‘BUSINESS’ News

Laptop bans on Middle East flights bring mixed reactions.

Fast-growing Middle Eastern airlines have been luring business travelers away from carriers in the U.S., Europe and Asia for years. But they may find the seats in the front of the plane going unfilled after the U.S. and U.K. ijucted laptop bans and other large...

21% of British startups plan to open a European office due to Brexit

The vote to leave the EU left some start ups questioning where their future lies, particularly if they’re confronted with issues around employing foreign staff. Currently, One in every five UK start ups intends to open a European office due to Brexit, according to survey...

Cisco buys AppDynamics for $3.7 billion, plots business performance expansion

AppDynamics Cisco will acquire AppDynamics, which monitors application performance and business metrics, in a deal valued at $3.7 billion. The purchase gives Cisco more software heft and broadens its reach in analytics makingthis one of its largest deals of recent years as it searches for growth...

Marissa Mayer to exit after Verizon acquisition as Yahoo becomes Altaba

Yahoo Inc. said on Monday that it will cut down its board after completing acquisition deal with Verizon Communications Inc., it is reported also that several executives including Chief Executive Marissa Mayer and co-founder David Filo, will step down as directors. After the sale of...

Africa’s telecoms market will hit $51bn by 2021

Sub-Saharan Africa’s telecoms service market will be worth $51 billion by 2021, up from $41 billion last year. Mobile services will represent more than 88.4 per cent of the telecoms service revenue in 2021, according to a new report by Analysys Mason, a global specialist...

U.S. Federal bank regulators outline new cyber security standards to stem attacks

crypto-ransomware U.S. bank regulators on Wednesday outlined cyber security standards meant to protect financial markets and consumers from online attacks against the nation’s leading financial firms. Leading banks will be expected to use the most sophisticated anti-hacking tools on the market and to be able to...

Oracle acquires Palerra to upgrade Cloud Security

banking security Oracle has just concluded the agreement to acquire Palerra last Sept. 18. The move is expected to bolster the company’s push to expand its Identity Cloud Service, which is touted as a next-generation security and identity platform for the cloud. Both companies did not provide...

British Airways check-in systems outage causes flight delays

British Airways has apologised to passengers for delays after a technical problem hit check-in systems. Travellers complained of hours queuing at airports and some reported they had been told the problem was worldwide. Airline employees had to manually process passengers at airports including San Francisco,...

Samsung recalls the Galaxy Note 7 due to battery problem

The massive recall of one of Samsung’s flagship devices is an embarrassing setback for the world’s biggest selling smartphone maker. The Note 7 was unveiled just a month ago, and big rival Apple (AAPL, Tech30) is expected to show off its new smartphone next week....

New devices connecting to the internet increase risk of corporate cyber attacks

Is the Internet of Things putting your business at risk? Network security needs to be top of mind for decision makers within the business, as more and more device connect to the internet via wireless network technology. According to Palo Alto Networks, wireless network technology...