Government is reviving a so-called energy “war room” to tackle the nation’s electricity crisis, as it brought forward the date when the incoming CEO of the state power utility will start work.
Author: Agency Staff
Cabinet has mandated public enterprises minister Pravin Gordhan to engage the newly appointed Eskom chief executive, André de Ruyter, on the possibility on commencing in the role earlier than anticipated.
The probability of load shedding is low this week, despite a constrained and vulnerable system, Eskom said on Tuesday.
Intel has bought Habana Labs, an Israeli start-up that develops chips for artificial intelligence applications, for about $2-billion to bolster its efforts in the fast-growing market for AI silicon.
Bitcoin dropped below $7 000 for the first time since November, with the sell-off pushing the cryptocurrency to its lowest level since May.
Google’s idealistic history increases the burden on its executives to bring along reluctant employees as it adopts more conventional corporate practices. It’s not going to be easy as tensions boil over.
China’s ambassador threatened Germany with retaliation if it excludes Huawei Technologies as a supplier of 5G wireless equipment, citing the millions of vehicles German car makers sell in China.
US President Donald Trump signed off on a phase-one trade deal with China, averting the 15 December introduction of a new wave of US tariffs on about $160-billion of consumer goods from the Asian nation.
Oracle executive chairman Larry Ellison said the software giant won’t hire a second CEO to run the business alongside Safra Catz, deciding not to replace the late Mark Hurd.
Adobe reported sales that topped Wall Street estimates, signalling strong demand for the company’s creative and marketing software.