Dramatic changes at Uber represent a humbling of the ride-hailing giant, which has offices all over the world and has advertised its ambitions to become a one-stop-shop for global travel.
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Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF said on Tuesday.
In a bid to keep its subscriber base engaged, MultiChoice South Africa has announced various offers to its clients, including free access to 600 Udemy online courses until 31 July.
Walt Disney Co’s top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the CEO of TikTok, the popular video app owned by China’s ByteDance.
China’s biggest technology firm, Huawei, has risen to global prominence as a leader in 5G. It’s also become a major target for the US as China’s technological prowess has grown along with its ambitions.
After initially being lauded for his decisive response to the coronavirus crisis, President Cyril Ramaphosa has been forced onto the defensive.
Uber Technologies will concentrate on its core businesses in ride-hailing and food delivery after the company announced a second round of job cuts during the coronavirus pandemic.
Huawei Technologies, in its first official response to the Trump administration’s move to curb its access to global chip supplies, called the decision “arbitrary” and said its business would be impacted.
Kevin Tucker, CEO of online shopping price comparison website PriceCheck, said there has been a spike in e-commerce volumes since a ban on unfettered e-trading was lifted late last week.
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.