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Mandela key to local businesses in South Africa - report

Industry observers believed that the late Nelson Mandela contributed greatly to not only the political environment in South Africa, but the local business sector as well.


Facebook looks into Russian programming partnerships for app development

Facebook Inc had been tapping resources of its Russian partners to develop apps, signaling a growth in the tech industry, particularly in the app development business.

Domino's Pizza CEO Lance Batchelor quits, heads to private equity-backed firm

Domino's Pizza chief executive Lance Batchelor decided to quit from Britain's biggest pizza delivery company as its shares dive by 8.7% on Friday morning. Batchelor will be joining a private equity-backed company in a non-competing sector.

Matriarch of HK property developer Sun Hung Kai hands out stakes to sons

The widow of Hong Kong property developer Sun Hung Kai founder Kwok Tak-seng, Siu-hing, said in a statement yesterday that she handed out a 6.36% ownership stake in each of her sons' family trusts.


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Former American Idol host Ryan Seacrest invested USD1 million to develop a prototype of Typo Keyboards, a simple device that functions as an attached keyboard for iPhone 5 and 5S.
Rob Marcus, the incoming Chief Executive Officer of Time Warner Cable Inc, said he is the perfect guy to manage cable company's mergers and acquisitions component.
Although Nelson Mandela was best known for his role in ending apartheid in South Africa, a report from Businessweek highlighted the economic legacy left by the late leader.
Singapore's Temasek Holdings is not like any other sovereign wealth fund. This was according to a Chairman Lim Boon Heng in a conference held in Singapore.
An unnamed Boston-based investment advisor led the USD 30 million financing round for Mozido Inc. The Texas-based mobile payment, shopping and marketing solutions provider also named Ric Duques as Chairman of the Board.
Mike Lynch, who sold software firm Autonomy to Hewlett-Packard for $11 billion, is backing a start-up focused on augmented reality - the ability to overlay information on a real-world background which some see as the next big digital craze.
Here are some important dates and events in the life of former South African President and anti-apartheid fighter Nelson Mandela, who died on Thursday aged 95 today.
The following is reaction to the death of Nelson Mandela on Thursday at age 95 The following is reaction to the death of Nelson Mandela on Thursday at age 95.
"Like slavery and apartheid, poverty is not natural. It is people who have made poverty and tolerated poverty, and it is people who will overcome it." - on being named Amnesty International Ambassador of Conscience, 2006
Nelson Mandela, the first black president of South Africa and hero of the country's anti-apartheid struggle, has died aged 95 after a recurring lung infection. The announcement was made by the country's president, Jacob Zuma, on Thursday.
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