Warren Buffett’s Berkshire Hathaway acquired nearly $1-billion of shares in Activision Blizzard just before Microsoft agreed to buy the videogame maker.
Intel is close to buying Israeli firm Tower Semiconductor for about $6-billion, a source said, a move aimed at competing better with Taiwan’s TSMC.
A fire at a Durban warehouse released a range of harmful chemicals across a wide area, according to a report released by the provincial government.
Elon Musk reported that he gifted almost $6-billion worth of Tesla shares to charity in November.
Cape Town has threatened to scrap contracts with companies including EOH, EY and Nedbank after the firms were named in the Zondo probe into state capture.
President Cyril Ramaphosa has defended the ANC’s long-held policy of a “mixed economy” for South Africa, one where there is a big role for the state. History suggests he’s wrong.
Government said it’s working to restore access to a number of state websites that were hit by an outage on Monday.
Ericsson is the latest company to move to Johannesburg’s fast-growing Waterfall development, near Midrand, as the area increasingly attracts growing interest from tech firms.
Rolls-Royce, the engine maker known for powering Airbus and Boeing workhorse jets, expects a fully electric small aircraft in three to five years.
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