After the giddy heights of January when its shares hit an all-time high, Tencent Holdings – in which South Africa’s Naspers holds a 31.2% stake – has shed $77bn in value as investors price in the costs of the Internet giant’s massive
Author: Agency Staff
For the past few years, Symantec seemed to have been doing everything right. The world’s top maker of cybersecurity software started selling more to corporations – chasing growth and balancing out its
The most talked-about, futuristic product from Google’s developer show isn’t even finished – but it’s already stoking heated debate. At its I/O conference on Tuesday, Google previewed Duplex, an experimental service
Uganda’s government is proposing a tax of 100 shillings per day for at least some users of social media such as Facebook and WhatsApp, parliament said, amid criticism from press freedom campaigners
It’s relatively easy these days to find critics of Skype, the popular online calling service that Microsoft acquired in 2011 for US$8.5bn. Former devotees routinely gripe on social media that the software has become
The world’s biggest diamond producer says it’s tracked its first diamonds all the way from the mine to jewellery retailers using the technology behind bitcoin. De Beers, which is piloting a scheme using blockchain
ZTE regards the next two weeks as crucial to resolving a US blockade that’s brought its main businesses to a standstill and choked off revenue, signalling the potential collapse of one of the world’s largest makers
Africa’s largest company just chalked up another major investment coup. Naspers has netted a cool US$1.6bn profit from the sale of its 11% stake in Indian e-commerce startup Flipkart, a deal almost as lucrative
South African business confidence has declined to levels last seen when Jacob Zuma was still the president. The index dropped to 96 in April from 97.6 the previous month, the South African Chamber of Commerce
Vodacom parent Vodafone has agreed to buy German and Eastern European units from Liberty Global in an €18.4bn deal that shakes up the region’s TV and broadband market and signals a retreat by US billionaire