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.
Browsing: Sections
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.
Zimbabwe’s state power transmission company has invited bids for the construction of 500MW of solar power plants as part of a drive to increase its use of renewable energy and end power cuts.
Restrictions introduced by Washington on Friday that ostensibly aim to allay US cybersecurity concerns are really designed to safeguard American dominance of global tech, a Huawei executive said on Monday.
Taiwan Semiconductor Manufacturing Co has stopped new orders from Huawei Technologies in response to Washington’s move aimed at further limiting chip supplies to the Chinese company.
China said new US export restrictions targeting companies including Huawei Technologies may threaten the global supply chain.
Energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/2019 financial year.
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app.