As Apple was revealing its newest products on Tuesday, one of its primary suppliers was enduring a ransomware attack from a Russian operator claiming to have stolen blueprints of the US company’s latest products.
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Netflix said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter, sending shares of the world’s largest streaming service down 11% on Tuesday.
Cell C on Tuesday reported a full-year loss to 31 December 2020 of R5.5-billion. Dire as that sounds, it marks an improvement on the first half of the year, when it turned in a R7.6-billion loss.
Apple announced a line of slim iMac computers and iPads with higher-quality video that use its own processors, as it speeds its migration away from Intel and caters to a work-from-home world.
Technology group Etion is selling its Lawtrust information security specialist subsidiary to Altron for R245-million as part of a programme to unlock shareholder value.
MTN South Africa has taken the axe to prepaid data prices, reducing the cost of 10GB of data (including another 10GB for use at certain times of the night) to R149.
Nigerian banks are only now starting to counter the emerging fintech firms riding the online wave spurred by the pandemic. They’re also deploying their political muscle with regulators.
Fans are driving dogecoin higher to mark an auspicious day, even while other cryptocurrencies continue to struggle.
Absa Group CEO Daniel Mminele has stepped down, the bank said on Tuesday, a shock departure just 15 months into his post that sent shares in one of Africa’s biggest lenders down as much as 5%.
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