TechCentral

• Naspers, Prosus shares plunge on China edtech crackdown 26th Jul 2021
  Technology investor Prosus and sister company Naspers fell sharply in Amsterdam and Johannesburg trading after China’s move to place restrictions on the country’s education-technology sector.
  Agency Staff
• Stefanutti Stocks moves cloud seamlessly back home 26th Jul 2021
  Promoted | Construction giant migrates cloud back to South Africa for flexibility to run, manage and scale without latency or access concerns.
  Routed
• Mango to be placed into business rescue 26th Jul 2021
  South African Airways subsidiary Mango Airlines will enter into business rescue, SAA's interim CEO, Thomas Kgokolo, told the eNCA television news channel on Monday.
  Agency Staff
• Telkom to pay R20-million in retention bonuses to CEO Maseko 26th Jul 2021
  Telkom has disclosed in its integrated report, published on Monday, that it will pay its outgoing group CEO R20-million to retain his services for the two years between March 2020 and March 2022.
  Duncan McLeod
• Bitcoin leaps 12% to test recent peaks 26th Jul 2021
  Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week.
  Agency Staff

Advanced Television

• Court OKs Canal+ beIN contract break 26th Jul 2021
  The Tribunal de Commerce de Nanterre (Nanterre Commercial Court) has authorised Canal+ to suspend the sublicensing contract with beIN Sports and to interrupt its payments for the broadcasting of two French top-flight Ligue 1 football matches. The court said, nevertheless, that these payments should resume if the Qatari channel were to sue the Professional Football […]
  Colin Mann
• Forecast: Ecommerce, online video to fuel global adspend recovery 26th Jul 2021
  Global advertising expenditure will grow 11.2 per cent in 2021, driven by exceptional demand for performance-led ecommerce advertising and brand advertising on online video, according to Zenith’s latest Advertising Expenditure Forecasts report. Advertising expenditure will total $669 billion (€569bn) this year, $40 billion more than was spent before the pandemic in 2019. Growth in advertising […]
  Colin Mann
• Forecast: Global Smart TV ownership to top 50% by 2026 26th Jul 2021
  Strategy Analytics reports that more than 665 million homes worldwide owned a Smart TV at the end of 2020. This equates to 34 per cent of global households, a figure that is set to rise to 51 per cent by 2026 when Smart TV ownership will reach 1.1 billion homes. Sales of Smart TVs grew […]
  Editor

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