The Nasdaq ended at a record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf tech companies as investors shifted their focus to growth stocks.
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Microsoft took its place in the history books as just the second US public company to reach a $2-trillion market value, buoyed by bets its dominance in cloud computing and enterprise software.
Naspers reported a 24% rise in profit for the year that ended 31 March, boosted primarily by the performance of its investment in China’s Tencent Holdings, the company said on Monday.
Non-fungible tokens are exploding into the world of art, media and entertainment as a means to safeguard digital files and, in turn, enhance the protection of intellectual property. By Kim
The JSE-listed technology group known to most people as Altron, but which is technically Allied Electronics Corporation, is changing its name … to Altron.
Naspers spin-off Prosus has acquired a majority stake in GoodHabitz, a European provider of online training for businesses, for €212-million.
South African business confidence rose to its highest in over three years in May, supported by higher export volumes and manufacturing, data showed on Wednesday.
Naspers is participating in a R201-million funding round involving Cape Town-founded start-up WhereIsMyTransport, along with fellow investors Cathay AfricInvest Innovation Fund and SBI Investment.
A Swiss-based investment management firm says the proposed share swap between Naspers and Prosus is an “idiotic idea” that is certain to increase the discount with Tencent.
The gamification of finance is a worrying trend, and it’s not just restricted to buying and HODLing digital currencies. By Mark Gilbert.