The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout.
Author: Agency Staff
Netflix co-founder Reed Hastings has stepped down as chief executive of the company that upended Hollywood.
Mailchimp said it was hacked and that customer accounts were accessed, in the second such attack in less than a year.
Microsoft plans eliminate 10 000 jobs and take a $1.2-billion charge as its cloud computing customers dissect their spending.
The most severe power cuts ever experienced in South Africa are threatening food and water supplies and disrupting the lives of millions of people.
Microsoft plans to cut thousands of jobs with some roles expected to be eliminated in human resources and engineering divisions, according to media reports.
South Africa has a plan to improve energy provision that will end the need for any power cuts within the next 12-18 months, Enoch Godongwana said.
MTN Group plans to start a dispute resolution process if talks with Ghanaian authorities over a surprise back-tax bill it received last week fail.
Ghana has granted Vodafone International Holdings approval to sell its 70% stake in Vodafone Ghana to Telecel Group.
Eskom said it would shorten power cuts from Tuesday morning, but electricity shortages look set to continue at least into 2024.