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Warren Buffett proposed investing $3bn in Uber Technologies earlier this year but the talks fell apart following disagreements over the terms and size of the deal, people familiar with the matter said. The now-dead

Traders in China are unwinding positions in Tencent Holdings faster than ever, turning to other targets amid a lack of reasons to push Asia’s biggest stock any higher. Mainland investors sold a net $81m

More than four years after the first mobile-TV service was introduced, only 3,2m users worldwide are paying to receive broadcasts to their handsets, according to research by international analyst firm Juniper Research. This is probably bad news for pay-TV incumbent MultiChoice and cellphone operator Vodacom, both of which have recently introduced mobile-TV products.

Cell C is like a new company. In a presentation to media on Wednesday morning, CEO Lars Reichelt set out a radical new strategy and unveiled a revitalised brand image for the mobile operator. It may still be SA’s smallest cellular network by market share — Telkom hasn’t launched its mobile business yet — but under Reichelt, who was appointed to the job last year, Cell C is fast becoming the market’s feistiest player.