South African-founded chat commerce specialist Clickatell, which is now headquartered in California, has secured R1.4-billion in a series-C funding round.
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Tencent denied talk that it’s facing a major regulatory crackdown in China, issuing an unusually aggressive public response. Shares in Naspers still tanked.
Nvidia failed to impress investors with its latest forecast, a sign of the lofty expectations for the most valuable US chip maker.
Discovery has announced plans to establish a new, health-focused insurance technology business called Amplify Health in partnership with AIA Group.
Stitch, a Cape Town-based fintech start-up, has raised US$21-million (R315-million) in a funding round that includes PayPal Ventures.
Warren Buffett’s Berkshire Hathaway acquired nearly $1-billion of shares in Activision Blizzard just before Microsoft agreed to buy the videogame maker.
Elon Musk reported that he gifted almost $6-billion worth of Tesla shares to charity in November.
The JSE has censured two former directors of Ayo Technology Solutions, publicly berating them and banning them from serving as directors for five years.
SoftBank Group’s sale of ARM to US chip maker Nvidia has collapsed, a source familiar with the matter said.
A whopping $600-billion of cash stashed at mega-cap technology companies could drive a wave of deal-making in the sector.