Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year to concentrate on philanthropy and education, passing on the reins to trusted lieutenant Daniel Zhang. Ma, who turned 54 on Monday, has long flagged plans to step back, insisting that Alibaba management should […]
Read MoreAlibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being. Ma will announce the plan on his 54th birthday and the handover strategy will stretch over […]
Read MorePresident Donald Trump’s administration warned Wednesday of a possible legal crackdown on big technology companies over competition or political bias, in a bombshell announcement that came as social media executives were defending their policies before lawmakers. The Justice Department statement appeared to escalate a war between the administration and Silicon Valley after a series of […]
Read MoreApple said yesterday it will host an event on 12 September at the Steve Jobs Theatre in the company’s Cupertino, California, campus, where it is widely expected to unveil new iPhone models. Analysts believe Apple plans to release three new smartphones this year, including one with a larger display than previous models. Analysts also expect […]
Read MoreThe desired impact that the ICT sector requires to replace the oil and gas industry as the next revenue earner for the Nigerian economy can only be achieved through policies that are favourable. Stakeholders in the sector who spoke at the at The Nigeria Information Technology Reporters Association (Nitra) Quarterly Forum with focus on the […]
Read MoreAs part of her visit to Nigeria on a three-day, three-nation trip to Africa, the British Prime Minister, Theresa May will visit Lagos. The premier, who is currently in a meeting with President Muhammadu Buhari at the presidential villa, Abuja, will fly to Lagos where she will meet with business leaders and announce the formation […]
Read MoreFew modes of transport evoke such a sense of history and romanticism as rail. The first recorded use of rail transport was around 500BC, when ancient Greeks used a rail-like system-most likely powered by humans or horses – to carry boats across where the Corinth channel currently is. In the 1400s, German miners used wooden […]
Read MoreAvanti Communications Group Plc (“Avanti”), a satellite operator and provider of satellite data communications services in Europe, the Middle East and Africa (“EMEA”), has signed a HYLAS 4 Master Distributor contract with iWayAfrica, a pan-African service provider proving telecommunication solutions across the African continent, to provide satellite broadband services across Sub-Saharan Africa. The contract will […]
Read MoreResearch and advisory firm Gartner has unveiled the key technologies that would have high impact on the African economy. The 2018 Gartner, Inc. Hype Cycle for information and communication technology (ICT) in Africa, released this week featured five technologies that will have a high business impact within two years. “Africa is entering an important stage […]
Read MoreThe Managing Director, WAPIC Insurance Plc, Mrs Adeyinka Adekoya, has said that the company is committed to providing solutions on how to mitigate risks in the ICT sector, especially in a volatile economic situation. She said this during a seminar organised by the company with the theme ‘Mitigating risks in the telecoms and ICT industry: […]
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