Forbes lists 10 Emerging Women Entrepreneurs To Watch In Africa

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

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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Reuters: Time Warner Cable suffers major outage

Liquid Telecom

(Adds Time Warner’s comment) By Jim Finkle, Marina Lopes and Alina Selyukh Aug 27 (Reuters) – Time Warner Cable Inc , the No. 2 U.S. cable operator, suffered a massive network outage on Wednesday due to suspected human error that cut Internet services to some 11 million businesses and residences, prompting a New York state investigation. The outage to all of its Internet customers across 29 states began at about 4:30 a.m. EDT (0830 GMT), said company spokesman Bobby Amirshahi. Services were restored by 7.30 a.m, he said. The outage…

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NEW YORK: Target sent victims to Experian, which leaked data to criminals

Companies can’t keep your data safe. It’s that simple. When Target lost data on some 110 million customers, it recommended them to credit bureau Experian for “identity theft protection,” offering to cover the cost for a year. Think you’re in better hands? Think again. Sometime before the Target (TGT) hack, Experian had its own data leak — via a subsidiary. It unknowingly sold the personal data of millions of Americans — including Social Security numbers — to a fraudster in Vietnam. That guy then sold the personal information to identity…

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Understanding the Copyright’s Volition Requirement After Aereo

Jonathan’s post continues DisCo’s ongoing coverage of the Aereo case.  Last week, Prof. Michael Carrier wrote a post for DisCo on the possible effect of Aereo on investment.  Previously, DisCo writer Matt Schruers guest-posted on SCOTUSblog about how Aereo creates uncertainty for the cloud. One of the great attractions (or frustrations) of copyright law is that it is based on metaphysical distinctions. The most obvious of these is the idea/expression dichotomy. The Second Circuit in Computer Associates v. Altai observed that “drawing the line between idea and expression is a tricky business.”…

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Tim Wu,The Father of Net Neutrality Returns to Do Battle With Comcast

Tim Wu saw firsthand how people can mess with the internet. Fifteen years ago, he landed a marketing job with a network equipment maker called Riverstone Networks. Riverstone made network routers, among other things, and it sold many of these to Chinese internet service providers who then used them to block traffic on their networks. After about a year, he left Riverstone, disillusioned but wiser. And today, Wu says that the time he spent there helped cement the idea that has made him famous: net neutrality. First proposed in a…

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Sophia Bekele aka AddisHilton, gives The SCOOP on her story of Balancing Life & Work and how Change is Controversial

People The SCOOP, features Sophia Bekele as “an international entrepreneur, ICT activist and fondly referred to as “AddisHilton”.   Her story depicts of a lady who found her niche in creating a balance between her work of narrowing the digital divide, challenging the status quo, and a life of leisure with global travel, exotic hobbies, and an upcoming book on Africa – certainly seem to have done a successful job of living life her way, as she says, “she has already lived a full life and wants now to lead by…

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GCIG: No Single Overarching Cyberspace Regime will emerge in near future

“There are many potential paths along which cyber norms may evolve” Like-minded states cooperating together, not an overarching global agreement, is likely to emerge as the primary way to avoid destabilisation in cyberspace, according to the first working paper of the Global Commission on Internet Governance (GCIG), an independent, non-partisan think tank on international governance. In The Regime Complex for Managing Global Cyber Activities, Professor Joseph S. Nye, Jr. said “it is unlikely that there will be a single overarching regime for cyberspace any time soon.” In his assessment of…

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Right to Be Forgotten? Europe’s Orwellian Internet Time Warp

Google

By David Kirkpatrick When the European Court of Justice—the rough equivalent of the U.S. Supreme Court—ruled that individuals have the “Right to Be Forgotten,” it took a dangerous step backward. Among many potential negative consequences, it could contribute to slowing global economic growth. The court endorsed a profoundly a historical, anti-technological argument about the supposed rights of individuals. The plaintiff, Mario Costeja Gonzalez, is a Spanish citizen who was joined by a Spanish government agency in arguing that Google ought not link to a 1998 newspaper mention of a real estate…

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Homeland Security says Don’t use Internet Explorer till bug is fixed

SAN FRANCISCO — The U.S. Department of Homeland security is advising Americans not to use the Internet Explorer Web browser until a fix is found for a serious security flaw that came to light over the weekend. The bug was announced on Saturday by FireEye Research Labs, an Internet security software company based in Milpitas, Calif. “We are currently unaware of a practical solution to this problem,” the Department of Homeland Security’s United States Computer Emergency Readiness Team said in a post Monday morning. It recommended that users and administrators…

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