IBM just made the cloud computing war far more interesting. It’s not an easy sell, but IBM and Red Hat certainly make a more compelling cloud computing alternative.
IBM’s purchase of Red Hat is a $33-billion bid aimed at catapulting the company into the ranks of the top cloud software competitors.
IBM has announced it will buy Red Hat, the world’s biggest Linux company, for $34-billion. That’s more than a quarter of IBM’s market capitalisation, and comes as the legacy computer giant tries to play catch-up in cloud computing.
Apple is about to give two product lines much-needed upgrades after the gadgets slipped into the towering shadow of the iPhone.
Qualcomm says its fight with Apple over how much the chip maker can charge for essential patented technology used in iPhones and iPads is getting pricey.
Tesla CEO Elon Musk has said the $20-million penalty he was given for announcing on Twitter that he had funding to take the electric vehicle maker private was “worth it”.
South Africa’s recovery from corruption at its state-owned companies requires thorough reform and punishing those responsible, according to public enterprises minister Pravin Gordhan.
Naspers said on Friday that it will invest R1.4-billion to help South African technology entrepreneurs grow their start-ups and will invest R4.6-billion over the next three years in the local technology sector.
Rain will build a 5G network in South Africa, chairman Paul Harris said at the South Africa Investment Conference on Friday. It will leverage its existing spectrum allocation in the 3.6GHz band to do this, he said.
President Cyril Ramaphosa said his administration has placed economic growth and job creation at the top of its agenda, and it will ensure there is greater clarity about policy and land ownership rights.