Uber Technologies CEO Travis Kalanick is stepping down from US President Donald Trump’s business advisory council after criticism from customers and drivers. Kalanick’s participation on the council, along with more than a dozen other US
Facebook’s fourth quarter revenue climbed more than forecast, driven by advertisers’ continued push to reach consumers on mobile phones. The world’s largest social media company said sales jumped 51% to US$8,8bn, topping
The newly named chief of Japanese retailer Rakuten’s messaging app Viber plans to quickly introduce new products to better compete with Facebook’s WhatsApp and Messenger as the market faces increasing regulation in the
A recent police clampdown on driving while using hand-held mobile phones caught nearly 8 000 UK drivers in a week, ostensibly reflecting a widespread disregard of a law intended to protect all. But is using a handheld mobile
The South African Reserve Bank is open to issuing a national digital currency, which would likely be based on blockchain or distributed ledger technology. “If we go the route of issuing a digital currency, the objective would be to take
The virtual reality headset maker that Facebook bought in 2014 for US$2bn used stolen computer code, a jury said in awarding $500m to ZeniMax Media. The case was over the Oculus Rift, the device that has put the social media
New allegations by President Jacob Zuma’s supporters that South Africa’s biggest banks are frustrating efforts to address racial inequality signal an escalation of a battle for control of the nation’s financial system, including the treasury. Protestors from the
Government is considering a one-year extension to a contract with Net1 UEPS Technologies to make welfare payments to 17,2m people even after legal battles with the company, according to a government official with knowledge of
Imagine the scenario where accessibility, affordability and quality – the three key pillars for a communications environment in South Africa – deliver the economic and social benefits that governments, researchers, industry bodies
MTN is boosting its economic interest in mobile phone tower operator IHS Group from 15% to 29%, the JSE-listed telecommunications group told shareholders on Wednesday. In a statement on the JSE’s stock exchange