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SA’s Giraffe secures Silicon Valley funding

Giraffe, the South African start-up using technology to help tackle unemployment in South Africa through an automated recruitment service, has announced it has raised a seed round of funding led by Silicon Valley venture firm Omidyar Network. The parties have not

Alistair Fairweather
China’s Alibaba slinks onto US shores

As Internet access spread across the globe, a handful of giant American corporations ended up dominating industries. Google in search, Amazon in online shopping and Facebook in social networking. The one market that has proved consistently immune to these titans is China. Now, one of China’s homegrown Internet giants

News
Impact on SA unclear as HP to shed jobs

It’s not yet known how Hewlett-Packard’s plan to shed 27 000 jobs in the next two and a half years will affect the company’s SA subsidiary. The IT giant said on Wednesday that it plans to shed the jobs, or about 8% of its worldwide workforce of nearly 350 000 people, by the end of its 2014 financial year

In-depth
HP ‘unlikely’ to sell PC unit after all

Hewlett-Packard is unlikely to sell its PC business and will probably choose to spin it off into a separate company still owned by HP, says Frank van Rees, the company’s SA MD. HP shocked the markets a month ago when it said it was considering spinning off or even