Tencent’s equity bulls keep facing so many setbacks these days that you wonder when its loyal shareholders will cave.
from Fin24 Tech Tencent’s equity bulls keep facing so many setbacks these days that you wonder when its loyal shareholders will cave. https://ift.tt/2wDvLGv
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Friday, 31 August 2018
Fin24.com | Google and Mastercard cut a secret ad deal to track retail sales
For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the US.
from Fin24 Tech For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the US. https://ift.tt/2wAg8P9
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Tuesday, 28 August 2018
Fin24.com | Toyota pours $500m into Uber to mass produce self-driving vehicles
Toyota will pump about $500 million into Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday.
from Fin24 Tech Toyota will pump about $500 million into Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday. https://ift.tt/2BXzVOx
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Monday, 27 August 2018
Fin24.com | Apple to embrace iPhone X design with new colours, bigger screens
Apple is not only doubling down on the iPhone X, it’s tripling down.
from Fin24 Tech Apple is not only doubling down on the iPhone X, it’s tripling down. https://ift.tt/2Ly1xJi
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Fin24.com | Tesla buyout drama obscures progress on Musk's crucial model 3
The end of Elon Musk’s go-private-or-not saga with Tesla leaves investors back where the drama began: waiting to see if he can make more Model 3 sedans.
from Fin24 Tech The end of Elon Musk’s go-private-or-not saga with Tesla leaves investors back where the drama began: waiting to see if he can make more Model 3 sedans. https://ift.tt/2NvbPvu
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Fin24.com | Growth in internet access still driving down African business costs
Growing internet access is transforming the business landscape in African countries, including that of informal businesses.
from Fin24 Tech Growing internet access is transforming the business landscape in African countries, including that of informal businesses. https://ift.tt/2MRXs7G
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Saturday, 25 August 2018
Fin24.com | Musk ends bid to take Tesla private, cites investor concern
Elon Musk scrapped his plan to take Tesla private, a remarkable reversal more than two weeks after blindsiding employees and investors with the idea in a bombshell tweet.
from Fin24 Tech Elon Musk scrapped his plan to take Tesla private, a remarkable reversal more than two weeks after blindsiding employees and investors with the idea in a bombshell tweet. https://ift.tt/2PxMnae
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Thursday, 23 August 2018
Fin24.com | Facebook suspends 400 apps in developer data investigation
Facebook said it has investigated thousands of apps and suspended 400 of them since a developer data leak scandal broke in March.
from Fin24 Tech Facebook said it has investigated thousands of apps and suspended 400 of them since a developer data leak scandal broke in March. https://ift.tt/2OWAARW
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Fin24.com | AYO announces new chair, major changes to its board
JSE-listed technology company AYO says Salim Young has been replaced as its group chairperson.
from Fin24 Tech JSE-listed technology company AYO says Salim Young has been replaced as its group chairperson. https://ift.tt/2MtBAzS
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Fin24.com | Xiaomi delivers growth in first results
Xiaomi has delivered a 68% revenue jump and quarterly profit in its maiden financial results, as the Chinese smartphone giant made strides overseas.
from Fin24 Tech Xiaomi has delivered a 68% revenue jump and quarterly profit in its maiden financial results, as the Chinese smartphone giant made strides overseas. https://ift.tt/2OZW2p3
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Wednesday, 22 August 2018
Fin24.com | India calls for WhatsApp reforms after lynchings
India has called on WhatsApp to clamp down on fake news spread on the messaging app that has been blamed for lynchings across the vast South Asian country.
from Fin24 Tech India has called on WhatsApp to clamp down on fake news spread on the messaging app that has been blamed for lynchings across the vast South Asian country. https://ift.tt/2w5kiz1
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Tuesday, 21 August 2018
Fin24.com | Microsoft's Russian hacking revelations spur US lawmakers' ire
Microsoft’s declaration that it found and seized bogus web domains created by Russian hackers amplified calls by US lawmakers to pass legislation imposing more sanctions on Vladimir Putin’s government and his associates.
from Fin24 Tech Microsoft’s declaration that it found and seized bogus web domains created by Russian hackers amplified calls by US lawmakers to pass legislation imposing more sanctions...
Fin24.com | Facebook users try data grab as Cambridge Analytica evaporates
Facebook users who say their personal data was misused will find out whether they can squeeze more information out of a quickly evaporating company that played a role: Cambridge Analytica.
from Fin24 Tech Facebook users who say their personal data was misused will find out whether they can squeeze more information out of a quickly evaporating company that played a role: Cambridge Analytica. https://ift.tt/2vVypXF
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Monday, 20 August 2018
Fin24.com | Elon Musk says changing his way of working is not an option
Elon Musk sees no option but to keep working at his current relentless pace, no matter the deepening concerns of board members and investors about his health and stability.
from Fin24 Tech Elon Musk sees no option but to keep working at his current relentless pace, no matter the deepening concerns of board members and investors about his health and stability. https://ift.tt/2MqO0sv
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Fin24.com | Uber says its SA drivers will be 'at risk' if transport law amendments pass
The SA arm of Uber has raised concerns over proposed amendments to the National Land Transport Act, which include fines and imprisonment for operating e-hailing services without proper licenses.
from Fin24 Tech The SA arm of Uber has raised concerns over proposed amendments to the National Land Transport Act, which include fines and imprisonment for operating e-hailing services without proper licenses....
Fin24.com | Under-fire Apple removes 25 000 apps in China
Apple says it has removed many gambling-related apps from its Chinese app store as the US giant comes under scrutiny amid trade tensions between Beijing and Washington.
from Fin24 Tech Apple says it has removed many gambling-related apps from its Chinese app store as the US giant comes under scrutiny amid trade tensions between Beijing and Washington. https://ift.tt/2nUbYxA
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Fin24.com | Tesla keeps sliding on doubts Musk has the money to go private
Tesla has plunged further on Elon Musk’s acknowledgment of the hurdles standing in the way of his effort to take the company private.
from Fin24 Tech Tesla has plunged further on Elon Musk’s acknowledgment of the hurdles standing in the way of his effort to take the company private. https://ift.tt/2MZqaQH
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Fin24.com | Naspers concludes disposal of Flipkart stake for over R27bn
Naspers has concluded the disposal of its 11.18% stake in Indian commerce company Flipkart.
from Fin24 Tech Naspers has concluded the disposal of its 11.18% stake in Indian commerce company Flipkart. https://ift.tt/2Bs4knG
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Fin24.com | Tesla board torn between shareholders and CEO Elon Musk
Tesla’s board of directors is at a critical juncture, wedged between a larger-than-life figure to whom many are personally close and their larger responsibility to shareholders.
from Fin24 Tech Tesla’s board of directors is at a critical juncture, wedged between a larger-than-life figure to whom many are personally close and their larger responsibility to shareholders. https://ift.tt/2nNHQns
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Fin24.com | Grappling with tweet aftermath, Musk acknowledges exhaustion
Elon Musk has acknowledged exhaustion from overwork as he deals with the aftermath of a market-rattling tweet on taking Tesla private – a mess that worsened with reports that US regulators subpoenaed him over the statement.
from Fin24 Tech Elon Musk has acknowledged exhaustion from overwork as he deals with the aftermath of a market-rattling tweet on taking Tesla private – a mess that worsened with...
Thursday, 16 August 2018
Fin24.com | MTN said to mull sale of shares in $1bn-rated Jumia
MTN Group is exploring a sale of shares in African online retailer Jumia and values the company at as much as $1 billion, say people familiar with the matter.
from Fin24 Tech MTN Group is exploring a sale of shares in African online retailer Jumia and values the company at as much as $1 billion, say people familiar with the matter. https://ift.tt/2KYTRQ6
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Fin24.com | Naspers tumbles most in a decade as Tencent effect hits home
Tencent surprised investors with its first profit drop in at least a decade as a Chinese regulatory freeze on game approvals hurt its ability to make money off marquee titles.
from Fin24 Tech Tencent surprised investors with its first profit drop in at least a decade as a Chinese regulatory freeze on game approvals hurt its ability to make money off marquee titles. https://ift.tt/2nGJs28
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Wednesday, 15 August 2018
Fin24.com | Manyi: Afrotone Media thriving despite 'not getting much' from government
Mzwanele Manyi says "media outlets" spread a narrative which "vilified and delegitimised black owned businesses".
from Fin24 Tech Mzwanele Manyi says "media outlets" spread a narrative which "vilified and delegitimised black owned businesses". https://ift.tt/2waY2mm
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Tuesday, 14 August 2018
Fin24.com | Twitter and Amazon want to bring you more sports
Amazon.com and Twitter are exploring ways to bring more sports content to customers - including personalised notifications of live events - seeking to lure a larger number of viewers in the age of cord-cutting.
from Fin24 Tech Amazon.com and Twitter are exploring ways to bring more sports content to customers - including personalised notifications of live events - seeking to lure a larger number...
Fin24.com | Bitcoin drops below $6 000 as almost every cryptocurrency sinks
Bitcoin has dropped below $6 000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up.
from Fin24 Tech Bitcoin has dropped below $6 000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up. https://ift.tt/2w56RhH
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Fin24.com | China orders Tencent to kill game just days after its debut
Tencent has taken another hit to its gaming business, after regulators told the social media giant to remove Monster Hunter: World from its PC downloads service.
from Fin24 Tech Tencent has taken another hit to its gaming business, after regulators told the social media giant to remove Monster Hunter: World from its PC downloads service. https://ift.tt/2vEpgCs
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Fin24.com | Netflix's CFO to step down after helping to lead expansion
Netflix Chief Financial Officer David Wells will step down after eight years on the job, during which the streaming service grew into an entertainment giant.
from Fin24 Tech Netflix Chief Financial Officer David Wells will step down after eight years on the job, during which the streaming service grew into an entertainment giant. https://ift.tt/2Mt10NC
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Fin24.com | Microsoft CEO sells $36m in stock, starts trading plan
Microsoft chief executive officer Satya Nadella has sold 328 000 shares, valued at $35.9m, for financial planning reasons - and is beginning a regularly scheduled trading plan.
from Fin24 Tech Microsoft chief executive officer Satya Nadella has sold 328 000 shares, valued at $35.9m, for financial planning reasons - and is beginning a regularly scheduled trading plan. https://ift.tt/2MFFhP8
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Fin24.com | Saudi fund in talks to invest in Tesla buyout deal
Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private.
from Fin24 Tech Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private. https://ift.tt/2w4zL1p
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Fin24.com | Tesla: Musk's tweet a bridge too far?
Tesla chief executive Elon Musk got into legal hot water this week after announcing on Twitter he had sufficient financing already in hand to take the electric automaker private.
from Fin24 Tech Tesla chief executive Elon Musk got into legal hot water this week after announcing on Twitter he had sufficient financing already in hand to take the electric automaker private. https://ift.tt/2w3H8pI
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Friday, 10 August 2018
Fin24.com | How to lose $3 billion of Bitcoin in India
Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is crypto-trading Gujarat-style.
from Fin24 Tech Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is crypto-trading Gujarat-style. https://ift.tt/2vyHDc2
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Wednesday, 8 August 2018
Fin24.com | Bitcoin tumbles below $6 500 on delayed decision on ETF
The 2018 selloff in cryptocurrencies plumbed new depths after the US Securities and Exchange Commission dented enthusiasts’ hopes for an exchange-traded fund backed by Bitcoin.
from Fin24 Tech The 2018 selloff in cryptocurrencies plumbed new depths after the US Securities and Exchange Commission dented enthusiasts’ hopes for an exchange-traded fund backed by Bitcoin. https://ift.tt/2Md0iUg
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Tuesday, 7 August 2018
Fin24.com | Musk mulls taking Tesla private, valuing company at $82 billion
Elon Musk said he’s considering taking Tesla private in a radical step that would ease pressure on the money-losing automaker.
from Fin24 Tech Elon Musk said he’s considering taking Tesla private in a radical step that would ease pressure on the money-losing automaker. https://ift.tt/2ANhUSs
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Fin24.com | Forget Apple, Goldman says, flagging new $1trn for S&P 500
Investors have fixated on one 13-digit milestone, Apple’s value. But another trillion-dollar threshold is in sight and is more relevant to the bull market in US equities.
from Fin24 Tech Investors have fixated on one 13-digit milestone, Apple’s value. But another trillion-dollar threshold is in sight and is more relevant to the bull market in US equities. https://ift.tt/2APTEPt
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Fin24.com | Facebook asks big banks to share customer details
Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform, a banking source told AFP on Monday.
from Fin24 Tech Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform, a banking source told AFP on Monday. https://ift.tt/2M3sKIp
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Monday, 6 August 2018
Fin24.com | Elon Musk concedes: Norwegians are right to be upset with Tesla
"I've had the car for eight months and it ran fine for four days," says Yngve Solberg, who like many Norwegians is fed up with the slew of problems his Tesla X has given him.
from Fin24 Tech "I've had the car for eight months and it ran fine for four days," says Yngve Solberg, who like many Norwegians is fed up with the slew of problems his Tesla X has given him. https://ift.tt/2ON49Ge
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Sunday, 5 August 2018
Fin24.com | IPhone chipmaker races to recover after crippling computer virus
A company that makes chips for the iPhone and other devices has detailed its progress in recovering from a debilitating computer virus.
from Fin24 Tech A company that makes chips for the iPhone and other devices has detailed its progress in recovering from a debilitating computer virus. https://ift.tt/2M95B78
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Friday, 3 August 2018
Fin24.com | WATCH: 1985 investor gushes as Apple becomes first US firm to hit $1trn in value
Patience has paid off for Apple shareholders who bought shares in 1985 and endured a near-bankruptcy and the death of founder Steve Jobs, with the tech giant becoming the first US-based company to reach $1 trillion in market value.
from Fin24 Tech Patience has paid off for Apple shareholders who bought shares in 1985 and endured a near-bankruptcy and the death of founder Steve Jobs, with the tech...
Thursday, 2 August 2018
Fin24.com | Google’s secret China project sparks anger among workers
Google staff has awoken to surprising news: Their company is working on a search app tailored, and censored, for China.
from Fin24 Tech Google staff has awoken to surprising news: Their company is working on a search app tailored, and censored, for China. https://ift.tt/2LQ2p1f
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Fin24.com | Tencent's stock price just keeps on tumbling
Tencent’s stock price just keeps on tumbling, putting analysts’ still bullish price targets increasingly out of reach.
from Fin24 Tech Tencent’s stock price just keeps on tumbling, putting analysts’ still bullish price targets increasingly out of reach. https://ift.tt/2AA1CvP
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Fin24.com | Facebook, Instagram to introduce time-management tools
Do you worry that you, or your children, spend too much time on social media? Facebook and Instagram on say they want to help you take control.
from Fin24 Tech Do you worry that you, or your children, spend too much time on social media? Facebook and Instagram on say they want to help you take control. https://ift.tt/2Kj6khd
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Wednesday, 1 August 2018
Fin24.com | Trump's tariffs push electronics from China to Southeast Asia
Electronics makers are preparing to shift more production to Southeast Asia as trade tensions with the US make it less appealing to manufacture gadgets in China.
from Fin24 Tech Electronics makers are preparing to shift more production to Southeast Asia as trade tensions with the US make it less appealing to manufacture gadgets in China. https://ift.tt/2KgJIhz
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