Africa’s largest start-up is fighting allegations of financial impropriety and personnel harassment from Lagos to Nairobi.
Author: Agency Staff
Walt Disney Co edged past Netflix with a total of 221 million streaming customers and announced it will increase prices for US customers.
Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year.
African e-commerce firm Jumia Technologies said it was past peak losses, driving its shares up 16% despite a wider quarterly loss.
China’s top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry.
Elon Musk sold $6.9-billion of his shares in Tesla, his biggest sale on record, saying he needed cash in case he is forced to buy Twitter.
African start-ups are expanding into Europe and other parts of the world, betting on providing more affordable services with a growing tech talent pool.
Nvidia warned its second quarter revenue would drop by 19% on weakness in its gaming business, sending the chip designer’s shares tumbling.
Ethereum co-founder Vitalik Buterin said the blockchain’s software transition is unlikely to be significantly impacted even if miners continue to use the Ethereum Classic chain.
Karpowership said its appeal to overturn an environmental ruling has failed in another blow to South Africa’s attempts to resolve its power crisis.