Xiaomi delivered a 68% revenue jump and quarterly profit in its maiden earnings report, as the Chinese smartphone giant made strides overseas while fending off a challenge from local rivals such as Oppo.
A backlash against the app stores of Apple and Google is gaining steam, with a growing number of companies saying the tech giants are collecting too high a tax for connecting consumers to developers’ wares.
South African inflation accelerated to the highest level in 10 months in July, driven by higher fuel prices.
A day after falling 8% on the back of interim results published by Cell C, Blue Label Telecoms shares again took a battering on Wednesday after the group published full-year results.
Once upon a time, Facebook allowed academic researchers access to its data. We know how that story ends: with the Cambridge Analytica scandal.
Bitcoin jumped more than 5% in the span of a few minutes on Wednesday, pacing a rally in cryptocurrencies as market watchers cited potential short covering for the move.
Shares in Blue Label Telecoms, which owns 45% of Cell C, fell by 8% on Tuesday after the mobile operator reported half-year results to 30 June 2018 that showed a net loss after tax of R645-million.
Cell C is planning a share sale in Johannesburg by the first quarter of 2020 as South Africa’s third largest wireless company seeks funds for acquisitions.
Microsoft has warned that cyber-attackers linked to the Russian military are once again targeting American political groups, in a potential attempt to manipulate and disrupt the US midterm elections in November.
About 2.5 million people have browsed through the Black catalogue to date, Cell C said of its video entertainment platform on Tuesday alongside its half-year results to 30 June 2018.