Investors have argued that Adobe overpaid for a company that was valued at about $10-billion in a private fundraising a little over a year ago.
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Deputy President David Mabuza has told MPs that there are no plans to privatise Eskom, despite the difficulties facing the state-owned utility.
Adobe has agreed to buy software design start-up Figma in a deal valued at $20-billion to help it expand tools for creative professionals.
Ford’s glitzy introduction of a redesigned Mustang powered by fossil fuels runs counter to the industry narrative of ditching petrol-burning cars.
CEO Bob Chapek is considering merging the Hulu streaming service with Disney+, creating a single online option for viewing the company’s movies and TV shows.
Google lost most of the first round of its battle to topple a €4.3-billion antitrust fine that struck at the heart of its Android operating system.
Apple is planning to use an updated version of the Taiwanese chip maker’s latest chip-producing technology in iPhones and MacBooks next year.
Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans.
Apple shares rallied the most since May as pre-order data showed the iPhone 14 Pro Max was the best-selling model, surpassing previous sales.
The Joe Biden administration plans next month to broaden curbs on US shipments to China of semiconductors, well-placed sources said.