Uber Technologies isn’t required to report its finances publicly, but the privately held company has decided to forgo that luxury for the first time. Uber said its revenue growth is outpacing losses, hoping to show the business is on a strong
Author: Agency Staff
Vodacom Group’s Tanzanian unit is considering asking market regulators to extend the deadline of its initial public offering and allow foreign participation because it’s under-subscribed, the lead adviser said. A request is being considered because uptake of
Semiconductor maker Advanced Micro Devices is betting that a purchase of a Texas-based chip maker will help drive the adoption of more portable virtual reality headsets. AMD announced its
The South Korean trial of Samsung heir Jay Y Lee for alleged bribery took an unusual twist on Thursday as prosecutors said the company tried to conceal its gift of a billion won (R12m) horse by exchanging
Amazon.com is embracing artificial intelligence to deliver goods more quickly, enhance its voice-activated Alexa assistant and create new tools sold to others through its cloud computing division, CEO Jeff Bezos said in his annual
As South Africa faces its worst political crisis in a decade with thousands of protesters demanding President Jacob Zuma’s ouster, a key battle to determine who will succeed him is raging on his home turf. The eastern KwaZulu-Natal region
Bell Pottinger said it no longer represents a company controlled by South Africa’s Gupta family, who are friends with President Jacob Zuma, after social-media attacks against the UK-based public relations firm
Thousands of people rallied in South Africa’s capital to call for President Jacob Zuma to resign in the second major demonstration against him in less than a week. The rand strengthened. At least 10 000 people were
Volkswagen’s namesake brand will present the concept of a fully electric crossover model in Shanghai next week to challenge Tesla’s Model X as the German manufacturer gears up to roll out a new zero-emission
Uber Technologies CEO Travis Kalanick is struggling to hold onto his top lieutenants as the company faces an onslaught of scandals. Rachel Whetstone, who led policy and communications under Kalanick