Beware of Beijing: that’s the lesson of Friday’s selloff in the shares of China’s most valuable company. Tencent – a stock-market favourite for its 66% surge this year – slid 4.9% in Hong Kong in its steepest drop since February 2016
Author: Agency Staff
Sony. Netflix. And now, HBO. While the 2014 hacking at Sony Pictures pushed entertainment giants to take computer security more seriously, recent incidents have exposed weaknesses throughout Hollywood’s food chain
China’s online watchdog has launched an investigation into reports of multiple violations at news services run by Tencent, Baidu and Weibo, as the government continues to tighten scrutiny over Internet content. The Cyberspace Administration
Global tensions sparked a market selloff on Thursday that drained $42.7bn (about R575bn) from the net worth of the world’s 500 richest people and knocked Amazon.com founder Jeff Bezos from his spot as the world’s second
Microsoft and Kaspersky Lab have settled a dispute that led to antitrust complaints in Europe and an investigation in Russia. As part of the agreement, Microsoft will make changes to the next update of Windows this
Amazon.com has joined Tencent and the main assembler of iPhones in backing Essential Products, the start-up co-founded by Android-creator Andy Rubin that’s getting ready to sell a new smartphone. China’s largest social
Kenya is sliding toward a potentially violent political crisis over opposition allegations that hackers interfered with provisional vote tallies from Tuesday’s general elections. The normally bustling streets of Nairobi, the
Netflix got a wake-up call from Walt Disney. Disney, the world’s biggest entertainment company, said on Tuesday it will stop supplying new Disney- and Pixar-brand movies to Netflix starting in 2019 and launch
President Jacob Zuma narrowly overcame a bid by opposition parties to topple him through a no-confidence motion in parliament. The real loser may be his own party, the ANC. Ruling party lawmakers rallied
President Jacob Zuma has survived a no-confidence motion in parliament, ensuring that he’ll maintain his grip on power until at least the end of the year. The motion was defeated by 198 votes to 177, Baleka