Microsoft has agreed to pay $25-million to settle US government investigations into alleged bribery by former employees in Hungary.
Author: Agency Staff
South Africa will ramp up support for its ailing state-owned power utility Eskom with an additional R59-billion spread over two years.
Uber Technologies’ path to profit is likely to be slowed by growing competition as a significant number of customers are willing to wait around for a cheaper ride, according to analysts at HSBC.
Interswitch, a Nigeria-based payments firm, has hired advisers to resurrect plans for a stock-market listing in London and Lagos later this year, people familiar with the matter said.
US President Donald Trump’s senior advisers have invited US technology companies to the White House to discuss a resumption of sales to blacklisted Chinese telecommunications giant Huawei.
Microsoft has agreed to invest $1-billion in a partnership with research group OpenAI, gaining a prominent cloud-computing customer from the artificial intelligence field.
Africa’s potential workforce will likely be larger than that of Asia by the end of the 21st century as both continents wrestle with different demographic and economic challenges.
As part of an ambitious reform programme, Prime Minister Abiy Ahmed plans to award telecommunications licences to two private operators next year, and sell a minority stake in Ethio Telecom.
Of all the executives, government officials and consultants being recruited to tackle the mammoth task of rescuing South Africa’s state power utility, the toughest task could fall to the person who has to take it apart.
ITV and the British Broadcasting Corporation have reached an agreement on a UK streaming venture, as they seek to respond to the incursion from digital rivals including Netflix.