As Novus buys up Mustek, execs retain a stake

As Novus Holdings moves to acquire Mustek by buying the remaining shares that it doesn’t already hold, executives at the distributor have penned an agreement to retain a 25% stake in the company. On 15 November Novus Holdings made a mandatory offer to the shareholders...

Xerox buys Lexmark for $1,5bn

Xerox Holdings has reached an agreement to acquire Lexmark International from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Centre in a deal valued at $1,5-billion, including assumed liabilities. The acquisition will enhance Xerox’s core print portfolio...

Ruby the Robot puts in the Xmas shift

While you’re enjoying your roast turkey and plum pudding tomorrow, spare a thought for Rudy the Robot, JLR’s automated colleague who is working hard this Christmas in minus 40-degree conditions to test the durability and quality of JLR vehicle doors. Based at JLR’s...

ACSA says OR Tambo facilities are working

Airports Company South Africa (ACSA) has issued a statement to address reports circulating on social media regarding the state of facilities at OR Tambo International Airport (ORTIA), with particular reference to the people movers. “OR Tambo International Airport is a...

Beware of these evolving holiday scams

With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains. Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified...

How 2024 reshaped digital assets

The crypto industry in 2024 was marked by new record-breaking highs and a flood of institutional participation fueled by ongoing regulatory progress. Luno shares its 2024 highlights:     ETFs and the continued rise of digital assets in traditional portfolios...