The Gigafactory has been activated. Hidden in the scrubland east of Reno, Nevada in the US, where cowboys gamble and wild horses still roam – a diamond-shaped factory of outlandish proportions is emerging from the sweat and promises of Tesla CEO
Author: Agency Staff
South Africa’s national school pass rate rose for the first time in three years as the government boosted spending on education and teachers got to grips with a new curriculum. The proportion of successful
BMW will dispatch a fleet of autonomous vehicles to US and European cities in the second half the year, the next step in its partnership with Mobileye and Intel to introduce fully self-driving vehicles by 2021. The German automaker will put 40 of
Everywhere you look, someone is trying to kill off cash. India eliminated 23bn notes from circulation in an effort to fight tax evasion and corruption. Bitcoin and mobile payments are still hyped as the wave of the future while credit cards
Faraday Future staked its claim to the world’s fastest electric car with its FF91 production model, showing footage of it outracing Tesla Motors’ Model S in a glitzy event in Las Vegas. The start-up electric car maker backed by Chinese billionaire Jia
For a clue on how bearish foreign investors have become about Chinese stocks, take a look at Tencent Holdings, in which South Africa’s Naspers holds a roughly one-third stake. The Shenzhen-based technology giant has tumbled 13% from its
Outside Sweden, Daniel Ek isn’t a household name. That will probably change this year when the 33-year-old seeks to turn Spotify, the music streaming business he founded a decade ago in Stockholm, into a publicly traded company that
The South African government said a visit to Taiwan by the mayor of Tshwane breached foreign policy and was “highly regrettable.” Tshwane mayor Solly Msimanga, from the opposition Democratic Alliance, ignored advice from the department
Huawei Technologies has pledged to overhaul its culture and re-think the way it conducts business, expecting global uncertainty to mount in 2017 after sales growth slowed. China’s largest telecommunications equipment maker expects a 32% rise in revenue
President Barack Obama retaliated against Russia for cyberattacks aimed at interfering with the 2016 presidential campaign, imposing sanctions on top Russian intelligence officials and agencies, expelling 35 Russian operatives from the US and releasing