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Japan’s NTT Corp has launched NTT Ltd following the merger of NTT Communications, Dimension Data and NTT Security into a single, $11-billion business. It will be headquartered in London and led by Jason Goodall.

Google and Facebook are in a race to surround Africa with high-capacity subsea broadband infrastructure, with the former announcing that the first phase of its project, which will connect South Africa to Portugal, will be ready for service in 2021.

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BlackBerry maker Research in Motion (RIM) is preparing to shed 2 000 of its 16 500-strong global workforce in a large-scale cost-cutting exercise. This is according to a report in the The Guardian on Monday. The newspaper cites Canada’s Globe and Mail newspaper, which claims the information came from

Once a serious rival to search engine Google, Yahoo has slipped in popularity in recent years. Now, it’s launched its own mobile browser, called Axis, in an apparent effort to win back users and remain relevant in the mobile Internet age. Axis is designed for Apple’s iPad and iPhone, with Android and Windows Phone

Shares in Facebook fell sharply shortly after markets opened in the US on Monday, falling by more than 13%, below Friday’s listing price of $38/share, as investors fretted about the company’s ability to grow as quickly as the high listing valuation demands. The share, which seesawed in its first day

On Friday, social network Facebook will list on Wall Street in the third largest initial public offering (IPO) in US history and the largest in the technology sector. The initial share price is set at US$38 and, with 421m shares being listed, the move will make