Business

Yahoo Says All Three Billion Accounts Hacked In 2013 Data Theft

Yahoo on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, in a disclosure that attorneys said sharply increased...

UK’s SFO To Charge Afren Ex-CEO, COO Over Nigeria Deals

Britain’s Serious Fraud Office said on Tuesday it will bring charges against two former executives of collapsed oil company Afren this week over alleged fraud relating to business deals in Nigeria. The SFO said it would bring the charges on...

Nigeria’s NPDC Says To Raise Output To 300,000 Bpd By 2018

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The main subsidiary of Nigeria’s state oil company said on Monday it planned to increase production from fields in which it owns stakes to 300,000 barrels per day by 2018 from the current level of 180,000 bpd. Nigerian Petroleum Development...

UBA Disrupts Market, Delights Customers With Callback Technology

SAN FRANCISCO, September 25, (THEWILL) - It would appear that the United Bank for Africa Plc has carved a niche for itself and gone way above its peers with its deployment of Al-powered Callback Technology. The Al-Powered Callback Technology is...

Walt Disney Threatens To Pull ESPN, ABC From Optimum

Walt Disney Co (DIS.N) has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable company said on Sunday. New...

Apologizing To London, Uber CEO Offers Change To Keep License

Uber’s new boss Dara Khosrowshahi apologized to Londoners for the taxi app’s mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its license in one of its...

EU Seeks More Protection For Uber-Style Jobs

The European Commission said on Monday it wants more social protection and rights for workers on short-term and other non-standard contracts to tackle growing inequality. The Commission’s consultation document on these plans is part of a broader reworking of EU...

London Refuses To Renew Uber’s Licence For Security Reasons

BEVERLY HILLS, September 22, (THEWILL) - Transport for London (TfL) has said it will not issue a new operating licence to Uber citing public safety and security concerns. TfL said the luxury taxi service is “not fit and proper” to operate...

Facebook Donates $1 Million To Aid Victims Of Mexico Earthquake

Facebook says it will give $1 million to the Red Cross in Mexico to help rebuild areas that were decimated by a powerful earthquake this week. The tech giant said in addition to its gift to Cruz Roja Mexicana, a...

Swiss Shut Down ‘Fake’ E-Coin In Latest Cryptocurrency Crackdown

Switzerland’s financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on the risks involving virtual money. The move by the...