There’s only one stock in Asia that’s really mattered this year – Tencent Holdings, in which South Africa’s Naspers has a 33.2% stake. A 76% surge in its Hong Kong shares has lifted the company’s value by US$175bn (R2.3 trillion
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Professional videogaming is the next big thing. How big that is, though, is hard to say. Some estimates pegged it as a $493m industry in 2016, others said it was nearly twice as big. As for the audience, some say it’s 85% male, others
Finnish company HMD Global has unveiled its latest Nokia-branded smartphone in a first bid to win over Samsung Electronics and Apple customers. The Nokia 8 will be available in September and will retail for a global
For Intel CEO Brian Krzanich, the last straw was US President Donald Trump’s attack on Merck & Co CEO Ken Frazier. Krzanich has paid a price internally for maintaining a relationship with the Trump administration. He planned
Space-like adjectives are often used to describe bitcoin’s stratospheric price rise. Now there may be some truth in those analogies. Blockstream plans to make the digital ledger underpinning the cryptocurrency accessible via satellite
Bill Gates has made his largest gift since the turn of the century, giving away Microsoft shares that accounted for 5% of his fortune, the world’s biggest. The billionaire donated 64m of the software maker’s shares valued at $4.6bn
Rovio Entertainment is planning an initial public offering as early as next month that could value the maker of the…
Bitcoin soared past $4 000 for the first time on growing optimism faster transaction times will hasten the spread of the cryptocurrency. The largest digital tender jumped to a peak of $4 125.17 on Monday,
Beware of Beijing: that’s the lesson of Friday’s selloff in the shares of China’s most valuable company. Tencent – a stock-market favourite for its 66% surge this year – slid 4.9% in Hong Kong in its steepest drop since February 2016
China’s online watchdog has launched an investigation into reports of multiple violations at news services run by Tencent, Baidu and Weibo, as the government continues to tighten scrutiny over Internet content. The Cyberspace Administration