Africa’s mobile money platform Mpesa expands to Europe

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Editor’s note: Tomorrow Transformed explores innovative approaches and opportunities available in business and society through technology. (CNN) — Snapchat may be the latest application with a new mobilepayment feature launched this week, but the idea that made Snapcash possible was spawned more than seven years ago in Africa. When M-Pesa came on the scene in 2007 — a money transfer system devised by Vodafone and Kenya-based Safaricom – it sparked a mini-revolution. With the touch of a button, relatives in Nairobi could transfer cash instantly to their remote up-country families…

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Unauthorized software is proliferating in the workplace, What apps are your employees using?

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Unauthorized cloud-based software is proliferating in the workplace, causing regulatory and security challenges for companies that often don’t even know their employees are using it. Some of the services are well known, such as Dropbox, for file sharing, and the multipurpose social-media site Facebook . But at some companies, employees are tapping hundreds of cloud-based apps to perform functions ranging from Web conferencing to conducting surveys to sharing photos. Skyhigh Networks, a provider of services that track and control cloud apps, surveyed more than 350 large companies this year and…

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Facebook’s Mark Zuckerberg speaks Chinese in Beijing visit

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Facebook has been blocked by Chinese authorities for over five years, but company founder Mark Zuckerberg appears to be on a new charm offensive to crack the massive market. In a move that has sent tongues wagging across China and around the globe, Zuckerberg on Wednesday showed off his nascent Chinese language skills in Beijing by participating in a 30-minute question-and-answer session conducted entirely in Mandarin. When asked about Facebook’s plans in China, Zuckerberg said the company already has a presence in the country, focused on helping Chinese companies grow in…

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Oculus founder thinks virtual reality can disrupt more than just video games

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For now, Luckey admits, the video game industry is the best place for pioneers to work on VR. “It’s the only industry with the talent to create 3D environments,” he says. Oculus Rift’s Palmer Luckey Wants Virtual Reality To Disrupt Your Industry Too Palmer Luckey is a guy with a definite vision, one of virtual reality transforming not only how video games are played in the living room—but also changing the way teachers conduct their classroom, how doctors perform surgeries at a hospital. Consider, Luckey says, the opportunity of allowing every…

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Sophia Bekele’s “P.U.S.H to Change Africa” KeyNote Won the YALS in New York

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“Standing on the “Shoulders of Giants: Our History, Our Legacy, Our Destiny.”, Persist Until Something Happens – to change Africa. Oct. 14, 2014 – Founder of DotConnectAfrica Trust and Yes2DotAfrica Campaign was invited to present a Key Note speech at th 2014 CUNY Young African Leadership Symposium (YALS), Themed “Standing on the “Shoulders of Giants: Our History, Our Legacy, Our Destiny.” The YALS aims to remind the African youth of the rich history that has become their legacy; the people who defined their present; and to rethink the meaning of…

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Apple and Google brands worth $100bn each

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PARIS: The US Apple and Google brands which have become household names around the globe are worth more than $100 billion each, and top a ranking of the world’s biggest brands, consultancy Interbrand said. In number one place, computer brand Apple has risen 21 percent in value this year to worth an estimated $118.9 billion (93.0 billion euros). In second place, the brand value of Internet search engine Google has increased by 15 percent to $107.43 billion. “The fact that Apple and Google have exceeded $100 billion is proof of…

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Twitter sues US government over Transparency Report restrictions

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Twitter has been publishing what bits of info it’s allowed to concerning national security requests for some time now, but the social media feed wants the ability to publish the whole thing. Today, the outfit filed a lawsuit aiming to get approval to post its entire transparency report. In a blog post, VP of Legal Ben Lee says that the company is asking a California District Court “to declare these restrictions on our ability to speak about government surveillance as unconstitutional under the First Amendment.” As is stands, Twitter and…

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Forbes lists 10 Emerging Women Entrepreneurs To Watch In Africa

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In June this year, She Leads Africa, a Nigerian-based social enterprise that aims to foster business growth in Africa by providing female startup entrepreneurs with the knowledge, networks, and financing to build and scale strong businesses, launched a business pitch competition. The purpose of the competition was to select ten exceptional young female entrepreneurs doing business in Africa to participate in an  Entrepreneur showcase, whereby the entrepreneurs would pitch their businesses to a panel of esteemed business leaders and investors, including Nigerian multi-millionaire telecoms tycoon Hakeem Belo-Osagie, Standard Chartered Nigeria…

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Reddit Is Raising Big Funding of $500 Million

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Reddit, the social news site with a big Web footprint, is raising a big funding round — with help from some of the people who helped launch the site nine years ago, including co-founder Alexis Ohanian and other people associated closely with startup incubator Y Combinator. Sources said the almost-anything-goes site has reached a preliminary agreement to sell less than 10 percent of the company for more than $50 million. That could give the company a valuation of upwards of $500 million. Given investors’ new-found appetite for content companies — see:…

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Most U.S consumers ‘unlikely’ to purchase or use bitcoin

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A study conducted by the Massachusetts Division of Banks on the bitcoin use found that close to two – thirds of those who responded said they were unlikely to buy or use the virtual currency. The article by Andrew Moran also highlights a study from the U.K. where 71 percent of British consumers don’t want to use bitcoin for their shopping needs. Of course we are very early in the game and the age of the respondent’s matters, those in their late teens and twenties may be more willing to…

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