E-Business
Ericsson, Facebook Expanding Internet.org Reach With Innovation Lab

Ericsson and Facebook on Friday announced the creation of a joint innovation lab supporting the Internet.org initiative.
The Internet.org Innovation Lab, an Ericsson-Facebook collaboration, will provide an environment and expertise for optimizing applications, networks, devices and services for the next five billion Internet users.
Expected to open in the second half of 2014 on Facebook’s campus in Menlo Park, California, the new lab will tackle the most critical aspects of the Internet.org goal to make Internet access available to all.
Based on Ericsson Device and Application Verification service capabilities and the company’s technology leadership in mobile networks, Ericsson will provide Facebook and application developers the ability to simulate different network environments from around the world.
This will allow them to develop and test mobile applications and services.
“With this lab, developers will be able to simulate network conditions typically found in new markets, giving them an environment to test and optimize their applications under a number of different scenarios,” said Jay Parikh, vice president of Infrastructure Engineering at Facebook. “This is a unique capability that Ericsson brings to the table and we are happy they have taken a leadership position with us in this initiative.”
The lab will help remove one of the key physical barriers that exist for bringing the Internet to everyone. Developers today typically only have access to the network environment of their physical location. With consumers today operating in different network environments (2G, 3G, 4G, WiFi) on multiple mobile operating systems and a wide range of devices, the complexity involved for developers can be overwhelming. The joint innovation lab will facilitate multiple network environments for testing and optimization, all in one location.
Announced in August 2013, Internet.org was formed with the goal to make Internet access available to the two-thirds of the world who are not yet connected, and to bring the same opportunities to everyone that the connected third of the world has today.
Ericsson also has a more than 100 year history of working with bridging the digital divide and Technology for Good in Africa, and this experience will greatly contribute to the goals of Internet.org. This includes making Internet access affordable, using data more efficiently and helping businesses drive access.
“The goals of internet.org are very much aligned with our long-standing ideal that communications is a basic human need,” said Johan Wibergh, executive vice president and Ericsson’s Head of Business Unit Networks. “The creation of the lab will provide a unique environment for testing and ultimately optimizing applications regardless of network, device or operating system. The collaboration with app developers will provide Ericsson with invaluable understanding of their requirements on our networks, which we can apply to ensure the continued development of the best performing networks globally.”
Ericsson Device and Application Verification services is an integral part of Ericsson’s vision for the Networked Society in which the number of connected devices will increase, providing new services for people in all walks of life.
It will become increasingly important for application developers, vendors and operators to stay competitive and deliver high-quality services and a positive network experience.
The service, announced at Mobile World Congress 2013, enables application developers, device and chipset vendors, as well as other players in the ecosystem of mobile and fixed telecom services, the ability to test and verify the devices and applications in wireline, mobile 2G, 3G and LTE networks.
E-Business
Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.
The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.
In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.
Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.
E-Business
Microsoft Servers Hacked by Chinese Groups

Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.
China state-backed Linen Typhoon and Violet Typhoon as well as China-based Storm-2603 were said to have “exploited vulnerabilities” in on-premises SharePoint servers, the kind used by firms, but not in its cloud-based service.
The US tech giant has released security updates in response and has advised all on-premises SharePoint server customers to install them.
“Investigations into other actors also using these exploits are still ongoing,” Microsoft said in a statement.
The firm said it had “high confidence” the hackers would continue to target systems which have not installed its security updates.
It added that it would update its website blog with more information as its investigation continues.
Microsoft said it had observed attacks in which hackers had sent a request to a SharePoint server “enabling the theft of the key material by threat actors”.
Charles Carmakal, chief technology officer at Mandiant Consulting firm, a division of Google Cloud, told reporter, it was “aware of several victims in several different sectors across a number of global geographies”.
Carmakal said it appeared that governments and businesses that use SharePoint on their sites were the primary target.
A number of adversaries who stole material encoded by cryptography were then able to regain ongoing access to the victims’ SharePoint data, he said.
“This was exploited in a very broad way, very opportunistically before a patch was made available. That’s why this is significant,” Carmakal said.
Carmakal said the “China-nexus actor” was deploying techniques similar to previous campaigns associated with Beijing.
Microsoft said Linen Typhoon had “focused on stealing intellectual property, primarily targeting organizations related to government, defence, strategic planning, and human rights” for 13 years.
It added that Violet Typhoon had been “dedicated to espionage”, primarily targeting former government and military staff, non-governmental organizations, think tanks, higher education, the media, the financial sector and the health sector in the US, Europe, and East Asia.
Meanwhile, Storm-2603 was “assessed with medium confidence to be a China-based threat actor”.
E-Business
NIMC Warns Nigerians of Fake NIN Website

National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.
According to the commission, the website has been circulating online to offer services for Nigerians seeking National Identification Number (NIN) services.
NIMC, in a post on its official X account on Wednesday, said, “NINcard.com is not in anyway affiliated to NIMC. Stay vigilant!”
The warning was accompanied by screenshots of fake payment receipts and OTP request pages from the website, both of which were boldly stamped “FAKE” by NIMC to alert the public.
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