Eskom’s own mishandling of a repair contract led to the closure of its Camden power plant, a move that worsened power cuts by South Africa’s near-monopoly electricity provider, the company said.
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Zimbabwe’s police have accused Econet Wireless, the country’s dominant mobile phone company, of money laundering, demanded a list of its subscribers and issued a search warrant against it.
Twitter said several of its employees were manipulated by hackers into providing credentials for internal systems, and 130 Twitter accounts were targeted including those of Joe Biden, Elon Musk and Jeff Bezos.
Another South African is making headlines in the US. Pierre Naudé is the CEO of the global fintech company nCino, which listed on the Nasdaq stock exchange on Tuesday.
Prosus handed in the highest offer for eBay’s classifieds unit, putting the Naspers-owned business in pole position to win one of the largest auction processes this year.
Rain, the first telecommunications operator in South Africa to launch a commercial 5G network, said on Friday that it is expanding the network to cover the country’s second largest city.
Twitter disclosed late on Thursday that hackers targeted about 130 accounts during the cyberattack this week, an incident in which profiles of many prominent people were compromised.
Netflix on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings.
Primedia will retrench an unspecified number of employees as it struggles to deal with the impact of the Covid-19 lockdown, the challenging economic environment and rapid technological change.
As Twitter grapples with the worst-ever security breach, it must now uncover whether its employees were victims of sophisticated phishing or if they deliberately allowed hackers to access high-profile accounts.