Stafford Masie Four of Africa Bitcoin Corporation’s six directors, including chair Norma Sephuma and interim CEO Stafford Masie, have resigned after a shareholder group led by WGW Capital moved to have them voted off the board. The JSE-listed bitcoin treasury company is left with two directors. In a stock exchange announcement on Monday, the company…
Toluna, a global leader in consumer insights and market research technology, today announces a planned leadership transition. After 25 years leading the company he founded, Frédéric Charles Petit, Founder and Chief Executive Officer, intends to transition from his role as CEO following the appointment of his successor as part of a carefully planned succession process…
Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation. Shares of the company surged 22% in pre-market trading on Monday. They were down more than 17% this year through to…
Blue Label Telecoms co-CEOs Mark and Brett Levy. JSE-listed company Blue Label Telecoms is looking to change its name. In a statement to shareholders today, the company advised that, subject to receipt of the requisite shareholder approval, the board of directors of Blue Label proposes to change the company’s name from “Blue Label Telecoms” to…
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million of its preferred stock, the company said Thursday. MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California, about 60 miles outside Las Vegas. Proceeds from the Pentagon investment…
