Housing Finance Bank partners with Oracle and JMR to accelerate Core Banking led digital transformation and deliver stellar Customer Experience SPECIAL FEATURE | BUSINESS | Housing Finance Bank, a full-service commercial bank in Uganda will deploy Oracle Banking suite, leveraging next-generation banking technology to enhance digital core capabilities and deliver convenient …
Read More »TikTok granted 15-day extension to reach deal with U.S. buyers
Washington, US | Xinhua | Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok’s Chinese parent company, to reach a deal with Oracle and Walmart has …
Read More »TikTok expects three-party agreement between ByteDance, Oracle, Walmart to resolve U.S. concerns
Los Angeles, US | XINHUA | Video-sharing social networking platform TikTok on Saturday voiced hope that an agreement reached by its Chinese parent company ByteDance with Oracle and Walmart will “resolve the security concerns of the U.S. administration and settle questions around TikTok’s future in the U.S..” The Los Angeles-based …
Read More »TikTok disappointed with latest decision from U.S. Commerce Department
Los Angeles, US | XINHUA | Video-sharing social networking platform TikTok said Friday that it felt disappointed with the decision announced by the the U.S. Commerce Department blocking the download and update of the company’s popular application starting Sunday. “We disagree with the decision from the Commerce Department, and are …
Read More »TikTok submits proposal to U.S. authorities to resolve security concerns
Beijing, China | XINHUA | Video-sharing social networking platform TikTok said Monday it had submitted a proposal to the U.S. administration to resolve its “security concerns,” in order to continue the company’s operation in the future. Oracle, a U.S. multinational computer technology corporation headquartered in California, also confirmed in a statement …
Read More »Traditionalists defy kingdom, construct shrine on River Nile banks
Kampala, Uganda | THE INDEPENDENT | Traditionalists in Busoga sub-region have started constructing a permanent shrine on the banks of River Nile in Budondo sub county in Jinja district in disregard of a directive from the Kingdom. The traditionalists say that the shrine will provide shelter to Hassan Kirunda, the new …
Read More »Budhagali’s children accuse traditionalists of forcing them into their religion
Kampala, Uganda | THE INDEPENDENT | The children of the late Budhagali Nabbamba, the fallen Oracle of Bujagali falls, have expressed fear for their lives, over alleged threats from traditionalists. The children accuse the traditionalists led by Kezia Kulanama of forcing them to join their father’s faith adding that the …
Read More »Traditionalists mourn Bujagali oracle Nabamba Budhagali
Kampala, Uganda | THE INDEPENDENT | Scores of traditional healers and spiritualists from Busoga region have pitched camp at Bujagali village, Budondo sub-county, Jinja district to celebrate the life of their leader, Budhagali Nabamba. Born Donozio Namunkanga Mukembo Zirabamuzale, the spiritualist, breathed his last on Saturday night after suffering a …
Read More »Oracle seals $9.3 bn NetSuite acquisition
Washington, United States | AFP | US software giant Oracle said Saturday that it has sealed its $9.3 billion acquisition of cloud computing company NetSuite. Oracle said that a majority of shares — 53 percent — owned by eligible stockholders in the vote had been tendered. The acquisition is to …
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