Company

A Federal High Court in Lagos on Wednesday adjourned until October 29 hearing in a suit filed by MTN Nigeria Communication Ltd against the Attorney-General of the Federation over N242 billion and $1.3 billion import duties and withholding tax assessments. Agency reports disclosed that MTN instituted the suit by a writ, dated September 10, 2018, […]

Google’s privacy woes are set to increase after campaigners on Tuesday filed complaints to data protection regulators in France, Germany and seven other EU countries over the way it deals with data in online advertising. The criticism mirrored a complaint filed by privacy-focused web browser Brave in Ireland and Britain which triggered an investigation by […]

Sharp Corp, on Wednesday, said it would re-enter the U.S. TV market later this year, adding that it had effectively regained the license for its own TV brand sold to China’s Hisense Group four years ago. The move is part of Sharp’s growth strategy after a dramatic turnaround at the Osaka-based firm since it was […]

China-based Huawei outsold Apple’s iPhones in the first quarter of this year, seizing the California company’s second place spot in a tightening smartphone market dominated by Samsung, a tracker said Tuesday. A total of 310.8 million smartphones were shipped globally during the first three months of this year in a 6.6 percent decline from the […]

China has made proposals in talks with the United States on a range of issues that go further than it has before, including on forced technology transfer, as the two sides work to overcome obstacles to a deal to end their protracted trade war, U.S. officials told Reuters on Wednesday. U.S. President Donald Trump imposed […]

U.S. Transportation Secretary Elaine Chao said on Wednesday it was “very questionable” why some safety features were not required on the Boeing Co 737 MAX, ahead of a much-anticipated Senate hearing where leaders in her department will be questioned about two recent 737 MAX crashes. Chao stopped short of saying the government would require retrofitting […]

Bank of Valletta, which accounts for almost half of Malta’s banking transactions, shut down all of its operations on Wednesday after detecting a cyber attack, the company said. The bank said it had closed its branches and ATMs on the small Mediterranean island after realizing hackers were trying to access its systems. Its website was […]

Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign.  Stone joined the owner of Snapchat last May after spending two decades with Amazon.com Inc, replacing Andrew Vollero,  who was responsible for taking […]