Tech giant Apple has acquired Chinedu Echeruo’s HopStop.com. HopStop.com makes mobile applications for both iOS and Android that covers over 300 cities and that helps people get directions or find nearby subway stations and bus stops. The terms of the deal have however not yet been disclosed. Chinedu Echeruo founded HopStop in...
The global head of TMT for Africa’s largest bank, Standard Bank, is predicting continuing deal flow and increasing investment in Africa’s flourishing telecom, media, and technology sector in 2018, against a backdrop of improving economic growth and increasingly stable currency outlook across key markets such as Nigeria. Speaking ahead of the TMT...
Google chairman Eric Schmidt has acknowledged a Kenyan innovation that allows cellphone users to charge their phones using their shoes, describing it as “innovation from the ground up”. The chairman, who visited the Kenya earlier in the year, posted to almost 600,000 Twitter followers and praised the technology developed by...
As customer experience becomes the primary competitive advantage in business, the role of the contact centre is changing significantly. But whether it becomes the heart of the business or a component of the bigger machine depends on the business, say African contact centre experts. This emerged in interviews conducted by...
Cisco Systems has revealed that it would acquire SolveDirect, a privately held enterprise software company based in Vienna, Austria to boost Cisco's growing portfolio of products for cloud computing environments.The terms of the acquisition were not disclosed. Cisco is the No. 1 maker of computer networking gear such as switches and routers...
MTN has crashed out of the race to win a telecommunications licence in Asia’s Myanmar, one of the last frontiers in the world for mobile operators. Norway's Telenor and Qatar's Ooredoo have been awarded telecommunications licences in that country. Presidential spokesperson Ye Htut announced the results in a statement on...
Last Month I talked about how Snapchat joined the $10 Billion dollar valuation club  and Snapchat being a company with no source of revenue this did not make a lot of a sense until a report from ComScore revealed how Snapchat is the #3 Social App among the Millennials. The three leading companies in...
Stanbic Bank Uganda in March launched their cashless campaign dubbed; Blue Weekends that allows its customers pay, as well as receive discounts through their Point-of-Sale (POS) terminals. The official launch event that was held at Monot hangout bar in Bugolobi, Kampala graced by some of Uganda finest musicians that...
Facebook Inc. on Monday launched a communications tool for businesses, nonprofits and other organizations, dubbed 'Workplace'. The platform is not connected to users' existing Facebook accounts but instead, businesses sign up for an account as an organization and pay a monthly fee based on the number of users. It's free for...
Analysts from financial services firm Morgan Stanley have predicted that Microsoft will reach USD$1 trillion in market value within a year. In a new report to investors late on Monday, the firm put a 12-month price target of USD$130 on Microsoft's stock, up from USD$94 per share. According to technology website Geekwire, shares of...