Naspers is planning to increase its stake in Indian online food delivery business Swiggy as the start-up plots its third fundraising round of the year, according to people familiar with the matter.
Author: Agency Staff
Gartner has become embroiled in a management scandal at the South African Revenue Service after it emerged that the US IT research company secured an almost R200-million contract without proper procurement procedures being followed.
Netflix, criticised for its marketing practices, has denied that it tailors the promotions of movies and TV shows based on the race of viewers.
After the crypto crash, the industry wants governments to confer legitimacy on digital currencies whose enthusiasts originally boasted of being outside the system. For some operators, the alternative could be bleak.
Facebook is losing another long-tenured founder from an acquired company: Brendan Iribe, who was the CEO of Oculus VR when Facebook bought it in 2014.
Netflix is once again turning to the junk-bond market to fund new programming as the streaming video giant seeks to maintain its torrid subscriber growth.
Finding R50-billion for a stimulus package is the unenviable task facing finance minister Tito Mboweni in the mid-term budget – and he’s only two weeks into the job.
Elon Musk moved a step forward in his vision for the future of public transportation, announcing that his Boring Co’s hyperloop test tunnel will open in less than two months.
Scepticism is mounting that the alleged masterminds of South Africa’s biggest-ever embezzlement of state funds will ever be held to account.
A climate of fear and distrust prevails at Sars, which is dogged by low morale and a lack of investment in training and new technology, acting commissioner Mark Kingon said on Friday.