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Cisco, Huawei Record Increased Revenue in 3Q

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Cisco’s and Huawei’s 3Q13 results showed impressive increase margin, with Ploycom witnessing a decline during the period

The International Data Corporation (IDC) Worldwide Enterprise Videoconferencing and Telepresence QView showed that Cisco recoded a 17.9% quarter-over-quarter revenue increase and Huawei 43.2%.
 
Also, the QView showed mixed results for the third quarter of 2013 (3Q13), with overall videoconferencing equipment revenue increasing 8.2% quarter over quarter, but declining -9.7% year over year. Total worldwide enterprise video equipment market revenue in 3Q13 was approximately $576 million.
 
From a market segment perspective, the quarterly revenue growth was positive across all segments, while the yearly revenue growth was just the opposite.

Multi-codec immersive telepresence equipment revenue was up 13.1% quarter over quarter, but still declined -16.3% year over year.

Similarly, video infrastructure equipment, including hardware MCUs and other video-related products, increased 13.7% quarter over quarter, but declined -16.7% year over year.

Room-based video systems increased 6% quarter over quarter in 3Q13, but decreased 5% year over year.

And desktop video systems showed 4.7% revenue growth quarter over quarter, but declined -13.6% year over year in 3Q13.
 
Regionally, Latin America (41.8%), Europe, Middle East and Africa (EMEA) (22.6%), and North America (3.9%) all showed positive quarter-over-quarter revenue growth in 3Q13, while revenue in Asia/Pacific (-3.7%) declined quarter over quarter.

In addition, Asia/Pacific (-13.7%) and North America (-18.2%) showed the largest year-over-year declines in 3Q13, while both EMEA (3.4%) and Latin America (10.7%) experienced year-over-year revenue growth.
 
“Interest in video and collaboration technology and applications helped the quarterly revenue numbers. But the lingering macroeconomic situation – including some softness in emerging markets, the recession in Europe, and the sequestration in the U.S. (i.e. budget cuts) – produced some cautionary IT spending that has impacted year-over-year video equipment revenue growth so far in 2013,” said Rich Costello , Senior Analyst, Enterprise Communications Infrastructure at IDC. “In addition and most significantly, we are definitely starting to see the impact of lower-cost video systems and more software-centric products and offerings on the enterprise video equipment market.”
 
Key vendor updates showed that although Cisco accounts for impressive 3Q13 revenue it witnessed a -7.6% year-over-year decline in video equipment revenue. Cisco remains the leader in enterprise videoconferencing equipment with a 44.7% share of the worldwide market.
 
Polycom’s revenue decreased -11.4% quarter over quarter in 3Q13 and was down -14.5% year over year in the quarter. Polycom ranks second in enterprise videoconferencing equipment with a 23.9% share of the worldwide market.
 
Huawei’s 43.2% quarter-over-quarter revenue increase and 2.5% year-over-year revenue increase in 3Q13 were good for a third-ranked 10.1% share of the worldwide enterprise videoconferencing market.
 
“Video as a key component of collaboration continues to place high on the list of priorities for many organizations,” said Petr Jirovský, Research Manager, Worldwide Networking Trackers.
 
“IDC believes that among the challenges customers are currently trying to work through are exactly when and how to provision their video deployments, as more software-centric solutions and video cloud service offerings become part of the enterprise video market landscape.”
 


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Report Shows Start-ups Fuel Innovations in Africa

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Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”

The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.

Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.

The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.

Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.

South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.

Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.

According to Bloomberg, a defining theme this year is the source of funding.

Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.

International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.

The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.

Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.

Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.

She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.


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NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

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Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

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The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.

Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer,  NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.

The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”

Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.

According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.

He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.

“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.

Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.

He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.

According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.

Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.

He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.

According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.

Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.


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Anthropic Raises $65 Bn to Expand AI Research, Innovation

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Anthropic, artificial Intelligence company, has said that  it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

Anthropic Raises $ 65 Bn to Expand AI Research, Innovation

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.

Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.

The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.

Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.

The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.

Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.

Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.


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