South Africa is ready to start a probe into contracts of state-owned power utility Eskom, which provided false information about dealings with Trillian Capital Partners and McKinsey & Co, public enterprises minister Lynne Brown
Author: Agency Staff
Yahoo, the Internet company acquired by Verizon Communications this year, now believes a 2013 security breach exposed all three billion of its users at the time. The assessment, based on new intelligence obtained after the $4.5bn
Paul Otellini, the former CEO of Intel, has died at the age of 66, the chip maker said in a statement. Otellini served as Intel’s CEO from 2005 until retiring in 2013. He handed the reins to current CEO Brian Krzanich. Otellini also served
Amid robust demand for emerging market equities, there’s one place global investors are avoiding: Africa’s biggest stock market. With almost a full quarter to go, outflows from South Africa’s stock exchange have already reached
Bitcoin traders can breathe a sigh of relief. If JPMorgan Chase & Co’s CEO Jamie Dimon fires them for trading the cybercurrency, Goldman Sachs Group could welcome them with open arms. Goldman is reportedly
Facebook outlined plans to strengthen its advertisement systems and disclosed that about 10m people saw ads linked to Russian efforts to influence the 2016 US presidential election. The social media giant said
Here are two facts that defy logic: by the end of the year, electric car maker Tesla will have burned through more than US$10bn without ever having made 10c. Yet companies around the world are lining up to compete
“He awoke – and wanted Mars.” That’s the first line of Philip K Dick’s classic novella, We Can Remember It for You Wholesale, the inspiration for the Total Recall films. I first came across the story in a sci-fi anthology back in high school
A few years ago, Google regularly traded barbs with major news publishers in public. Today, Google is rewiring its search engine to appease them. The company is scrapping a contentious search result rule for subscription news sites and
Entrepreneur Elon Musk, who envisions a human colony on Mars, is planning to create a new, much larger rocket ship code named “BFR” capable of travelling anywhere on Earth in under an hour. If the concept