January 8th, 2020 — Miscellaneous
The cyber hacking saga at Travelex continues as media reports now suggest the international foreign currency dealer has fallen prey to a ransomware attack with a group called Sodinokibi claiming responsibility for the incident and demanding a US$6 million payment to restore systems.
January 3rd, 2020 — Miscellaneous
Travelex, the international foreign currency seller suffered a software virus attack on New Year’s Eve and has been forced to take down its website as a result of the incident. The company has resorted to carrying out transactions manually, providing foreign exchange services over the counter in its branches.
December 20th, 2019 — Miscellaneous
Phuthuma Nhleko, the MTN Group CEO who led the company on an acquisition trail that turned it into an emerging markets powerhouse, has stepped down from its board of directors. Nhleko, who has served as MTN’s chairman since 2015 after relinquishing the CEO role in 2011, resigned this week as non-executive chairman.
November 26th, 2019 — Miscellaneous
Ericsson expects the global number of 5G subscriptions to top 2.6 billion within the next six years, according to its November 2019 edition of the Ericson Mobility Report.
November 11th, 2019 — Miscellaneous
I was recently visiting London and came away surprised by just how far the awareness-raising campaign for Expo 2020 has broken through internationally. Billboards and prime-time television commercial spots communicated the virtues of the upcoming “world’s greatest show,” which at fewer than 50 weeks away, is fast becoming a reality.
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