Amazon.com is laying off more than 18 000 employees, a significantly bigger number than previously planned.
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Amazon.com is working on a standalone app for watching sports content, the Information reported.
Netflix co-CEO Ted Sarandos on Tuesday said he has yet to see a path to profitability in live sports on the streaming service.
I’m fed up of reading about Elon Musk and Twitter. And yet I also confess to a voyeuristic reflex.
Amazon.com plans to spend more than $1-billion/year to produce movies that it will release in theatres.
Thousands of Amazon warehouse workers across about 40 countries plan to take part in protests and walkouts to coincide with Black Friday.
Emissions linked to cloud computing aren’t being properly accounted for in carbon calculations.
A high court interdict granted earlier this year that stopped development of the R4.6-billion River Club development has been rescinded.
Takealot Group is pushing further into townships and growing its new grocery partnership to defend its market share, its CEO said.
Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares.