Samsung Electronics reported second quarter profit that beat analysts’ estimates, fuelled by stronger sales of Galaxy S7 smartphones and aggressive cost cuts. Net income, excluding minority interests
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A 1 500-word manifesto that Elon Musk unveiled last week, outlining his plan to expand Tesla Motors’ electric vehicle line and to build “stunning solar roofs”, may end up costing the company tens of billions
Apple’s quarterly results were yucky, but less so than everyone anticipated. Investors and Apple watchers have already basically written off this fiscal year ending in September as a revenue black hole. The big question is whether hints
BlackBerry unveiled its latest smartphone, a touchscreen Android device aimed at mid-market users who value the Canadian company’s reputation for enhanced security. The DTEK50 will cost US$299 (R4 300 before duties and other taxes
Porsche will add more than 1 400 new jobs as it revs up development of its first all-electric sports car to challenge Tesla Motors. Some 1 200 jobs alone will be added at facilities in and around its main factory in
BT Group should be permitted to retain ownership of the UK’s main broadband network, but it needs to give rivals better access to it, regulator Ofcom said. Ofcom called on BT, the UK’s former telecommunications monopoly
Ericsson CEO Hans Vestberg stepped down after six and a half years at the helm of the Swedish telephone equipment maker, a period marked by a falling stock price, intense competition and investigations into the company’s business
On Monday, Yahoo’s years-long fight to survive as a standalone company will draw to a close. Verizon Communications will announce plans to buy Yahoo’s core assets for a bit more than US$4,8bn before the market opens, said
It was a staggering feat, a car that went faster than the speed of sound. On 15 October 1997, Andy Green travelled across the Black Rock Desert, Nevada, in the Thrust SSC at 763mph, or Mach 1,02. Two decades on, that record remains
Elon Musk unveiled his latest “master plan” for Tesla Motors, delivering a long-term vision that includes an integrated solar and battery product, the addition of a pickup, freight truck and bus to its electric vehicle lineup, and plans for a