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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

Over the last decade Africa has gained a reputation for global leadership in mobile money, with Kenya at the forefront, but up to now financial services via mobile phones have not taken deep root in the continent’s most populace country — Nigeria. With the new licenses, banks are set to face some challenges from the telecommunications sector.

Licensing 111
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The Legal Challenges of the Internet of Things

CTOvision

The problem is, it is easier than ever for manufacturers to integrate data storage, but oftentimes the privacy and legal repercussions of the Internet of Things (IoT) are not considered. Here are a few legal aspects for businesses to consider when it comes to the Internet of Things. Internet-connected devices pose a challenge.

Internet 150
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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.

HP 105
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Robin Hood of the Internet or the apocalypse of an industry

Dataconomy

This rampant practice poses significant challenges to the creative industries, encompassing film, music, publishing, software development, and gaming. Digital piracy encompasses the unlawful replication or dissemination of copyrighted material through the vast realm of the Internet.

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After Log4j, Open-Source Software Is Now a National Security Issue

Gizmodo

For years, developers of free, open-source software have been telling anyone who will listen that their projects needs better financial assistance and more oversight. Now, after a number of disastrous incidents involving open-source code, the federal government and Silicon Valley may finally be listening. Read more.

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British-Indian team puts in a winning $1B bid for OneWeb satellite broadband venture

GeekWire

which is part of the world’s third-largest mobile operator, have successfully bid more than $1 billion to acquire the bankrupt OneWeb satellite broadband internet venture. At one point, Amazon was rumored to be interested in bidding on OneWeb’s assets , including its spectrum licenses, but nothing came of those rumors.

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Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

GeekWire

Porch also disclosed its preliminary financial results for 2020, saying that it expects a net loss between $53 and $55 million for the year, about $20 million further into the red than previously projected in its public filings. Porch detailed the financial impact of its latest acquisitions in a presentation to investors.