Bitcoin’s recent run higher has brought out a lot of old predictions – and some new ones – about the future of crypto prices.
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Revenues for African e-commerce heavyweight Jumia slid by 10% in the second quarter, dashing hopes that lockdowns aimed at stemming the spread of the Covid-19 would lead to a flood of online orders.
Microsoft on Wednesday said the Surface Duo, its dual-screen smartphone powered by Android, will start at a price of $1 399 and arrive in stores from 10 September. It will not be sold in South Africa at launch.
Tesla on Tuesday announced a five-for-one stock split, sending the electric car maker’s recently high-flying shares up 7% in extended trade.
The R3.8-billion claim Eskom has made against former executives as well as former minister Mosebenzi Zwane and the Gupta brothers, is a matter of principle, CEO André de Ruyter said on Tuesday.
HMD Global, the maker of Nokia-branded smartphones, has secured $230-million of investment from partners including Google and Qualcomm to help accelerate its development of 5G devices.
The appointment of a white treasurer at Eskom has become mired in allegations of racism, deepening a political dispute between a rabble-rousing opposition party and a cabinet minister.
Manufacturers all along the solar supply chain have boosted prices in the past month after a 19 July explosion forced the shutdown of a major polysilicon factory in Xinjiang, China.
State-owned Kiira Motors plans to have an initial manufacturing capacity of 5 000 vehicles per year, including buses, starting in July 2021.
Let’s be blunt. It makes no sense for Microsoft to buy TikTok. Even founder Bill Gates, who no longer has an active role, sees TikTok as a “poisoned chalice”. By Tim Culpan.