Browsing: World

Mercedes-Benz is looking at mounting automated flying drones onto a new line of electric vans as part of a €500m (R7,9bn) investment aimed at speeding delivery times for online orders. The small, pilotless aircraft would be part

Tencent Holdings, in which South Africa’s Naspers has a 34% equity stake, has surpassed China Mobile to become the country’s most valuable corporation, underscoring the growing importance of a vibrant private economy

SpaceX and federal investigators are poring over a few milliseconds of data as they probe why a blaze destroyed a Falcon 9 rocket and satellite on a Florida launchpad two days before a scheduled flight. The space exploration company founded by

The European Union’s ruling that Apple must pay the Irish tax authorities €13bn in back taxes appears to be a victory for fair tax campaigners. The amount is equal to about 30% of the total tax take in Ireland, or almost €7 000 for every employee in the

David Drummond, the chief legal officer at Google parent company Alphabet, has stepped down from Uber Technologies’ board of directors as the two companies move further into each other’s territories. Drummond joined the board in 2013 when

Apple was ordered to repay a record €13bn (US$14,5bn; R210bn) plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill. The world’s richest company benefited from a “selective tax treatment” in

Forget bitcoin. There’s a new digital currency that is surging as online drug dealers begin adopting it to conduct business with more anonymity. The two-year-old currency monero has more than quadrupled this month after gaining

Apple has hitched itself to music celebrities to pitch Apple Music, the US$10/month (South Africa: R59,99/month) digital service launched a year ago. There was the very public catering to Taylor Swift. Apple broke out its

Tim Cook, who is marking his five-year anniversary as Apple’s CEO this week, received shares valued at US$373m (R5,3bn at the time of writing) during that period as the iPhone maker’s stock doubled on his