Facebook shares were poised to fall for a second day after more businesses, including Starbucks and Diageo, joined the growing number of brands planning to halt spending on social media.
Author: Agency Staff
Thousands of people have been testing positive for Covid-19 daily since the relaxation of the hard lockdown to make room for economic activity.
Sony’s image sensor business aims to replicate PlayStation’s success to address its reliance on a handful of manufacturers in the fickle smartphone market by selling software by subscription for data-analysing sensors.
The US and China are moving beyond bellicose trade threats to exchanging regulatory punches that threaten a wide range of industries including technology, energy and air travel.
Finance minister Tito Mboweni said national treasury has no plans to boost income tax, corporate tax or VAT even as the coronavirus decimates the nation’s finances.
Zimbabwe on Friday suspended trade on the stock exchange and mobile phone-based payments to address what President Emmerson Mnangagwa’s government called “criminality and economic sabotage”.
Is the global monetary order ready for another reboot? Keep an eye on India and its ambitions in global technology for clues.
Mark Zuckerberg just became $7.2-billion poorer after a flurry of companies pulled advertising from Facebook’s network – but he’s still the fourth richest person in the world.
Banks are looking to speed up plans to move creaking legacy platforms onto the cloud, a slow and often costly process, but one that has been given extra urgency by Covid-19.
Microsoft said on Friday it would close its retail stores and take a related pretax asset impairment charge of US$450-million in the current quarter.