Irregular spending at Eskom has swelled to R19.6-billion as South Africa’s state-owned power utility comes under pressure to restore its credibility and improve its finances.
Author: Agency Staff
The risks of innovations such as artificial intelligence and 3D printing wielded by nimble competitors from Silicon Valley or China are shaking up Germany’s engineering-led economy.
Tencent’s strategy for expanding WeChat Pay globally is pretty straightforward: follow the (tourism) money. It’s a smart strategy. But it’s also decidedly unambitious.
European Union competition commissioner Margrethe Vestager coolly hit Google with a €4.3-billion fine last week, the biggest penalty in the history of antitrust enforcement. It didn’t have to be that way.
Microsoft’s earnings report and forecast cheered investors, providing further evidence the company can increase cloud sales and squeeze more profit from the area while cutting into Amazon.com’s massive industry lead.
Microsoft’s cloud-fuelled turnaround persisted in the fiscal fourth quarter, when sales and profit got a boost from customers signing up for more Internet-based storage, processing and Office productivity software.
For more than two years, a small and stealthy group of engineers within Google has been working on software that they hope will eventually replace Android, the world’s dominant mobile operating system.
US President Donald Trump lashed out at the European Union’s $5-billion fine against Google over its mobile phone operating system in the latest trade-related salvo fired from the White House.
Facebook CEO Mark Zuckerberg has walked back on comments that appeared to defend Holocaust deniers, after trying to explain how careful the social-media giant tries to be before kicking people off the
Google will be fined about €4.3-billion by the European Union over apps for Android mobile devices, setting a global record for antitrust penalties, according to a person familiar with the EU decision.