Business

Microsoft Sued Over Browser Miscue That Led To $731 Million EU Fine

Microsoft Corp's board faces a lawsuit over the way it handled an error with its Internet Explorer browser that ended up costing the company a record-breaking $731 million fine by European antitrust regulators. The lawsuit, brought by shareholder Kim Barovic...

Unified Payments Offers Value Added Services Via Payarena

Unified Payment Services Limited, the leading Payments Industry Service Provider announces the introduction of a new service platform, known as Payarena. Payarena offers customers access to Value Added Services which include purchase of Airtime (Virtual Top Up, Prepaid PINs, Blackberry...

Exclusive: SEC Eyes Test That May Lead To Shift Away From ‘Dark Pools’

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U.S. securities regulators are considering testing a proposed reform that could drive business to major stock exchanges and away from alternative trading venues such as "dark pools" that critics say may be hurting investors by reducing the quality of...

Google To Sell Glass To Public Next Week

Google Inc will take online orders for its Glass wearable gadget on April 15, in its biggest push to get the $1,500 wraparound Web-ready glasses out to the U.S. public. For a limited time starting Tuesday, Google will make the...

BlackBerry May Consider Exiting Handsets, Eyes Investments

BlackBerry Ltd would consider exiting its handset business if it remains unprofitable, its chief executive officer said on Wednesday, as the technology company looks to expand its corporate reach with investments, acquisitions and partnerships. "If I cannot make money on...

Motorola Mobility Names Rick Osterloh As COO Ahead Of Lenovo Buy

Motorola Mobility has named Rick Osterloh as its chief operating officer, reporting to the Motorola Operating Board at Google Inc until its acquisition by Lenovo Group Ltd is completed. The appointment was made public on Wednesday on Motorola's official blog...

Deutsche Bank Employee Was Suspended Over Singapore Central Bank Communication: Source

A Deutsche Bank (DBKGn.DE) employee responsible for its foreign exchange business with central banks was suspended because the bank identified potentially inappropriate communication with the Monetary Authority of Singapore, a source familiar with the matter said on Thursday. Kai Lew,...

Adoke Withdraws N10.2bn Libel Case Against Melaye

SAN FRANCISCO, April 09, (THEWILL) – Relief came on Wednesday for an anti-corruption crusader and former member of the House of Representatives, Mr. Dino Melaye, as the Attorney General of the Federation (AGF) and Minister of Justice, Mr. Mohammed...

Toyota To Recall 6.58 Million Vehicles For Steering, Seat Problems

Toyota Motor Corp will recall 6.58 million vehicles globally to fix faults in the steering and seats, a company draft statement showed on Wednesday, in one of the largest recalls to date in the global auto industry. The world's biggest...

World Bank Approves $140m For Nigeria Community Development

The World Bank has approved $140 million additional support for community development in Nigeria. Twenty six out of 36 states of the federation are to benefit from the project which will focus on the most vulnerable households in the country. A...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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