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US regulators authorize first bitcoin funds on public markets
US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency. Until Wednesday, investors seeking to invest in bitcoin had to open an account on a cryptocurrency exchange and transact through a traditional medium of exchange, such as the dollar.
UN 'very concerned' over attacks on Red Sea trade
The United Nations raised the alarm on Wednesday over increasing attacks on shipping in the Red Sea, blamed by Western countries on Huthi rebels, and the risk of escalation in the region. Intensifying attacks by Yemen's Huthi rebels in the Red Sea have caused shipping companies to bypass the route and instead divert around Africa's Cape of Good Hope, significantly adding to journey times and cost.
Amazon cuts hundreds of jobs at Twitch, Prime Video and MGM
Amazon's gamer streaming unit Twitch on Wednesday announced that it was laying off 500 staff, reportedly one third of the company, as it struggles financially despite strong popularity among players. The cull comes as part of Amazon's biggest ever job cutting plan launched last year, which it said will reach 27,000 positions across the company.
Teenager finds R2.5 million and returns it to the police, awarded R9 300
A man from Mexico performed a good act. He found a bag of money (R2.5 million) next to an ATM. He called the police and got rewarded with approximately R9 300.
Woman shares video of multiple rejections from jobs, finally lands a job: "My God has never failed"
A woman who has been applying for jobs and getting rejected shared her journey on TikTok. In the end, she landed a job. Many who relate to her are hopeful.
Son shares Video of his mother rocking a Louis Vuitton knockoff, Mzansi loves it:"Okusalayo it’s LV"
A son shared a TikTok video of his mother wearing a knockoff Louis Vuitton dress, called Lousvo. The man was laughing at her unbothered mom. Mzansi is entertained.
Boeing probing 'what broke down' in latest incident: CEO
Boeing is still in fact-finding mode following Friday's near-catastrophic aviation incident, searching for "what broke down" in its processes, Chief Executive Dave Calhoun said Wednesday.
Madala gives gogo the princess treatment, TikTok video restores people's faith in love
a grandpa treats his wife like a queen, removing what seems like a thorn from her foot. The video of the genuine care and love between them TikTok viewers.
Huthi attacks idle Suez Canal, deepen Egypt's economic woes
Attacks by Yemen's Huthi rebels in the Red Sea have caused shipping companies to avoid the Suez Canal -- a key source of revenue for Egypt as it battles a deep economic crisis. Suez Canal revenues are especially vital for Egypt amid the economic crisis during which the local currency has lost half its value since March 2022 while inflation tops 35 percent.
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