Normally only big corporate buy outs or investments make the headlines. But investing in startups is a strong area of interest for large corporations. A small business’s growth is often accelerated by investment by major corporations. So what do they get out of it?
Saturday Night Live happened again this weekend (wouldn’t ya know it), and ‘Girls’ creator Lena Dunham spoofed Darren Aranofsky’s (and God’s) forthcoming film, ‘Noah’. It’s funny. Check it out.
A lotto winner wasting his windfall on parties and hookers, or a retired sports personality sitting in a spot of financial bother doesn’t come close to comparing to these gentleman. After making it to the pinnacle of the billionaire echelons, more than a few have made quick work of losing it all.
Short and sweet. This 15 second teaser is here to remind you that Mad Men Season 7 is just a bit over a month away. Like Breaking Bad, Mad Men will split its final series of episodes in two. The forthcoming season titled “The Beginning,” will be made up of seven episodes starting from April 13.
On Thursday, large parts of the country experienced blackouts. Load shedding occurred after Eskom declared an emergency. The power cuts were due to wet coal stocks, caused by seven days of heavy rain.
The BBC has apologised for playing audio clips of howling dogs, a shrieking woman and yelling men during a radio report on Oscar Pistorius’s trial proceedings. The radio host claimed the sound clips to be due to “technical problems” – sure. It’s not the first time BBC offered an apology after reporting about Pistorius’s case. […]
“Let’s send Kobus to Mars,” is something you will never hear coming out of NASA mission controller’s mouth. The likelihood that a South African would be chosen to go to space, let alone to form a human colony on Mars is not very strong. But through private and public funding, the Mars One Expedition may do just […]
Oh snap! If five garages, 20 parking spaces, six bedrooms, and servant’s quarters in a colonial style set in a tropical climate is what you’ve been looking for, please advise your personal banker to prepare R16 million for direct transfer – the staff are waiting for you in Musgrave, Durban. Here’s more, from Sotheby’s: Spacious and […]
Piers Morgan might be going off air due to poor ratings soon, but the Brit had our back when American lawyer, Alan Dershowitz, called South Africa a “failed country.”
It’s time to make you feel like you haven’t accomplished a dang thing in your life. 31 of the 1,645 people that made the Forbes Billionaires List are under the age of 40. Here are the five youngest billionaires on the planet.
Gangland thrillers, with their true-to-life characters and gripping storylines, are taking South African cinema by storm. Best-selling crime fiction writer Mike Nicol finds out why.
This online tool allows you to keep up with the Jones’, Tshabalala’s, Botha’s, and Naidoo’s voting habits. The Know Your Hood tool provides you with the voting demographics and statistics of a certain neighbourhood. The statistics and data are based on ward results from the 2009 general elections.
How resilient is your internet banking? IT issues plague all online industries, and internet banking is not immune. John Lyons, PwC UK Banking/Technology Resilience partner, says there are a couple of reasons why online banking is not as resilient as what it should be.
At first glance, thinking outside the box when it comes to word choice in an article has become increasingly difficult for journalists. Needless to say, you would have to think very hard to avoid some of the no-no cliches listed by the Washington Post.
Just a few days after BitCoin exchange, MtGox has gone offline, the company has filed for bankruptcy protection. Their claim has been approved by a district court in Tokyo. At the court hearing MtGox stated they had outstanding debts of about R67.9 million.
This man has no effs to give. 21-year-old, Daniel Kowalski was arrested in Cook (yes) County in the States, and charged with charged with two counts of possession of a controlled substance and possession of methamphetamine manufacturing materials – he was running a meth lab out of his home. Please enjoy the t-shirt he put on for his mugshot.
Earning the big bucks during your career as an athlete doesn’t mean you’re guaranteed financial security once that knee of your’s finally gives in. A study found that 78% of former NFL players were in financial distress only two years after retirement. 60% of NBA players weren’t doing much better after five years due to lousy investments, divorce and excessive partying. But there are few that did pretty well
Are you an individual human being, or a small business owner with an obligation to pay tax to the state? If you answered yes to either one of those questions, then you’ll want to read our top nine take home points from yesterday’s budget speech, as digested by Michael Rushby over at Galbraith-Rushby. The minister […]
Today in the Constitutional Court Auction Alliance won a long running case against the Estate Agency Affairs Board. The Constitutional Court has now confirmed a previous order of the Western Cape High Court which declared sections of the Estate Agency Affairs Act and the Financial Intelligence Centre Act as unconstitutional and invalid. Auction Alliance’s legal council, […]
You don’t have to move to the KZN midlands to live on a property that makes you feel like you own land and people – there’s a charming little place with high quantities of mahogany, leather and raw linen just up the road in Clifton, for a cool R35 million.
If you, like me, have found yourself lost in the Urals with nothing but the salvaged wing of a light aircraft for shelter, you’ll have wished for a satellite phone. Unfortunately, satellite phones are notoriously expensive, and confusing to operate. We’d like to introduce you to the Thuraya satellite sleeve. It’s your iPhone, but with satellite phone reception.
Statistics South Africa showed that the economy grew more than expected in the last financial quarter of 2013. The SA economy achieved a surprising 3.8% quarter-on-quarter growth, after the third quarter only showed 0.7% economic expansion.
The trial of Oscar Pistorius will be partially televised. Thus spake Judge Dunstan Mlambo at the North Gauteng High Court.
Forbes lists the outgoing Naspers CEO, Koos Bekker, as having an estimated net worth of $1.1 billion. They rank him as the 24th wealthiest person in Africa. There’s one important fact that you should consider when looking at his net worth, he is a self made billionaire.
Mellowcabs may be the solution to the traffic clogged city hubs of South Africa. SA entrepreneur, Neil du Preez and his electricity-assisted human-powered microcab has won the regional award in a prestigious global technology competition.
One of South Africa’s greatest entrepreneurs, Koos Bekker, is stepping down as CEO of Naspers, a company he helped build into the monster it is today. Click for more, as well as our interview with Koos.
Samsung are trolling Apple again. Hard. Remember the iPad pencil ad? Yep, well, so does Samsung. Here’s the ad they’re spoofing:
Two years ago everyone was talking about Facebook’s acquisition of Instagram for $1 billion. Back then we thought it to be an abhorrently large amount of money for a site almost dedicated to cat pictures, duck face selfies and filtered food porn. Well Facebook’s recent purchase of WhatsApp dwarfs that deal.
In the days leading up to Facebook’s $19 billion purchase of WhatsApp, Google CEO Larry Page was willing to beat Facebook’s offer. So what happened that caused WhatsApp CEO Jan Koum to decline Google?
Did you get up this morning and think, “Hell, I reckon I’m ready for my castle now.” If you did, you’re in luck. There’s one going in George for 21 bar. And it comes with underfloor heating.