The story of Oculus VR is the kind of garage-to-greatness story that geeks usually love. A passionate, self-taught tinkerer barely out of his teens revives a dead technology and two years later, Facebook buys his company for US$2bn. So, why are many of the company’s earliest backers so angry? Oculus VR makes virtual reality headsets
Times Media Group (TMG) is under investigation for allegedly trading during a closed period, when directors are not allowed to trade in shares, Business Report reported on Monday. “We are aware of this matter and are investigating accordingly,” JSE head of investigations Eure Saaiman was quoted as saying
Three days of rain in the Northern Cape lent a surprisingly green backdrop to Thursday’s inauguration of South Africa’s first MeerKAT antenna, one of 64 that will dot the site. The white-latticed giant stands nearly 20m above the normally arid and empty landscape, gazing at the prototype seven Karoo Array Telescope (KAT-7) dishes
Despite turning in a slump in revenue in the six months ended 31 December 2013, troubled technology services company Gijima appears finally to be having at least some success in righting the ship. But it’s not quite clear of the rocks yet. Revenue from continuing operations fell by 19% to R741,3m, from R911,2m
Nearly R1,5bn — that is what was wiped off the market capitalisation of technology group Pinnacle Holdings in just two trading sessions this week after news emerged that one of its directors and biggest shareholders, Takalani Tshivhase, had been arrested on
Following last year’s entertaining but somewhat rote Thor: The Dark World and Iron Man 3, Marvel has kicked off 2014’s annual blockbuster season with one of its best pictures to date. Captain America: The Winter Soldier is a witty, snappily paced hybrid of spy thriller and comic book mayhem. The sequel to Captain America
Pinnacle Holdings CEO Arnold Fourie has taken advantage of a recent slump in the technology group’s share price, which followed the arrest of executive director Takalani Tshivhase for alleged corruption, by snapping up more than R13m worth of shares. On Friday, Pinnacle revealed to shareholders that the Arnold Fourie Family Trust
The Congress of the People (Cope) has welcomed former communications minister Dina Pule’s decision to withdraw as an ANC candidate for member parliament. “We are disappointed, however, that it took a lot of public pressure and shaming before Ms Pule could see the writing on the wall,” Cope president Mosiuoa Lekota said on Friday
View the latest Backspace cartoon from Jerm.
Have you ever thought about what it would be like to speak to your car, to ask it to navigate you to a point of interest without knowing the address, or asking for restaurants by cuisine type that are closest to your current location? How about just telling your vehicle “I’m hungry”, and it bringing up a list of restaurants
