After fuelling the 20th century car culture that reshaped cities and defined modern life, petrol has had its day. The International Energy Agency forecasts that global petrol consumption has all but peaked as more efficient cars and the
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Symantec, one of the world’s largest cybersecurity companies, agreed to buy LifeLock for about US$2,3bn (R33,2bn) including debt to expand in services for identity protection. The offer for LifeLock values its shares at $24 apiece, according
Facebook is taking steps to address its role in spreading fake news, such as enlisting the help of third-party fact checkers and posting warnings on dubious stories. CEO Mark Zuckerberg on Friday responded to
US President-elect Donald Trump made the vilification of China a key plank of his stormy campaign. Yet its technology giants are already figuring out how they can profit off his victorious White House bid
Airbnb took a first step toward shifting its identity from a home-rental business to a full-service travel company, unveiling additions to its website and mobile applications that will give travellers tools to plan
Tencent Holdings, in which South African technology and media giant Naspers holds an approximately one-third stake, posted a 43% rise in third-quarter profit as its ability to attract Chinese gamers and social media mavens fuelled advertising growth. Net income climbed to
Snap, the parent company of Snapchat, has filed confidentially for an initial public offering, according to people familiar with the matter. Snapchat filed papers with the US Securities and Exchange Commission before last week’s US presidential election
Apple is weighing an expansion into digital glasses, a risky but potentially lucrative area of wearable computing, according to people familiar with the matter. While still in an exploration phase, the device would connect wirelessly
Twitter has announced new measures to crack down on the hate speech and online abuse pervading its social media platform. In the wake of a contentious US election, the micro-blogging site has seen its
Samsung Electronics, the world’s biggest maker of smartphones, has agreed to buy Harman International Industries for about US$8bn in cash to expand in high-end car audio and connected automobiles. The offer values Harman shares