Mining cryptocurrencies is far too energy intensive and is consuming as much electricity as a G-20 economy, International Monetary Fund MD Christine Lagarde said. “The bitcoin mining, which is this accelerated and augmented
Author: Agency Staff
A commission of inquiry will investigate whether President Jacob Zuma played any role in the Gupta family’s alleged offer of cabinet posts to people including former deputy finance minister Mcebisi Jonas and other claims
Apple plans to release a software update that will let users disable a function that slowed down older iPhones to preserve battery life, the company said on Wednesday. The change will come as part of an iOS 11.3 software update
n a break from Brexit, British Prime Minister Theresa May takes her crusade against technology giants to Davos. “No one wants to be known as ‘the terrorists’ platform’ or the first choice app for paedophiles,” May is expected to
Google has a new sister: parent company Alphabet has announced the formation of a new subsidiary company, called Chronicle, focused on cybersecurity. Chronicle was formed in 2016 inside X, Alphabet’s experimental lab that
Qualcomm has been fined €997m by the European Union for paying Apple to shun rival chips in its iPhones. The largest maker of chips that help run smartphones “paid billions of US dollars to a key customer, Apple
The rand traded below R12/US$ on Wednesday for the first time since May 2015, extending a rally sparked by an improving domestic political environment and supported by global risk-on sentiment and the greenback’s retreat. The
Earth Day, on 22 April, might have a bit of extra significance this year. It might be the day that, for the first time, a great world city runs out of water. On that day, according to the local government of Cape Town, water in the dams
Deputy President Cyril Ramaphosa said the authorities are intensifying their attack on pervasive corruption in the state and are having “positive” discussions with investors about the future of the economy. “The wheels of change are
Uber Technologies, whose losses have piled up in the quest for growth around the world, will be profitable within three years, said CEO Dara Khosrowshahi. Bending the company’s financial trajectory out of the red