South Africa has no option but to increase financial support for Eskom even while pushing for reforms at the stricken state-owned power utility, according to national treasury director-general Dondo Mogajane.
Author: Agency Staff
When Naspers lists in Amsterdam, it will bring with it a dual shareholding structure to match or even exceed the worst practices of tech behemoths such as Facebook or Google parent Alphabet.
While President Cyril Ramaphosa says power utility Eskom is considered too big to fail, S&P Global Ratings has a different view: it could be too big to support.
Google has warned the Trump administration that it risks compromising US national security if it goes ahead with export restrictions on Huawei, and has asked to be exempted from any ban, according to a report.
Amazon.com plans to spend billions of dollars building a network of thousands of satellites to provide broadband Internet service, CEO Jeff Bezos said.
Google has agreed to buy Looker Data Sciences for $2.6-billion, expanding its offerings to help customers manage data in the cloud.
A mobile app used by police to track citizens shows how some of China’s biggest technology companies are linked to a mass surveillance system that is more sophisticated than previously known.
Oracle announced on Wednesday that it has secured a cloud-computing alliance with Microsoft, an acknowledgment the database giant’s go-it-alone approach to the cloud wasn’t working.
An exodus of CEOs during the economic downturn is becoming alarming, particularly as there are apparently so few ready replacements.
BMW and Jaguar Land Rover will collaborate on their next generation of electric cars, following similar moves by other automakers that have teamed up to share the burden of developing the expensive new technology.