Bitcoin prices plunged as much as 23% from Wednesday’s all-time high, according to Bloomberg data, as some traders took gains and investors celebrated a rally in the yuan. Bitcoin fell to as low as US$888,99 on Thursday
Browsing: News
All the latest technology news from South Africa and around the world.
South Africa’s national school pass rate rose for the first time in three years as the government boosted spending on education and teachers got to grips with a new curriculum. The proportion of successful
BMW will dispatch a fleet of autonomous vehicles to US and European cities in the second half the year, the next step in its partnership with Mobileye and Intel to introduce fully self-driving vehicles by 2021. The German automaker will put 40 of
For a clue on how bearish foreign investors have become about Chinese stocks, take a look at Tencent Holdings, in which South Africa’s Naspers holds a roughly one-third stake. The Shenzhen-based technology giant has tumbled 13% from its
Bitcoin headed for its biggest weekly jump since June as rising geopolitical risks boosted demand for alternative assets. The cryptocurrency surged 15% this week to US$900,40 as of 2.38pm in Hong Kong, taking its gain this year
Eskom on Tuesday afternoon released the request for information for 9,6GW of new nuclear power generation capacity, but made it very clear that it has not commenced with procurement. This follows
Former top equities analyst and senior banker Duarte da Silva and former MTN South Africa CEO Zunaid Bulbulia are set to invest more than R125m buying significant minority positions in listed telecommunications company Huge
Telkom has given R1bn in financial assistance to its IT services subsidiary Business Connexion, it said on Monday. The money will be used by BCX, among other things, to meet working capital requirements. Telkom
SABC board chairman Obert Maguvhe has resigned, the public broadcaster’s news service reported on Monday. He was the sole remaining member of the board. Maguvhe, who faced a grilling last week in parliament over corporate
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major foreign-exchange trade, stock index and commodity contract. The electronic