Business Issues

Rimini Street files countersuit against Oracle

Oracle on Monday was hit with a counterclaim by Rimini Street, the third-party software maintenance provider it sued in January over alleged intellectual property violations.  read more »

Bharti backs off Zamtel buy, aims at Zain

Singapore Telecommunications' offer to help Bharti Airtel's US$9 billion acquisition of Zain Africa's operations has led Bharti to abandon its bid to buy the Zambia Telecommunication Company (Zamtel).  read more »

Corruption charges spur Nigeria to probe sale of Nitel

Nigerian President Goodluck Jonathan has set up a panel to probe the sale of Nitel and its M-tel arm following complaints that the bidding process was manipulated and bribes were offered.  read more »

MTN CEO to step down

Phuthuma Nhleko, group president and CEO of Africa's largest mobile operator, MTN, has relinquished his position after eight years at the helm of the company.  read more »

Motorola will split up in Q1 2011

Motorola will be split into two publicly traded companies in the first quarter of next year, with one focusing on handsets and home entertainment devices and the other on making enterprise communications gear, the company said Thursday.  read more »

Macworld 2010 refocuses for new era, without Apple

Attending a Macworld Expo without Apple may seem like going to a rock concert to see the opening acts, but despite lacking the rock star presence, the show will go on nonetheless.  read more »

ISOC award winners found tech center in remote Kenyan town

The remote lakeside town of Kendu Bay in the Karachuonyo district of Kenya is expected to get a lift after winners of an Internet Society (ISOC) award decided to set up an academy that will extend Internet technical skills in the country.  read more »

Problems hit new Oracle support site again

Problems once again wracked Oracle's new My Oracle Support portal this week, with some users reporting difficulties accessing the site.  read more »

Zain CEO resigns without explanation

Zain CEO and Deputy Chairman Saad Al Barrak has resigned, the Africa and Middle East regional mobile operator announced, offering no explanation for the resignation and raising fears about the company's growth strategy, especially in Africa.  read more »

AOL posts modest profit but revenues decline

AOL's revenues dropped 17 percent due to declining subscriptions and a weak online advertising market as the company reported its first quarterly financial figures since spinning off from Time Warner.  read more »

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