Traders in China are unwinding positions in Tencent Holdings faster than ever, turning to other targets amid a lack of reasons to push Asia’s biggest stock any higher. Mainland investors sold a net $81m
Author: Agency Staff
For the first time in its 130-year history, De Beers will sell diamond jewellery made in a lab rather than underground over billions of years. The move is a historic shift for the world’s biggest diamond miner
The Public Investment Corp is looking into how Africa’s biggest money manager decided to spend R4.3bn to back last year’s initial public offering of IT company Ayo Technology Solutions. The PIC, which manages
The University of Pretoria and MultiChoice South Africa have partnered to develop scarce artificial intelligence skills in South Africa, specifically in machine-learning technology. MultiChoice has sponsored a research
The companies behind two of the world’s most popular video games are squaring off in court. PUBG, an affiliate of South Korean studio Bluehole, is suing the Korean unit of North Carolina-based Epic Games, arguing that its smash
The Force was weak with Solo. Walt Disney’s latest offering from the Star Wars film franchise opened to disappointing weekend sales in the US and Canada, a rare slip for a movie studio that has dominated the box office for
A unit of the South African Police Service said it’s started an investigation into an alleged cryptocurrency investment fraud that has affected more than 28 000 people and led to losses of more than R1bn. The allegations
BT Group, the former phone monopoly under pressure to return to growth, is considering options for its UK fixed network after getting informal interest from private equity and infrastructure investors, according to
Apple has won $539m from Samsung Electronics in the final throes of the companies’ US court struggle over smartphone technology, seven years after the start of a global patent battle. Apple sought about $1bn in a retrial of
From technology giant Facebook to libraries and schools, organisations are now subject to the world’s most far-reaching data privacy regulation in a crackdown aimed at protecting people from losing control over