Oracle’s bid for the US operations of TikTok received the backing of US President Donald Trump, bolstering the software maker’s attempt to derail takeover talks led by rival Microsoft.
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Apple became the first publicly listed US company with a $2-trillion stock market value on Wednesday, as Wall Street investors put aside challenges to its iPhone ecosystem.
Promoted | In this podcast, TechCentral is joined by Mannie Tzingakis, technical lead for sub-Saharan Africa at Trend Micro, for a discussion on the trends in the IT security space, especially since the advent of Covid-19.
Elon Musk’s SpaceX has raised $1.9-billion in new funding, according to a regulatory filing. This would be the largest single fundraising round to date by SpaceX, according to PitchBook data.
Wireless towers operator IHS Holding is exploring a potential IPO, shareholder Wendel said on Tuesday, in a deal that could be the biggest listing ever by an African company in the US.
Electricity monopoly utility Eskom has shuffled some senior managers weeks after missing its own target for restricting power outages.
Eskom said on Wednesday it would extend scheduled blackouts into Thursday as breakdowns continued to weigh on the system.
The high court in Pretoria has handed a significant and potentially ground-breaking legal defeat to Telkom, and victory to Vodacom, over the use of the former’s ducts used to carry broadband cables.
China has denounced the US’s latest moves to curb Huawei’s access to commercially available chips, the latest blow in an increasingly tense relationship between the world’s two biggest economies.
Eskom will implement stage-2 rotational load shedding from 4pm on Tuesday, with the power cuts set to continue all day on Wednesday, the state-owned electricity utility said.