Chinese technology companies including Huawei have expressed strong concerns to local regulators about Nvidia’s proposed acquisition of ARM, potentially jeopardising the $40-billion semiconductor deal.
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Netflix posted its weakest subscriber gains in four years as streaming competition increased, pandemic restrictions eased and live sports returned to television.
The SABC has told parliament that it simply cannot afford to pay Sentech’s “prohibitive” fees for broadcast signal distribution and that these fees must be cut in half with immediate effect.
Cell C has net debt, excluding leases, on its balance sheet (prior to a planned recapitalisation) of almost R10-billion, but it still wants to participate in South Africa’s upcoming spectrum auction.
Cell C has reported an interim net loss after tax for the six months to June 2020 of R7.5-billion, but said this was mainly the result of once-off costs and adjustments and that normalised earnings actually grew by 64%.
Netflix is showing more African-made content and working with telecommunications operators to make it easier for potential subscribers to make payments, a senior executive said on Tuesday.
Swedish regulators on Tuesday banned the use of telecommunications equipment from China’s Huawei and ZTE in its 5G networks ahead of the spectrum auction scheduled for next month.
South African retail giant Pick n Pay said on Tuesday that it is acquiring on-demand online grocery service Bottles.
Intel has agreed to sell its NAND memory chip business to SK Hynix for US$9-billion in an all-cash deal that would propel the South Korean chip maker to second in the global rankings.
Logitech on Tuesday reported a surge in second quarter revenue and net profit as the computer peripherals maker benefited from a shift to working from home during the Covid-19 pandemic.