Moody’s Investors Service hasn’t said it, but investors already think it: South Africa’s credit is junk.
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The People’s Bank of China is “close” to issuing its own cryptocurrency, according to a senior official.
With worries about a currency war growing and bond yields collapsing, investors have reached for their usual haven of gold. Only this time it has a friend: bitcoin.
Uber Technologies has instituted a hiring freeze for employees working on software and services across the US and Canada, as the ride-hailing company faces mounting losses.
Huawei Technologies took the wraps off its HarmonyOS operating system Friday, offering the first glimpses of in-house software that may someday replace Google’s Android and reduce its reliance on American technology.
The ride-hailing company reported second quarter adjusted sales that fell short of estimates and posted a net loss of $5.24-billion, by far the largest ever for the business.
Huawei Technologies on Friday offered the first glimpse of an in-house software that may someday replace Google’s Android, an important step toward reducing its reliance on American technology.
Broadcom has agreed to buy Symantec’s division that serves business customers for $10.7-billion in cash, adding software designed to keep hackers out of corporate systems.
Cell C said late on Thursday that it is up to date with all payments to MTN South Africa for its national roaming agreement.
Cell C has missed several payments to national roaming partner MTN South Africa, underscoring the dire financial straits in which the country’s third-largest mobile operator finds itself.