After a massive selloff on Monday, shares of South Africa’s biggest listed telecommunications companies continued to trade lower into Tuesday.
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Amazon.com needs to shake off a patchy record in live sports when it brings the world’s richest soccer competition to millions of fans from Tuesday.
The Twitter CEO said in a post last week that he’ll spend three to six months somewhere on the continent next year. But investors have appeared less convinced of the executive’s intentions over the following days.
Amazon Web Services has developed a more powerful version of its own chips to power services for cloud computing customers in a major challenge to market leader Intel.
Facebook is releasing a tool that allows users to transfer their photos directly to Google’s storage service in a bid to give people “control and choice”.
The media ecosystem is undergoing a massive change as streaming video looks to extend its recent dominance over traditional distribution, according to research firm MoffettNathanson.
Vodacom and MTN must drop mobile data prices significantly, failing which the Competition Commission will consider prosecuting the two companies.
The Competition Commission on Monday unveiled surprisingly broad-ranging, tough and radical interventions in the data services market, including a proposal that mobile operators be forced to give South Africans a free allocation of daily data.
Vodacom and MTN said in reaction to interventions by the Competition Commission that a failure by government to allocate spectrum timeously is one of the reasons data prices are higher than they would otherwise be.
Cell C’s creditors aren’t giving up on a takeover offer from rival Telkom, which South Africa’s third largest mobile network operator rejected last week.