MTN Group is planning to sell part or all of its R4.2-billion interest in Jumia Technologies as it looks to pay down debt and enter new markets, according to people familiar with the matter.
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Samsung Electronics unveiled its latest Galaxy Note smartphone on Wednesday hoping to regain ground against rivals Huawei and Apple as the smartphone market begins to recover from its Covid-19 slump.
Telkom Kenya said on Wednesday it was no longer pursuing a proposed joint venture transaction with the Kenyan unit of India’s Bharti Airtel.
When US President Donald Trump declared TikTok a threat to American national security, there were more than a few people who thought, “What’s that?”
Facebook rolled out its own version of social media rival TikTok in more than 50 other countries on Wednesday, embedding a new short-form video service called Reels as a feature in Instragram.
Microsoft has confirmed that its mobile streaming videogame service, Project xCloud, will officially be launched on 15 September.
Tencent wants to merge China’s biggest game-streaming platforms, Huya and DouYu International, people familiar with the matter said, in a deal that would allow it to dominate the $3.4-billion arena.
President Donald Trump’s unprecedented demand that the US get a cut of the proceeds from the forced sale of TikTok is based on an interpretation of law that may be open to challenges.
Cell C said on Tuesday that it is making “good progress” in what it calls a “complex recapitalisation” aimed at ensuring the financially troubled mobile operator survives the debt noose around its neck.
A US investigation into ByteDance’s TikTok is really intended to smother a Chinese-owned app that’s become a sensation with Americans, founder Zhang Yiming told employees in China.