It’s official. TopTV founding CEO Vino Govender is stepping down from the satellite pay-TV operator with immediate effect amid plans for a “possible restructure” at the company to ensure it “remains competitive and relevant in the pay-TV environment in SA”. Eddie Mbalo, chairman of TopTV

Just over a year ago I asked whether Facebook was really worth US$50bn. On Thursday I got my answer: no, it’s worth more like $100bn. After years of flirting with the market, Facebook has finally opened its kimono and started the process of offering its shares for public trading. On 1 February

In an unassuming house on a golf estate in Centurion, south of Pretoria, nearly 30 Dell desktop computers run 24 hours a day in a makeshift server room. The machines are crawling Web feeds of breaking news along with all of the text of the US Library of Congress. This is the home of technology

Mark Zuckerberg controls a majority of Facebook’s voting rights, and will continue to enjoy that control after it goes public, according to an unusual arrangement he struck with some key investors and colleagues among Facebook’s shareholders. A string of voting arrangements outlined

Democratic Alliance MP Marian Shinn has been named by the party’s parliamentary leader, Lindiwe Mazibuko, as the new shadow minister of communications, replacing Natasha Michael, who takes on the public enterprises portfolio. Junita Kloppers-Lourens has been appointed shadow

Facebook filed for an initial public offering on Wednesdsay and included an updated report on the giant social network’s user and usage data. The company’s total number of active monthly users, which it defines as registered Facebook users who have logged in and visited the

Some would look at Google’s recent PR flub over privacy policies and settings as a bit of a fiasco. Microsoft, of course, sees it as an opportunity. This week, the software company is placing a series of advertisements in newspapers across the US to remind consumers that it

Facebook has filed its S-1 form with the US Securities and Exchange Commission (SEC), announcing its intention to go public. The stock ticker symbol will be FB. No starting price has yet been named, but Facebook did say in the filing it expects to raise

Facebook’s core values include a powerful, results-orientated, anti-theoretical philosophy called the “Hacker Way”, according to founder Mark Zuckerberg. “The Hacker Way is an approach to building that involves continuous improvement and iteration,” Zuckerberg writes

Online personal financial management start-up 22seven on Wednesday accused Absa of blocking its US technology partner Yodlee from accessing users’ Internet bank accounts. Absa confirms it has blocked the service and on Wednesday defended its decision in an interview with TechCentral. 22seven has provoked