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Sony surges on strong profit outlook

Sony surges on strong profit outlook

Sony shares jumped the most in almost three months after the company’s better-than-projected preliminary earnings boosted analyst confidence in its ability to hit the highest profit levels in almost two decades. The Tokyo-based company rose as much as 4,6% in early Tokyo trading, headed for its biggest jump since 3 February. Sony reported preliminary operating […]

Why less tech may soon be more

Why less tech may soon be more

Research on the so-called productivity paradox – declining productivity despite the ongoing technological revolution – abounds in explanations ranging from statistical error to theories

Watch: SpaceX is back in business

Watch: SpaceX is back in business

Elon Musk’s Space Exploration Technologies, better known as SpaceX, returned to the skies on Saturday with a flawless delivery of communications satellites into orbit, its first flight since a 1 September fireball destroyed a rocket

Deals site Groupon shuts up shop in SA

Deals site Groupon shuts up shop in SA

Groupon South Africa is closing its doors with immediate effect, the company said in a note to customers on Friday. “We are sorry to inform you that as of 4 November 2016, Groupon has wound down its operations in South Africa and we are unable

Uber’s GM on building a business in Africa

Uber’s GM on building a business in Africa

Uber’s GM for sub-Saharan Africa, Alon Lits, shares some insights with Nastassia Arendse into the company’s expansion plans. Uber Africa’s emergence as one of the continent’s more reliable transit

Why Blue Label’s share run is overdone

Why Blue Label’s share run is overdone

Blue Label’s share price has been on a strong run since it announced its intention to invest a 35% equity stake in Cell C at the end of last year. Coupled with good growth numbers in its first half 2016 results, it has gained more than 60% so far

Nobel physicists could revolutionise computing

Nobel physicists could revolutionise computing

British scientists David Thouless, Duncan Haldane and Michael Kosterlitz won this year’s Nobel Prize in Physics “for theoretical discoveries of topological phase transitions and topological phases of matter”. The reference

Rush to beat Apple backfires on Samsung

Rush to beat Apple backfires on Samsung

Few things motivate Samsung employees like the opportunity to take advantage of weakness at Apple. Earlier this year, managers at the Korean company began hearing the next iPhone wouldn’t have any eye-popping innovations. The device would look

SA needs an urgent political realignment

SA needs an urgent political realignment

The fundamental problem confronting South Africa today is a political culture that is defective and out of kilter with the needs of the majority of the people. Innovative thinking about transforming the economy is stunted by political

MTN’s Zakhele Futhi: weighing up the options

MTN’s Zakhele Futhi: weighing up the options

MTN has announced plans for the introduction of its third black economic empowerment deal, valued at R9,9 billion, and it’s received a great deal of attention from investors and analysts alike. The proposed scheme will see the issue

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