Samsung Electronics likely saw a 38% surge in profit for the April to June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics.
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British luxury car maker Jaguar Land Rover warned a global semiconductor shortage is worsening and deliveries in the second quarter will be 50% worse than initially thought.
Japan’s Nintendo will launch a new model of its Switch videogame console with an upgraded display on 8 October, priced at $349.99 (R5 000 before duties and taxes).
Facebook and Liquid Intelligent Technologies are extending their reach in Africa by laying 2 000km of fibre in the Democratic Republic of Congo.
Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded R1-billion to restore the data they are holding ransom.
The Global Partnership for Ethiopia, the Safaricom-led consortium that won a licence to build a network in the East African nation, has appointed Anwar Soussa to lead the venture.
Botswana has granted a generation licence for a 100MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large-scale solar plant in the country.
China’s antitrust regulator is set to formally block Tencent Holdings’ plan to merge the country’s top two videogame streaming sites, Huya and DouYu, three people familiar with the matter said.
The hackers behind a mass ransomware attack exploited a previously unknown vulnerability in IT management software made by Kaseya, cybersecurity researchers said.
A social media site launched on Sunday by Jason Miller, a senior adviser to former US President Donald Trump, was briefly hacked, and more than 500 000 people have registered to use the site, Miller said.