The mobile industry’s trade body is cutting about a fifth of its workforce after being forced to cancel a conference that generated most of its revenue, according to a person familiar with the plan.
Author: Agency Staff
South African business confidence has plunged due to the impact of the coronavirus pandemic, with companies even more pessimistic now than at the height of disinvestment during apartheid.
Tesla’s stock jumped above $1 000/share on Wednesday after CEO Elon Musk told his staff it was time to bring the Tesla Semi commercial truck to “volume production”.
The move will have multiple negative ramifications for Intel’s chip business. The most obvious is the direct impact of losing revenue as the sole processor supplier for Apple’s PC line.
Vodafone has warned that Britain’s desire to lead the world in 5G technology will face a big blow if it decides to remove Huawei Technologies from the country’s telecoms infrastructure.
South African blockchain-based renewable energy start-up Sun Exchange has raised R50-million from a company backed by one of the country’s richest businessmen.
Life Healthcare said on Tuesday that its Southern African operation was hit by a cyberattack affecting its admissions systems, business processing systems and e-mail servers.
TSMC hopes to keep supplying Huawei Technologies but is confident its other customers can replace any business lost because of tightening US curbs on China’s largest tech company.
South Africa’s programme to halt the coronavirus is being thwarted by a global shortage of tests and a lack of capacity to process those that have been administered.
The Trump administration has fired multiple salvos against Huawei since the start of a campaign to derail China’s technological ascendancy. The latest blow threatens to cripple the country’s tech champion.