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23

Fri-Aug

Information and Technology Industry News.
Published by: Sam Rabophala
1
Cell C credit rating cut to D by S&P on missed interest payments

Cell C has suspended the payments as part of an effort to recapitalise the company and increase liquidity, chief executive officer Douglas Craigie Stevenson has said.

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2
MultiChoice call centre workers to down tools on Friday

Workers at MultiChoice call centres across the country will on Friday down tools, in protest over planned job cuts by the pay-TV company.

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3
Chinese paper attacks Twitter and Facebook for shutting accounts

Twitter and Facebook’s move to close accounts that the companies said were backed by China and attempting to manipulate news about the protests in Hong Kong drew swift backlash from Chinese state media and internet users.

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4
Facebook launches tool to let users control data it gathers about their web activity

Facebook, under pressure to ramp up privacy rules across its platform, said on Tuesday it was rolling out a tool allowing users to control data that it receives from other apps and websites about their online activity.

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5
Mobile phones are replacing bank accounts in Africa

Sub-Saharan Africa has more mobile-money accounts than anywhere else in the world with about 396 million registered users at the end of 2018, a 14% increase from a year earlier, according to the GSM Association.

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6
Huawei hires trade lobbyists as sales slow in US-China fight

Huawei has hired a law firm to lobby on trade as the US pressures allies to join it in blacklisting the Chinese telecom giant.

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7
Naspers leads $125m in funding for Indian e-commerce platform Meesho

Meesho describes itself as a "social commerce online marketplace" that lets independent build small businesses by "connecting them with suppliers to curate a catalog of goods and services to sell" over social media.

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8
Huawei's founder wants an 'invincible iron army' to fight US

Huawei Technologies' billionaire founder intends to kick off a three- to five-year overhaul of the networking giant, creating an 'iron army' that can help it survive an American onslaught while protecting its lead in next-generation wireless.

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9
5G rollout poses no security threats - State Security Agency

Minister of State Security Ayanda Dlodlo says information shared with 'strategic investment partners' in the rollout of 5G in South Africa would be governed by adequate existing laws and regulations.

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10
Huawei unit cuts more than 600 jobs following US sanctions

Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68 of its subsidiaries.

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11
WATCH: Huawei laying off majority of US unit - source

FutureWei Technologies, the US research arm of China’s Huawei, began laying off workers on Monday, according to employees including one who spoke to Reuters as he left the company’s Silicon Valley campus.

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12
WATCH: India's moon mission lifts off after delay

India has launched a rocket into space to perform a soft landing of a rover on the moon, the country's most ambitious mission yet to cement its position as a leading low-cost space power.

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13
Tesla’s surprise $6 410 price cut sparks a rant from one devotee

Soon after Tesla cleaved the cost of the Model 3, an owner on one of the company’s online forums started a thread with a tongue-in-cheek initial post: “Let the whining begin!”

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14
Google reaches R153m settlement with job seekers claiming age discrimination

Google agreed to pay $11m to end a lawsuit accusing the internet giant of discriminating against older job applicants.

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15
Naspers announces September date for Prosus listing

The media and internet giant is aiming to list its international internet assets on the Euronext Amsterdam exchange, with a secondary inward listing on the JSE.

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16
Facebook’s big Libra launch 'only fanned the flames' for critics

Congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for Libra was likely a public relations effort gone bad.

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17
EOH board rocked by multiple resignations

EOH has announced the resignations of three of its directors - Zunaid Mayet, Rob Godlonton and Pumeza Bam.

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18
Trump’s angry at Twitter, but not enough to quit tweeting

Donald Trump’s frustration with social media companies including Twitter Inc. only goes so far: aides say he has no intention, at least right now, to stop tweeting.

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19
Twitter moves to curb hate speech based on religion

Twitter is moving to filter out inappropriate content based on religion as part of its effort to curb hate speech.

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20
Cell C hires consultants to probe business practices

South African wireless carrier Cell C has begun talks to delay debt payments and has hired consultants to probe its business practices and advise on a restructuring.

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