Turkey’s central bank has banned the use of cryptocurrencies and crypto assets to purchase goods and services, citing “irreparable” possible damages and significant risks in such transactions.
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First National Bank has terminated the banking facilities it provides to Iqbal Survé’s Ayo Technology Solutions, Ayo said in a statement to shareholders after markets closed in Johannesburg on Thursday.
The prohibition on the private ownership and free trading of spectrum is an “artefact” that has “neither a technological basis nor is supported by economic theory”, says the Free Market Foundation.
The Financial Services Conduct Authority has begun an insider trading investigation that will “cover disclosures and transactions in Huge Group securities during January 2021”, it said on Thursday.
The evolution of digital assets such as cryptocurrencies brings phenomenal potential to change the financial industry, but with this comes certain challenges that have to be overcome. By Wiehann Olivier.
Two decades ago, the world’s biggest software maker was in the US government’s antitrust crosshairs for its business practices surrounding its operating system monopoly. Things are different now.
Just three months after Taiwan’s TSMC shocked investors with a record spending plan, the world’s most important chip maker doubled down with an even bigger budget.
Coinbase Global was valued at $86-billion at the end of its Nasdaq debut on Wednesday, in a choppy day of trading when its valuation went as high as $112-billion.
Dell Technologies will spin off its 81% stake in cloud computing software maker VMware in a move that will help the PC maker reduce its debt.
EOH Holdings has reduced its headcount by 1 566 employees in the past six months, mainly through selling or closing non-core and non-performing businesses, as it streamlines its operations and further reduces debt.