Spotify has surpassed 50m subscribers, extending its lead over rivals Apple Music, SoundCloud and Google as the world’s largest paid music streaming service. The service, owned by Stockholm-based Spotify, has been growing
Author: Agency Staff
Snap, maker of the disappearing photo app that relies upon the fickle favour of millennials, jumped in its trading debut after pricing its initial public offering above the marketed range. Shares opened at US$24 and
Bank of Baroda’s South African unit has started closing accounts of companies controlled by the Gupta family, according to three people familiar with the matter, potentially leaving the friends of President
Artificial intelligence boosters predict a brave new world of flying cars and cancer cures. Detractors worry about a future where humans are enslaved to an evil race of robot overlords. Veteran AI
Net1 UEPS Technologies, the company whose subsidiary Cash Paymaster Services manages the payment of welfare to 17m South Africans under a controversial tender, is acquiring a 15% stake in
South Africa’s welfare agency said it withdrew its application to the nation’s highest court to extend a payment distribution contract with Net1 UEPS Technologies the day after it filed it. That’s added to
MTN Group has been having a tough time of it in Nigeria, its most lucrative market. Protesters last week vandalised the company’s headquarters in the capital, Abuja, in retaliation for xenophobic
A study of Kenya’s telecommunications industry proposes breaking up Safaricom, the country’s biggest company, according to brokerage AIB Capital. The report compiled by Analysys Mason
Amazon.com’s cloud computing service was beset by errors on Tuesday, disrupting thousands of online services from project management and expense reporting tools to commuter alerts. Amazon Web Services
When Uber CEO Travis Kalanick takes an Uber, he prefers a black car, the high-end service his company introduced in 2010. On this particular night in early February – Super Bowl Sunday in the