MultiChoice will carry losses incurred by Showmax in the “medium term”, but the goal is eventually for the streaming television service to turn a profit once broadband infrastructure in South Africa and the rest of the continent has been built out further to support it.

Streaming services pose a significant threat to MultiChoice’s future growth potential, but they are by no means the only risks exercising the minds of the pay-television operator’s management team.

Years after starting a process to sell its non-core assets, JSE-listed technology group Altron has received regulatory approval to dispose of the last company it had a controlling interest in and which it had ring-fenced for sale.

The Public Investment Corp, Africa’s biggest money manager, said it has suspended two employees after an investigation into a transaction with Ayo Technology Solutions.

TomTom will sell its Telematics fleet-management business to tyre manufacturer Bridgestone for $1-billion, freeing up resources to battle the likes of Alphabet for access to mapping technology in car dashboards.

The US has indicated it will pursue the extradition of a top Huawei executive, Canada’s ambassador to Washington said, suggesting the case might not be resolved in trade talks with China.

Lawmakers in Europe are set to test how important Google thinks its news aggregation service really is.

Zimbabwe’s high court has ruled that unrestricted access to Internet services must be restored following a shutdown of social media applications that has lasted for almost a week.

Researchers claim it is possible to profile people based on the social media activity of their friends, even if the person does not use the platform.

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