Netflix stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video-streaming service has become an investment bubble. The shares plunged as much as 15%.
It’s been a hallmark of the tech bull run. If you want to play, be prepared for some awful days. That proved true again on Monday as the group’s highest flyers led the way down in the market’s worst day since April
Netflix is making significant inroads in South Africa, disrupting pay-television behemoth MultiChoice by providing a cheaper, more convenient and non-linear way of watching TV content. The streaming content provider is drawing
Vodacom Group has cut its dividend and reported earnings that missed estimates as Africa’s biggest wireless carrier by market value absorbed the acquisition of a stake in Kenya’s Safaricom and expanded its network