Naspers will focus on consolidating technologies and harnessing artificial intelligence across its e-commerce business after taking full control of Russia’s largest classified advertising platform in a $1.1-billion deal.

Facebook is planning to integrate parts of WhatsApp, Instagram and Messenger, as part of a huge technical operation across the social network’s collection of messaging apps.

Naspers said on Friday that it is investing almost $1.2-billion (about R16-billion) to buy an additional 29.1% stake in Russian classifieds business Avito.

Vodafone Group has suspended purchases of equipment from Huawei for the core of its wireless networks. However, it’s not immediately clear how this affects Vodacom, which is controlled by Vodafone.

The production-weighted cash cost to create one bitcoin averaged around US$4 060 globally in the fourth quarter, according to analysts with JPMorgan Chase & Co.

Facebook is giving up on its standalone Moments photo organiser app more than three years after launching it.