That the US’s biggest companies are technology firms whose businesses stood up to lockdowns has been good news for its stock market. For the Nasdaq 100 Index, it’s been salvation.
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Perhaps unsurprisingly, South Africans – forced to stay at home during a 21-day national lockdown aimed at fighting the spread of Covid019 – are turning to video-on-demand services in droves.
In the midst of the Covid-19 lockdown, supermarket giant Pick n Pay is upping the ante in South Africa’s online retail game by launching a same-day grocery delivery service in partnership with Bottles.
The coronavirus pandemic has pressured nearly every corner of the global economy, but analysts continue to see sunny days ahead for cloud computing and the ecosystem that surrounds the technology.
The tech bubble is popping, but not in the way anyone expected. After years of fretting that free-spending start-ups with unrealistic valuations would bring down the start-up economy on its own, a global pandemic is doing it in instead.
Apple has relaxed a controversial policy that took a 30% cut of payments when video apps on its platform sold television shows and movies.
YouTube will reduce the quality of videos around the world starting on Tuesday, an effort by the world’s most popular video site to ease Internet traffic during the coronavirus outbreak.
A month ago, back when things made sense, Wall Street was convinced that when the rout came, high-priced technology stocks would lead the way down. That’s not how it’s playing out.
For years, television executives have fretted there is too much TV. Now, with the coronavirus looming large, they are worried there might not be enough.
Amazon.com will hire 100 000 people – and give US workers a $2/hour raise in an effort to meet crushing demand from customers placing online orders for household essentials.