Deloitte gravitate investment in the Internet of Things

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The Internet of Things (IoT) has rapidly assumed the status of a business mega-trend. While some forward-thinking businesses, government agencies and other organisations have already taken the first steps in implementing IoT components, it is easy to be overwhelmed by the sheer amount of data available. Deloitte has invested substantially in its IoT capacity in order to support businesses in their transition. A recent Deloitte Digital event on IoT was attended by senior executives across industry sectors, highlighting the demand for knowledge regarding IoT deployment. The event focused on real…

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Internet companies petrified after hackers release code behind one of the most powerful online attacks

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Internet companies are bracing for more trouble after hackers released the code behind one of the most powerful online attacks ever, which harnessed as many as one million internet-connected devices to knock a blogger offline. The malicious software takes advantage of weak security on video recorders, routers and other internet-connected devices, taking control of the systems and forming them into a collection of attacking machines, called a “botnet.” It can then disable a victim’s internet servers by flooding them with an overwhelming amount of internet traffic. The botnet code was…

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Massive data breach hits 500 million Yahoo accounts

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Information from at least 500 million Yahoo accounts was stolen from the company in 2014, the company said Thursday, indicating it believes a state-sponsored actor was behind the hack the Sunnyvale, California-based company confirmed. The theft may have included names, email addresses, telephone numbers, dates of birth, and in some cases, encrypted or unencrypted security questions and answers, Yahoo said. Even in an Internet-dependent population accustomed to the regular occurrence of massive data breaches, the size of this one —  thought to be the largest ever in terms of user accounts — is attention-grabbing. And the possibility that another…

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Oracle acquires Palerra to upgrade Cloud Security

banking security
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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 any details about the recent acquisition, particularly the cost involved. However, one should remember that Palerra has raised $25 million in funding last year. This figure should provide some insight regarding its value. “Together, Oracle and Palerra will help accelerate cloud adoption securely by providing…

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Uber and Little Cab’s duel for Nairobi’s Taxi Market

Dar es Salaam
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Uber is in the middle of a bruising battle for dominance in east Africa’s largest economy: Kenya. The ride-hailing company started operating in the cities of Nairobi, Mombasa, Kisumu and Thika last year. It has already outlasted the online cab operator Easy Taxi, which opted out of the Kenyan market in May this year following a decision by one of its backers, Goldman Sachs, to direct all its investments towards the more profitable Uber. However, Uber now has a new domestic rival: Safaricom. It’s one of Kenya’s largest companies, 40%…

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Can Blockchain Technology improve digital piracy in Africa?

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The digital content market has rapidly become less regional for piracy not to be prevented, even in parts of Africa where the distribution in such format is maturing. Globally there’s been a shift from traditional media and content industries to new digital media technologies. This has changed the distribution and consumption of creative content with the emergence of new digital platforms like Netflix and iROKOtv. “In Africa, there is a demand for US and European content, and when distribution rights don’t keep up with demands, it fuels piracy,” says G-J…

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

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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 is simultaneously necessary and risky for organisations, and the Internet of Things could be putting businesses at risk of a cyber attack. “Most businesses are aware that wireless connections can be risky so they look to mitigate the risks by protecting their internal infrastructure,” says…

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Mobile tech and services generated $150 billion in Africa, 725 million unique subscribers expected by 2020

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The GSMA study ‘The Mobile Economy: Africa 2016’ was launched at the GSMA Mobile 360 – Africa event held in Dar es Salaam, Tanzania from July 26 – 28, 2016. The report highlights the increasing contribution of Africa’s mobile industry to the regional economy, including employment and public funding, and mobile’s role a platform for digital and financial inclusion. Industry overview At the end of 2015, 46% of the population in Africa subscribed to mobile services, equivalent to more than half a billion people. The region’s three dominant markets –…

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Verizon will buy Yahoo for $4.8 billion

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US internet firm Yahoo will be sold to American telecoms firm Verizon Communications for nearly $5bn (£3.8bn) in cash. Yahoo will be combined with AOL, another faded internet star, which Verizon bought last year. The deal does not include Yahoo’s valuable stake in Chinese firm Alibaba. The price tag for the deal is well below the $44bn Microsoft offered for Yahoo in 2008 or the $125bn it was worth during the dot.com boom. Verizon said the deal for Yahoo‘s core internet business, which has more than a billion active users…

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Second 7000 USD Seed Funding for STEM Initiatives announced by Miss.Africa

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The Miss.Africa initiative from DotConnectAfrica Trust has announced a second offering for its annual Seed Fund  for Tech initiatives in Africa led and founded by Women. In the first round, the Miss.Africa Seed Fund, a sum of Seven Thousand United Stated Dollars (USD 7000) received an overwhelming number of applications of over 90 applicants from more than 18 Countries in Africa across the African continent and anticipates a big turn of applications for the 2016 phase. As statement on the announcement by Sophia Bekele CEO and Founder DotConnectAfrica Group noted that…

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