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EU tells Facebook 'patience at limit' on consumer rules

The EU has warned Facebook to bring its consumer terms in line with the bloc's rules by the end of the year or risk financial penalties.

MTN surges as Nigeria softens tone on $8.1bn claim

MTN shares rose the most in more than six months after the Nigerian central bank softened its stance over claims that Africa's biggest wireless carrier illegally transferred $8.1bn out of the country.

Tesla criminal probe into Musk tweet may open pandora's box

All it has taken to draw the US Justice Department into investigating Tesla was a single tweet by chairperson Elon Musk.

Meet the billionaire dreamer taking Musk's rocket to the moon

In a country known for conformity, Yusaku Maezawa has always sought to stand out.

Twitter sinks after analyst flags accounting 'smoke and mirrors'

Twitter shares are sliding after one Wall Street bear rang the alarm on the firm's spending, flagging “smoke and mirrors on the cost line”.

Mokonyane hits out at SABC board over job losses

Communications Minister Nomvula Mokonyane is strongly opposed to possible retrenchments at the public broadcaster.

Naspers announces MultiChoice unbundling

Naspers intends to list its Video Entertainment business separately on the JSE and to simultaneously unbundle these shares to its shareholders.

Zim's Econet said to be in talks about restructuring

Econet Wireless Zimbabwe, which has a market value of $3.1bn, has announced it's in talks that may affect its share price, urging stockholder caution when trading its securities.

Amazon investigates report employees leaked data for bribes is conducting an investigation into employees that are said to offer sellers on its e-commerce program with an advantage by providing confidential internal data and other services in exchange for a fee.

‘Please call me' talks deadlock amid funding battles

Negotiations regarding a settlement between the creator of the 'Please call me' service and Vodacom have reached a deadlock.

Apple bows to the Chinese market again with latest iPhones

Apple's latest iPhones show how even the world's largest company has to surrender to the dictates of a crucial Chinese market.

Apple touts its largest screens, cheaper models in iPhone revamp

Apple took the wraps off a renewed iPhone strategy, debuting a trio of phones that aim to spread the company's latest technology to a broader audience.

Google, Facebook dealt blow by EU lawmakers in copyright fight

Tech platforms and internet activists have protested the outcome of a European Parliament vote to back copyright rules that would help video, music and other rights holders seek compensation for use of their content online.

Trillion-dollar investors don't mind billion-dollar CEO awards

Some of the world's biggest money managers have backed two unprecedented executive awards this year, emboldening other corporate boards to make colossal bets on their CEOs.

Crypto's crash just surpassed dot-com levels as losses reach 80%

The Great Crypto Crash of 2018 looks more and more like one for the record books.

Tencent steps up share buyback in first repurchases since 2014

Tencent has bought back shares for a second day after its first repurchase in four years spurred speculation the battered internet behemoth may do more to support the stock.

Alibaba inks $2bn Russia JV with Kremlin fund,

Alibaba is setting up a $2bn joint venture with a Kremlin-backed fund and billionaire Alisher Usmanov's Group to grow its e-commerce business in Russia.

Musk scores a much-needed win with successful SpaceX launch

Space Exploration Technologies has launched a commercial satellite for Telesat from Florida, marking the rocket company's 16th mission of 2018.

WATCH: Facebook, Twitter come under US pressure to make rules clearer

The more US lawmakers learn about how Facebook and Twitter work, the more they want to know.
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