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Jeff Bezos is about to relinquish the title of world’s richest person to Bill Gates, as Amazon.com shares tumbled in late trading on Thursday.
The City of Johannesburg said on Friday that it has detected a “network breach”, which resulted in unauthorised access to its information systems.
In a potentially serious blow to state-owned broadcasting signal distributor Sentech, the SABC has said it wants to make much more extensive use of direct-to-home satellite technology for digital broadcasting.
The SABC plans to go big on Internet streaming, offering all its content on its own online video platforms, group CEO Madoda Mxakwe has said.
Blue Label Telecoms co-founders and co-CEOs Brett and Mark Levy are stepping down as non-executive directors of the Cell C board with immediate effect.
Volkswagen Group South Africa is poised to implement a plan to move its manufacturing plant in Uitenhage, plus some of its component suppliers in an adjacent supplier park, off the national electricity grid.
Nokia only really has two competitors in the telecommunications equipment business, and one of them has been all but banned from much of the market. Pretty ripe conditions for a thriving business? Not for Nokia.
Microsoft rose on Thursday as first quarter results topped estimates and boosted analyst confidence, with Jefferies writing that the software giant should be able “to weather any storm”.
Booming cloud business and Office products helped Microsoft deliver healthy quarterly financial results, while Xbox and Surface slowed down, the company has reported in its latest results.