Qualcomm has been fined €997m by the European Union for paying Apple to shun rival chips in its iPhones. The largest maker of chips that help run smartphones “paid billions of US dollars to a key customer, Apple
Author: Agency Staff
The rand traded below R12/US$ on Wednesday for the first time since May 2015, extending a rally sparked by an improving domestic political environment and supported by global risk-on sentiment and the greenback’s retreat. The
Earth Day, on 22 April, might have a bit of extra significance this year. It might be the day that, for the first time, a great world city runs out of water. On that day, according to the local government of Cape Town, water in the dams
Deputy President Cyril Ramaphosa said the authorities are intensifying their attack on pervasive corruption in the state and are having “positive” discussions with investors about the future of the economy. “The wheels of change are
Uber Technologies, whose losses have piled up in the quest for growth around the world, will be profitable within three years, said CEO Dara Khosrowshahi. Bending the company’s financial trajectory out of the red
Microsoft will start adding new videogames, including upcoming Halo and Gears of War, to a monthly subscription service it introduced last year in an effort to lure gamers from Sony and Nintendo. Starting with the 20 March
Critics of bitcoin often argue that it’s useless as a means of payment, one of the key elements of any successful currency. That’s not quite right, and likely to become less so. First, a reminder on how bitcoin works. If I want to send someone
Eskom is wasting no time approaching potential lenders in the hope that Saturday’s board overhaul was enough to ease concerns about governance at the struggling utility. The company will ask banks for funding commitments to
Netflix surged in late trading after a blow-out quarter, vaulting past US$100bn in market value for the first time to put the video service on a lofty perch with the likes of Goldman Sachs Group and Qualcomm. The world’s largest online
fter months of tinkering, Amazon.com has finally deemed its cashier-free convenience store ready for business. Amazon Go, as the outpost is called, opened its doors to the public on Monday. The US store is outfitted with