South Africa’s economy probably contracted by an annualised 40.1% in the second quarter, according to central bank forecasts.
Author: Agency Staff
Half a decade ago, the billionaire founder of Epic Games sparred with Microsoft over the way the software giant treated small application developers. Now he’s launched a legal broadside against Apple and Google.
Tesla CEO Elon Musk has suggested the electric car maker may be able to mass produce longer-life batteries with 50% more energy density in three to four years.
Apple was spared from having to immediately reinstate Epic Games’ Fortnite on its App Store, an early court victory for the iPhone maker in an intensifying battle over the tolls charged to app makers.
Fitbit on Tuesday unveiled a fitness tracker and two smartwatches, including one that purports to help monitor users’ stress levels, as the company’s pending sale to Google remains mired in antitrust reviews.
Amid trade tensions between the US, China and Europe, and the UK’s fraught departure from the European Union, African leaders are moving in the opposite direction.
Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the US-China trade war intensifies.
Barring a precipitous drop in Apple’s share price, CEO TIm Cook will receive 560 000 shares on Monday, worth a combined $278.6-million, or R4.7-billion.
Microsoft is backing Epic Games in its fight with Apple. The company has been upset with Apple’s rules preventing it from releasing a cloud-gaming service that works with iPads and iPhones.
Tencent Holdings jumped the most in two weeks after White House officials are said to have reassured American businesses that a ban on its WeChat app won’t be as broad as feared.