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Online video behemoth YouTube, owned by Google, is said to have reached a deal to buy Twitch, a company that streams video of people playing videogames, for more than US$1bn. But why? According to a report by Variety, in which it quotes unnamed sources close to the deal, the purchase will be an “all-cash offer” and will be announced

MTN plans to spend US$3bn (about R31bn) on its network in Nigeria over the next three years to improve quality of service. The company has previously had quality problems with its network in the West African country. According to website BDlive, the Nigerian Communications Commission banned MTN and two other mobile operators

Apple could be about to splash as much as US$3,2bn on Beats Electronics, the maker of a range of popular headphones. According to a report in the Financial Times, a deal could be announced as early as next week. But it may be less the headphones than Beats’s new music streaming service that has attracted the interest of Apple

Nigeria plans to double investment in the information and communications technology (ICT) sector from US$25bn to $50bn in the next few years, according to the West African nation’s communication technology minister, Omobola Johnson. Johnson said that her ministry and the Nigerian Communications Commission