Facebook’s libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project.

Tesla’s market value soared past $540-billion this week — equivalent to 250 times its expected earnings this year — meaning it’s now the world’s 10th most valuable listed business.

Bitcoin and other digital coins steadied on Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies.

Huawei founder Ren Zhengfei has called on employees of its departing Honor subbrand to strive to surpass its parent in a farewell speech as the tech giant sells the budget brand to keep its sanction-hobbled supply chains alive.

The South African Reserve Bank and industry regulators have warned the public not to use instant electronic funds transfer online payment services as a payment option.

Promoted | Those who have looked beyond bitcoin and diversified within the crypto space have been handsomely rewarded.

Promoted | The business case for IoT is strong. Smart companies are implementing projects with quick investment returns to fund incremental, continuous improvement. By 4Sight Holdings’ Lukas Barnard and Jeandre du Randt.

Promoted | In a positive upturn to an otherwise turbulent year, Huawei has begun Christmas early, offering a month-long range of fantastic cloud deals in its Year-End Sales Carnival.

Bitcoin plunged on Thursday, slamming the brakes on a blistering rally and sparking a sell-off among smaller digital coins. Bitcoin slumped as much as 13% to its lowest since 16 November.

Anne O’Leary, the CEO of Vodafone Group’s operations in Ireland, will join the Vodacom Group board as a non-executive director from January 2021.