Bitcoin rebounded after a brief selloff late on Wednesday, sparked by news that Tesla had sold about 75% of its holdings of the virtual token.
Author: Agency Staff
Eskom faces increased financial pressure from lower than anticipated tariffs, rising diesel costs and the impact of labour disruptions, S&P Global said.
Netflix has averted its own worst-case scenario of subscriber losses, posting a nearly one million drop from April to June.
Twitter can fast-track its lawsuit against billionaire Elon Musk over his cancelled $44-billion buyout of the social media platform.
Slack will increase prices for its platform, its first price hike since its 2014 launch, as the company seeks to invest more in innovation.
Twitter has dismissed Elon Musk’s complaints that he doesn’t have enough information about spam and robot accounts as an “irrelevant sideshow”.
Apple is the latest major technology company to rein in hiring and spending plans over fears about a US recession in the coming months.
Netflix broke Hollywood’s rules to create an $82-billion global streaming colossus. Now, as growth slows, it is looking backwards for a way forward.
Bitcoin has rallied, trading above $22 000 for the first time since 8 June. Ether and other cryptocurrencies also spiking higher.
Vodafone New Zealand is selling its mobile phone tower assets to investment firms for NZ$1.7-billion, or about R17.9-billion.