Facebook Slapped with €110m Fine For Misleading on WhatsApp deal

Facebook Slapped with €110m Fine For Misleading on WhatsApp deal

The antitrust regulators arm of the European Union has slapped Facebook with a  €110 million fine on Thursday for giving misleading information the vetting of its WhatsApp acquisition deal in 2014. The fine is however, it’s 700 times greater than what the fine charged by the French data protection authority, CNIL, on Tuesday this week for actual breaches of privacy law involving such activity matching.  The EU’s competition watchdog Calling it a “proportionate and deterrent…

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Jamii Telecom of the Faiba brand gets 4G License

Jamii Telecom of the Faiba brand gets 4G License

Jamii Telecoms has recieved the 700MHz frequency that could allow the company widely known for its Faiba brand to operate 4G as well as mobile phone services with prefix 0747 on what the authority says is a “trial”. Despite the progress, other telecommunications companies have written to Mr Francis Wangusi, the Communications Authority (CA) director-general, protesting the decision and questioning why the licence for the 700MHz frequency – given to Jamii Telecoms which was not auctioned…

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BrighterMonday new portal cuts recruitment process by 40%

BrighterMonday new portal cuts recruitment process by 40%

Ringier Africa’s BrighterMonday the leading jobs website in East Africa with over 10 years experience in hiring & recruitment, has introduced a new and improved Employer Centre to help streamline the hiring process – saving on recruitment time. Building upon their database of jobseeker profiles, the easy-to-use online tool makes it faster and easier to post job ads. Then employers can reject, review, shortlist, offer and hire candidates – solving the issue of having to…

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Rocket Internet’s Jumia made a €92 million loss in 2016

Rocket Internet’s Jumia made a €92 million loss in 2016

The Berlin-based startup consortium Rocket Internet shrunk its losses and boosted sales in its key startups. The investors are betting that Rocket improve its businesses after criticizing the startup incubator’s reporting for a lack of transparency and questioning Chief Executive Officer Oliver Samwer’s ability to turn profits from units that operate in commodity sectors in challenging markets. The CEO has vowed to make three businesses profitable by the end of the year, a target the…

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Orange Bank to go online as Telkom Kenya replaces Orange Money

Orange Bank to go online as Telkom Kenya replaces Orange Money

The French telco Orange is launching a bank late this year in France. According to media reports, Orange CEO Stéphane Richard listed some of the features behind Orange Bank this morning at a press conference. Users will be able create an account in an Orange store or online for free and you don’t have to be an Orange customer. Some of the features include ability to control your payment card directly from your phone. All…

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Nairobi Hosts FT Africa Payments Innovation Summit

Nairobi Hosts FT Africa Payments Innovation Summit

The FT Africa Payment Innovation Summit will be held tomorrow in Nairobi at the Radisson Blu Hotel and speakers include, Patrick Njoroge Governor Central Bank of Kenya, Bob Collymore, CEO Safaricom,  Jeremy Awori Chief Executive Officer Barclays Kenya and will be moderated by experts that include:  David Pilling Africa Editor Financial Times,  John Aglionby, East Africa Correspondent Financial Times and Joy Macknight Deputy Editor The Banker The theme of the event is “Enhancing interoperability, security…

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Apple, Facebook, Google, Microsoft, 97 Tech firms file Amicus Brief To Block Trump’s Travel Ban

Apple, Facebook, Google, Microsoft,  97 Tech firms file Amicus Brief To Block Trump’s Travel Ban

Nearly 100 Tech companies including Apple, Facebook, Google, Microsoft, Github, Uber, and Lyft have asked  the Federal Court to Block Trump’s travel ban. President Trump’s ban on immigration targeted seven majority-Muslim nations namely Iraq, Iran, Yemen, Libya, Somalia, Sudan and Syria.  The companies have termed the executive order unlawful, discriminatory and arbitrary and saying that it would hurt their businesses. Extra Read: Apple vs FBI: Google, Microsoft, Facebook, Amazon, Twitter, Tech Giants Join In To Fight…

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Uber App Downloads Take Huge Hit after #DeleteUber Campaign, Lyft Benefits

Uber App Downloads Take Huge Hit after #DeleteUber Campaign, Lyft Benefits

The ride-sharing app Lyft which is so far the strongest competitor of Uber has benefited with more downloads from a huge hit that Uber  has taken following the viral #DeleteUber campaign. Lyft has now for the first time in the U.S. on Sunday recorded more downloads than Uber on iOS App Store. Quick Read: Uber Cab Disruption, How Local Taxi Industry Can Fight Relegation The apparent unrest toward Uber flared after the taxi hailing app…

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Ringier Africa’s Cheki Kenya launches WhatsApp chat for real-time support

Ringier Africa’s Cheki Kenya launches WhatsApp chat for real-time support

Number one car selling website Cheki.co.ke has unveiled a WhatsApp broadcast in a move to cater for customer needs in real time and boosting customer satisfaction Extra Read: Uber Cab Disruption, How Local Taxi Industry Can Fight Relegation The website that belong to Ringier One Africa Media’s car Club will allow consumers to interact and interact on everything cars including, new car purchases, ownership, and maintenance. The WhatsApp chat line will broadcast alerts on new…

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Nigerian top blogger takes on Facebook with own social network that pays users

Nigerian top blogger takes on Facebook with own social network that pays users

Nigeria is Africa’s most populous nation and with it one of the top bloggers, Linda Ikeji who remains of the continents known famous news and gossip tabloid writers. Extra Read: Young African Student declines work at Microsoft and Google to build BAE dating app for black singles Ikeji’s popular Nigerian blog which boasts of approximately 7 million page hits daily is now 10 years old, when she was modeling, and came across a blog post…

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