Shares of social media firms fell sharply on Friday as Twitter joined the Snapchat owner in signalling a cutback in digital ad spend as economic growth sputters.
Author: Agency Staff
SMIC has likely advanced its production technology by two generations, defying US sanctions intended to halt the rise of China’s largest chip maker.
Apple’s pivot to a subscription-like model creates a clear path to a market capitalisation of more than $3-trillion, according to Morgan Stanley.
Facebook is revamping its main feed in a bid to style its apps after short-form video competitor TikTok.
Companies across various industries see the semiconductor chip shortage easing in a boost for manufacturers after a long struggle for components.
Microsoft Teams was back up for most users after an hours-long outage that disrupted the chat application globally.
A closer look at the streaming giant’s latest financial results indicates it still faces significant hurdles.
Ford Motor Co is preparing to cut as many as 8 000 jobs in the coming weeks, according to people familiar with the plan.
Bitcoin rebounded after a brief selloff late on Wednesday, sparked by news that Tesla had sold about 75% of its holdings of the virtual token.
Eskom faces increased financial pressure from lower than anticipated tariffs, rising diesel costs and the impact of labour disruptions, S&P Global said.