Browsing: Facebook

Alistair Fairweather
Facebook’s Oculus deal is not all bad

The story of Oculus VR is the kind of garage-to-greatness story that geeks usually love. A passionate, self-taught tinkerer barely out of his teens revives a dead technology and two years later, Facebook buys his company for US$2bn. So, why are many of the company’s earliest backers so angry? Oculus VR makes virtual reality headsets

Yookos: Africa’s Facebook?

Yookos, a newish social networking site aimed at people across Africa, has signed up 10m users in the three years since its commercial launch and appears set for further strong growth. The network, which began in Nigeria as a Christian-focused site, is now headquartered in Johannesburg and is targeting a broader audience interested in what its founders

Marius Burger
Mobile operators fighting the wrong war

The mobile operators are fighting the wrong war, and they’re squaring up to the wrong enemy. They should be fundamentally revising their business models to prepare for Google, Facebook and Microsoft, which are taking aim directly at their voice business. Let us take a step back. For well over a decade, South

Icasa moots net neutrality probe

The controversial issue of “network neutrality” looks set to become the subject of intense debate in South Africa in coming months after communications regulator Icasa this week raised the idea of introducing regulations that could stop operators from discriminating against traffic carried across their networks

Zuckerberg to Obama: this is not okay

Mark Zuckerberg revealed in a blog post on Thursday that he had held a telephone conversation this week with US president Barack Obama in which the Facebook CEO expressed his “frustration over the damage” the US government is “creating for all our future”. Zuckerberg, 29, has become increasingly vocal about the fallout

Hard-pressed S Africans open to cheap talk

South Africa, where 80% of the adult population owns a cellphone but the median income is a mere R3 000/month, poses specific challenges to tech companies trying to make inroads into the cellphone market. For many, the solution has come in the form of apps that allow

Shifting fortunes in IM market

A month ago, Bloomberg proclaimed the chairman of Tencent, Ma Huateng, to be China’s richest man, with a wealth of US$13bn based on Tencent’s Hong Kong-listed shares, of which he owns 10%. His family name Ma means horse, so the Internet

Alistair Fairweather
Behind Facebook’s $19bn WhatsApp deal

Silicon Valley is as much about creating legends as it is about changing reality. Where else could a guy get turned down for a job and then, five years later, sell his company to the people that turned him down for US$19bn? I’m talking, of course, about

Duncan McLeod
WTF, Zuck?

Nineteen billion dollars. Two hundred and ten billion rand. Nearly R500/user. That’s how much Facebook has agreed to pony up for WhatsApp, the fast-growing but still very much loss-making cross-platform mobile instant messaging platform. It’s a daring – perhaps insane – bet by Facebook’s

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