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ICT

WATCH: How hackers can use smart home devices to access your personal data

Jan 18 2020 11:28

The FBI issued a statement earlier this month warning consumers about smart home devices that could be vulnerable to hacks.This includes smart digital assistants, smart watches, smart refrigerators, home security devices, and gaming systems.

ICT

Naspers CEO sells almost R1bn in shares, commits to buy company bonds

Jan 16 2020 08:23

The group said that its CEO had would reinvest most of the resulting funds back into the Naspers group in the form of bonds which he will buy on the open market.

ICT

WATCH: Alphabet's public market cap tops $1trn

Jan 17 2020 10:29

The public market capitalisation of Google parent Alphabet topped the $1trn mark shortly before the close of trading on Thursday, making it the fourth S&P 500 component to top the lofty level.

ICT

Telkom plans to cut 3 000 jobs

Jan 15 2020 19:53

Telkom has issued a notice to cut as many as 3 000 jobs - nearly a third of its workforce - across multiple departments, as the company looks to streamline its operations amid falling earnings and changing market conditions.

ICT

Nigeria attorney general drops $2bn tax claim against MTN; next stop: tax authorities

Jan 10 2020 17:40

MTN Nigeria is withdrawing its legal action against the Attorney General of the Federal Republic of Nigeria and the Minister of Justice, in a matter that saw the Nigerian authorities seeking to recover around $2bn in back taxes from the wireless carrier, MTN said on Friday.

ICT

Samsung operating profit drops by a third

Jan 08 2020 17:05

Samsung was hit by a series of difficulties in 2019, with chip stockpiles bloating and prices falling, in contrast to the booming market of previous years.

ICT

Apple CEO's pay dropped about $10m in 2019 on lower bonus

Jan 04 2020 11:50

Apple Chief Executive Officer Tim Cook made $125m (about R1.8bn) in the company's 2019 fiscal year, less than the year before due in part to a lower bonus.

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ICT

Naspers’ Prosus set to lose battle for food-delivery company Just Eat

Jan 04 2020 13:45

Takeaway.com is set to declare final victory in the five-month takeover battle for UK food-delivery company Just Eat, people with knowledge of the matter said.

ICT

Huawei says 'survival' top priority as sales fall short

Dec 31 2019 09:51

Chinese telecommunications giant Huawei said Tuesday that "survival" was its top priority after announcing 2019 sales were expected to fall short of projections as a result of US sanctions.

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