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China’s ByteDance prepared to divest 100% of TikTok in US

1 Aug 2020 /  Shelly Banjo and Saleha Mohsin, Bloomberg  
To attempt to head off President Trump's proposed ban on the music-video site.

South Africans push back against backyard 5G towers

1 Aug 2020 /  Kim Harrisberg, Thomson Reuters Foundation   22
Government's proposal says network operators 'have the right to enter upon and use public and private land'.

The latest electric car hurdle: What if you can’t resell it?

1 Aug 2020 /  Anjani Trivedi, Bloomberg   16
Much of the anxiety stems from batteries – the price, technology, density, and where to charge them.

Apple announces 4-1 stock split after shares surge toward $400

31 Jul 2020 /  Mark Gurman, Bloomberg  
This is the fifth stock split since Apple went public in 1980. The last split was in 2014.

Nasdaq’s $4tn rally poised to heat up on tech earnings sweep

31 Jul 2020 /  Lu Wang and Sarah Ponczek, Bloomberg  
Exchange-traded funds tracking the Nasdaq 100 jumped about 1.8% following results from Amazon.com, Facebook, Alphabet and Apple.

JSE censures and fines EOH R7.5m for past reporting errors

29 Jul 2020 /  Duncan McLeod   5
Lack of governance and oversight during the previous management's tenure resulted in irregularities and fraudulent contracts, among other things - JSE.

Huge opportunities for greater and more affordable connectivity

29 Jul 2020 /  Amanda Visser  
The Covid-19 pandemic has accelerated digitisation both locally and globally.

Google commissions subsea cable linking US and UK

28 Jul 2020 /  Thomas Seal, Bloomberg  
The cable, named Grace Hopper after the computer scientist, will also connect to Spain.

Tencent offers $2.1bn for Chinese search giant Sogou

28 Jul 2020 /  Michael Tobin and Zheping Huang, Bloomberg  
Shares of the social media heavyweight climbed as much as 4.7% Tuesday.

Twitter cryptocurrency scam echoes previous schemes on YouTube

23 Jul 2020 /  William Turton, Bloomberg  
Hackers hijacked Twitter accounts belonging to Barack Obama, Elon Musk, Joe Biden and Jeff Bezos, asking followers to send Bitcoins to their crypto wallet.

MTN Nigeria expects slight margin drop

23 Jul 2020 /  Chijioke Ohuocha, Reuters  
After FX rate shift.

Vodacom first-quarter revenue rises

23 Jul 2020 /  Nqobile Dludla, Reuters  
On strong data demand during lockdown.

eBay sells classified unit for $9.2bn

21 Jul 2020 /  Spencer Soper and Thomas Seal, Bloomberg   1
Prosus loses out.

Court takes ex-minister to task over Telkom BEE status

21 Jul 2020 /  Duncan McLeod   7
Despite setting aside the minister’s decision, the high court said judgment would not affect Telkom’s B-BBEE status.
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