Bitcoin’s painful 2018 crash continues, with the original cryptocurrency touching the lowest in more than a month on Monday.
Author: Agency Staff
Semiconductor stocks fell in early trading on Monday after Nvidia cut its fourth-quarter revenue outlook, citing deteriorating macroeconomic conditions, particularly in China, along with weakness in its gaming and data centre divisions.
Eskom is facing a mounting repair bill at two new coal-fired power stations that are still under construction, compounding its already dire financial situation.
Global technology stocks are bouncing back. But distaste for what was the market’s favourite group as recently as mid-2018 is starting to spread among large swathes of money managers.
Flying cars! So futuristic! A world in which they’re buzzing around the skies must be dazzling — like a Popular Mechanics feature come to life! Well, yeah. About that.
China’s foreign minister has urged countries not to use “fabricated” excuses to block Huawei, as Vodafone Group joined a list of companies that are shunning the telecommunications equipment supplier.
The production-weighted cash cost to create one bitcoin averaged around US$4 060 globally in the fourth quarter, according to analysts with JPMorgan Chase & Co.
Microsoft’s search engine, Bing, was blocked in China due to an accidental technical error rather than an attempt at censorship, according to people familiar with the matter.
Intel’s first forecasts for 2019 sent a signal to investors that a torrent of spending on data centres, which has nourished sales and earnings growth for years, is beginning to dry up.
Huawei’s consumer chief has dismissed US “political forces” and attempts to crimp the company’s growth, saying sales of smartphones and other devices surged by about 50% to a record $52-billion in 2018.