Netflix has soared past Walt Disney in market value on Thursday, taking the title of most valuable media company from the film, TV and theme-park giant. Shares of the video streaming service rose as much as 2% to
Cell C chief financial officer Tyrone Soondarjee is stepping down at the end of the month, less than a year after joining the mobile operator. On a wide-ranging call with analysts on Thursday after markets closed, Soondarjee
Elon Musk’s idea of creating a credibility rating site for journalists and media outlets seems wacky on the face of it. For one, the proposed name, Pravda, is cringe-making for a Soviet-born journalist like me. But not
The US justice department has opened a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies, dramatically ratcheting up scrutiny of red-hot markets that critics say are rife
Qualcomm plans to unveil a dedicated chip to power standalone virtual-reality and augmented-reality headsets as it seeks to break into new businesses beyond smartphones, according to people familiar with the
Bitcoin fell to a six-week low, as selloff that began in early May dropped the cryptocurrency’s price below $7 500 for the first time since mid-April. Bitcoin slumped 7.3% to $7 495 as of 1.57pm in New York
Uber Eats, the food delivery business of ride-hailing giant Uber, has acquired South African-owned restaurant technology company orderTalk in what is being billed as a significant exit for Cape Town-based venture capital investor
In this episode of the TechCentral podcast, Duncan McLeod interviews Knife Capital investment partner Keet van Zyl about the company’s big exit of investment orderTalk to Uber Eats, announced on Wednesday. Van Zyl
eMedia Holdings, which indirectly owns e.tv, OpenView HD and 24-hour news channel eNCA, has report a R1.6bn loss for the 2018 financial year, from a profit in 2017 of R160m. Revenue fell from R2.3bn to R2.2bn
The South African Social Security Agency has cancelled its tender for a service provider to handle the cash payment of welfare grants to millions of poor people, according to social development minister Susan