China’s Internet sector wrapped up the third quarter earnings season with its slowest growth on record.
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Reunert lifted revenue by 7% in the 2018 financial year to R10.49-billion, buoyed by improvements in the JSE-listed group’s ICT and applied electronics segments.
Microsoft is faring better than its more celebrated peers as losses pile up for technology stocks.
Tech stocks are having another rough day with chip makers extending a three-session slide and many of the biggest tech and Internet names adding to Monday’s losses.
Apple shares dropped close to bear market territory on Monday on concern consumers are no longer clamouring for its cornerstone product, the iPhone.
Financial services chatbot developer FinChatBot has secured R7-million in funding from South Africa’s Kalon Venture Partners and Mauritius-based Compass Venture Capital.
There is certainly a lot of volatility in the technology space right now, but some of the recent investor nervousness is being driven by interest-rate concerns.
The bad news keeps piling up for Apple ahead of the crucial holiday season.
Tencent Holdings posted earnings that surpassed all analyst estimates as one-time gains and advertising demand limited the impact of a government clampdown on its lucrative games business.
MTN Group is close to agreeing an $800-million settlement with Nigerian authorities over a claim it illegally transferred $8.1-billion funds out of the country, according to a person familiar with the situation.