Barely a month after French pay-TV provider Canal+ took full control of Multichoice, the company has stunned the market by demanding a 20% discount on supplier invoices, in order to save costs. Mergence CIO Peter Takaendesa said the aggressive cost-cutting measures were not that surprising but there would be operational and regulatory hurdles to overcome as a result of attempting to change payment terms. The Competition Commission is currently assessing whether there has been a breach of the conditions of the merger.

NVIDIA shares swing as investors digest record-breaking results
NVIDIA shares swung after the chipmaker posted record first-quarter revenue of $81.6 billion, fuelled by booming AI demand. The stock







































