Hot Money: porn meets the internet - FT

Stoya is a porn star who saw first-hand how a firehose of free porn online transformed the adult industry. 

She sends FT hosts Alex Barker and Patricia Nilsson a quest: Find out who is in charge, and get to the bottom of how the business of porn really works. 

"Hot Money" will take you inside who controls the industry, tell you about the rivalries and expose the power battles. You’ll hear from adult directors and performers, tech pioneers and Wall Street billionaires — and you’ll be left surprised by who’s really in control. 

You can listen to the other episodes at https://on.ft.com/3tglc9h

What happens to SA banks during load shedding?

From Business Tech –

“Amid the prospect of regular load shedding in South Africa over the next few years, BusinessTech asked the country’s big banks how they’re set up to handle your finances when the lights to go out.

According to the power utility, it will take 20 to 30 months to work through its maintenance backlog; meanwhile the much-delayed Medupi and Kusile power projects are only set to be fully operational in 2018 and 2019, respectively.

The country’s power situation remains extremely volatile, and load-shedding looks likely to stay.

Worryingly, Eskom CEO Tshediso Matona has warned that one unexpected event at any of its power stations could potentially result in a total failure of the national electricity system. A failure which may take weeks to resolve.

In the event of such a nation-wide blackout, President Jacob Zuma and his cabinet will be taken to a secret location and soldiers will be deployed to protect the SABC and other key points.

SA mobile operators have already weighed in on how they would cope during a blackout – but what systems do South Africa’s banks have in place to keep their systems running?”

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