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.
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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.
Johannesburg has joined Cape Town in opposing plans by Eskom to raise electricity costs by more than three times the current inflation rate.
Promoted | Revix CEO Sean Sanders returns to the podcast to offer his predictions for the world of cryptocurrencies in 2022.
Promoted | The digital asset trading platform will exit the cryptocurrency arbitrage business at the end of January.
Promoted | Last year will go down as the year of mass adoption and the beginning of institutional interest in crypto.
Exclusive | Several former executives at Dimension Data are caught up in a fraud scandal following a forensic probe into the December 2019 sale of The Campus.
Global media player Aleph Group has acquired Ad Dynamo, a Cape Town-based digital media sales business backed by Remgro’s Invenfin.