While President Cyril Ramaphosa says power utility Eskom is considered too big to fail, S&P Global Ratings has a different view: it could be too big to support.
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Facebook has suspended Huawei’s ability to pre-install the social network’s apps on its smartphones.
Google has warned the Trump administration that it risks compromising US national security if it goes ahead with export restrictions on Huawei, and has asked to be exempted from any ban, according to a report.
Amazon.com plans to spend billions of dollars building a network of thousands of satellites to provide broadband Internet service, CEO Jeff Bezos said.
The country’s big four traditional banks – Absa, FNB, Nedbank and Standard Bank – have together shut 695 branches since their respective peaks in the earlier part of this decade.
Google has agreed to buy Looker Data Sciences for $2.6-billion, expanding its offerings to help customers manage data in the cloud.
Each deal Google does is a reminder of its failures so far in the lucrative field of cloud computing and a potential warning sign to the software specialists that have thrived in the last decade.
Google has confirmed it has appealed against a €1.5-billion fine issued by the European Commission for alleged illegal practices in search advertising.
Facebook bosses have lost control of the social network and is unlikely to regain it, a former Harvard classmate of Mark Zuckerberg has claimed.
Oracle announced on Wednesday that it has secured a cloud-computing alliance with Microsoft, an acknowledgment the database giant’s go-it-alone approach to the cloud wasn’t working.