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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iHub appoints Mary Gicharu as new MD

iHub appoints Mary Gicharu as new MD

The iHub the pioneer tech hub in Kenya and home of Ushahidi and BRCK has announced appointment of Mary Gicharu as the new Managing Director effective May 8, 2017. Ms. Gicharu will continue with the implementation of the strategy and operating model of iHub 2.0. She brings over fifteen years of experience and demonstrated performance from globally respected firms within the U.S. and recently at a Pan-African Bank within Kenya. She is formerly worked for Morgan…

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SportPesa is LaLiga’s Official African Betting Partner

SportPesa is LaLiga’s Official African Betting Partner

Global gaming firm SportPesa has agreed a monumental partnership deal with LaLiga. The deal will span an initial three years, the agreement will aim to help LaLiga grow and engage with fans within Africa, a key strategic territory. SportPesa will in turn become LaLiga’s first ever Official African Betting Partner, continuing an ongoing trend of world-firsts for the gaming brand. The firm announced on its website Quick Read: SportPesa signs a 3 year Sponsorship deal…

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OLX partners with E-Escrow for secure online transactions

OLX partners with E-Escrow for secure online transactions

The online classifieds portal, OLX has partnered with E-Escrow to enable OLX users securely transact online and receive purchased goods via delivery. This follows other marketplace start-ups, AirBnB, Uber and Lyft who have made trust and safety amongst their online users priority, something that has translated to their success. OLX first among two key strategies is to ensure high content quality. This involves a team of moderators who are experts that check for all 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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Just a quarter of British businesses have cyber security accreditations

Just a quarter of British businesses have cyber security accreditations

A survey by the British Chambers of Commerce (BCC) of more than 1,200 businesses has revealed that only a quarter of businesses have cyber security accreditations in place, such as the UK government’s Cyber Essentials Scheme or ISO 27001 this is despite the extstence 21% of businesses believe the threat of cyber crime is preventing their company from growing. Quick Read: Kenya Cyber Security Report: Over 30 Firms Fall to Hackers Daily The survey also…

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Uber’s President Jeff Jones Resigns

Uber’s President Jeff Jones Resigns

In an escalating series of happenings that are set to dent the struggling Uber reputation further, the  Uber’s President Jeff Jones has stepped down adding to a growing list of key executives the ride-hailing company has lost in recent weeks. Quick Read: Lyft expands to 54 more US cities as Uber dents reputation Jeff was hired as president just six months ago and the chain of executive departures doesn’t help the organization as the ride-hailing…

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CNN Features Kenyan Eco-preneur Recycling Waste Plastic to Fencing Posts

CNN Features Kenyan Eco-preneur Recycling Waste Plastic to Fencing Posts

Who needs to cut trees for posts anymore when we have long lasting fencing material from recycled plastic from more than 2,000 metric tons of waste a day in Kenya? Quick Read: Here is how to name your business, 4 Tips from Richard Branson The CNN has covered the talented eco-preneur  Lorna Rutto and inspirtional founder of EcoPost, a social enterprise created in response to the need to find alternative waste management solutions to Kenya’s huge plastic…

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Major Tech Reshuffle at Telcom Kenya, Aldo Mareuse takes over as CEO from Vincent Lobry

Major Tech Reshuffle at Telcom Kenya, Aldo Mareuse takes over as CEO from Vincent Lobry

There is a major leadership shakeup and corporate realignment at the 3rd largest Kenyan telcom company Telcom, this is after Aldo Mareuse formally takes the reigns as CEO of Telkom Kenya, replacing Vincent Lobry who was appointed in late 2014. The changes come weeks into a UK-based private equity firm Helios Investment Partners Ltd took over Kenya’s sole fixed line operator Telkom Kenya Ltd. The reports by EastAfrican established that Helios acquired a 60 per…

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Mallence Bart-Williams Stinging TEDx Berlin Talk on Africa’s Systematic Exploitation, Inverted Currency Rates and Aid

Mallence Bart-Williams Stinging TEDx Berlin Talk on Africa’s Systematic Exploitation, Inverted Currency Rates and Aid

TED a nonprofit founded in 1984 is a talk show devoted to spreading ideas, usually in the form of short, powerful talks. One of its other categories independently organized TEDx events hosted one of the most powerful and stinging talks by Mallence Bart-Williams a Sierra Leonean writer and filmmaker and a German fashion designer born in Cologne, Germany. Mallence Bart-Williams eloquently listed some pertinent historical questions that have never been answered. The gaping imbalance existing,…

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