Tesla said on Monday it had invested about $1.5-billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future. The cryptocurrency surged to a new record high.
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Telkom’s mobile business is still flying. In a financial update for the nine months to end-December 2020, published on Monday, the company said service revenue from mobile soared by more than 40% year on year.
Shares in Mustek leapt by more than 13% on Monday after it told shareholders that its headline earnings per share would more than double in the six months ended 31 December 2020.
Vodacom South Africa said on Monday that owners of Apple’s latest iPhone 12 smartphones can finally connect to the company 5G network.
The rand weakened early on Monday after South Africa’s Covid-19 vaccination plan suffered a setback over the weekend as the government put on hold the use of AstraZeneca’s vaccine in its programme.
Dogecoin, the tongue-in-cheek cryptocurrency featuring a Shiba Inu dog as a mascot, briefly touched a record on Monday after billionaire Elon Musk, rapper Snoop Dogg and Kiss bassist Gene Simmons tweeted about it.
The US app Clubhouse erupted among Chinese social media users over the weekend, with thousands joining discussions on contentious subjects such as Taiwan and Xinjiang undisturbed by Beijing’s censors.
South Korea’s Hyundai said on Monday it is now not in talks with Apple on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker’s shares skidding.
Twitter is building a subscription product as a way to ease its dependence on advertising – a plan that has taken on a heightened priority given the pandemic and pressure from activist investors to accelerate growth.
Some people are laughing through gritted teeth at Elon Musk’s tweets promoting dogecoin – the joke may ultimately be on all of crypto.