China’s Tencent Holdings, in which JSE-listed Naspers owns a one-third stake, has bought 145.8m non-voting shares Snap, saying it plans to work closely with the social media company. In an SEC filing on Wednesday, the Snapchat
Apple, seeking a breakthrough product to succeed the iPhone, aims to have technology ready for an augmented-reality headset in 2019 and could ship a product as early as 2020. Unlike the current generation of virtual reality headsets that use
Thank you for listening to the TechCentral podcast. In this episode, Duncan McLeod is joined by Larry Schwartz, the CEO of US-based Seaborn Networks, the company that plans to build a new, high-capacity
Angola Cables has announced plans for a point of presence in Cape Town, its second in the country after Johannesburg, as the company gets ready to serve the market with the new South Atlantic Cable System
Snap still isn’t meeting much-lowered projections for growth. Now the company is taking drastic measures to shape its future. While ad prices fell as part of a transition in the company’s sales system, the larger
Bye Twitter brevity. Twitter said on Tuesday that users can send tweets with as many as 280 characters, double the current limit, the latest attempt by the social media company to revive user growth. The roll-out
Vodacom and networking equipment supplier Nokia will trial 5G technology in South Africa, the two companies said on Tuesday. Working with Vodacom in a series of workshops and trials, Nokia test how 5G
Finance minister Malusi Gigaba met with representatives of the World Bank last week to discuss financing for development of a nuclear power programme in the country, according to two people familiar with
As news emerged this week on a new submarine cable system that will connect South Africa and Brazil, another major project – the South Atlantic Cable System (Sacs) – is nearing completion. The Sacs cable, a project
I try not to give billionaires or corporate managers unsolicited advice on what they should do with their money. Warren Buffett and Apple both have done rather well for themselves and their investors without