Author: Agency Staff

For centuries, money issued by governments has served as the lifeblood of the global economy. But in our digital age, it’s facing a bizarre, postmodern sort of competition.

While Volkswagen is one of the largest car producers, it’s now pitted against companies that have routinely disrupted industries, casting former leaders aside in the process.

As suppliers struggle to meet global demand, experts say the best vaccine for you is probably whichever one you can get now.

Digital payments company Stripe raised $600-million in its latest round of funding, valuing it at $95-billion, the company said in a statement on Sunday.

Eskom said on Sunday it would extend scheduled power cuts by three more days, until 5am on Wednesday, as it suffered further breakdowns at five power stations during the weekend.

High court Judge Selby Baqwa halted the radio frequency spectrum auction planned this month by communications regulator Icasa because he deemed the process unlawful and irrational.

Pony Ma’s Tencent Holdings has been put on notice. Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online empire.

China has blasted US President Joe Biden’s administration for imposing new restrictions on national tech champion Huawei Technologies, saying the US “isn’t a reliable country that is to be trusted”.

Qualcomm is struggling to keep up with demand for its processor chips used in smartphones and gadgets, as a chip shortage that first hit the car industry spreads across the electronics business, sources said.

Tim Berners-Lee, the inventor of the World Wide Web, has said the dominance of Internet giants is a “fad” that does not have to endure.