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Finance & Markets

Nvidia drops ~5% pre-market after its board opens a probe into Jensen Huang; Nvidia previously dismissed the interactions as "nothing unusual or unexpected" (Demetri Sevastopulo/Financial Times)

Board of chipmaker opens investigation after chief executive Jensen Huang admits to affair

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at ft.com →

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MTN’s South African data boom is not translating into revenue growth

MTN South Africa’s customers are consuming more mobile data than ever, but the country’s second-largest mobile operator is finding it difficult to translate that demand into revenue growth.

  • MTN South Africa's data consumption surged by 27.9% in nine months
  • Data revenue grew 4.7% year-to-date, but service revenue only increased 1%
  • Prepaid usage and revenue declined, posing challenges for MTN SA

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