Key South African data released this week suggests a record economic contraction in the second quarter as the damage wrought by a nationwide lockdown becomes clear.
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Apple is readying a series of bundles that will let customers subscribe to several of the company’s digital services at a lower monthly price, according to people with knowledge of the effort.
Eskom will continue implementing rotational blackouts on Friday as it struggles with electricity generation problems at several of its plants.
Intel on Thursday disclosed a new method for making transistors on semiconductors that its chief architect said could boost the performance Intel’s next round of processors by as much as 20%.
Eskom implemented rotational blackouts on Thursday after it failed to return power generation units to the grid and after additional breakdowns overnight.
President Cyril Ramaphosa is preparing to ease lockdown restrictions, including the possible scrapping of an alcohol sales ban, according to people familiar with the matter.
Eskom on Wednesday warned that rotational blackouts could return at any moment as its struggled to meet demand for electricity with 11GW in unplanned breakdowns in its generation fleet.
Chinese gaming and social media giant Tencent said second quarter net profit rose 37%, beating market estimates, on higher demand for its videogames as coronavirus-related lockdowns kept people indoors.
Bitcoin’s recent run higher has brought out a lot of old predictions – and some new ones – about the future of crypto prices.
Revenues for African e-commerce heavyweight Jumia slid by 10% in the second quarter, dashing hopes that lockdowns aimed at stemming the spread of the Covid-19 would lead to a flood of online orders.