JD Vance during interview with Theo Von (Screen grab from X @VP) US vice president JD Vance sought to ease growing tensions between US President Donald Trump and billionaire, Elon Musk, calling the Tesla CEO’s recent outbursts emotional but well-intentioned.In an interview with comedian Theo Von released Friday, Vance said of Musk, “I think his […]
JOHANNESBURG: South Africa’s minister of communications on Tuesday denied accusations that a draft policy watering down Black ownership requirements for tech firms was not proposed to benefit the Starlink business of white South African-born tech billionaire Elon Musk. Under South African law, foreign-owned companies are required to sell 30% of their subsidiaries to shareholders who […]
South Africa’s president, Cyril Ramaphosa, has been vocal about his desire to see his country’s wealthiest son, Elon Musk, invest some of his billions at home. But his overtures have been stymied by Mr. Musk’s criticism of the South African government as racist. Mr. Musk has argued that a law requiring foreign companies to sell […]
South Africa’s communications minister Solly Malatsi is under fire for proposing changes to local equity laws that critics say would favour foreign tech giants such as Elon Musk’s Starlink.Khusela Sangoni Diko, chairperson of the portfolio committee on communications and digital technologies, said the minister is “seeking to erode hard-won transformation goals.”“It appears these proposed directives […]
DHAKA: Bangladesh said on Sunday it had granted a licence to tech billionaire Elon Musk’s Starlink satellite internet service, as punishing US tariffs raise fears for its key garment sector. The Starlink service will be unveiled at a government-backed investment summit that opens in Dhaka on Monday.“We granted them approval,” Chowdhury Ashik Mahmud, chairman of […]
