Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100 000 in a year.
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The South African Reserve Bank has announced that cheques will not be supported by the country’s national payment system from 1 January.
It sounds like science-fiction: giant solar power stations floating in space that beam down enormous amounts of energy to Earth. But scientists are making huge strides in turning the concept into reality.
Apple has seemingly made a key concession in the battle over the smartphone giant’s market power and treatment of developers. “Seemingly” is the key word here.
Sales of hybrid and electric cars are growing much more slowly in South Africa than in the rest of the world. There are many reasons for this.
Samsung Electronics is pouring $116-billion into its next-generation chip business that includes fabricating silicon for external clients, betting it can finally close the gap on industry leader TSMC.
Tencent joined much of China’s Internet sector in a $290-billion selloff on Wednesday after Beijing signalled its strongest intentions yet to rein in Big Tech. Yet it’s in some ways better shielded than its peers.
The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world.
The Xbox Series X is billed as the most powerful videogame console ever made. But with a meagre line-up of games this year, that promise won’t mean much for a while.
As real artificial intelligence technology advances toward Hollywood’s imagined versions, the question of moral standing grows more important. If AIs have moral standing, it could follow that they have a right to life.