Intelsat filed for bankruptcy and said it had obtained $1-billion in new financing that will allow it to keep the satellite service in business while it awaits billions of dollars in proceeds from a spectrum auction.
Author: Agency Staff
On the night of 20 April, Christian Klein gained two major responsibilities. He became a father for the second time. And Klein was named sole CEO of SAP.
Google’s takeover of fitness tracker Fitbit could be “a game-changer” for health data that will need close European Union scrutiny, consumer advocates said.
Government apps designed to help authorities track and slow the spread of Covid-19 are struggling to accomplish their goals because of restrictions on data collection built into smartphones by Apple and Google.
Telegram has officially scrapped plans to build a digital ledger for transactions after it ran afoul of regulators.
The City of Cape Town is awaiting a court ruling on whether it can buy its own electricity from suppliers other than national power utility Eskom without getting approval from the energy minister.
Elon Musk restarted production at Tesla’s only US car plant, flouting county officials who ordered the company to stay closed and openly acknowledging he was risking arrest for himself and his employees.
Business leaders are ratcheting up pressure on President Cyril Ramaphosa to re-open the economy more swiftly, warning that the devastation wreaked by a lockdown could exceed damage caused by the pandemic.
Ever since Donald Trump fired the first shot in the US trade war with China, one technology company has been sitting in the middle, trying to avoid the crossfire.
President Cyril Ramaphosa warned that the coronavirus will be present in the country for at least a year and that infections will rise as lockdown restrictions are eased.