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
Browsing: World
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
It is looking increasingly likely that computer hackers have in fact successfully attacked what had been the pinnacle of cybersecurity…
Facebook CEO Mark Zuckerberg has made his first big share sale to fund his family’s philanthropic initiative. The sale of more than 760 000 shares of Facebook stock, valued at about US$95m, was made by Chan Zuckerberg
If you can’t beat them, buy them. European banks are acquiring mobile-savvy financial technology (fintech) start-ups rather than building their own. Given the long history of start-ups that have sold themselves for eye-watering
Lenovo expects its loss-making smartphone business to turn a corner next financial year as it shifts toward higher-end devices and ramps up marketing in the US and China. The world’s largest PC maker
Ford Motor Co, which put the world on wheels a century ago, is now taking the driver out of the driver’s seat. The company said it plans to have a fully autonomous vehicle – no steering wheel and no accelerator or brake
Cisco Systems, the largest maker of networking equipment, will cut as many as 14 000 employees worldwide, or 20% of its workforce, CRN reported, citing people close to the company. San Jose, California-based Cisco