The smart money is still on Europe taking the more adventurous and aggressive antitrust measures. But there’s no ignoring the shift on both sides of the Atlantic.
Author: Agency Staff
South Africa’s central bank won’t bail out the country’s troubled state-owned companies including power utility Eskom because it would fuel inflation, the governor, Lesetja Kganyago, said.
It isn’t difficult to find the main culprit behind South Africa’s biggest economic contraction in a decade: Eskom, the state-monopoly power provider.
The looming US antitrust investigation of Google is galvanising as many as a dozen companies to gather their longstanding complaints about the Alphabet unit and consider bringing them to the justice department.
Facebook may be ordered to remove offensive content posted by users in the European Union and then also hunt for similar posts anywhere in the world, an adviser to the bloc’s top court said.
South Africa’s economy contracted the most in a decade in the first quarter as the nation suffered the deepest power outages since 2008. The rand dropped and banking shares slumped.
Around the world, governments are hitting on a modish new idea: turn the Internet off. Sometimes they mean it literally.
When Satya Nadella took over as CEO in 2014, more than a decade of developer defections had left the company in a weak position. All that has changed in dramatic fashion.
MTN Group’s biggest shareholder is pushing for changes at Africa’s largest mobile phone company to avoid the regulatory, legal and political disputes that have cut its share price by more than half over the past four years.
Apple has debuted a new Mac Pro desktop computer after several years of professional users complaining about the current version. But if you want one, prepare to mortgage your house.