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South Africa’s largest cinema chain, Ster-Kinekor, has been placed into voluntary business rescue after it fell victim to the Covid-19 lockdown measures, which forced it into a loss-making position.

Record iPhone shipments pushed Apple to the top position in the global smartphone market as Samsung Electronics and Huawei Technologies lost significant ground, market research firms said on Thursday.

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Amazon.com’s cloud computing service was beset by errors on Tuesday, disrupting thousands of online services from project management and expense reporting tools to commuter alerts. Amazon Web Services

Telecommunications executives from Vodafone Group to Deutsche Telekom and Telefonica are headed to the industry’s annual get-together in Barcelona next week with more on their minds than the latest handsets. Deals under consideration

It took Alphabet’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies allegedly did it in nine months. Waymo claims in a lawsuit filed on Thursday that was possible

Let’s say this upfront: buying shares in Snapchat’s initial public offering next week is an act of lunacy. It’s nuts to buy stock of a company with just a two-year track record of generating revenue, a loss of $1,27 for each