Naspers, Schibsted bury hatchet in Brazil battle

Two of the fiercest rivals in online classifieds, South Africa’s Naspers and Norway’s Schibsted, said they would team up in some emerging markets, including fast-growing Brazil where they have battled each other for years.

Amazon won’t be earth’s biggest bookstore – Facebook will

When Amazon launched the Kindle in late 2007 “e-books” basically equaled“Kindle.” Everybody could see immediately that reading was going electronic, and there was only one commercially meaningful maker of electronic readers.

Apple’s Tim Cook is “proud to be gay”

Apple Inc Chief Executive Tim Cook publicly came out as gay in an article he wrote in Bloomberg Businessweek, saying he wanted to support others who find it difficult to reveal their sexual orientation.

Police Upgrade To Facial Recognition

While the idea of Robocop seems like a futuristic fancy, the Dubai police are one step closer to achieving this by adding facial recognition to Google Glass

EOH’s Asher Bohbot honoured as CNBC Africa applauds business leaders

By Staff Writer, ITWeb Asher Bohbot, CEO of EOH, was named Southern African Business Leader of the Year. Television network CNBC Africa announced the winners of its All Africa Business Leaders Awards in what the company describes as a ceremony to honour business excellence across the continent. Among the winners presented yesterday was Asher Bohbot, … Read more

R400 Million Stolen in Nigerian Cyber Bank Heist

Cyber crooks in Nigeria have gotten away with R400 million from a daring Cyber Bank Heist. The criminals are now on the run and the Economic and Financial Crimes Commission of Nigeria is in hot pursuit.