Bharti Airtel, India’s second biggest wireless carrier, is delaying a planned initial public offering of its Africa unit due to the turmoil in emerging-market stocks, people with knowledge of the matter said.
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MTN Group has boosted sales ahead of targets in the third quarter, showing its ability to grow the business even with a major regulatory spat that’s rocked shares of Africa’s largest wireless carrier.
Qualcomm says its fight with Apple over how much the chip maker can charge for essential patented technology used in iPhones and iPads is getting pricey.
Naspers said on Friday that it will invest R1.4-billion to help South African technology entrepreneurs grow their start-ups and will invest R4.6-billion over the next three years in the local technology sector.
The growth engines of Amazon.com and Alphabet, the world’s largest Internet companies, sputtered last quarter, and after weeks of stock market jitters, investors were in no mood to give them a pass.
Oracle founder Larry Ellison is a big believer in Tesla and defender of his friend Elon Musk.
Altron has resumed dividend payments to shareholders, sending the group’s shares higher on the JSE on Thursday. It’s the first time it has paid a dividend since 2016.
Twitter has topped estimates for earnings and revenue in the third quarter amid higher spending from advertisers, marking a much-needed boost for the social networking site.
Strong results from Microsoft, Tesla and Xilinx are helping to salve wounds after technology stocks led the Nasdaq 100 Stock Index to its biggest rout in seven years.
China’s regulators have ended the issuance of game licences through a stopgap approval process, closing the last known official path for making money from new titles in the world’s biggest gaming market.