EOH has announced it plans to acquire 100% of the long-established Cornastone group of companies, subject to regulatory approvals. The black-led Cornastone has been in business for more than
Costly delays, growing complexity and new safety requirements in the wake of the triple meltdown at Fukushima are conspiring to thwart a new age of nuclear reactor construction. So-called generation III+ reactors were supposed to have simpler
It’s TalkCentral time. In this week’s news-packed episode, Duncan McLeod and Regardt van der Berg ask: which will be the first big tech company to reach a market capitalisation of a trillion dollars? Also this week, Apple, Facebook, Microsoft and Alphabet announce
Snap makes no secret of the fact that compulsive millennial users are its most valuable asset. Their fickle tendencies may also be its biggest risk. At least, that how it looks in the prospectus for the company’s initial public
Uber Technologies CEO Travis Kalanick is stepping down from US President Donald Trump’s business advisory council after criticism from customers and drivers. Kalanick’s participation on the council, along with more than a dozen other US
Facebook’s fourth quarter revenue climbed more than forecast, driven by advertisers’ continued push to reach consumers on mobile phones. The world’s largest social media company said sales jumped 51% to US$8,8bn, topping
The newly named chief of Japanese retailer Rakuten’s messaging app Viber plans to quickly introduce new products to better compete with Facebook’s WhatsApp and Messenger as the market faces increasing regulation in the
A recent police clampdown on driving while using hand-held mobile phones caught nearly 8 000 UK drivers in a week, ostensibly reflecting a widespread disregard of a law intended to protect all. But is using a handheld mobile
The South African Reserve Bank is open to issuing a national digital currency, which would likely be based on blockchain or distributed ledger technology. “If we go the route of issuing a digital currency, the objective would be to take
The virtual reality headset maker that Facebook bought in 2014 for US$2bn used stolen computer code, a jury said in awarding $500m to ZeniMax Media. The case was over the Oculus Rift, the device that has put the social media