Bitcoin has picked up right where it left off, hitting another record high to close in on US$8 000 just days after a plunge of as much as 29% tested the confidence of advocates of the cryptocurrency. Bitcoin climbed as much as 1.3% to touch
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Tencent, in which South Africa’s Naspers holds a 33% stake, rose to a record high after posting accelerated sales growth and topping the most optimistic of analyst estimates. The shares climbed 2.3% to a
Airbnb doubled net revenue in the third quarter and remains on a profitability streak, as the business builds toward an initial public offering expected next year, according to people familiar with its
Apple is working on a rear-facing 3D sensor system for the iPhone in 2019, another step toward turning the handset into a leading augmented-reality device, according to people familiar with the plan. Apple is evaluating a different
SpaceX will launch Zuma into space this week. No, not President Jacob Zuma. The company, headed by South African-born billionaire Elon Musk will fire a secretive payload into low-earth orbit on Wednesday aboard a Falcon 9 rocket
Qualcomm has formally rejected Broadcom’s US$105bn acquisition offer, kicking off what would be the largest technology takeover battle in history. Qualcomm recommended shareholders spurn the deal, saying it’s an opportunistic
The World Wide Web is 28 years old. But these days it often appears to have the growing pains of a teenager. There’s the scourge of fake news, growing pockets of censorship around the world
Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators who had profited from a more than 800% surge this
IBM is increasing the pressure on Google in the battle to commercialise quantum computing technology. Quantum computers hold the promise of being able to solve difficult problems from fields
Bitcoin has soared to a record after a technology upgrade that was threatening to disrupt the biggest cryptocurrency was called off, removing another concern for mainstream investors captivated by this year’s more-than-seven-fold