One of the biggest risks Facebook listed in Wednesday’s high-profile filing with the US Securities and Exchange Commission was “mobile .” The company hasn’t quite figured out what to do with advertising on phones, so it could struggle to bring in the bank as more users choose phones
Author: Editor
It all began as a lark. Mark Zuckerberg posted pictures of his fellow Harvard students online to let viewers comment on who was hot and who was not. Eight years later, Facebook is one of the hottest companies in the world. On 1 February the social network
Emerging-markets telecommunications giant MTN is gearing up to fight a series of damaging allegations and legal action by Turkcell over claims by the Turkish operator that the JSE-listed group was awarded an operating licence in Iran corruptly. MTN claims
It’s official. TopTV founding CEO Vino Govender is stepping down from the satellite pay-TV operator with immediate effect amid plans for a “possible restructure” at the company to ensure it “remains competitive and relevant in the pay-TV environment in SA”. Eddie Mbalo, chairman of TopTV
Just over a year ago I asked whether Facebook was really worth US$50bn. On Thursday I got my answer: no, it’s worth more like $100bn. After years of flirting with the market, Facebook has finally opened its kimono and started the process of offering its shares for public trading. On 1 February
In an unassuming house on a golf estate in Centurion, south of Pretoria, nearly 30 Dell desktop computers run 24 hours a day in a makeshift server room. The machines are crawling Web feeds of breaking news along with all of the text of the US Library of Congress. This is the home of technology
Mark Zuckerberg controls a majority of Facebook’s voting rights, and will continue to enjoy that control after it goes public, according to an unusual arrangement he struck with some key investors and colleagues among Facebook’s shareholders. A string of voting arrangements outlined
Democratic Alliance MP Marian Shinn has been named by the party’s parliamentary leader, Lindiwe Mazibuko, as the new shadow minister of communications, replacing Natasha Michael, who takes on the public enterprises portfolio. Junita Kloppers-Lourens has been appointed shadow
Facebook filed for an initial public offering on Wednesdsay and included an updated report on the giant social network’s user and usage data. The company’s total number of active monthly users, which it defines as registered Facebook users who have logged in and visited the
Some would look at Google’s recent PR flub over privacy policies and settings as a bit of a fiasco. Microsoft, of course, sees it as an opportunity. This week, the software company is placing a series of advertisements in newspapers across the US to remind consumers that it