Internet

Why smartphone gambling is on the up among African millennials

When one talks about young Africans using smartphones, the dominant narrative is that these gadgets serve mostly as platforms for connection so that users can communicate and share greetings and information via text and images. ...

Business

Facebook CEO to appear before Congress on currency plan

Facebook CEO Mark Zuckerberg will appear before Congress this month as the tech giant is under pressure from lawmakers and regulators over its massive market power and record of privacy breaches.

Business

Hard landing for SoftBank? WeWork woes raise questions

SoftBank Group CEO Masayoshi Son is no stranger to controversy, but a meltdown at WeWork has sparked pointed questions about whether his enormous investments and futuristic pronouncements are more style than substance.

Business

Facebook-backed Libra group pledges to 'reassure' regulators

The head of the Libra Association, created by Facebook to launch its new cryptocurrency, said Thursday the project's leaders would aim to "reassure" regulators who have voiced mounting concern over the virtual money.

Business

Stormclouds gather for Facebook's Libra currency

International outcry is mounting over Facebook's Libra—with central banks, governments and regulators railing against the social media giant's upstart cryptocurrency.

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