Oh, how the mighty have fallen. For months the tech press has swirled with persistent rumours that News Corp is selling MySpace. On Tuesday it emerged that serious bids for the ailing social network are now as low as US$30m

Vodacom was the biggest brand spender on television advertising for the first four months of 2011, according to Ornico’s MediaTrac, which collects and analyses advertisements and brand publicity. Mobile operators spent “well over”

The long-running saga of Multi-Links, Telkom’s disastrous Nigerian investment, may finally be drawing to a close. The JSE-listed fixed-line operator has signed an agreement to sell Multi-Links to an affiliate company of Helios Towers

IT billionaire Robert Gumede, who is a substantial investor in JSE-listed IT group Gijima, and his long-time friend and business partner, Ivor Ichikowitz of defence and armaments group Paramount, have pulled the plug on their plan to

Despite turning in a R16,9m loss in the financial year to 28 February 2011 and facing a R30m lawsuit from MTN, JSE-listed telecommunications specialist Huge Group says it is confident it will survive the

Walmart has hit the ground running following its purchase of a controlling stake in SA retail giant Massmart. Sunday newspapers carried glossy Walmart-Massmart advertisements promising discounted prices to consumers and sending a

Naspers MD Koos Bekker has lamented the lack of broadband in SA, describing it as a “tragic story” created by a decade of poor regulation. Speaking on Talk Radio 702’s The Money Show with Bruce Whitfield on Monday evening, Bekker

The first cellular phones were cumbersome, ungainly things that required strong arms and frequent access to a power point. Then the great shrink happened. By the end of the 1990s, phones had evolved from briefcase-sized to pocket-sized to

iBurst plans to offer broadband in rural areas in partnership with municipal councils. CEO Thami Mtshali says the company, which he says has turned the corner after a disastrous billing problem that lost it many customers, has identified

Founded in 2010, Cape Town-based start-up TrustFabric wants to give consumers control over how businesses are allowed to contact them, while letting businesses keep their customer databases up to date. Under the Consumer Protection Act