Generation fell 8.1% in June to the weakest reading in seven years, while Eskom’s fleet ran better than at any point since 2017.
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A rand stablecoin built for corporate treasuries has been launched just as Pretoria moves to fence those treasuries off.
The rules meant to stop capital leaving have accelerated it, says the co-founder of the country’s first rand stablecoin.
Customer quiet-quitting is the bill for shortcuts taken years ago. By the time it shows up in the numbers, they have already gone.
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OpenAI would be interested in buying Google’s Chrome in the event the Alphabet unit to sell the web browser.
Intel is poised to announce plans this week to cut more than 20% of its workforce, a source has said.
ERP, sales and accounting systems will accommodate increase and reversal easily, but business operations will suffer.
Economic gains from AI will boost global output by around 0.5%/year between 2025 and 2030, the IMF said.
Chinese car maker Chery is making a big entry into the hybrid vehicle market.
The US, the world’s former champion of free trade and globalisation, has become its biggest challenger.
World News
The platform for central bank digital currencies will enable transactions between countries, the IMF said.
Elon Musk said that he bought Twitter because the social network was having a “corrosive effect” on society that he hoped to improve.
A Twitter video app for smart TVs is in the social media company’s plans, owner Elon Musk said.
The outages that affected certain Microsoft services were the result of cyberattacks.
Unlike bitcoin, Facebook’s aim with GlobalCoin is not to bring down the established financial system, but to co-opt it.
For Elon Musk and Tesla, the blows from Wall Street came one after another this week – a relentless barrage that left the stock so beaten up that some now wonder if it can ever regain its status as the ultimate 21st century disrupter.
