Technology

PC Market Declines 3.7% in Q3 2018, Beats Expectations

Preliminary results for the fourth quarter of 2018 (4Q18) showed shipments of traditional PCs (desktop, notebook, and workstation) totaled just over 68.1 million units, marking a decline of 3.7% in year-on-year terms, according to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. The results slightly outperformed the forecast, which called for a […]

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Technology

Ericsson takes $687m Hit as it Changes Course in Services

Swedish mobile telecom equipment maker Ericsson will book charges of 6.1 billion crowns ($687 million) for the fourth quarter as it abandons an unsuccessful strategy for its loss-making Business Support System (BSS) unit. The unit provides real-time charging and billing products and had tried to scale up to help customers with large transformation projects but […]

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Technology

Robotic Process Automation Revenues in Banking & Financial Services to Reach $1.2bn by 2023

Robotic Process Automation (RPA) revenues in banking will reach $1.2 billion by 2023. With an estimated revenue above $200 million in 2018, this represents a growth of over 400% over the period. New data from Juniper Research analysed around 20 leading RPA vendors in terms of AI capability, product innovation and financial services specialisation. The […]

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White House Mulls New Year Executive Order to Bar Huawei, ZTE Purchases

President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by China’s Huawei and ZTE, three sources familiar with the situation told Reuters. It would be the latest step by the Trump administration to cut Huawei Technologies Cos […]

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Technology

Western Digital Expands Product Line in Nigeria

Western Digital Corporation, a global leader in data technology, has expanded its portfolio of data storage devices in Nigeria. The expansion will allow consumers to access a wide range of WD®- and SanDisk-brand products while positioning Western Digital as a premier data technology company for Nigerians. As part of the expansion, Western Digital has introduced […]

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Technology

Canadian Court Grant Bail to Jailed Huawei CFO

A Canadian provincial court weighing whether to grant bail to a top executive of Chinese telecoms giant Huawei Technologies, who is facing possible extradition to the United States, adjourned on Monday without deciding her fate. U.S. prosecutors want Chief Financial Officer Meng Wanzhou to be extradited to face accusations she misled multinational banks about Huawei’s […]

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Technology

iSON Wins SERAS Best Company Work Place Practices Award

iSON Xperiences, formerly iSON BPO, the leading Business Process Outsourcing firm, with a strong focus in sub-saharan Africa with presence in 14 countries was has been awarded ‘Best Work Place Practice” under the Sustainability, Enterprise and Responsibility Awards (SERAs) 2018. iSON Xperiences competed and defeated 55 companies in Africa to clinch the award in Lagos, […]

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Technology

Huawei CFO Seeks Bail on Health Concerns, as Canada Wants her in Jail

The CFO of China’s Huawei Technologies Co Ltd argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her health while incarcerated, court documents showed on Sunday. Huawei Chief Financial Officer Meng Wanzhou is fighting to be released […]

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BrandTech

GE Nigeria Launches e-learning Portal in Lagos

In line with its commitment to skills development and the empowerment of entrepreneurs in Nigeria, GE, the digital industrial company, has launched an e-learning portal for its Lagos Garage advanced manufacturing training program with the objective of extending the training program’s reach to thousands of Nigerians across the country. The portal was launched during GE’s […]

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Technology

Huawei Founder’s Daughter Arrested on U.S. Request

The daughter of Chinese tech giant Huawei’s founder has been arrested in Canada and is facing extradition to the United States, dealing a blow to hopes of an easing of Sino-U.S. trade tensions and rocking global stock markets. The shock arrest of Meng Wanzhou, who is also Huawei Technologies Co Ltd’s chief financial officer, raises […]

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