Theft and power cuts hammer SA telecoms operators

Theft and power cuts hammer SA telecoms operators

Telecommunications infrastructure theft and power outages continue to hold back connectivity in South Africa, with the cost burden on mobile and fibre operators more than doubling in a year. According to communications regulator Icasa’s latest State of the ICT Sector report, published last week, the rate of telecoms equipment theft grew significantly between 2024 and…

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Netflix drops the hammer with all-cash Warner Bros bid

Netflix drops the hammer with all-cash Warner Bros bid

Dado Ruvic/Reuters Netflix has switched to an all-cash offer for Warner Bros Discovery’s studio and streaming assets without increasing the US$82.7-billion price in a bid to shut the door on Paramount’s rival efforts to snag the Hollywood giant. The new all-cash bid — at $27.75/share — has unanimous support from the Warner Bros board, according…

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Trump delivers hammer blow to US tech industry

Trump delivers hammer blow to US tech industry

US President Donald Trump. Brian Snyder/Reuters The Trump administration said on Friday it would ask companies to pay US$100 000 (R1.7-million) per year for H-1B worker visas, prompting some big tech companies to warn visa holders to stay in the US or quickly return. The change could deal a big blow to the technology sector that…

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