Losses widen 700% at Ellies

The company says it lost revenue and wrote down assets due to Covid-19

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Mobile operators suggest payment plan for spectrum auctions

As some networks may not have cash on hand, instalment payments should be made available as an incentive to operators

Alviva hopeful about new businesses after profit hit

The tech group’s shares rally as it looks to its new acquisitions to contribute to its bottom line

Dimension Data group now operating under one name

The technology group is retiring its Britehouse, Internet Solutions and ContinuitySA brands

TikTok allays fears in Australia over links to communist party

130 members of parent company ByteDance senior management are members of the Chinese Communist Party

FNB Connect to woo premium customers

The operator loses about a fifth of its subscribers but has taken in more high-value users

Cartrack expects profit lift despite Covid-19

The pandemic disrupted installations, but the group says there was still demand for its tracking technology

Trump’s dubious promise of 25,000 new US jobs for TikTok

The lofty hiring target will be tough to justify, experts say, and would need huge revenue growth at TikTok when it faces many global challenges

Alaris considers international listing

Pandemic delays antenna specialist’s projects and disrupts shipments

Telkom leapfrogs Cell C to claim No 3 mobile place

Decline in fixed-line voice revenue offsets growth in telecom group’s cellphone business

US judge bars Trump administration’s move against WeChat downloads

US commerce department had issued order affecting Apple and Google citing national security grounds

UK’s tardiness in booting up robotics sector could bring pain

Britain is getting left behind as Covid-19 and Brexit hamper progress

Bytedance wants $60bn valuation for TikTok

Trump signals his approval as Oracle and Walmart take stakes in TikTok Global

Competition for lovers of luxury puts Instagram’s Reels in ring with TikTok

Instagram is betting its new Reels feature can help it stay relevant to sellers of the hottest handbags, shoes and watches

Liberty’s Stash app has R110m invested so far

‘SA’s savings culture is just abysmal’, says Glenn Grimley, and Liberty is on a mission to get more people into the habit of saving

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.