Technology investor Prosus will pay up to the equivalent of R2.1-billion in transaction fees when it buys a block of parent company Naspers’s shares, prompting criticism from investors.
Author: Agency Staff
The Biden administration on Tuesday will announce a new push to expand business ties between US companies and Africa, with a focus on building digital, health and physical infrastructure.
Mastercard is looking to make it easier for consumers to buy, spend and hold cryptocurrencies.
Mango Airlines temporarily suspended all flights and services on Tuesday until further notice due to outstanding payments to Air Traffic Navigation Services, acting CEO William Ndlovu said.
Vodacom said on Monday that, working with telecommunications equipment supplier Nokia, it has been able to achieve the “highest transmission rates across a live optical network in Africa”.
Tencent’s WeChat has temporarily suspended registration of new users in mainland China as it undergoes a technical upgrade “to align with relevant laws and regulations”.
Intel said its factories will start making Qualcomm chips as it laid out a road map on Monday to expand its new foundry business to catch rivals such as Taiwan’s TSMC and Samsung Electronics by 2025.
China’s leadership perceives the same set of problems as the West when it comes to Big Tech. But it’s willing to go a lot further to rein in the clout of its tech giants. Investors should be afraid.
Facebook is creating a product team to work on the “metaverse”, a digital world where people can move between different devices and communicate in a virtual environment, CEO Mark Zuckerberg said.
Computer peripherals maker Logitech said on Tuesday it was seeing no let-up in demand from stay-at-home workers, after reporting higher operating income and sales at the start of its 2022 business year.