Spring has sprung for tech stocks. The Nasdaq Composite Index rallied to a fresh record on Friday, capping an 11% gain since its 8 February low as investors poured back into the nine-year old bull market’s biggest winners
Author: Agency Staff
Eskom is reviewing its business, including staff numbers and possible asset sales, to find a way out of massive debt and develop a more sustainable model, according to its chairman. The state-owned utility will hold
Broadcom’s hostile takeover attempt of Qualcomm could pose a national security risk because of Qualcomm’s leadership in developing critical semiconductor technology, according to the US treasury department
Apple investors eager for fatter profit margins should read Spotify’s latest financial disclosures. They should have a few antacids handy when they do. The company’s document for its public stock listing highlights how tricky
BlackBerry is suing Facebook for patent infringement, claiming the social media giant uses technology invented by the former smartphone maker in Facebook’s massively popular messaging applications. Apps like
Digital-asset exchanges are emerging as one of the biggest winners of the cryptocurrency boom. The top 10 are generating as much US$3m in fees a day, or heading for more than $1bn/year, according to estimates
South Africa’s economic growth accelerated for the first year in four in 2017 as agricultural output surged following a recovery in output after the worst drought in more than a century. GDP expanded 1.3% last year, more
What makes Uber Technologies the most valuable venture-backed technology company in the world? Investors say size and growth. The business is transforming global transportation networks. On closer inspection of its
When US President Donald Trump infamously declared his preference for immigrants from Norway, he was presumably unaware that he selected one of the few developed economies in the world experiencing a decline
Apple’s AirPods earphones have been a surprise hit. Now, the company is planning a push into the high end of the market. The Cupertino, California-based technology giant is working on noise-cancelling, over-ear headphones that