Nokia and Ericsson have recently wrested notable long-term deals from Huawei to build 5G wireless networks, with analysts say more could come their way as Huawei grapples with a US export ban.
Author: Agency Staff
South Africa simply has to rescue the nation’s distressed power utility. Even though it can’t afford to.
Facebook, a centralised corporate giant with a history of customer data-use controversies, is an unlikely candidate for bringing cryptocurrencies to the masses.
Facebook hopes its new cryptocurrency will one day trade on a global scale much like the US dollar. But to come anywhere close to matching the dollar for utility and acceptance, Libra will need to be widely trusted.
Naspers subsidiary PayU is among the founding members of the Libra Association, a group of companies that will have an equal say in how Facebook’s new cryptocurrency is managed.
Volkswagen plans to pool 5 000 digital experts into a single unit that will develop “vw.os”, a uniform software operating system across all new models.
Naspers’s biggest shareholder is considering whether to reduce its R245-billion stake in Africa’s biggest company because of concern it’s overexposed to a single stock, sources said.
Regulators will be watching closely when Facebook unveils its cryptocurrency project this week. Their vigilance is warranted.
Huawei founder Ren Zhengfei expects US sanctions to curtail its revenue by about $30-billion over the coming two years, wiping out its growth by withholding critical American technology.
Intel is reviewing its global supply chain amid the growing trade war between the US and China, CEO Bob Swan said.