Elon Musk has backed himself into a corner with Tesla’s most crucial car. Some would-be customers have waited almost three years to take delivery of the Model 3,
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DJI has unearthed cases of fraud involving its own employees that may trigger losses of about $150-million for the world’s largest drone maker.
As crypto assets such as bitcoin continue to enjoy popularity among speculative investors, the South African Reserve Bank has kick-started the process for “light regulation” of these products.
South Africa is considering doubling the amount of electricity it plans to buy from a proposed multibillion-dollar hydro power plant in the Democratic Republic of Congo.
Google is to take over part of fashion firm Fossil’s smartwatch technology in a $40-million deal to bolster its wearable efforts.
Tesla is to cut its workforce by about 7% after a difficult year for the electric car maker. “The road ahead is very difficult,” the company’s founder and CEO Elon Musk said in an e-mail to employees.
A bug on Twitter exposed the tweets of some Android users who chose to keep their accounts private for more than four years, the social network has revealed.
Helios Towers, which earlier this week announced its entry into the South African market in a joint venture with Vulatel, said on Friday that is has acquired a controlling stake in SA Towers.
Nothing Netflix tells investors helps them confidently predict that this grow-now-and-pay-later strategy will pay off. You either believe it, or you don’t.
Netflix’s Bird Box, You and other new programmes helped attract millions more subscribers to the streaming service last quarter. But slower sales growth disappointed investors riding high on a 50% stock gain in recent weeks.