The chip maker’s third-quarter revenue estimates were about a billion dollars less than previously forecast, signalling the chip slump could be much worse than expected.
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Tencent Holdings is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies.
Tencent has lost its title as China’s biggest company, the latest sign of how far regulatory risk and dimming growth prospects have set back the country’s tech industry.
Alviva Holdings has hiked its dividend by 90% after reporting a strong full-year financial performance, boosted by the acquisition of Tarsus.
Ellies Holdings cautioned investors on Wednesday that it is in negotiations about potential acquisitions in the solar and renewable energy sectors.
CIVH, the Remgro-controlled parent of fibre operators Vumatel and Dark Fibre Africa, has turned profitable.
Cape Town-based on-demand home cleaning and services platform SweepSouth has raised a further $11-million in funding, this time led by Alitheia IDF.
Ellies Holdings said on Monday that it will embark on a “formal consultation process” with employees under the Labour Relations Act.
Google parent Alphabet is inherently positioned for structural growth, writes Stonehage Fleming head of equity Gerrit Smit.
Tencent Holdings’ buyback spree is failing to revive investor sentiment over the online gaming giant, whose shares are languishing near a 2018 low.