The Pentagon has scrapped a $10-billion cloud computing contract awarded in 2019 to Microsoft after several years of wrangling between the government and some of the biggest US tech companies.
Author: Agency Staff
President Xi Jinping’s government is reining in the country’s most powerful corporations and their billionaire founders, including Alibaba Group, Tencent Holdings and Didi Global. But why?
Samsung Electronics likely saw a 38% surge in profit for the April to June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics.
British luxury car maker Jaguar Land Rover warned a global semiconductor shortage is worsening and deliveries in the second quarter will be 50% worse than initially thought.
Japan’s Nintendo will launch a new model of its Switch videogame console with an upgraded display on 8 October, priced at $349.99 (R5 000 before duties and taxes).
Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded R1-billion to restore the data they are holding ransom.
Botswana has granted a generation licence for a 100MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large-scale solar plant in the country.
The National Prosecuting Authority said on Monday that Interpol has issued red notices for two Gupta brothers wanted in connection with alleged corruption.
China’s antitrust regulator is set to formally block Tencent Holdings’ plan to merge the country’s top two videogame streaming sites, Huya and DouYu, three people familiar with the matter said.
The hackers behind a mass ransomware attack exploited a previously unknown vulnerability in IT management software made by Kaseya, cybersecurity researchers said.