With Facebook’s user growth in developing countries soaring, mutual funds focused on emerging economies are increasing investments in the Menlo Park, California-based company. Six years ago, 60% of the social platform’s 482m
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SpaceX’s billionaire founder Elon Musk called the Falcon 9 explosion its most perplexing failure in 14 years, deepening the mystery surrounding the loss of the satellite-bearing rocket on its launchpad last week. US investigators are looking into
Edward Snowden is increasingly unhappy with the situation in Russia, where he has lived for more than three years. President Vladimir Putin once welcomed the National Security Agency contractor for his propaganda value, but he may be
While Apple fans obsessed over the lack of a headphone jack in the company’s latest iPhone, its updated smartwatch also had a notable omission: over-the-top bling. Apple’s “Series 2” watch line, unveiled Wednesday in San Francisco
Dell Technologies wrapped up the acquisition of EMC in the largest technology deal in history, positioning the company to use its size to invest in new areas and fend off competition from the cloud and other rivals. The combination creates a
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