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Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, according to a person with direct knowledge of the fund’s plans.

Two days after Elon Musk vowed on Twitter that he had “funding secured” for a spectacular $82-billion deal to take Tesla private, he has offered no evidence to back up the statement

Want fibre to your home? You could soon have it. i3 Africa, a new company backed by the National Empowerment Fund, plans to build a high-speed fibre network connecting 2,5m homes within the next

Can Microsoft undergo a dramatic transformation to make itself cool again in the eyes of consumers, or are old dogs just incapable of learning new tricks, asks Brett Haggard. With Windows dominating the desktop operating system market