Some of Wall Street’s biggest players are viewing the stock market’s recent tech-led selloff as a bout of turbulence rather than the start of a longer slide – and they don’t see it as a reason to run for the door.
Author: Agency Staff
China’s top flash memory chip maker sees no easy way to replace US chip-making gear, underscoring how a further crackdown on the supply of American technology will devastate the local semiconductor industry.
President Cyril Ramaphosa said consensus is emerging on a plan to revive an economy mired in the worst recession since 1992.
South Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly policies, according to Eunomix Business & Economics.
Naspers-backed cryptocurrency exchange Luno has been acquired by New York-based digital asset investment firm Digital Currency Group.
Apple has filed filed counterclaims against Fortnite creator Epic Games asking for lost App Store fees and other damages, and seeking an order to stop the game maker from operating its own in-app payment system.
The next-generation Xbox game console finally has a price and release date: The Series X will be out on 10 November worldwide for $499.99 – it will cost R11 999 in South Africa – Microsoft said on Wednesday.
Huawei is expected to respond on Thursday to the latest salvo of US technology restrictions against it and share its progress on developing a system that is seen as its best bet to replace Android.
Tesla shed about $80-billion of its market value on Tuesday, an amount that overshadows the combined value of General Motors and Ford, after its surprise exclusion from the S&P 500 Index.
Volkswagen’s new electric car panned by Germany’s leading test publication. Auto Motor und Sport said the ID.3 fell short of the car maker’s usual standards of fit and finish, and had a limited operating range,