Entities involved in South Africa’s national payment system, including BankservAfrica and the Payments Association of South Africa, have begun work on a major architectural and technical overhaul to facilitate

Uber Technologies, whose losses have piled up in the quest for growth around the world, will be profitable within three years, said CEO Dara Khosrowshahi. Bending the company’s financial trajectory out of the red

Microsoft will start adding new videogames, including upcoming Halo and Gears of War, to a monthly subscription service it introduced last year in an effort to lure gamers from Sony and Nintendo. Starting with the 20 March

Facebook has launched a classifieds marketplace in South Africa, taking on the giants in the space such as Gumtree and OLX. Facebook Marketplace offers users a single destination, built into the social media’s website, where they

Many people working in the technology industry today got their start on a machine made by Commodore International — a Vic-20, a Commodore 64 or, if they were lucky enough, an Amiga. A new documentary movie, to be released

Critics of bitcoin often argue that it’s useless as a means of payment, one of the key elements of any successful currency. That’s not quite right, and likely to become less so. First, a reminder on how bitcoin works. If I want to send someone

Eskom is wasting no time approaching potential lenders in the hope that Saturday’s board overhaul was enough to ease concerns about governance at the struggling utility. The company will ask banks for funding commitments to

Netflix surged in late trading after a blow-out quarter, vaulting past US$100bn in market value for the first time to put the video service on a lofty perch with the likes of Goldman Sachs Group and Qualcomm. The world’s largest online

fter months of tinkering, Amazon.com has finally deemed its cashier-free convenience store ready for business. Amazon Go, as the outpost is called, opened its doors to the public on Monday. The US store is outfitted with

Richemont’s decision to plough €2.7bn into e-commerce by buying out Yoox Net-a-Porter is a wake-up call to sceptics who thought consumers would never buy US$5 000 Cartier necklaces and $50 000 Vacheron