The financial distressed SABC failed to pay its employees on time this month, but the public broadcaster has said it’s not because it’s run out of money. Instead, it has blamed a “glitch” at its bank for the problem.
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Listed technology group Adapt IT reported a slight decline in revenue and flat earnings in the six months ended 31 December 2018 as the weak South African economy took its toll.
The former UK deputy prime minister, hired by Facebook last year to lead the company’s lobbying efforts, used his first speech since taking the job to explain how it wants to repair its reputation and be accountable for its impact on society.
It wasn’t all that long ago that Microsoft was the European Commission’s nemesis. Facebook should take some lessons for the software giant to overcome its regulatory challenges.
US prosecutors filed criminal charges against Huawei, China’s largest technology company, alleging it stole trade secrets from an American rival and committed bank fraud by violating sanctions against doing business with Iran.
The banking world is about to be shaken up, thanks to a legislation known as the European Union Payment Services Directive 2, or PSD2.
Three media companies have collectively been fined tens of millions of rand for price fixing and the fixing of trading conditions. The Competition Commission wants the firms to cough up for their “cartel conduct”.
In the podcast this week, Duncan McLeod and Regardt van der Berg discuss why Facebook is planning to make WhatsApp, Messenger and Instagram interopable and the implications of the move.
Flying cars! So futuristic! A world in which they’re buzzing around the skies must be dazzling — like a Popular Mechanics feature come to life! Well, yeah. About that.
Naspers will focus on consolidating technologies and harnessing artificial intelligence across its e-commerce business after taking full control of Russia’s largest classified advertising platform in a $1.1-billion deal.