Author: Staff Writer

Zurich, Switzerland: Chairwoman of GEDA Group gives a Thought Leadership Keynote at the Quantum Global Symposium

Staff Writer

The Founder and Chairwoman of GEDA Group Sophia Bekele was invited to speak on a Thought Leadership Keynote Panel, held by Quantum Global Advisory Board Symposium on 19th November 2015, Zurich, Switzerland, convened at the Zürich Marriot Hotel. The Symposium was focused on the essential role and growing impact of female African entrepreneurs, business women and innovators on the Continents burgeoning growth trajectory and wider socio-economic development. Africa has the greatest potential and as such has experienced tremendous interest from the global frontier especially on information technology and more so…

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What’s next for Yahoo’s future of its core Internet Business

Staff Writer

WHAT’S NEXT? Yahoo is preparing to discuss the future of its core Internet business and its stake in Alibaba, the Chinese e-commerce giant. “Yahoo’s management has faltered in its efforts to turn around its core business and it faces investor pressure to take more dramatic moves, though the people familiar with the plans say no transaction is assured,” the Wall Street Journal reports. “If Yahoo decides to sell its core Internet business, it could put into motion a deal for the Alibaba stake as well as its 35% stake in…

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Guarding your online brand against cybersquatters

Staff Writer

If you had a business called Widgets R Us and somebody set up shop right next door with a business called Widgets R U, you’d probably be a bit miffed. Especially if the interloper then demanded money to move elsewhere. cybersquatters: But this sort of thing is happening all the time online. It’s called cybersquatting – buying up website addresses, or domain names, that sound very similar to existing well-known brand names. When Google recently launched its new parent company Alphabet, and the abc.xyz web address, there were more than…

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Study: Retailers Ignore Over 80% of Customers’ Requests via Social Media

Staff Writer

Sprout Social has found most that merchants fail to respond to consumer questions on Facebook and Twitter, a problem compounded during the holiday shopping season when the volume of requests increases. The stats from the Spout Social’s Q4 2015 Index are damning. Retailers failed to respond to more than 80 percent of consumer questions and requests on social media in the last year. And the cold shoulder from merchants was coldest when you’d think they could least afford it, during the holiday shopping season. During the fourth quarter of 2014,…

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How can Financial Institutions make IoT Technology payoff?

Staff Writer

Deloitte have produced a new fascinating report about the size of the market for the Internet of Things (IoT).  Here’s the management summary and you can download the whole report here . Can financial services, which deals mostly with the intangible, benefit from Internet of Things technology? Absolutely—and not only from more and better data about clients’ physical assets. IoT Technology applications aim to transform finance along with every other sector. IoT may be as broadly transformational to the financial services industry as the Internet itself, and leaders should make…

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San Francisco Gets Its Own Cellular Network For The ‘Internet Of Things’

Staff Writer
Liquid Telecom

Internet Of Things: Sigfox’s answer is a wireless network that specializes in communicating with millions of low-power devices that don’t deal with large streams of data. The Toulouse, France-based company’s network is already covering almost all of France and Spain. Now Sigfox is pushing hard into the US. At an event on Tuesday, the company is announcing it has complete coverage of San Francisco, and is planning an Internet Of Things coverage for a total of 10 US cities by the first quarter of 2016: San Francisco, New York, Boston, Los…

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Huge U.K. TalkTalk telecom puts at risk 4 Million British Broadband Customers

Staff Writer

British broadband provider TalkTalk has admitted that all of its 4 million customers’ names, addresses, dates of birth, email addresses, phone numbers and bank details may have stolen by hackers. The telecommunications company was attacked on Wednesday, and says all of its customers could have been affected by the breach. The police, who launched an investigation yesterday, have described the distributed denial of service (DDoS) attack as ‘significant and sustained’. TalkTalk, meanwhile, says its site is now secure again, and will contact each of its customers to explain the situation…

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25% internet users’ account hacked in 2015 says Kaspersky Lab Report

Staff Writer

MUMBAI: If you are on the internet, chances are that your Gmail, Facebook or Twitter account was hacked in last few months. According to a latest research by Kaspersky Lab study one in four internet users had at least one of their online accounts hacked. In most cases unauthorised messages were sent out in the users’ name with a malicious link included and the loss or theft of personal data, the study said. According to another study by the lab just about 38% of the users create strong passwords and…

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Dell Acquires data storage company EMC Corporation for $67 billion

Staff Writer

Computer technology giant Dell and private-equity firm Silver Lake on Monday acquired data storage provider EMC for roughly $67 billion, a $33.15-per-share deal that represents the largest in technology industry history. According to the press release, the deal looks like this: Under the terms of the agreement, EMC shareholders will receive $24.05 per share in cash in addition to tracking stock linked to a portion of EMC’s economic interest in the VMware business. The deal’s $33.15 per-share cost represents a 28% premium above EMC’s closing price on Oct. 7, when the…

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WTO members reach landmark $1.3 trillion IT products trade deal

Staff Writer

WTO members representing major exporters of information technology products agreed on 24 July 2015 to eliminate tariffs on more than 200 such products. In a meeting  at the WTO headquarters in Geneva, a tentative accord reached by 54 WTO members on 18 July was confirmed as the basis for implementation work to begin. Ministers from the participating members will now work to conclude their implementation plans in time for the WTO’s 10th Ministerial Conference which will be held in Nairobi this December. “Today’s agreement is a landmark,” said WTO Director-General Roberto Azevêdo.…

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