A $40-billion plan to cash out of bitcoin
The Chinese company that makes most of the world’s bitcoin mining rigs – as well as a big pile of mining and crypto-trading profit – is thinking about a stock market listing
Author Agency Staff
Tencent falls after China bans hit videogame
Tencent slumped after taking another hit to its gaming business when regulators told the social media giant to remove Monster Hunter: World from its PC downloads service just days after the action title’s debut.
Bitcoin on the back foot as cryptos tumble
Bitcoin dropped below $6 000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up.
Home affairs back online after Sita outage
Home affairs’ systems are back online following a power outage at the State IT Agency.
Software giant Oracle accused of defrauding investors
Oracle is named in a lawsuit alleging the company’s executives lied to shareholders when they explained why cloud sales were growing.
Sony’s new cameras are winning over the pros
Cameras for pros, such as Nikon’s $6 500 D5 and Canon’s $5 500 1D Mark II, were considered unassailable, until now. But Sony’s incursion into professional photography didn’t happen overnight.
Rand plunges 9.4%, most in nearly a decade
The rand plunged the most in almost a decade and Mexico’s peso slumped as financial turmoil in Turkey sapped demand for emerging market assets.
The Tesla rivals are coming – and fast
When the call came, Robert Wickel wasted little time. The subject? Reservations for Porsche’s all-electric Taycan were coming, even though the vehicle wouldn’t enter production until next year.
Saudi fund in talks to invest in Tesla buyout deal
Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, according to a person with direct knowledge of the fund’s plans.
Alex Jones and social media’s neutrality delusion
Social media platforms now shape public discourse as powerfully as newspapers and magazines did a generation ago, perhaps more so.