It took more than three hours on Tuesday morning to get Spotify trading publicly, in a stock sale as unorthodox as streaming digital music once seemed. Spotify Technology’s shares – sold via a direct
Author: Agency Staff
Spotify Technology shares climbed from their reference price after it began trading through a direct listing on Tuesday. The company skipped the traditional initial public offering process in favour of a route rarely
Home affairs minister Malusi Gigaba said his department will this year introduce an electronic visa application system in order to curb fraudulent permits from foreign nationals. Gigaba, speaking last week in
After a decade of unprecedented growth in staff numbers, cash-strapped power utility Eskom is finally tackling the controversial issue of its headcount. State-owned Eskom, seen by Goldman Sachs Group as the biggest single
Apple is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel, according to people familiar with the plans. The initiative, code named Kalamata, is still
Facebook CEO Mark Zuckerberg hit back at recent remarks by Tim Cook, calling the Apple CEO’s criticism of the social media giant “extremely glib”. Cook was asked about Facebook’s privacy crisis last month and
Facebook CEO Mark Zuckerberg said it will take “a few years” to solve the issues plaguing the social media company. “I wish I could solve all these issues in three months or six months, but I just think the
One of the worst weeks in Tesla’s 15-year-history has sapped Elon Musk’s net worth and made the moonshot goals underlying his US$2.6bn award seem all the more audacious. The electric car maker’s stock
At Microsoft’s Dutch research facility at the Delft University of Technology, several large cylindrical metal tubes hang from the ceiling. Each tube – a dilution refrigerator used to cool circuits down to temperatures colder than
Facebook is conducting a broad review of all its data practices and taking a much more conservative stance on some policies, moves that could limit advertisers’ ability to target users on the social network, according to people