The company’s shares fell another 12% on Wednesday, dropping well below their $135 IPO price.
Top News
New Reunert CEO Anthonie de Beer is holding onto the cable business through the cycle and leaning on technology.
Discovery is measuring the gains from agentic coding tools while fencing in what they can do.
Koray Kavukcuoglu inherits day-to-day control, with Cloud leaders expecting a more product-led Google Gemini.
More News
The neural network technology reads vital signs continuously to flag risk before it becomes otherwise detectable.
Barring South African companies from moving crypto assets across the country’s borders will backfire, VALR has warned.
South Africa does not appear among the economies with a national AI strategy in a flagship new World Bank report.
Moment’s total funding has reached $55-million as third-party clients begin diluting its early reliance on MultiChoice.
Canal+ has acquired the exclusive rights to all Uefa men’s club competitions in sub-Saharan Africa until 2031.
China’s securities regulator cleared Shein’s listing in July after failed attempts in New York and London.
World News
The safety feature reaches South Africa before year-end amid lawsuits and regulatory scrutiny over AI chatbots.
The company suffered a steeper one-day fall than during the 1987 Black Monday crash.
OpenAI will reportedly launch a portable, screen-free smart speaker as its first consumer hardware product.
Stripe and private equity firm Advent have made a joint offer to acquire PayPal Holdings, according to sources.
