SoftBank Group told shareholders of WeWork that it could withdraw from an agreement to buy $3-billion of stock in the co-working business, casting doubt on a deal that had been set to close in about two weeks.

South Africa now has 116 confirmed cases of the novel coronavirus. “This means that there has been an increase of 31 new cases from yesterday’s announcement,” said the health department on Wednesday morning.

For years, television executives have fretted there is too much TV. Now, with the coronavirus looming large, they are worried there might not be enough.

Promoted | SUSE has partnered with key hardware vendors for the IoT market and has a product portfolio that includes solutions for containers and other technologies that chime well with current DevOps practices.

The contribution to Remgro’s headline earnings from CIVH – the parent company of Vumatel and Dark Fibre Africa – amounted to a loss of R197-million in the six months ended 31 December 2019.

Many South African technology companies are allowing their employees to work from home and encouraging them to make use of technology to avoid face-to-face meetings with colleagues and clients.

MultiChoice Group-owned pay-television service DStv is offering free access to its 24-hour news channels, including to non-subscribers, it said in a statement on its website.

South Africa’s fifth mobile operator, Rain, is upping the ante with its bigger rivals, offering uncapped 4G/LTE Internet access for R479/month.

Labour and business are pushing the government to find a way to utilise an unemployment fund with assets of about R180-billion to fight the effects of the coronavirus outbreak.

Amazon.com will hire 100 000 people – and give US workers a $2/hour raise in an effort to meet crushing demand from customers placing online orders for household essentials.