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[TOP STORY] Is Tesla overpriced relative to other car companies?

27 Jan 2021 /  Simon Brown   3
‘If Tesla gets self-driving right, I think that is something that could justify this kind of price' - Viv Govender of Rand Swiss.

UK data watchdog says millions have stopped using WhatsApp

27 Jan 2021 /  Anthony Aarons and Stephanie Bodoni, Bloomberg   2
'Users expect companies to maintain their trust and not to suddenly change the contract that they have with the users.' Elizabeth Denham said

TikTok owner’s sales doubled to $35bn despite US ban

27 Jan 2021 /  Bloomberg News   
Company managed to grow operating profit to roughly $7bn in 2020 from less than $4 billion the prior year

World’s richest men, Musk and Bezos, fight over satellite fleets

27 Jan 2021 /  Todd Shields, Bloomberg   2
SpaceX asks the Federal Communications Commission for permission to operate Starlink communications satellites at a lower orbit.

Ant IPO could resume once issues resolved, central bank says

26 Jan 2021 /  Bloomberg News  
Offering some relief to global investors seeking signs on what the future holds for the world’s largest fintech giant.

How AI is helping retailers reinvent themselves

26 Jan 2021 /  Ciaran Ryan   1
More people are shopping online, but that’s not all. Informal traders are picking up business too.

No Flash? No problem! Sars releases its own web browser

26 Jan 2021 /  Duncan McLeod   9
The is meant as a stopgap measure until Sars can move to more modern HTML5 technology in all of its forms.

Tencent tumbles after stock approached $1tr valuation

26 Jan 2021 /  Sofia Horta e Costa, Bloomberg  
Chinese Internet behemoth loses as much as 5.5% in Hong Kong on Tuesday.

Apple faces Italian suit over iPhones that wear out too quickly

25 Jan 2021 /  Stephanie Bodoni, Bloomberg  
Seeking compensation over misleading claims about the battery life of older iPhones.

Tencent’s $232bn rally triggers frenzy in shares, options

25 Jan 2021 /  Sofia Horta e Costa and Jeanny Yu, Bloomberg  
The stock rallied as much as 10% on Monday to HK$760.

Where the money ‘will be made’ in 2021

25 Jan 2021 /  Adriaan Kruger   16
Will local stocks follow what is expected from US markets?

Tencent seeks $6bn loan after deals – sources

22 Jan 2021 /  Jacqueline Poh and Apple Lam, Bloomberg  
It would mark a flurry of potential debt financings by tech giants.

Elon Musk says he will give $100m for carbon capture prize

22 Jan 2021 /  Devon Pendleton, Bloomberg   1
Musk’s focus on carbon capture is in line with his other business interests.

Aerobotics raises R250m in Naspers-led funding round

20 Jan 2021 /  TechCentral   1
Less than a year after Naspers said it would invest R100m in Aerobotics through its Naspers Foundry.

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