime. Jean-Luc […]

Altaba sells major stake in Yahoo Japan
Global Tech

Altaba sells major stake in Yahoo Japan

Former Yahoo Inc., said it has sold 613,888,888 shares of Yahoo Japan Corporation common stock that it currently holds to SoftBank Corp. for JPY 360 (approximately US$ 3.26) per share in cash. The price is the closing price of Yahoo Japan common stock as quoted on the Tokyo Stock Exchange […]

Sonos files for IPO
Global Tech

Sonos files for IPO

Wireless speaker maker, Sonos has filed for an initial public offering. Sonos, a lean company backed by KKR Stream Holdings LLC, Sonos has grown to become a big player in the competitive home audio market, battling established players such as Bang & Olufsen, Bose and Sony as well as iPhone […]

Why Nigeria is auctioning N12.7 billion mining contract
Tech

Why Nigeria is auctioning N12.7 billion mining contract

To diversify its export revenue, Nigeria, Africa’s largest economy said it is auctioning mining contracts worth N12.7 billion. The contracts will be given to eight mining firms who are chosen after the auction. The state minister of mineral resources, Abubakar Bawa Bwari, said: “Today the Federal Executive Council (Nigeria’s cabinet) […]

ZTE appoints Xu Ziyang as new CEO
Global Tech

ZTE appoints Xu Ziyang as new CEO

In order to comply with the requirements of the US government to lift its ban, ZTE Corporation has appointed Xu Ziyang as its new chief executive officer. Citing a source familiar with the matter, the Wall Street Journal said Xu Ziyang, the company’s head of German unit will be the […]

Sabre appoints appoints Doug Barnett as CFO
Global Tech

Sabre appoints appoints Doug Barnett as CFO

Sabre Corporation said Doug Barnett will join the company as executive vice president and chief financial officer, beginning on July 23, 2018. Doug Barnett will succeed Rick Simonson, who previously announced his intention to retire as CFO in 2018. To ensure a smooth transition, Simonson will become a senior advisor […]