South African Internet billionaire Mark Shuttleworth’s HBD Venture Capital has sold its stake in South African 3D Doppler ball-tracking sports radar specialist FlightScope to management on what
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Orange is seeking deals in Africa as France’s biggest wireless carrier targets the continent as a source of additional revenue growth, according to a company official. “We are looking for acquisition opportunities in
South Africa’s central bank has recommended rejecting a bid to buy Habib Overseas Bank’s local unit because of concerns about the source of the two businessmen’s income and tax declarations
EOH has announced it plans to acquire 100% of the long-established Cornastone group of companies, subject to regulatory approvals. The black-led Cornastone has been in business for more than
It’s TalkCentral time. In this week’s news-packed episode, Duncan McLeod and Regardt van der Berg ask: which will be the first big tech company to reach a market capitalisation of a trillion dollars? Also this week, Apple, Facebook, Microsoft and Alphabet announce
Snap makes no secret of the fact that compulsive millennial users are its most valuable asset. Their fickle tendencies may also be its biggest risk. At least, that how it looks in the prospectus for the company’s initial public
Uber Technologies CEO Travis Kalanick is stepping down from US President Donald Trump’s business advisory council after criticism from customers and drivers. Kalanick’s participation on the council, along with more than a dozen other US
Facebook’s fourth quarter revenue climbed more than forecast, driven by advertisers’ continued push to reach consumers on mobile phones. The world’s largest social media company said sales jumped 51% to US$8,8bn, topping
The newly named chief of Japanese retailer Rakuten’s messaging app Viber plans to quickly introduce new products to better compete with Facebook’s WhatsApp and Messenger as the market faces increasing regulation in the
A recent police clampdown on driving while using hand-held mobile phones caught nearly 8 000 UK drivers in a week, ostensibly reflecting a widespread disregard of a law intended to protect all. But is using a handheld mobile