LinkedIn said on Monday it will lay off 668 employees across its engineering, talent and finance teams.
TikTok, owned by China’s ByteDance, is now second only to Facebook as South Africa’s most popular social media platform
Yahoo, the dot-com pioneer, is getting out of China because of the mounting hurdles to doing business in the country.
PayPal is not pursuing an acquisition of Pinterest at this time, the payments company said, responding to media reports.
Microsoft’s LinkedIn is shutting down a localised version of its professional networking platform in China.
Microsoft is making a massive bet on health-care artificial intelligence. The software giant is set to buy Nuance Communications, tapping the company tied to the Siri voice technology.
Some LinkedIn data, including publicly viewable member profiles, has been extracted and posted for sale, Microsoft’s professional networking site said based on an investigation.
Microsoft is in talks to buy messaging platform Discord for more than US$10-billion, Bloomberg News reported, citing people familiar with the matter.
Microsoft’s Azure cloud computing services grew 50%, the second quarter of acceleration in a business where the global pandemic benefited its investment on working and learning from home.
Underscoring the importance of social media to South African smartphone users, Telkom has unveiled a series of new “social bundles”, offering access from as little as R1.