WhatsApp founder and CEO Jan Koum is leaving Facebook, just a few years after his messaging app was acquired by the social media giant for $22bn. With Koum’s departure, Facebook loses one of its
Author: Agency Staff
Apple earnings this week will confirm what most investors have finally accepted: the iPhone X didn’t live up to the hype. The results should also provide clues on the company’s next strategy for its most
There seemed no love lost between Marcelo Claure and John Legere, a pair of chief executives who sniped at each other incessantly – on Twitter, at public events, even in ads. But behind the scenes, the two telecommunications
Amazon.com reminded investors on Thursday that scraping by selling things online was just the beginning. The world’s biggest Internet retailer reported larger profits in the first quarter and forecast more of the
Microsoft exceeded analysts’ projections for fiscal third-quarter sales and profit, lifted by strong corporate demand for cloud computing services as the software maker added new features. Profit in the period ended 31
Social development minister Susan Shabangu has suspended the tender process aimed at securing a new distributor for the country’s social security cash payments for millions of people, after G4S lodged a
The US justice department has joined two other agencies probing Huawei Technologies for possible violations of sanctions banning sales to Iran, according to two people familiar with the matter. Agents from the
Facebook hasn’t felt an immediate financial sting from the latest controversies over how it collects and protects people’s information. But that doesn’t mean the company is free from danger. Facebook’s first-quarter revenue rose
Twitter’s push into live video and more personalised content is finally starting to pay off, boosting revenue and profit more than projected in the first quarter by luring users and advertisers. The shares rose. Sales
South Africans are apparently so elated at the exit of Jacob Zuma as president that their confidence as consumers has made an unprecedented jump to an all-time high. The 34-point move in First National Bank’s index