Sonos has filed for a US initial public offering as the wireless speaker pioneer gears up to take on increasing competition from Amazon, Google and Apple. Along with rich rivals, the company warned that an escalation
Author: Agency Staff
Sonos is going public, and Amazon looms large over the wireless speaker company’s fortunes. Sonos built itself up as a kind of digital Switzerland, allowing customers to stream music from any major service
Marc Andreessen, venture capitalist and one of the pioneers of the World Wide Web, once declared: “The spread of computers and the Internet will put jobs in two categories: people who tell computers what to do
Sluggish global smartphone sales are starting to crimp earnings at Samsung Electronics, which posted profit that fell short of estimates. The maker of Galaxy phones reported that operating income rose to
Internet entrepreneur Kim Dotcom has lost the latest round in his long-running battle to avoid extradition to the US and will now take his case to New Zealand’s highest court. The court of appeal said on Thursday that
Huawei Technologies has said a proposed ban on selling its gear to some US mobile providers isn’t lawful, pushing back against assertions it poses a risk as the Trump administration increases pressure on China over
Eskom utility is considering asking for extensions on some debt and staff layoffs as it grapples with its finances after years of burning through funds, according to people familiar with the matter. The company
Ugandan authorities have defended the introduction of a tax on users of social media such as Facebook and Twitter, saying the revenue is necessary to fund public services. The daily levy equivalent to about
Facebook, already facing scrutiny from US lawmakers and regulators over how a political consulting firm obtained personal information from users of the social network, is now being probed by more federal
The US has moved to block China Mobile from entering its telecommunications market on national security grounds, launching another salvo in the fight between the world’s two biggest economies days