Are tech’s billion-dollar CEOs worth their pay?

Apple paid its chief executive, Tim Cook, $US1.4 billion ($1.8 billion) in total since 2007. Oracle’s chairman, Larry Ellison, racked up stock and cash valued at nearly $US1.9 billion over the same period. And Mark Zuckerberg has pulled in $US5.7 billion from Facebook since the company went public in 2012. […]

» Read more

El Salvador volcanoes to power bitcoin mining

More On: bitcoin China arrests 1,100 crypto users on money laundering charges Hacked meat company paid $11 million ransom to cybercriminals This is the first country to adopt bitcoin as legal tender Bitcoin price falls after US reclaims Colonial Pipeline crypto ransom Bitcoin is red-hot in El Salvador — and […]

» Read more

Finance Ministry tightens belt

Tells Ministries to cut ‘controllable’ expenditure by 20% The Finance Ministry has told ministries to slash ‘controllable’ spending by 20% and drop other wasteful expenditure, introducing fresh austerity steps amid concerns with breaching the fiscal deficit target for the year following the second COVID-19 wave. Expenditure related to containment of […]

» Read more

Why rising mortgage rates are nothing to worry about

Mortgage rates may be on the rise, but now it’s still a great time to refinance. Here’s what you need to know before starting the refinancing process. (iStock) At the start of the pandemic, mortgage rates plummeted to historic lows. However, amid the coronavirus vaccine rollout and reopening of businesses, […]

» Read more
1 2 3 162