Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by
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HTC is exploring its options. That’s exactly what the former smartphone high flyer should be doing. An adviser has been engaged and the Taiwan manufacturer is considering bringing in a strategic investor. A full or partial
There’s only one stock in Asia that’s really mattered this year – Tencent Holdings, in which South Africa’s Naspers has a 33.2% stake. A 76% surge in its Hong Kong shares has lifted the company’s value by US$175bn (R2.3 trillion
Alibaba and Tencent can count themselves among the world’s costliest technology companies after a stellar run. To justify those lofty valuations, China’s two largest corporations have to deliver on some of the riskiest bets they’ve
Alibaba Group chairman Jack Ma said society should prepare for decades of pain as the Internet disrupts the economy. The world must change education systems and establish how to work
Tencent Holdings’ messaging services were by far the most popular Chinese mobile apps in 2016, leading steady growth in the world’s largest Internet and smartphone market, the government’s online industry overseers said on Sunday. WeChat remained the most
Yahoo, or rather what will be left of it once it has sold its operational Internet assets to Verizon Communications in a $4,8bn deal, will change its name to the rather obscure Altaba, the US company said in a regulatory filing
US President-elect Donald Trump made the vilification of China a key plank of his stormy campaign. Yet its technology giants are already figuring out how they can profit off his victorious White House bid
Kalido, a South African-developed smartphone app that helps people meet talented individuals around them and which its backers believe has the potential to be the next big global social network, has revealed that it has raised
Tencent Holdings, in which South African media and technology group Naspers holds a 34%, posted a second quarter profit that beat analysts’ expectations as the company lined up more mobile games and media