Author Agency Staff

World

Netflix, Amazon lure Hollywood hitmakers

Netflix’s surprise $300m deal to poach Ryan Murphy from 21st Century Fox shows just how easy it’s getting for rich tech companies to steal Hollywood’s top talent. Netflix, which released its first original

World

Uber CEO warns of Amazon-style losses

Speaking at a conference in San Francisco, Uber Technologies CEO Dara Khosrowshahi has rattled through the company’s ambitions: food delivery, freight, autonomous vehicles and even buses and bikes. Ultimately, Uber’s

Current affairs

Rand jumps to strongest level in years

Traders couldn’t be happier to see the end of President Jacob Zuma’s nine years in power. The 75-year-old leader had driven Wall Street to wit’s end in recent years amid ratings downgrades, declining growth and a string of scandals

Current affairs

Hawks swoop on the Gupta compound

The noose tightened on South African President Jacob Zuma on Wednesday as the police went after key allies while leaders of the ANC vowed to force him from office. Police raided the Johannesburg home of the Gupta family

World

Uber reports $4.5bn loss

Uber Technologies had a painful 2017, but the business managed to grow. Adjusted net revenue last quarter increased 61% to $2.2bn from the same period in 2016. Meanwhile, the total value of fares grew to $11bn that quarter

World

Who might replace Tim Cook as Apple CEO

Apple CEO Tim Cook addressed succession at the company’s annual shareholder meeting on Tuesday, saying that eventually “passing the baton” properly is one of his most important roles. The company has a deep bench of

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