Strong results from Microsoft, Tesla and Xilinx are helping to salve wounds after technology stocks led the Nasdaq 100 Stock Index to its biggest rout in seven years.
Author: Agency Staff
Bitcoin’s going through a serious quiet spell. The world’s largest digital currency is seeing fewer major price swings and low volatility, signs that the coin may be nearing a bottom.
Billions of rand in bailouts will flow to state-owned enterprises, including roads agency Sanral, the Post Office and South African Airways, national treasury said on Wednesday.
Apple CEO Tim Cook on Wednesday touted the importance of privacy and legislation to protect it, as the iPhone maker seeks to distance itself from Silicon Valley competitors under scrutiny for recent user data breaches.
China’s regulators have ended the issuance of game licences through a stopgap approval process, closing the last known official path for making money from new titles in the world’s biggest gaming market.
Naspers is planning to increase its stake in Indian online food delivery business Swiggy as the start-up plots its third fundraising round of the year, according to people familiar with the matter.
Gartner has become embroiled in a management scandal at the South African Revenue Service after it emerged that the US IT research company secured an almost R200-million contract without proper procurement procedures being followed.
Netflix, criticised for its marketing practices, has denied that it tailors the promotions of movies and TV shows based on the race of viewers.
After the crypto crash, the industry wants governments to confer legitimacy on digital currencies whose enthusiasts originally boasted of being outside the system. For some operators, the alternative could be bleak.
Facebook is losing another long-tenured founder from an acquired company: Brendan Iribe, who was the CEO of Oculus VR when Facebook bought it in 2014.