A surge in after-hours trading for Amazon.com added US$3,3bn to the fortune of Jeff Bezos, putting him less than $5bn away from becoming the world’s richest person. Bezos saw his fortune surpass $80bn for the first time
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A Cambridge University-educated mathematician is hoping to shake up South Africa’s cloud computing sector with a new, vendor-neutral cloud platform hosted in Teraco’s fast-expanding data centres.
Alibaba Group chairman Jack Ma said society should prepare for decades of pain as the Internet disrupts the economy. The world must change education systems and establish how to work
Amazon.com is embracing artificial intelligence to deliver goods more quickly, enhance its voice-activated Alexa assistant and create new tools sold to others through its cloud computing division, CEO Jeff Bezos said in his annual
JSE-listed media and e-commerce giant Naspers has announced it will invest R960m in South African e-retailer Takealot Online – which owns Takealot.com and other assets – in the process taking a majority stake in the company. In a statement
Internet billionaire and aspiring rocket man Jeff Bezos said he sells US$1bn/year in Amazon.com stock to fund Blue Origin, the company fuelling his dream of sending people into space. “My business model right now for
Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second richest person. Bezos, 53, added US$1,5bn to his fortune as Amazon.com rose US$18,32 on Wednesday, the day after the
Amazon.com has agreed to buy Dubai-based online retailer Souq.com, whose shareholders include Naspers and Tiger Global Management, betting that e-commerce in the Middle East is poised to take off. The US e-commerce
Will Smith’s next movie — part cop flick, part sci-fi — has all the makings of a Hollywood blockbuster except one. When Bright is released later this year it’ll be playing on Netflix’s streaming service, not thousands of cinema screens. Once an industry
The writers who craft songs for artists from Garth Brooks to Beyonce plan to tell a panel of US judges this week that the increasing popularity of music streaming services like Spotify will destroy their profession unless