Category: BUSINESS

Uber to sell its services to local Indian business

olivia Craig
Uber

Uber is in advanced stages of talks to sell its food delivery service UberEats’ India business to local rival Zomato,  as the American ride-hailing giant looks to cut its spending globally, three people familiar with the matter told TechCrunch. The deal currently values UberEats’ India business at around $400 million, one of the sources said. As part of the deal, Uber may invest between $150 to $200 million in Zomato and get a sizable stake in the 11-year-old Indian firm, people said. A spokesperson for Uber declined to comment on Saturday.…

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Airtel and Telkom merger approved

Dianne Jacobs
CAK

Kenya’s telecommunication sector is set to become a duopoly after Airtel and Telkom Kenya received approval from the Competition Authority of Kenya (CAK) to merge their businesses. The firms however have to wait for approval from the Communications Authority of Kenya (CAK), which might take awhile as the industry regulator is currently facing a leadership crisis following nullification of the board of directors appointed earlier this year.The merged operator, which will be renamed Airtel-Telkom, will now battle it out with Safaricom once the transaction is concluded. CAK yesterday gave the…

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Data Breaches Faced by Indian Internet Consumers

Dianne Jacobs
Safaricom

Over the last few years, India has been making headlines with a steady stream of data breaches  ranging from the Aadhaar scandal and Quora row, to the muck-up between Facebook and Cambridge Analytica. In fact, data breaches cost Indian organisations ₹12.8 crores on an average between July 2018 to April 2019, making the country the second-most cyber affected region in the world. The first half of 2019 witnessed a 22% jump in cyber attacks due to the increased deployment of IoT. With industries like healthcare, financial institutions and other businesses getting breached regularly,…

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Samsung TV owners face glitch to be fixed in 2020

Dianne Jacobs
Samsung

A number of Samsung TV owners have been hit by an irritating issue which leaves them unable to access BBC iPlayer. If you own a Samsung TV you may find you are suddenly being blocked from watching content on iPlayer. Some of these hugely popular TV sets have been hit by an annoying software glitch which has blocked access to the BBC’s streaming service. Samsung has issued a statement, explaining that the problem has been caused by security certificates that expired. The Korean firm has pushed out an update to some of…

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Startup food delivery Yumi Foods fed another $8M

Dianne Jacobs
Yumi foods

Babies have options these days when it comes to what goes in their mouths. No more is it just the standard mush in a jar. Now they have got everything from pouches to organic purees delivered right to their parents’ door and Yumi Foods is one of several startups cashing in. The company has just announced that it raised another $8 million from several of Silicon Valley’s household names, including Allbirds, Warby Parker etc. But it’s a tough and saturated market full of products all vying for mom and dad’s attention, and that’s not…

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2020 Cybersecurity trends for businesses

Dianne Jacobs
Cybersecurity

Cybersecurity is key in any business because cyber attacks are a daily occurrence and when an organization is breached, millions to even billions of dollars is lost due to lawsuits, fines and loss of revenues and regaining customer trust? Well, that could take years to build back…if ever. Because of this, I believe that one of the biggest trends to impact cybersecurity in the coming year is the growing importance for organizations to view cyber risk as a measure of business risk because cybersecurity is no longer just the responsibility…

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Canva introduces Business friendly tools for 2020

Dianne Jacobs
Business

Aussie-founded design tool Canva has launched a range of new features, including design kiosks, among its business friendly additions for its 20 million users worldwide. At its annual staff event dubbed the Canva Season Opener, Canva on Friday (6 December) unveiled several new products and tools through which it hopes to capture an even greater share of the design market for advertising and social media. Designed with the education sector in mind, but with obvious benefits for business as well, Canva will launch collaborative access to designs in 2020. Originating…

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Brex Building its Brand using Podcasts and Billboards

Dianne Jacobs
Brex

Corporate card and financial product startup Brex is best known as an enabling platform for businesses, with a focus on startups. The three-year-old company, which is reportedly valued at $2.6 billion, initially spread the word about its offerings through word-of-mouth referrals. But that’s quickly changing. As it grows its customer base, Brex is taking a mass market approach to marketing reminiscent of direct-to-consumer startups like SoFi, TransferWise and N26. Since April, it’s been running a biweekly a podcast called Brex in the Black. It’s opened a lounge co-working space for customers in the Bay Area, and last year, it reportedly spent $300,000 on a…

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Green Energy: Is it too late to tame Climate Change?

Dianne Jacobs
Airlines

Wind and solar energy have become significant participants in primary energy mix, with the new electric battery storage technology poised to remove the continuity of solar and wind energy to provide uninterrupted day and night, all weather grid supplies. Battery storage combinations of up to 100mw capacities have been achieved. Last month a game-changing solar energy concentration technology was unveiled by Heliogen, a startup company backed by Bill Gates capital. It will concentrate solar energy to a temperature as high as 1,000 degrees Celsius by aligning large mirrors on a…

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Technology’s Involvement in the Pet Care Industry

Dianne Jacobs
pet

The pet industry is a growing industry around the world but mostly in USA. Pet owners keep increasing day by day hence making the industry grow. Silicon Valley seems to have itself a new “pet” project. But it’s not just any kind of project. It is for an industry that is projected to be worth $281 billion by 2023. The pet-related business has been gaining grounds, with sales exceeding $225 billion in North America alone in 2018. Whether the economy is tough or not, owners have to take care of their…

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