The biggest US technology companies have gone on a buying spree this year, waving off intense scrutiny from competition watchdogs and critics who say they’ve bolstered their power by snatching up nascent rivals.
Author: Agency Staff
After decades behind the scenes, TSMC is taking an ever-bigger share of the spotlight as one of the most famous and powerful technology companies in the world.
After several weeks of trading in narrow ranges, bitcoin breached $10 000 on Sunday for the first time since early June.
Intel’s decision to consider outsourcing manufacturing heralds the end of an era in which the company, and the US, dominated the semiconductor industry.
Eskom’s gross debt surged to R480-billion after the struggling state-owned power utility borrowed from its lines of credit, documents show.
Shares of Intel slumped and its rivals surged on Friday after the US chip maker signalled it may give up manufacturing its own components after falling far behind schedule developing its newest technology.
Woolworths saw online food sales for its South Africa business leap 87.8% in the 52 weeks to 28 June as consumers turned the Internet and shunned stores amid the Covid-19 pandemic.
Billionaire Elon Musk’s SpaceX is in talks to raise new capital at a valuation of US$44-billion, according to people with knowledge of the matter.
Intel CEO Bob Swan spent almost an hour on Thursday discussing an idea that would once have been unthinkable for the world’s largest semiconductor company: not manufacturing its own chips.
Zimbabwe’s president has picked a fight with the country’s most successful businessman. The economy may be the loser.