The biggest IPO in history is stoking an investor frenzy
Ant Group may not be a household name in most of the world, but the Chinese fintech behemoth controlled by Jack Ma has set off an investor frenzy for the history books.
Author Agency Staff
‘Who the hell elected you?’: US senators in showdown with Big Tech
A US senate hearing to reform an Internet law and hold tech companies accountable for how they moderate content quickly turned into a political scuffle.
NSA ducks questions about back doors in tech products
The US National Security Agency is rebuffing efforts by a leading congressional critic to determine whether it is continuing to place so-called back doors into commercial technology products.
Bitcoin faithful say this time is different after price surge
Bitcoin advocates say this time will be different as the virtual coin surges back to price levels last seen in the wake of the collapse of the cryptocurrency market bubble almost three years ago.
Sony seeing ‘very considerable’ PS5 demand ahead of launch
Sony is seeing “very considerable” demand for its PlayStation 5 console via pre-orders, its gaming chief said, as the technology firm targets pole position in the race to tap the growth of gaming globally.
Wage freeze on the cards for civil servants
South Africa plans to slash its wage bill over the next three years, including a proposed pay freeze, as it earmarks massive expenditure cuts to reign in a soaring budget deficit.
Microsoft delivers earnings beat as cloud business gathers steam
Microsoft’s cloud computing business slightly re-accelerated and its Teams collaboration software won new users, as a pandemic-driven shift to working from home drove quarterly results ahead of investor targets.
Cape Town, Jo’burg to switch to solar as Eskom monopoly ends
South Africa’s biggest cities are preparing to source their own power after the energy ministry this month approved letting them wean themselves off the state utility.
Bitcoin is soaring again
Bitcoin is approaching levels not seen since just after the burst of the cryptocurrency market bubble almost three years ago.
AMD to buy chip maker Xilinx for $35-billion
Semiconductor designer AMD said on Tuesday it would buy Xilinx in a US$35-billion all-stock deal, intensifying its battle with Intel in the data centre chip market.