Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric car maker’s backing of bitcoin could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.
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Eskom said on Wednesday that it will implement stage-3 rotational load shedding with effect from 1pm, a dramatic escalation in the rolling blackouts that are paralysing the economy.
Apple has partnered with Taiwan Semiconductor Manufacturing Co to develop micro OLED displays, which it plans to use in its upcoming augmented reality devices, according to a report.
Wet coal aside, Eskom’s immediate outlook for its available generation capacity is much improved from a month ago. However, the longer-term outlook does not look encouraging.
MTN Group said on Tuesday that it has agreed to sell its 20% shareholding in BICS – formerly Belgacom International Carrier Services – to Proximus Group in a transaction worth R1.8-billion.
Elon Musk’s decision to invest US$1.5-billion of Tesla’s cash in bitcoin is financial dynamite that unites two speculative bubbles. There’s plenty to suggest the move is inadvisable
Apple’s iPhone 12 mini sales are a tiny fraction of overall sales, indicating signs of muted demand for the new, smaller version of its flagship device and a demand among consumers for bigger handsets.
Load shedding is back, this time in the middle of the week, as Eskom struggles with supply problems. The power interruptions are set to start at 10pm on Tuesday and will run until 5am on Wednesday.
TSMC said on Tuesday it would raise nearly $9-billion from the debt markets to help fund expansion and spend around $178-million to open a Japanese material research subsidiary.
Apple has a “clear opportunity” to offer a buying and selling mechanism for cryptocurrencies, according to a research report on Monday from RBC Capital Markets.