Airbnb has reported its first full year of profitability and $8.4-billion of annual revenue – 75% more than it achieved in the year immediately preceding the pandemic.
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Convergence Partners CEO Brandon Doyle joins the TechCentral Show to unpack the recently announced closing, at $296-million, of the company’s new Digital Infrastructure Fund.
The rand slid on Monday after ratings agency Moody’s flagged risks from crippling power cuts and as the dollar advanced.
The rand is headed for a fourth weekly loss versus the dollar. The currency’s underperformance is specific to South Africa.
With Microsoft adding artificial intelligence to its Bing search engine, CEO Satya Nadella sees another opportunity to challenge Google’s dominance.
Alphabet lost US$100-billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video.
Zoom Video Communications will cut about 1 300 jobs as demand for the company’s video conferencing services slows with the waning of the pandemic.
Promoted | Most mid-market employees are restricted by tedious processes and a lack of workplace automation.
Dell Technologies, facing plummeting demand for PCs, will eliminate 6 650 jobs.
Apple, Amazon.com and Alphabet posted results on Thursday that show an economic slowdown is throttling demand.