Telkom is considering acquiring Cell C’s debt as it seeks to gain access to subscribers of the nation’s third largest mobile phone company. Cell C creditors approached Telkom to help reorganise debt that includes
Author: Agency Staff
Telecommunications executives from Vodafone Group to Deutsche Telekom and Telefonica are headed to the industry’s annual get-together in Barcelona next week with more on their minds than the latest handsets. Deals under consideration
It took Alphabet’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies allegedly did it in nine months. Waymo claims in a lawsuit filed on Thursday that was possible
Let’s say this upfront: buying shares in Snapchat’s initial public offering next week is an act of lunacy. It’s nuts to buy stock of a company with just a two-year track record of generating revenue, a loss of $1,27 for each
When astronomers eyeball little stars twinkling through their telescopes, they now know for certain that circling around some of them are worlds not unlike our own. On Wednesday, an international research team using
Fitbit’s fourth-quarter revenue fell 19%, hurt by fading consumer demand for its once-popular wearable fitness trackers. Revenue in the quarter – which includes the holiday shopping season – dropped to $573,8m, the
While being questioned for allegedly bribing South Korea’s president, Samsung Group’s Jay Y Lee is locked up at a prison notorious for housing convicted billionaires, a serial killer and the hangman’s noose. That doesn’t mean he’s
Finance minister Pravin Gordhan held his ground in a feud with President Jacob Zuma over control of the nation’s finances as he stuck to deficit targets and warned his detractors not to “mess” with the national treasury. In the budget presented
South Africa’s wealthiest individuals will bear the brunt of higher taxes introduced by finance minister Pravin Gordhan to plug a revenue shortfall as economic growth falters. The top marginal income-tax rate for about
At a meeting open to all Uber Technologies employees on Tuesday, Travis Kalanick apologised for cultural failings at his company after a former employee alleged she was harassed and discriminated against while working there. Alongside board member