MultiChoice will carry losses incurred by Showmax in the “medium term”, but the goal is eventually for the streaming television service to turn a profit once broadband infrastructure in South Africa and the rest of the continent has been built out further to support it.
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Streaming services pose a significant threat to MultiChoice’s future growth potential, but they are by no means the only risks exercising the minds of the pay-television operator’s management team.
Researchers claim it is possible to profile people based on the social media activity of their friends, even if the person does not use the platform.
Multichoice Africa Group will list in the “broadcasting and entertainment” sector on the main board of the JSE on 27 February 2019, the pay-TV operator said in a statement after markets closed on Monday.
MultiChoice Africa Group, which will list on the JSE next month, expects to pay executive chairman Imtiaz Patel R22.2-million for the year ended 31 March 2019, up from R19.7-million in the 2018 financial year.
The Competition Tribunal has issued a R20-million “administrative penalty” against Computicket for abusing its dominance between mid-2005 and 2010. It has 60 business days to pay the fine.
WhatsApp is to limit the number of times users can forward any single message to five in an attempt to stop false information spreading on the platform.
Evan Blass, known for leaking details, including images, of the latest smartphones before they are officially unveiled, has published a photo of what he believes shows three models of the upcoming Samsung Galaxy S10.
Regulation can help customers and existing financial institutions gain more comfort in cryptocurrencies and drive the adoption of bitcoin. By Angus Brown.
Global hacker group Anonymous appears to be taking aim at government websites in Zimbabwe in protest at the government’s decision to block access to social media services and curtail access to the Internet.