Facebook on Thursday launched a test of a new virtual-reality remote work app where users of the company’s Oculus Quest 2 headsets can hold meetings as avatar versions of themselves.
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The rand, which managed to avoid a major blowout following riots in two of South Africa’s key provinces in July, finally gave way and weakened below the psychological R15 to the US dollar level on Thursday.
Shoprite Group has created a new digital business unit called ShopriteX in which it plans to combine data science, technology and innovation to “enhance customer experiences”.
The JSE equities trading market failed to open on Wednesday for technical reasons, causing enormous frustration in the investment community.
The start of equities trading on the JSE was delayed on Wednesday because the bourse was unable to fully process transactions from a record volumes in the previous session.
Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population.
Eskom plans to reduce its output of coal-fired power by between 8GW and 10GW through plant closures over the next decade, a cut that amounts to up to 30% of its current capacity.
MTN Group is once again worth more than rival Vodacom Group after a surge in the former’s share price following publication of solid interim results last week.
Despite the current turmoil in Afghanistan, MTN Group continues to operate its mobile network in the war-torn Middle Eastern country, providing services to 6.3 million subscribers.
Chinese-owned Uber Technologies rival Didi Chuxing Technology – better known as DiDi – will be launched in Johannesburg and Pretoria next Monday, 23 August.