By the end of Netflix’s 45-minute earnings interview on Thursday, its stock was down more than 20% and a pall had been cast over the entertainment industry.
Author: Agency Staff
Intel plans to spend $20-billion on a chip-making hub that the company expects to grow to be the world’s biggest silicon manufacturing site.
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20%.
Comparisons presented by Eskom to show that its tariffs are low compared to those in many other countries were met with scepticism on Thursday.
We are fast approaching a moment of truth for central banks’ ability to get a grip on their role in our crypto future.
A couple of high-profile takeovers of videogame companies has stirred optimism that acquisitions will help technology stocks recover. That sentiment may be premature.
Oracle opened a data centre in South Africa on Wednesday to provide local cloud services across Africa for the first time.
Airlines across the world are adjusting and cancelling flights over fears that a 5G roll-out could interfere with key safety systems.
Huawei has obtained a licence in China that allows it to seek external capital, as it works to shore up its supply of silicon chips in the face of US pressure.
Microsoft’s pitch, as with its other large gaming deals, heavily leveraged gaming chief Phil Spencer’s decades-long industry experience.