Uber Technologies will sell its China business to Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter, ending a costly battle between the two companies
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Technology billionaires are making a run for the top of the global wealth rankings as surges for Facebook, Amazon.com and Google parent Alphabet added US$5,6bn to their founders’ fortunes this week. Google co-founders
Many undergraduates in Nigerian universities dabble in Internet fraud. Nicknamed “yahoo-yahoo” after the international Web portal and search engine, this perfidy has become a way of life for the young con artists
Google has spent years telling Wall Street its investments in non-advertising businesses will eventually pay off. Thursday’s results suggest that’s beginning to happen. Google parent Alphabet reported second
Facebook shares jumped in late trading after the company reported second quarter revenue that beat analysts’ projections, lifted by surging sales of video and Instagram ads and a boost in users. Second quarter
Samsung Electronics reported second quarter profit that beat analysts’ estimates, fuelled by stronger sales of Galaxy S7 smartphones and aggressive cost cuts. Net income, excluding minority interests
A 1 500-word manifesto that Elon Musk unveiled last week, outlining his plan to expand Tesla Motors’ electric vehicle line and to build “stunning solar roofs”, may end up costing the company tens of billions
Apple’s quarterly results were yucky, but less so than everyone anticipated. Investors and Apple watchers have already basically written off this fiscal year ending in September as a revenue black hole. The big question is whether hints
BlackBerry unveiled its latest smartphone, a touchscreen Android device aimed at mid-market users who value the Canadian company’s reputation for enhanced security. The DTEK50 will cost US$299 (R4 300 before duties and other taxes
Porsche will add more than 1 400 new jobs as it revs up development of its first all-electric sports car to challenge Tesla Motors. Some 1 200 jobs alone will be added at facilities in and around its main factory in