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MTN is Planning to Buy Telkom

MTN Group is reportedly in talks to buy its telecommunications rival Telkom. According to Bloomberg, the company said the discussions are still at an early stage and there is no certainty that the transaction will be completed. The news that was announced on Friday morning instantly saw Telkom’s share price soar by 30%. “Shareholders are advised that MTN and Telkom SA SOC Limited [Telkom] have entered into discussions in relation to MTN acquiring the entire issued share capital of Telkom in return for shares or a combination of cash and shares in MTN,” MTN said in an announcement. MTN would pay for the partially state-owned company in shares or a combination of cash and stock, according to a statement the giant telecommunications company released on Friday morning. According to Moneyweb, n...

Facebook Users May Soon Get to Have 5 Profiles at Once

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Twitter Had A Rough Day, Users Had Hilarous Reactions To The 40-Minute Service Outage

HipHopWired Featured Video CLOSE Source: NurPhoto / Getty Twitter had a major service outage, and users reacted hilariously to being without their favorite social media platform. What’s Going On With Twitter? If you just opened up Twitter right now, you can’t tell that it suffered another service outage. For about 40 minutes early Thursday morning (Jul.14). Things went south for the platform at about 8:05 am ET when users began complaining about receiving “over capacity” and “this page is down” messages. Per The Verge, issues plagued users trying to tweet using the mobile app,  web client, or even TweetDeck. DownDetector received thousands of reports about Twitter at the time, but when you checked Twitter’s status page, “all systems operational.” Users noted that Twitter.com loaded as...

MTN to Host Hackathon for African Developers – Here’s How to Participate

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Mukuru Expands its Services

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Netflix Partners with Microsoft to Launch New Ad-supported Plan

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Nigeria Twitter Ban Was Unlawful, ECOWAS Rules

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Aht Aht Aht: Twitter Slaps Elon Musk With Lawsuit After He Bails On $44 Billion Acquisition

HipHopWired Featured Video Source: Dimitrios Kambouris / Getty Elon Musk bailing on the $44 billion Twitter acquisition saga has taken an interesting turn. Twitter Is Taking Elon Musk To Court After hinting that he would pull out of the deal to acquire Twitter, Elon Musk did it, sticking to his excuse that Twitter made “false and misleading” statements during negotiations. Now, Twitter is saying that aht aht aht and slapped Mr. Musk with a lawsuit in Deleware that states he must honor the deal as is. Per The New York Times: Related Stories To push Mr. Musk to abide by the acquisition agreement, Twitter sued him in Chancery Court in Delaware. The court will determine whether he remains on the hook for the purchase or whether Twitter violated its obligation to provide Mr. Musk with data...

New BlackPlanet Doc Examines Its True Digital Influence

HipHopWired Featured Video Source: BlackPlanet / iOne Interactive Social media has become an integral part of our lives, and a new documentary from BlackPlanet examines the platform’s role in helping to create a space for the Black community to maximize its presence online. Sure, there’s not a day that goes by without us checking Facebook, Twitter, or other social media that we’re tapped into. It’s wild to imagine how it all started back in the late 1990s. BlackPlanet, the social media platform which became a launching pad for so many in the Black community as social media and networking on the Internet began, is now exploring that era in a new documentary. Related Stories Titled Black, Connected, and Copied, the film is hosted by the well-regarded historian and Black cultural expert T.L. ...

Startup Launches Virtual Community Parliament for South Africans

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Streaming Subscriptions Jump Up by 70% in South Africa

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Google to Slow Down Hiring for the Rest of the Year

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