JSE-listed Jasco Electronics has acquired Arc Telecoms, a telecommunications company founded by former iBurst executives. As part of the deal, Arc CEO Steve Briggs will step down as head of the company. Jasco says the acquisition — the value of which has not been disclosed — will “bolster” the company’s
Author: Editor
Linux, the free operating system that brought professional-grade computing to the lowly PC, has come a long way since doing something as simple as switching off meant performing secret handshakes or offering arcane prayers to the computer gods such as computername ~ # shutdown -h now. Today, practically all Linux distributions
Is it possible to run an ethical supply chain? After the publication on 29 March 2012 of the first independent audit of the factories Apple uses in China, the iconic consumer electronics giant has definitely become the test case for whether multinationals can put an end to labour abuses. According to the long-awaited report, which is considered one
Groupon was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading on Friday. This surprised me as much as my US$2 investment in the Mega Millions jackpot not paying off. The reasons for Groupon’s restatement were higher refund reserves and weakness in internal controls. These are issues I’ve repeatedly
Arthur Goldstuck, Ben Kelly and Brett Haggard are your resident geeks this week. They discuss Alan Knott-Craig’s Cell C aspirations for a 25% market share, spectrum running out in the US, what regulators in SA should be doing, Neotel hitting 100 000 retail customers, Apple’s nano Sim debacle and much more
Telkom has agreed to cut the cost of IP Connect, the product Internet service providers have to purchase to get access to Telkom’s fixed-line broadband network, by 30% from Sunday, 1 April, the Independent Communications Authority of SA (Icasa) said on Friday. ISPs have long complained about the high cost of IP Connect, saying it is one of the
Telkom’s start-up mobile unit continues to bleed red ink across the telecommunications group’s income statement. The unit, which operates under the 8ta branding in the consumer market,will turn in a R2,2bn loss before interest, tax, depreciation and amortisation in the year to end-March 2012. The operator expects basic earnings
Taiwan is home to a constellation of companies most people have never have heard of, making electronic gadgets and components for others with household names. The runaway success of one of these names, Apple, has made one of those Taiwanese suppliers, Hon Hai Precision Industry, the assembler of every iPad and most iPhones, less unfamiliar
Since 4 March, a new social discovery app on SA social networking service MXit has attracted more than 400 000 users. And it’s already generating enough revenue to cover its costs. The app, called JudgeME, helps people meet each other by uploading photos and answering a handful of questions. Other users can guess
On his first-ever earnings conference call, newly christened Research in MotionCEO Thorsten Heins seemed to come to terms with the bad hand he’s been dealt and admitted that the company was in need of “substantial change”. Change is indeed in order. RIM reported poor quarterly results on Thursday, with lower-than-expected revenues. And, in a shock, former co-CEO