Kenya’s government opposes using regulation to force East Africa’s biggest mobile operator, Safaricom, to be broken up, after a draft study found the company is dominant in the country’s telecommunications industry, ICT secretary Joseph Mucheru
Browsing: World
South Korea’s special prosecutor accused Jay Y Lee and other Samsung Group executives of conspiring to create fake documents to mask millions of dollars in bribes funnelled to a confidante of the nation’s president. Lee, the de facto head of
Spotify has surpassed 50m subscribers, extending its lead over rivals Apple Music, SoundCloud and Google as the world’s largest paid music streaming service. The service, owned by Stockholm-based Spotify, has been growing
Snap, maker of the disappearing photo app that relies upon the fickle favour of millennials, jumped in its trading debut after pricing its initial public offering above the marketed range. Shares opened at US$24 and
Artificial intelligence boosters predict a brave new world of flying cars and cancer cures. Detractors worry about a future where humans are enslaved to an evil race of robot overlords. Veteran AI
Amazon.com’s cloud computing service was beset by errors on Tuesday, disrupting thousands of online services from project management and expense reporting tools to commuter alerts. Amazon Web Services
Telecommunications executives from Vodafone Group to Deutsche Telekom and Telefonica are headed to the industry’s annual get-together in Barcelona next week with more on their minds than the latest handsets. Deals under consideration
It took Alphabet’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies allegedly did it in nine months. Waymo claims in a lawsuit filed on Thursday that was possible
Let’s say this upfront: buying shares in Snapchat’s initial public offering next week is an act of lunacy. It’s nuts to buy stock of a company with just a two-year track record of generating revenue, a loss of $1,27 for each
Fitbit’s fourth-quarter revenue fell 19%, hurt by fading consumer demand for its once-popular wearable fitness trackers. Revenue in the quarter – which includes the holiday shopping season – dropped to $573,8m, the