SoftBank Group’s sale of ARM to US chip maker Nvidia has collapsed, a source familiar with the matter said.
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A whopping $600-billion of cash stashed at mega-cap technology companies could drive a wave of deal-making in the sector.
Mark Zuckerberg lost $29-billion in net worth on Thursday as Meta Platforms’ stock marked a record one-day plunge, while Jeff Bezos was set to add $20-billion.
South African private sector activity rose slightly in January as the Omicron wave of Covid-19 cases receded, lifting demand and stabilising new business.
Google parent Alphabet reported record quarterly sales that topped expectations as its Internet advertising business surged.
Moove, the African fintech start-up that partners with Uber, has announced its second major fundraising round in less than six months.
The co-founders Skype and Flutterwave are among the big names backing a new tech growth fund aimed at investing in African “impact start-ups”.
Apple teased its metaverse ambitions on Thursday as CEO Tim Cook talked expansion of the company’s augmented reality apps.
Apple posted record quarterly sales that sailed past Wall Street estimates, a sign it was able to work through a supply-chain crunch.
PBT Group will list on A2X Markets on 1 February. The listing will be secondary in nature, with the company retaining its primary listing on the JSE.