Ether investment products and funds posted record outflows in the last week of June, bearing the brunt of negative sentiment on cryptocurrencies.

Facebook shares rose more than 4% after a US antitrust case was thrown out of court. The share price rise put Facebook’s market capitalisation over $1-trillion for the first time.

Promoted | With the recent pullback in the cryptocurrency market, people are calling it the end of the crypto sector … again. What’s new, right?

Promoted | While increasing manufacturing delays caused by the global semiconductor shortage have the potential to impact on personal and business computer builds, DG has always operated on an active stocking model.

Exclusive | EOH Holdings is suing its co-founder and former CEO, Asher Bohbot, and its former chief financial officer, John King, for R1.7-billion in damages each. It is also pursuing several other former executives.

Owing to the soaring number of Covid-19 infections currently sweeping the country, the South African Revenue Service has announced the temporary closure of tax branches from physical visits.

Qualcomm on Monday said it expects to work with more than 30 carriers and telecommunications gear providers who have committed to using the faster variant of 5G networking technology.

A growing number of crypto asset firms are abandoning attempts to register with Britain’s financial regulator as global scrutiny of the rapidly-growing sector intensifies.

Bitcoin pushed higher Monday as proponents took encouragement at its failure to breach the closely watched $30 000 support level over the weekend.

The cryptocurrency aficionados’ mantra that bitcoin is equivalent to digital gold is winning converts among the world’s biggest holders of the precious metal.