US politicians’ efforts to rein in US-based social media giants such as Twitter and Facebook risk restricting democratic freedoms worldwide, including in Africa.

Naspers and Prosus, the European-listed spin-off of Naspers, have appointed Ervin Tu as group chief of investments, strategy and mergers & acquisitions of both companies.

Consumer price inflation accelerated to a 30-month high of 5.2% year on year in May, moving above the midpoint of the central bank’s target range for the first time since Covid-19 struck.

Telkom’s streaming video platform, TelkomOne, which was launched in November in partnership with the SABC, has unveiled a catch-up service, allowing viewers to watch linear content on demand.

EOH Holdings, the JSE-listed technology services group, has appointed IBM veteran Ziaad Suleman as chief commercial officer of its core iOCO business.

The Spanish high court has authorised the extradition of John McAfee, an antivirus software creator, to the US where he faces tax fraud charges, a court document showed on Wednesday.

The Nasdaq ended at a record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf tech companies as investors shifted their focus to growth stocks.

Microsoft took its place in the history books as just the second US public company to reach a $2-trillion market value, buoyed by bets its dominance in cloud computing and enterprise software.

Promoted | TechCentral, in partnership with SUSE, is conducting a Kubernetes survey to better understand and examine the Kubernetes sphere within South African organisations.

Promoted | The rapid pace of technological evolution has meant businesses have had to keep up with an almost relentless bombardment of change. Ironically, the surest path to success is slowing down.