Author: Duncan McLeod

Naspers-controlled Internet investment firm Prosus has agreed to acquire Stack Overflow, a platform used by software developers, for $1.8-billion.

MTN South Africa has renewed its sponsorship of the Springboks for a five-year period in a deal understood to be worth hundreds of millions of rand.

Exclusive | SqwidNet, the Internet of things network operator in the CIVH stable, is at risk of being shut down as it embarks on a major restructuring to slash operating costs.

Exclusive | Rob Godlonton, a former top executive at EOH Holdings, is spearheading the development of a new IT services business in the JSE-listed Reunert stable.

The share price of Adapt IT jumped by more than 18% in intraday trading on Monday following Huge Group’s unexpected decision on Friday to dramatically up its offer to buy the JSE-listed software services group.

Huge Group, it seems, doesn’t give up without a fight. The telecommunications specialist has dramatically increased its all-share offer for Adapt IT.

Openview, the free-to-air satellite platform in the eMedia Holdings stable, has increased the number of activations of its set-top boxes by more than 18% in the past year.

Mr Price Group reported a 64.1% increase in full-year online sales, with the same figure from its core apparel and sports brands more than doubling in the same period.

Communications regulator Icasa on Thursday decided to extend the emergency allocation of temporary spectrum under the Covid-19 state of disaster regulations until the end of August.

The SABC’s fight with Sentech over tariffs is going from a skirmish to a full-blown public confrontation. The stakes couldn’t be higher – for both sides.