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One of the worst weeks in Tesla’s 15-year-history has sapped Elon Musk’s net worth and made the moonshot goals underlying his US$2.6bn award seem all the more audacious. The electric car maker’s stock

Facebook is conducting a broad review of all its data practices and taking a much more conservative stance on some policies, moves that could limit advertisers’ ability to target users on the social network, according to people

Kenya and Tanzania are to get high-speed fibre-to-the-home connections offering a triple-play bundle of broadband, telephony and cable television thanks to a US$200m investment from the private sector. The company behind the project, Wananchi — which is backed by Cisco Capital and East Africa Capital Partners — says it would love to do the same in SA, but the regulatory environment here precludes it from doing so.

Telkom is trying urgently to renegotiate multiple contracts entered into by its troubled Nigerian subsidiary Multi-Links. If it can’t reach new agreements with the suppliers, Multi-Links could be forced to shut up shop. That’s the stark warning from Telkom acting CEO Jeffrey Hedberg, who had been running the Nigerian business until a few weeks ago, when he was called on by Telkom’s board to head up the group following the premature departure of former CEO Reuben September.