Tag: Bloomberg
Apple to build autonomous electric car
Apple is pushing to accelerate development of its electric car and is refocusing the project around full self-driving capabilities, according to people familiar with...
Elon Musk sells US$5 billion Tesla shares
Tesla CEO Elon Musk unloaded US$5 billion of stock in the electric car maker, shortly after holding a poll on Twitter over whether he...
Alphabets (Google) now part of world’s $2-trillion club
Google parent Alphabet has reportedly reached US$2-trillion in market value for the first time, fueled by a rebound in spending on digital ads and...
South Africa: MTN reported shows interest in buying Telkom
MTN Group is said to have recently expressed interest in acquiring its smaller rival, Telkom.Citing reliable sources familiar with the matter, Bloomberg News...
US telcos to physically removing Huawei, ZTE equipment soon
In the coming months, many telecoms companies in the United States will start physically ripping out all Huawei and ZTE equipment from their respective...
Microsoft poised to unseat Apple as world’s most valuable company again
Microsoft reportedly put up another stellar third quarter performance, fueled by growth of its cloud computing business, making the software giant poised to unseat...
Zuckerberg touts metaverse amidst Facebook scandals
Facebook CEO Mark Zuckerberg, besieged by dozens of stories about his company’s inadequate response to hate speech, misinformation and violent content, sought to paint a...
Feature: Facebook needs more than a name change
Mark Zuckerberg wants to rechristen Facebook, giving the financial powerhouse — and social media hothouse — a fresh identity. While Zuckerberg’s corporate baby has handily...
Elon Musk now worth $230 billion – as much as Bill...
Tesla and SpaceX CEO, Elon Musk is not only currently the richest person in the world, but is now worth as much as fellow...