Tencent added to Friday’s sharp decline to start the week, helping lead weakness in technology shares after the US’s move to ban residents from doing business with the company’s WeChat app.
Author: Agency Staff
Microsoft’s bid to carve out parts of TikTok from its Chinese owner ByteDance will be a technically complex endeavour that could test the patience of US President Donald Trump.
Huawei Technologies will stop making its flagship Kirin microchips next month, financial magazine Caixin said on Saturday, as the impact of US pressure on the Chinese tech giant grows.
Looking for a new way to communicate during the pandemic? A Los Angeles company has created phone booth-sized machines to beam live holograms into your living room.
South African investigators are seeking to recover more than R400-million from German software giant SAP for two government contracts they allege were entered into unlawfully, court documents show.
Tencent, one of Asia’s biggest companies, is little known beyond the tech world. But its WeChat super app has more than a billion users worldwide.
Index heavyweight Naspers dropped 4.4% after US President Donald Trump signed a pair of executive orders prohibiting US residents from doing business with the Chinese-owned TikTok and WeChat apps.
A pact between South Africa’s government, labour unions and business to cut Eskom’s debt won’t include a pledge to use the pensions of state workers as had been initially proposed.
Mark Zuckerberg’s net worth passed $100-billion for the first time on Thursday after Facebook hit a record on optimism about the release of its TikTok competitor Reels.
Washington’s plan to ban certain technologies of Chinese origin is a sign of “madness” in US secretary of state Mike Pompeo, China’s state-backed tabloid Global Times wrote in an editorial on Thursday.