Amazon.com and India’s Flipkart Online Services have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter. The e-commerce business is now seeking
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US President Barack Obama on Tuesday commuted the 35-year sentence of Chelsea Manning, the former army intelligence analyst who was convicted of leaking classified material, and pardoned marine-general James Cartwright. Manning, who
Vodacom is offering its customers free access to a data-light version of Facebook, the mobile operator said on Tuesday. Facebook Flex, the first of a number of products Vodacom plans
Abraaj Group, the private equity firm that invests across emerging markets, is interested in buying Barclays Group’s African business, CEO Arif Naqvi said. “It’s a very fine bank run by a very fine
President Jacob Zuma is considering appointing his ex-wife, Nkosazana Dlamini-Zuma, to his cabinet when she steps down as chairwoman of the African Union Commission, easing her path to succeeding him as national leader
Not everyone is worried about Apple’s future fortunes, or its direction under CEO Tim Cook. Local Apple bull Paul Theron, the founder and CEO of Johannesburg-based private client asset management firm
There’s a security backdoor in WhatsApp that can be used by parent Facebook, government agencies and others to intercept and read encrypted messages sent through the popular mobile phone messaging app, according to a report. The Guardian
There are strong indications that Eskom’s average electricity tariffs will increase by a mere 2,2% this year. While this sounds good from a consumer perspective, it would leave a big hole in the utility’s pocket that might
Zimbabwe’s telecommunications regulator has backed down over new floor prices for telecoms services, resulting in the country’s largest operator, Econet, reversing large price increases announced earlier in the week. In a statement, the country’s
The Council for Scientific and Industrial Research on Wednesday responded to a statement from Eskom in which the power utility appeared to cherry pick from a CSIR methodology developed to calculate the net cost