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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

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

Facebook shares jumped in late trading after the company reported second quarter revenue that beat analysts’ projections, lifted by surging sales of video and Instagram ads and a boost in users. Second quarter

On Monday, Yahoo’s years-long fight to survive as a standalone company will draw to a close. Verizon Communications will announce plans to buy Yahoo’s core assets for a bit more than US$4,8bn before the market opens, said

Themba Moyo, 36, and Lisa Phendla, 33, have a plan to build the next big thing in instant messaging, and they’re going to do it by allowing consumers to chat to each other on their smartphones, even if they have run out of data or airtime. Their app, Teta

Technology companies that make business software are never going to match the glamour of their consumer counterparts. Facebook’s Mark Zuckerberg is a household name, but many would be hard-pressed

Absa has launched ChatBanking for Facebook Messenger, which allows clients to conduct their banking in the chat application. Messenger is the second platform that Absa has brought its ChatBanking service to

Organisers and campaigners in Zimbabwe have advised citizens to tap social media to drum up support for protests against President Robert Mugabe until he steps down. The organisers and campaigners are advising citizens to keep