Alibaba Group co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.4%, cashing out around $9.6-billion at its current share price.
Author: Agency Staff
Analog Devices is close to an all-stock agreement to acquire Maxim Integrated Products, according to people familiar with the matter.
President Cyril Ramaphosa read the riot act to those violating rules aimed at curbing the spread of the coronavirus and announced new measures to enforce them as the disease nears a peak.
In a world divided between digital haves and have-nots, Elon Musk and Jeff Bezos are trying to close the gap by launching thousands of satellites to zip around the globe in what’s known as low-Earth orbit.
Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable challenges to complete a working constellation and rebuild a collapsed venture.
Tesla appears on the verge of joining the S&P 500, a major accomplishment for CEO Elon Musk that would unleash a flood of new demand for the electric car maker’s shares.
The economic transformation committee of the ANC has suggested that pension funds take over some of the assets of indebted state-owned power company Eskom.
The Trump administration plans to finalise regulations this week that will bar the US government from buying goods or services from any company that uses products from five Chinese companies including Huawei.
Twitter has posted a job listing for Web engineers to build a new subscription-based platform, sending its shares surging on Wednesday.
Tesla is “very close” to achieving level-5 autonomous driving technology, CEO Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.