Dell shares shoot up on plan to sell VMware unit

The spinoff of its 81% stake in VMware, first proposed in a filing last July, will help Dell lower its long-term debt of $41.62bn

WATCH: Supercharging the battery minerals value chain

Michael Avery chats to his expert guests about the the growing market for electric vehicles and its sustainability within the SA economy in the future

Facebook to buy renewable energy from Indian firm CleanMax

The tech giant says it will will buy the power off the grid using environmental attribute certificates or carbon credits

WATCH: Is EOH’s restructuring strategy paying off?

EOH CEO Stephen van Coller talks to Business Day TV about the company’s interim results

EOH overhaul turns R1bn loss into operating profit

CFO Megan Pydigadu says the operating profit is a  significant milestone for the group’s recovery efforts

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WATCH: What does tech adoption look like beyond the Covid-19 hype?

Michael Avery talks to a panel about the breathless marketing spin surrounding cloud, data and digital transformation strategies

Naspers staying out of bitcoin market for now

Group decides to wait until the cryptocurrency can demonstrate viable returns

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Alibaba cops record $2.8bn fine in Chinese antimonopoly probe

The penalty is triple the previous high US chipmaker Qualcomm had to pay in 2015

Nigerian banks not indebted to MTN Nigeria or other telcos

The issue arose after MTN reduced a commission charged on airtime purchases through banking channels by almost half to 2.5%

Netflix signs film rights deal with Sony Pictures, including Spider-Man

Streaming giant’s exclusive multiyear agreement will start with 2022 movie slate

Rwandan start-up revs up plans with $3.5m Silicon Valley cash injection

The company will use the money to expand its bike and battery-swap station network

WATCH: AI and the future of work after Covid-19

Michael Avery takes a look at artificial intelligence and how we’ll work after the pandemic

Prosus expands with Norwegian and Indian online investments

The Naspers internet arm has added groceries and healthtech to its investments in classifieds, food delivery and fintech

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Huge Group trumpets risks of its rival’s Adapt IT offer

Canadian software firm Volaris has offered more money and better synergies down the road

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Prosus to use Tencent proceeds for new acquisitions and stock

The subsidiary of Naspers targets Norwegian e-grocery business Oda and Indian health-care platform API Holdings investments

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Are there big deals ahead for cash-rich Naspers?

Expected inflow of $16bn from the sale of 2% of Tencent stokes speculation about acquisition

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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.