Vodacom Group’s latest trading update, for the quarter ended December 2018, makes for sobering reading, particularly for those invested in the telecommunications sector.

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.

The Prince’s Trust has announced it will no longer accept donations from Huawei amid mounting security concerns about the Chinese firm’s technology.

Never in the history of the mobile phone has there been so much hype about a new technology ahead of its launch than there is with 5G.

Microsoft’s search engine, Bing, was blocked in China due to an accidental technical error rather than an attempt at censorship, according to people familiar with the matter.

Intel’s first forecasts for 2019 sent a signal to investors that a torrent of spending on data centres, which has nourished sales and earnings growth for years, is beginning to dry up.

Teraco Data Environments is being acquired by Berkshire Partners, a Boston-based investment firm. The Permira funds, an existing shareholder, will remain a “significant” investor alongside Berkshire.

The weak South African economy, coupled with consumers “optimising” promotional data, has led to a surprise decline in Vodacom’s service revenue in the quarter ended 31 December 2019.

Huawei’s consumer chief has dismissed US “political forces” and attempts to crimp the company’s growth, saying sales of smartphones and other devices surged by about 50% to a record $52-billion in 2018.