Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares.
Author: Agency Staff
Elon Musk became Twitter’s owner on Thursday, in the process firing top executives, including CEO Parag Agrawal.
Investors are losing patience over Meta Plaforms CEO Mark Zuckerberg’s enormous and experimental bets on his metaverse project.
Twitter shares will be suspended from trading as Elon Musk faces a 28 October deadline to close his deal to buy the social media company.
A former CEO of Eskom appeared in court on charges related to more than R2-billion of irregular contracts to build a coal-fired plant.
Twitter is struggling to keep its most active users, who are vital to the business, engaged, according to internal research documents.
Government will impose below-inflation wage increases on its 1.3 million workers, setting it on a collision course with trade unions.
Microsoft projected second quarter revenue below Wall Street targets across its business units.
Nigerians’ passion for cryptocurrencies doesn’t extend to the central bank offering.
Apple plans to set up solar and wind projects and has called on its suppliers to decarbonise their operations.