Uber Technologies is in talks to sell its Uber Eats operations in India to rival Swiggy, less than two years after it entered the country’s competitive food-delivery business, according to a person familiar with the negotiations.
Author: Agency Staff
Huawei would deny any Chinese government request to open up “back doors” in foreign telecommunications networks because it isn’t legally obliged to do so, the company’s chairman says.
EOH Holdings CEO Stephen van Coller is in a race against the clock to restructure the sprawling South African IT business before shareholders and lenders run out of patience.
Samsung Electronics debuted its most extensive new line-up of smartphones, taking on Apple in a slowing market with 3D cameras, an in-screen fingerprint scanner and faster 5G connectivity and a device with a folding screen.
South Africa plans to cut the state wage bill over the next three years to keep spending under control as the economy flags and it bails out the struggling state power utility.
Apple wants to make it easier for software coders to create tools, games and other applications for its main devices in one fell swoop – an overhaul designed to encourage app development.
The sorry state of South Africa’s state power utility starkly illustrates just how far the country slipped during former President Jacob Zuma’s scandal-marred rule and the enormity of the task of rebuilding the nation’s stricken finances.
Garmin shares rallied 17% to their highest level in 11 years as demand for watches from outdoor enthusiasts helped fourth-quarter earnings beat the highest estimates.
EOH Holdings said two of its founders resigned in a board shake-up as CEO Stephen van Coller races against time to restructure the South African technology firm and calm investors and lenders.
A group representing top US mobile service providers disagreed with European and Asian counterparts over alleged security threats from Chinese equipment maker Huawei ahead of a conference that will highlight a US-Europe divide on the issue.