Tech

What you need to know about Wannacry Ransomware attack
Tech

What you need to know about Wannacry Ransomware attack

Following the recent Wannacry Ransomware attack, Bitcoin recorded the highest hit last week to below USD1,700 after cyber attackers locked up data in 200,000 computers Friday and demanded ransom in the digital currency. Bitcoin fell more than USD200 from an all-time high of about USD1,848.75 reached just a day before […]

Yahoo is buying back USD3 billion worth of shares
Tech

Yahoo is buying back USD3 billion worth of shares

After its impressive first quarter result, Yahoo Inc., said it will buy back about USD3 billion worth of its shares. The buyback will be via modified “Dutch auction” self-tender offer to purchase for cash up to $3,000,000,000 of shares of its common stock at prices equal to (A) the “Alibaba […]

Naspers invests EUR387 million in Delivery Hero
Tech

Naspers invests EUR387 million in Delivery Hero

Naspers, the largest tech startup investor in Africa has invested EUR387 million for a minority stake in Delivery Hero. Delivery Hero is German online food ordering and delivery marketplace with 37.7% (on a fully diluted basis) owned by Rocket Internet. Rocket Internet had sold Foodpanda to Delivery Hero in 2016 […]