Amazon.com spent $1.7 billion on video and music content during the first quarter of this year, the first time the technology and retail giant has itemised the growing cost of providing streaming services to consumers.
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Remember this moment. Early 2019 may have showed us the ceiling for the business of selling car rides at the tap of a smartphone.
Uber Technologies is seeking to raise as much as $9-billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84-billion.
Cryptocurrencies tumbled after New York’s attorney general cast fresh doubt on the stability of tether, a virtual currency that plays a central role in trading on crypto exchanges around the world.
Amazon.com confirmed on Thursday what has been a slowly evolving financial picture. It is now a company that is more profitable than it has been in years, but the supercharged growth is gone.
South Africa’s largest labour federation is prepared to discuss reducing workers at the nation’s power utility if it’s given proof of overstaffing and that job cuts would save Eskom.
Ah, that old trope, “market failure”. Economic development minister Ebrahim Patel trotted it out several times this week while unveiling the Competition Commission’s provisional findings into the data service market.
MTN has accused the Competition Commission of using outdated information in preparing its report on the data services market in South Africa.
Slack Technologies has built a tool that, at its best, eliminates the flood of e-mails among co-workers and replaces it with … a flood of short messages, emojis and animated GIFs.
Facebook shares surged in late trading after the largest social media company posted robust quarterly sales growth and signalled it may be close to resolving a US privacy investigation.