Technology

Japanese company Sumitomo Electric Industries has signed an agreement with Morocco’s Ministry of Industry and Trade to invest nearly MAD 2 billion ($190 million) in Morocco’s automotive ecosystem. The investment …

Eskom has announced that it has incurred a R12.3 billion loss for the year ending 31 March 2022. This is an improvement on 2021’s R25 billion loss caused by Eskom’s …

Meta Platforms has agreed to pay $725 million to settle a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica It’s “the largest recovery …

Intel, the biggest maker of processors that are the heart of computers, broke up its graphics-chip organization in a bid to accelerate efforts to take sales from Nvidia and AMD. …

Netflix will begin cracking down on password sharing from early in 2023, The Wall Street Journal (WSJ) reports. Citing people familiar with the matter, WSJ reported that changes would roll …

FNB Stockbroking and Portfolio Management said MultiChoice Group offers an attractive investment opportunity at current levels. They recommend a long position in MultiChoice with an upside target price of R153 …

Telkom’s interim results, published on 23 November, revealed that its wholly-owned subsidiary, BCX, increased revenue by 0.8% on the back of 13.7% growth in IT business revenue. It was the …

Twitter Inc. users voted for Elon Musk to step down from his role as head of the social platform in a poll the billionaire entrepreneur said he would respect, potentially …

The Ugandan health official was so sure Argentina would win its World Cup soccer match against Saudi Arabia that he gambled $1,800 advanced to him by authorities as allowances for …

Telecom major Bharti Airtel recently announced the launch of XSafe, an end-to-end, easy-to-operate home surveillance solution that includes a range of Wi-Fi based advanced cameras designed to ensure customers are connected …