Indian food delivery start-up Swiggy said on Monday it would lay off 1 100 employees, or nearly 14% of its workforce, to cut costs, as a weeks-long nationwide lockdown hits demand.
Author: Agency Staff
Google’s dominance of the digital advertising market is harming advertisers, news publishers and consumers, according to a paper that outlines how the US could bring an antitrust case against the Internet giant.
Zimbabwe’s state power transmission company has invited bids for the construction of 500MW of solar power plants as part of a drive to increase its use of renewable energy and end power cuts.
Restrictions introduced by Washington on Friday that ostensibly aim to allay US cybersecurity concerns are really designed to safeguard American dominance of global tech, a Huawei executive said on Monday.
Taiwan Semiconductor Manufacturing Co has stopped new orders from Huawei Technologies in response to Washington’s move aimed at further limiting chip supplies to the Chinese company.
China said new US export restrictions targeting companies including Huawei Technologies may threaten the global supply chain.
Energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/2019 financial year.
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chip makers, in an action that could ramp up tensions with China.
Hon Hai Precision Industry’s profit plunged by the most on record after the coronavirus disrupted its China production and walloped global smartphone demand.