By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-One of Nigeria’s leading lenders, United Bank for Africa Plc, (UBA) Wednesday announced the resignations of Emmanuel Nnorom and Abdulkadir Bello as non-executive directors. The bank in later dated March 25, 2014 and signed by Bili Odum, group company secretary to the bank said the […]
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Facebook to buy virtual reality goggles maker for $2 billion
Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal. The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks […]
Cisco joins cloud computing race with $1 billion plan
Cisco Systems Inc plans to offer cloud computing services, pledging to spend $1 billion over the next two years to enter a market currently led by the world’s biggest online retailer Amazon.com Inc. Cisco said it will spend the amount to build data centers to help run the new service […]
