South African businesses have had to respond to the coronavirus and lockdown restrictions since March. At the same time, the country’s economy is in crisis. Here’s how companies are coping.
Author: Agency Staff
China’s ByteDance is planning a US initial public offering of TikTok Global, the new company that will operate the popular short-video app, should its proposed deal be cleared by the US government
Woolworths on Thursday published its results for the 52-week period ended 28 June 2020 and, despite a slump in earnings caused by the Covid-19 lockdown, online sales spiked higher.
Sony said its next-generation PlayStation 5 console would launch in November priced at $499.99 and $399.99 for a version without a disc drive, as it squares off against rival Microsoft’s new Xbox console.
Elon Musk and his team are preparing to outline new steps in Tesla’s drive to become a more self-sufficient company less reliant on suppliers at its “Battery Day” event on 22 September. It’s part of a well-established pattern.
US President Donald Trump raised questions on Wednesday about plans by China’s ByteDance to keep a majority stake in the US operations of popular social media platform TikTok.
Snowflake soared as much as 130% in its trading debut on Wednesday after raising $3.4-billion in an initial public offering, giving it a market value of more than $70-billion.
Apple is asking a court to reject Epic Games’ latest bid to get Fortnite back on the App Store, saying the game maker is acting as “a saboteur, not a martyr” in its challenge to Apple’s payment system.
Spotify Technology has criticised rival Apple, saying that a new subscription bundle offer from the iPhone maker abuses its dominant market position by favouring its own Apple Music service.
Apple rolled out a new virtual fitness service and a bundle of all its subscriptions, Apple One, focusing a holiday season product launch on services that are the backbone of Apple’s growth strategy.