Elon Musk has secured a $46.5-billion financing commitment to acquire Twitter and is considering starting a tender offer for its outstanding shares.

Elon Musk wants to transform Twitter into a platform for free speech with few restrictions. But Musk, who is famously sensitive to criticism, has a mixed record on championing the cause.

Google’s giant new submarine cable, Equiano, which will connect South Africa and Europe along Africa’s west coast, has been brought ashore in Nigeria.

Eskom said it remains on track to end load shedding by the weekend, and is hopeful that there won’t be any rolling power cuts next week.

The rand extended its week’s losses on Thursday, as severe power cuts and deadly floods weighed on the economic growth outlook.

The collapse of Netflix shares on Wednesday is the latest drastic sign that investors are abandoning streaming services and other pandemic winners.

With Tesla’s strong quarterly report on Wednesday, CEO Elon Musk has scored a hat trick of performance goals worth a combined $23-billion in new compensation. 

Netflix’s revelation that it will introduce advertisements was met with a mix of shock, cheers and scepticism from the advertising community.

Eskom CEO André de Ruyter has dismissed any suggestion that the South African power grid is in immediate danger of a total system blackout.

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