LG Electronics will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market.
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The cryptocurrency market capitalisation hit an all-time peak of $2-trillion on Monday as gains over the last several months attracted demand from both institutional and retail investors.
Naspers has hired a top Airbnb and former Amazon executive to lead its global online classifieds business, it said on Thursday, as the technology investor looks to shore up contributions from core businesses.
Vodacom has reduced the price of a gigabyte of data, bought on an ad hoc basis, by 14%, from R99 to R85, and adjusted several other data tariffs.
In sub-Saharan Africa, there are now more than a million kilometres of terrestrial fibre, most of which is terribly underutilised due to high access costs. The solution may have its origins in Britain’s early postal system.
Dimension Data said on Thursday that it has acquired Acacia Cloud Solutions, a cloud implementation specialist that works closely with Amazon Web Services.
Mastercard will invest $100-million in Airtel Africa’s mobile money operations, valuing the business at $2.65-billion, the London-listed company said on Thursday.
TSMC plans to invest $100-billion over the next three years to increase capacity at its chip-making plants, days after Intel announced a $20-billion plan to expand its advanced chip manufacturing capacity.
Huawei Technologies’ quarterly revenue shrank for the first time on record, reflecting the devastating impact of US sanctions on China’s largest technology company.
A new study has found that the global semiconductor supply chain has become increasingly vulnerable to natural disasters and geopolitical disruptions.