Nvidia’s nine-month crypto gold rush is over. Sales of graphics chips to miners of cryptocurrencies like ethereum dried up faster than expected, the company said.
Author: Agency Staff
President Cyril Ramaphosa had hopes of lifting economic growth to 3% in 2018. Economists think that goal is even more unattainable than before.
China long celebrated Tencent as a national champion. Now the tech giant is getting a taste of what it’s like to be on the other side of government patronage.
Tencent slumped after the Chinese social media giant reported shockingly poor quarterly numbers, underscoring how tech superstars that led the market to new heights are showing signs of strain.
After a decade of operation and perhaps a year or so away from its initial public offering, an essential unanswered question remains: is Uber viable?
Naspers, Africa’s largest company by value, plunged the most in almost 10 years in Johannesburg trading after Chinese Internet giant Tencent posted earnings that missed analyst estimates.
Intel shares dipped after the company, whose processors power the majority of the world’s computers, revealed another potential security flaw that could allow illicit access to data.
Bitcoin recovered from the lowest level since June and scores of smaller digital tokens rallied as concern eased that investors are giving up on the virtual alternatives to cash after this year’s collapse in prices.
The Chinese Internet giant, best known for its popular games and ubiquitous messaging services, has shed more than $150-billion in market value since a January peak.
The Chinese company that makes most of the world’s bitcoin mining rigs – as well as a big pile of mining and crypto-trading profit – is thinking about a stock market listing