Global megacap companies posted solid gains in 2023, boosted by optimism over artificial intelligence.
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Shares in Naspers and Prosus slumped on Friday after China issued new measures to limit players’ spending in videogames.
Chinese regulators will curb excessive spending and rewards that encourage online gaming.
Apple added nearly $1-trillion in market value this year. Such gains in 2024 will be harder to come by.
Adobe on Monday shelved its $20-billion cash-and-stock deal for cloud-based designer platform Figma.
IBM is buying Software AG’s enterprise technology platforms for €2.1-billion to bolster its AI and hybrid cloud offerings.
The rally in Apple, the world’s most valuable publicly traded company, is showing no signs of easing.
Apple’s stock reached a record high close on Wednesday, lifted in a broad Wall Street rally.
Inflation will slow next year as global trends weighing on price growth combine with weak consumer spending.
CCI South Africa has opened a new contact centre – in the sprawling township of Umlazi, outside Durban.