Technology companies are a lot like contemporary art. Their valuations reflect narratives more than anything else, and it’s just as important to devise the right framework to describe a phenomenon as it is to build a beautiful product. Two New
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Apple has acquired artificial intelligence start-up Turi for about US$200m, according to people familiar with the situation, in the latest deal by the iPhone maker to accumulate advanced computing capabilities for its
Technology billionaires are making a run for the top of the global wealth rankings as surges for Facebook, Amazon.com and Google parent Alphabet added US$5,6bn to their founders’ fortunes this week. Google co-founders
Google has spent years telling Wall Street its investments in non-advertising businesses will eventually pay off. Thursday’s results suggest that’s beginning to happen. Google parent Alphabet reported second
Jeff Bezos just snuck past Warren Buffett to become the third richest person on Earth. The Amazon.com founder’s net worth was US$65,05bn on Thursday (R923bn at the time of writing), topping Buffett by $32m on the Bloomberg Billionaires Index
Dimension Data’s Internet Solutions has launched a new on-demand portal that allows business customers to buy access to local and global cloud computing platforms. The “aggregated cloud services portal”, called SkyLight, provides access to
Billionaire Jeff Bezos’s space-exploration company launched and landed an unmanned rocket on Sunday while testing a parachute failure, a key step in checking the safety of its New Shepard vehicle before sending it to space
Asking Apple’s voice-activated assistant, Siri, what the company plans to unveil at its Worldwide Developer Conference in San Francisco next week elicits the response: “If I told you, they’d
Google has used its developer conference, I/O 2016 in San Francisco, to take the wraps off Google Home, a new hardware device, similar to Amazon’s Echo, that allows users to have natural-language
Just a few days ago, a sliver of news slipped out that went mostly unnoticed, except for a mention here and there. Ford announced an investment in Pivotal, a big data and cloud-based software platform company to further enhance its