Business

Facebook gaining not waning in Africa

Business, Internet, social media
This week marks the tenth anniversary of the inception of Mark Zuckerberg’s global social network giant Facebook. In October 2013 the Company reported financial results for the third quarter, which ended September 30, confirming its attraction of 728 million daily active users, representing a year-on-year increase of 25%. It has also built up a 1.19 billion-strong monthly active user base. However, global media reports in the beginning of 2014 speak of possible weaknesses in the social network fortress, particularly in terms of appeal to a younger demographic of users – teenagers, to be specific. In a Cnet.com report entitled Why teens are tiring of Facebook author Jennifer Van Grove states that “Facebook has become a social network that’s often too complicated, too risky, and, above al

Satya Nadella to replace Steve Ballmer as Microsoft CEO

Business
Relatively unknown, who had headed Microsoft's cloud computing division, becomes only third boss in tech giant's history Microsoft has settled on a relative unknown as its replacement for long-time CEO Steve Ballmer. India-born Satya Nadella, 46, head of the company's cloud computing division and enterprise business, was appointed after a team of headhunters concluded a five-month search that included some of the most world’s most famous executives. “During this time of transformation, there is no better person to lead Microsoft than Satya Nadella,” said Bill Gates, Microsoft’s co-founder. “Satya is a proven leader with hardcore engineering skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced around the world i

Five African startups from Nigeria, Uganda and Kenya Get Grants From Microsoft 4Africa

Business
Committed to helping Africa improve its global competitiveness, the software giant, Microsoft Corp. has said that five African startups from Nigeria, Uganda and Kenya will get innovation grants designed to provide the financial support needed to cross borders and empower the next generation of developers and entrepreneurs in Africa. Microsoft 4Africa initiative is expected place tens of millions of smart devices in the hands of African youth, bring 1 million African small and medium-sized enterprises online, upskill 100,000 members of Africa's workforce, and help an additional 100,000 recent graduates develop skills for employability, 75 percent of whom Microsoft will help place in jobs. Accordingly, the grant, Microsoft said is part of the company's 4Afrika Initiative, which was...

Google infringed patents, must pay 1.36 percent of AdWords revenue

Business
Court :Holding company Vringo used old Lycos patents to wrest a win worth many millions. Vringo is a tiny company that purchased some patents from Lycos, an old search engine, in 2011 and then used those patents to sue Google. In December 2012, Vringo won $30 million in a jury trial, but that was far less than the hundreds of millions it was seeking. Today, Vringo got the payout it was looking for: a 1.36 percent running royalty on US-based revenue from AdWords, Google's flagship program. US District Judge Raymond Jackson had already ruled last week (PDF) that the AdWords program, which was tweaked by Google after the Vringo verdict, wasn't "colorably different" than the old infringing program. He gave Google and Vringo one last session to hammer out a royalty rate, and when they could...

Is Windows 8 ‘the New Vista’ ?

Business
Microsoft employees reportedly refer to Windows 8 as "the new Vista," a nickname guaranteed to make company executives cringe -- and a perception that's hastening the arrival of Windows 9. Respected blogger Paul Thurrott, who covers Windows on WinSupersite.com, disclosed the nickname in a tweet. "Can we call Windows 8 the new Vista? Not so fast, analyst says." Call it what you want. That's what they call it inside of Microsoft. — Paul Thurrott (@thurrott) January 17, 2014 Although Windows 8 has received a somewhat warmer welcome from IT professionals and end-users than Vista (How could it have been colder?), Win 8 has suffered from slow sales traction. More than a year after it debuted, Win 8 (plus Win 8.1) passed the 10 percent marketshare figure, according to NetMarketshare. Over