The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to 2021 revenue for the world’s car makers to $210-billion.
Author: Agency Staff
Mike Schroepfer, a 13-year veteran who oversees the social network’s work in artificial intelligence, virtual reality and the blockchain, will step down next year.
Commonwealth Bank of Australia, the country’s largest lender, has accused Apple of uncompetitive behaviour over control of payments on its phones.
Jubilant SAA staff at the country’s biggest airport broke into song and dance on Thursday as the airline took to the skies for the first time in a year.
Apple has blacklisted Fortnite from the iPhone maker’s popular App Store for several years until all the court appeals are done, Epic Games CEO Tim Sweeney said on Wednesday.
The amount of time it’s taking for chip-starved companies to get orders filled stretched to 21 weeks in August.
A court case filed by a losing bidder in South Africa’s emergency power programme threatens to delay the provision of the electricity by months.
South Africa is forging ahead with plans for a new, 2.5GW nuclear power plant in a bid to boost energy security and wants to end the procurement process by 2024.
Namibia’s biggest mobile operator MTC plans to raise N$3.1-billion in a November listing, as the government seeks to fund its social programmes and cut debt.
Bitcoin extended losses on Tuesday, falling to the lowest level since August after a global selloff in riskier assets.