African Rainbow Capital has attached an intrinsic value to telecommunications upstart Rain of R11.7-billion, or almost a third of Telkom’s market capitalisation.
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Facebook is reportedly preparing to launch its own version of bitcoin, for use in its messaging applications, WhatsApp, Messenger and Instagram. There are good reasons to be sceptical about its potential.
Apple has fired back at Spotify’s antitrust complaint, saying the music streaming giant wants all the benefits of its app store without contributing to the marketplace.
Tesla CEO Elon Musk has unveiled a cheaper electric crossover SUV, the Model Y, in a bid to regain momentum after a rough start to the year.
Facebook said a shift in the setup of its computer servers caused a widespread outage described as the largest ever recorded to hit the social media network and its other services.
Standard Bank Group expects to close 91 branches across South Africa, most by the end of June, in a move that may affect about 1 200 employees.
Parliament’s portfolio committee on communications has adopted a final report that recommends eight candidates to fill the SABC board.
Huge Group is acquiring Otel in a share-swap deal involving its subsidiary, Huge Networks, the JSE-listed telecommunications specialist said in a statement to shareholders after markets closed on Thursday.
The latest plants built by South Africa’s financially strapped power utility experienced outages on Thursday that led to ongoing electricity cuts.
Facebook is under criminal investigation in the US over the alleged sharing of user data with some of the world’s biggest technology firms, a report has claimed.