Semiconductor stocks fell in early trading on Monday after Nvidia cut its fourth-quarter revenue outlook, citing deteriorating macroeconomic conditions, particularly in China, along with weakness in its gaming and data centre divisions.
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Eskom is facing a mounting repair bill at two new coal-fired power stations that are still under construction, compounding its already dire financial situation.
Samsung Electronics has announced it is to begin replacing plastic packaging materials with “environmentally sustainable elements”.
Worldwide IT spending is set to reach almost US$3.8-trillion in 2019, according to new research from analyst firm Gartner. This is a 3.2% increase over spending in 2018.
A flexible material that converts radio signals into usable electric current raises the prospect of a world without batteries.
Global technology stocks are bouncing back. But distaste for what was the market’s favourite group as recently as mid-2018 is starting to spread among large swathes of money managers.
Flying cars! So futuristic! A world in which they’re buzzing around the skies must be dazzling — like a Popular Mechanics feature come to life! Well, yeah. About that.
There will be grumbling about Facebook unifying its apps. But it was an obvious decision by a company that now has to try much harder to continue to lure more people and advertisers to its digital empire.
Facebook is planning to integrate parts of WhatsApp, Instagram and Messenger, as part of a huge technical operation across the social network’s collection of messaging apps.
Naspers said on Friday that it is investing almost $1.2-billion (about R16-billion) to buy an additional 29.1% stake in Russian classifieds business Avito.