Naspers has bought a Brazilian e-commerce group for US$342m, the media company said on Tuesday. It had acquired 91% of the share capital of BuscaPe.com which would be funded from available resources, the company said in a statement. Headquartered in Sao Paulo, the BuscaPe group provides e-commerce services in Latin America. Its core business generates [...]
Xerox, the global copier and imaging giant, will pay US$6,4bn to acquire the outsourcing company Affiliated Computer Services, expanding its foothold in a growing industry, The New York Times reports. Xerox is paying $63.11/share in cash and stock for ACS, which posted revenue growth of 6% and new business signings of $1bn in annual recurring [...]
Stuart Ntlathi is just 22. But for nine years already, since the tender age of 13, he’s been rallying other youngsters to get them excited about science and technology in a country where these subjects are not highly revered. Ntlathi, who heads up the Stuart Ntlathi Science, Engineering & Technology Institute, is no ordinary young [...]
Jon Tullett, Toby Shapshak, Brett Haggard and Simon Dingle are the crew this week. Among plenty of other things, they discuss the Intel Developer Forum, Microsoft’s Courier tablet device, Livescribe Pulse Smartpens, 3D video and the Blu-ray optical format
Desperate to watch television on your phone and can’t wait for digital terrestrial TV to kick off next year? Now you can, thanks to a new cellular handset from Chinese manufacturer VS Mobile. But be warned: you’ll be stuck watching free-to-air channels. VS Mobile’s new V826 mobile TV phone, which is available from Altech Autopage [...]
Rutger-Jan van Spaandonk says if his parents had known he’d eventually make a home for himself outside of The Netherlands, his country of birth, they’d have given him a name that’s easier for foreigners to pronounce. The executive director of Core Group, who is known by most people simply as “RJ”, emigrated to SA almost [...]
Twitter has trained people to compress their thoughts into 140 characters and given a public stage to both dissidents in Iran and voluble stars like Shaquille O’Neal. Now the start-up appears to have chalked up another achievement, writes The New York Times. Twitter, which has no discernible revenue, is set to raise about US$100m of [...]
Games publisher Electronic Arts (EA) has brought Need for Speed games out at the rate of one a year since 1997, with the result that franchise fatigue has set in. Following lukewarm reviews for the last three Need for Speed games, EA called in Slightly Mad Studios to reinvent the series. The end result is [...]
Internet service provider Afrihost has set the proverbial cat among the pigeons by slashing its broadband prices to below cost in what could mark the start of a price war. Afrihost, which provides Web hosting services, entered the broadband digital subscriber line (DSL) market just two months ago. But already it’s causing a stir by [...]
It feels like the whole world is holding its breath for the Apple tablet. But maybe we’ve all been dreaming about the wrong device, Gizmodo reports. This is Courier, Microsoft’s astonishing take on the tablet. Courier is a real device, and we’ve heard that it’s in the “late prototype” stage of development. It’s not a [...]
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