Royal Philips has reached out to Chinese rivals to gauge their interest in acquiring its home appliance unit, which could fetch as much as $4-billion, people with knowledge of the matter said.
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Fibre industry lobby group FTTx Council Africa announced on Wednesday that it is rebranding as the Digital Council Africa to reach a broader audience.
Samsung Electronics said it will start selling an upgraded version of its compact foldable smartphone with 5G networking, called the Galaxy Z Flip 5G, on 7 August.
South Africa’s benchmark equities index is set to erase its 2020 drop, staging a spectacular snap-back from its March trough following a surge in shares of market heavyweight Naspers.
eBay has agreed to sell its online classifieds business to Norway’s Adevinta for $9.2-billion (R152-billion), ending one of the largest auctions of the year.
Adobe and IBM said on Tuesday they are teaming up to make marketing software easier to use for banks that face strict controls on how customer data must be handled.
Spotify Technology said on Tuesday it was rolling out a video feature for its podcasts, letting select creators bring both audio and video content to the music streaming app.
VALR.com has raised R57-million to help fund further expansion, with proceeds from the capital raise to be used to explore new products for the South African market.
IBM beat estimates for second quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.
The high court in Pretoria has overturned a controversial 2019 decision by former trade & industry minister Rob Davies that gave Telkom privileged black economic empowerment status by the government.