Amazon.com said on Wednesday it is buying MGM, the fabled US movie studio home to the James Bond franchise, for $8.5-billion, giving it a huge library of films and TV show.
Author: Agency Staff
Xiaomi’s quarterly profit beat estimates after the world’s third largest smartphone maker narrowed the gap with market leaders Samsung Electronics and Apple in shipments.
Iran has banned the power-intensive mining of cryptocurrencies like bitcoin ahead of its peak electricity demand season, after soaring consumption contributed to blackouts in major cities.
South Africa’s spy agency is beefing up its economic intelligence unit so it can play a proactive role in supporting the nation’s companies as they expand beyond their home base.
WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations coming into force on Wednesday.
Instagram is launching the option for users globally to hide like counts on posts and the change will soon roll out on Facebook.
The South African Reserve Bank is studying the benefits of issuing a digital currency for general retail purposes, it said on Tuesday, in line with several other central banks.
Eskom warned on Tuesday that if there is any further deterioration to an electricity system that is already under “severe pressure”, load shedding will follow, possibly as early as 5pm.
As bitcoin attempts its latest price rebound after a 40% slump in three days, its long-term potential as an investable asset is becoming linked inextricably to its cost for the rest of society.
ARM on Tuesday deepened its rivalry with Intel by releasing a batch of new chip technology aimed at grabbing more market share among laptop computers.