China’s unprecedented crackdown on its technology industry has turned Tencent Holdings from a market darling into the world’s biggest stock loser this month.

JSE-listed technology group Altron has made several changes to its board, including appointing a new chairman and a new executive director who will also serve as chief financial officer.

Contactless payments platform SnapScan has released an update to its app that allows people to make peer-to-peer payments from its electronic wallet.

South African banks said on Thursday that replacing 1 400 ATMs vandalised and looted during recent violent unrest could take about two months. As much as R20-million could have been taken.

Inmarsat Group, the UK’s biggest satellite company, plans to launch a constellation of low-earth orbit spacecraft and set up 5G wireless networks, joining a new space race against the likes of Elon Musk.

First National Bank said on Thursday that it is looking to hire 300 technology professionals with expertise in areas such as software development and cybersecurity.

The public enterprises ministry said late on Wednesday that preliminary assessments showed that Transnet and its customer data had not been compromised by a recent cyberattack.

Samsung Electronics is making foldable phones a priority, starting with a major promotional push in the latter half of this year aimed at bringing the premium form factor to a mainstream audience.

About 54% of South Africans say they are unlikely to get a Covid-19 vaccine and almost half say they believe prayer provides more protection than the shots against contracting the disease, a survey showed.

Big technology companies in the US are making vaccination mandatory for on-campus employees, as the highly infectious Delta Covid-19 variant drives a resurgence in cases.