Penalties meted out by the US on ZTE were meant to punish the company for breaking trade sanctions. They certainly hurt its shareholders. Stock in the Chinese telecommunications equipment maker plunged
Author: Agency Staff
Bitcoin tumbled to its lowest level since February as the meltdown in the world’s largest digital currency accelerated, renewing concern about the long-term viability of the much-hyped alternative to traditional
Hopes are running high for the next wave of innovation in blockchains – the decentralised computer-based distributed ledgers that are being touted as the solution for everything from routine financial transactions
Chinese serial entrepreneur Lei Jun has been compared with Steve Jobs. Now, analysts are saying the smartphone giant he built could be twice as expensive as Apple. Xiaomi deserves to trade at a premium
The US senate plans to advance legislation to restore penalties on ZTE after President Donald Trump drew sharp criticism for easing restrictions to get the Chinese company back in business. The senate is voting late
The Barack Obama-era network neutrality regulations that barred broadband providers from slowing or blocking Internet traffic expired Monday, a major milestone in a debate that continues in the courts and the
The 2018 selloff in cryptocurrencies deepened, wiping out $42bn (R547bn) of market value over the weekend and extending this year’s slump in bitcoin to more than 50%. Some observers pinned the retreat on an
Xbox previewed a flurry of new titles and deals with studios as the videogaming division of Microsoft looks to compete more intensely with Sony’s PlayStation and a resurgent Nintendo. The new products, announced on Sunday
Bitcoin extended losses for a third day, tumbling 12% on Sunday as South Korean cryptocurrency exchange Coinrail said there was a “cyber intrusion” in its system. The largest cryptocurrency declined to US$6 749 as of 2pm in New
The rand extended a slump after breaching R13/US$ for the first time since December as investors bet there’s little chance the nation’s central bank will follow emerging-market peers in raising interest rates