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
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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
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