Eskom plans to reduce its output of coal-fired power by between 8GW and 10GW through plant closures over the next decade, a cut that amounts to up to 30% of its current capacity.
Author: Agency Staff
Chinese gaming and social media giant Tencent Holdings posted a 29% rise in second quarter profit, a slower pace of growth after the coronavirus pandemic led to a boom in online gaming last year.
Huawei Technologies’ chairman has said that although US sanctions have choked its smartphone business, it will not give up and plans to eventually return to the industry’s “throne”.
President Xi Jinping put China’s wealthiest citizens on notice on Tuesday, offering an outline for “common prosperity” that includes income regulation and redistribution, according to state media reports.
Billionaire Richard Li’s streaming business is on a roll, mulling a potential initial public offering after its platform Viu beat Netflix in subscribers in one of Asia’s most competitive markets.
Scientists have yet to start a fusion reaction that sustainably produces more energy than it uses. But excitement has grown as government and private plans move closer to the “net-energy gain” threshold.
Chinese regulators on Tuesday issued a lengthy set of draft regulations for the Internet sector, banning unfair competition and restricting the use of user data.
A little-known digital token linked to the cardano blockchain has just become the third-largest virtual currency in the world as network developers look to ride the boom in decentralised finance.
For most of the 13-year life of cryptocurrencies, exchanges were the epicentre for cyberheists. Now, a bigger hacking risk in the growing sector has exploded into view: peer-to-peer crypto platforms.
Eskom has denied a media report that the company is actively recruiting new employees, saying it is “not hiring any new staff” and that there is “no recruitment drive”.