A pact between South Africa’s government, labour unions and business to cut Eskom’s debt won’t include a pledge to use the pensions of state workers as had been initially proposed.
Author: Agency Staff
Mark Zuckerberg’s net worth passed $100-billion for the first time on Thursday after Facebook hit a record on optimism about the release of its TikTok competitor Reels.
Washington’s plan to ban certain technologies of Chinese origin is a sign of “madness” in US secretary of state Mike Pompeo, China’s state-backed tabloid Global Times wrote in an editorial on Thursday.
The Trump administration’s move to ban US residents from doing business with Tencent’s WeChat app rippled through Chinese markets, erasing $46-billion from the Internet giant’s market value.
Facebook on Wednesday for the first time took down a post by US President Donald Trump, which the company said violated its rules against sharing misinformation about the coronavirus.
The Trump administration said on Wednesday it was stepping up efforts to purge “untrusted” Chinese apps from US digital networks and called TikTok and WeChat “significant threats”.
It looks like a real pay-television subscription, with familiar shows, advertisements and even a customer service line. But the product, known as a pirated Internet protocol TV service, is illegal.
Amazon.com CEO Jeff Bezos sold shares worth $3.1-billion in the e-commerce company in recent days, regulatory filings showed on Wednesday.
South African business leaders are growing increasingly concerned that the government doesn’t have the will or capacity to overcome the economic devastation wrought by the coronavirus pandemic.
Samsung Electronics unveiled its latest Galaxy Note smartphone on Wednesday hoping to regain ground against rivals Huawei and Apple as the smartphone market begins to recover from its Covid-19 slump.