Facebook’s remaining partners in its digital currency project signed paperwork on Monday to officially join the Libra Association.
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In his latest bid to reduce losses at Uber Technologies, Dara Khosrowshahi fired about 350 employees, in what he said is the “last wave” of workforce reductions.
The JSE-listed software services group reported a rare slide in profitability for the year ended 30 June 2019 and has deferred a decision on a dividend payment to shareholders to the end of the year.
EOH Holdings’ new black empowerment partner, Lebashe Investment Group, has said it won’t subscribe for a R250-million third and final tranche of a planned R1-billion investment in the JSE-listed technology group.
Apple is seeing higher iPhone demand than it expected, thanks to two forces consumers find hard to resist: falling prices and the inevitable ageing of older models.
Helios Towers met with a tepid response for a long-delayed share offering that gives investors a foothold in Africa’s fast-growing wireless tower industry.
Private equity firm Thoma Bravo agreed to buy Sophos Group for $3.8-billion, taking the British cybersecurity firm private in the biggest takeover of a UK technology firm this year.
South Africa has been promising for months to fix Eskom. While little tangible progress has been evident so far, several key decisions are due to be taken this month.
Facebook’s effort to create a cryptocurrency was dealt a blow on Friday after several key partners, including Mastercard, Visa, eBay, Stripe and Mercado Pago, abandoned the project.
A special general meeting of 4Sight shareholders, at which the removal and election of a range of board directors was to be voted at, was called off prematurely on Friday.