Vox Telecom is acquiring Internet services company Frogfoot Networks as part of its plan to build its own fibre-optic network to serve business clients in South Africa. “The acquisition will see Vox Telecom fast-tracking its own fibre strategy by leveraging the
Cybercrooks don’t need to hack your computer or cellphone to steal an identity. They simply trawl cemeteries for a target ID, says a security expert. “Fraudsters will trawl cemeteries, online obituaries, even newspapers to find a deceased person that
There’s value in more than just credit card data, as Avid Life Media, parent company of the extramarital affair website Ashley Madison, has found out after being raided for millions of their customer’s details. All sorts of information that isn’t expressly
JSE-listed private education group Advtech has rejected an unsolicited offer from rival Curro to buy it, sending its share price plummeting. “Shareholders are advised that the board of Advtech has unanimously resolved that the proposal is not
MWeb Business client services are “now fully restored and operational”, parent Internet Solutions said on Tuesday after a “systems provisioning error” led to a major problem in the company’s virtual hosting environment at the weekend. Clients reportedly lost data
High levels of government intervention, high tax rates, complicated investment opportunities and a high level of trade union involvement have weighed down South Africa’s wealth scorecard, a study revealed on Tuesday. New World Wealth analyst Andrew
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Japan’s NEC and South African-headquartered technology group XON have reached a cross-shareholding investment deal that has resulted in NEC Europe acquiring 25% of XON Holdings. In
South Africa’s online environment has evolved significantly in recent years. The number of people with access to the Internet has grown tremendously, and the ways in which people access information and knowledge differ quite markedly compared to just a
Naspers is leading a US$4m (about R50m) funding round in Bitcoin start-up BitX. The investment is being made through Naspers payments subsidiary PayU, with BitX’s existing investor, Barry Silbert’s Digital Currency Group, also participating in the round
