Wiocc Group is raising $300-million from AFC and Saudi Arabia’s Vision Invest, its biggest round yet.
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All the latest technology news from South Africa and around the world.
China is shaping how open-source technology is developed, licensed and deployed.
John Ternus takes over as Apple CEO on 1 September, ending Tim Cook’s tenure and inheriting the company’s biggest challenge.
Telecoms volumes fell 7.9% in the first half while average selling prices rose 9.8%, NielsenIQ data shows.
Vehicle verification start-up FirstCheck says it finds odometer rollbacks daily, some of them on cars advertised as financeable.
OpenAI has denied Apple’s trade secret theft claims, calling the Apple OpenAI lawsuit a mess of the iPhone maker’s own making.
Eskom’s profit more than doubled to R30.3-billion, but electricity sales fell 6.2% and municipal arrears passed R111-billion.
Electricity theft and unrecognised municipal revenue together exceed the utility’s entire annual profit.
Eskom has confirmed R36.8-billion of irregular expenditure relating to prior years, restated outside the financial statements.
Revenue is growing again, but the bill for replacing US technology is showing up in Huawei’s margins.