The astonishing things is that shareholders were asked to approve the new scheme – and did – without knowing what the performance condition was.
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At current levels, Apple has a valuation of about $1.02 trillion, putting it slightly under Microsoft, the largest publicly traded US stock, with a valuation of $1.05-trillion.
Facebook’s libra would be blocked in Europe because the digital currency is too risky and threatens sovereignty, French finance minister Bruno Le Maire said on Thursday.
Frogfoot Networks has acquired the network assets and customer base of Blitz Fibre and entered into a deal with the company to accelerate the roll-out of fibre in multi-dwelling units across South Africa.
Scientists in the UK have made a “world-first” discovery on a distant planet that hosts both water and temperatures which could support life.
Customers of leading fibre-to-the-home broadband provider Cool Ideas have been suffering from intermittent and sometimes non-existent Internet access since Tuesday night.
Investors piled into Naspers’s newly listed Dutch unit, holding assets including a lucrative stake in Tencent Holdings, sending its shares soaring on their trading debut in Amsterdam.
The executives behind Wantitall and Parcelninja have launched a “global sourcing” e-commerce website promising half a million branded goods to South Africans at cheaper prices than available through other retailers.
Audi has swapped headlights for drones in its latest futuristic vehicle concept, revealed at the Frankfurt Motor Show.
Apple’s decision to skip support for the latest wireless standard on its new iPhones may cost the company a chance at capturing China’s biggest smartphone replacement wave in years.