South Africa’s debt-stricken power utility Eskom has begun a process to offer managers voluntary severance packages. The board allocated a budget of R400-million to the plan.
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Spain had seen no reason to cancel the event on health grounds, deputy Prime Minister and economy minister Nadia Calvino said in an interview on Thursday.
Jeff Bezos is on a shopping spree befitting the world’s richest man. The Amazon.com founder agreed to pay $165-million for a Beverly Hills mansion, according to a person with knowledge of the matter.
US treasury secretary Steven Mnuchin said on Wednesday that the US soon will announce new regulations related to crytocurrency and digital payment systems.
Essential Products, a smartphone start-up founded by Android creator Andy Rubin, has shut down. The company said it “made the difficult decision to cease operations”.
The wireless industry scrapped its biggest annual showcase after the coronavirus outbreak sparked an exodus of participants, roiling telecommunications companies just as they’re preparing to roll out new 5G services.
Messaging platform WhatsApp has surpassed two billion active users. The encrypted messaging service, founded in 2009, was bought by Facebook for $19-billion in 2014.
Samsung Electronics is starting a new decade with a new chief in charge of its mobile business, but it’s doing it in the same old fashion: by leaning into its semiconductor advantage to overwhelm consumers with unmatched specs.
Due to some improvement in the power system, Eskom will not implement any load shedding on Wednesday, the state-owned power utility said.
Intel has become the latest high-profile technology company to withdraw from upcoming trade show Mobile World Congress over concerns about the spread of coronavirus.