by Hope Media | Dec 15, 2016 | BUSINESS NEWS
Finnish telecom network equipment maker Nokia said it was planning to acquire Deepfield, a small IP network analytics company based in the United States. The price of the deal was not disclosed. Deepfield was founded in 2011 and it has about 65 employees. The deal is...
by Hope Media | Dec 15, 2016 | BUSINESS NEWS, news
Yahoo said Wednesday personal data from over a billion users was stolen in a hack dating back to 2013 — twice as big as another breach disclosed just three months ago. In a huge blow to the struggling internet pioneer, Yahoo said it made the discovery as it was...
by Hope Media | Dec 14, 2016 | BUSINESS NEWS, news
Elon Musk, the chairman and chief executive of SpaceX and Tesla as well as Uber Technologies CEO and co-founder Travis Kalanick and PepsiCo Chairman and CEO Indra Nooyi have joined U.S. President-elect Donald Trump’s advisory council, Trump’s transition...
by Hope Media | Dec 14, 2016 | BUSINESS NEWS
British Airways cabin crew have voted overwhelmingly for strikes in a dispute over pay, the Unite union says. More than 2,000 workers were balloted about the action, which will take place at Heathrow Airport. It comes after cabin crew rejected a...
by Hope Media | Dec 14, 2016 | BUSINESS NEWS
The Treasury has lined up a Sh500 million cash bailout for ailing supermarket chain Uchumi, in yet another government-backed rescue plan for the retailer. Uchumi’s proposed rescue package is contained in this year’s supplementary Budget estimates tabled in the...
by Hope Media | Dec 9, 2016 | BUSINESS NEWS
Kenya and Uganda have launched a comprehensive integrated master plan for Northern Economic Corridor as a blueprint for the development of infrastructure that will ultimately interconnect 6 countries in East and Central Africa. The Northern Economic Corridor connects...
