Uber Technologies will concentrate on its core businesses in ride-hailing and food delivery after the company announced a second round of job cuts during the coronavirus pandemic.
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Huawei Technologies, in its first official response to the Trump administration’s move to curb its access to global chip supplies, called the decision “arbitrary” and said its business would be impacted.
Kevin Tucker, CEO of online shopping price comparison website PriceCheck, said there has been a spike in e-commerce volumes since a ban on unfettered e-trading was lifted late last week.
Google’s dominance of the digital advertising market is harming advertisers, news publishers and consumers, according to a paper that outlines how the US could bring an antitrust case against the Internet giant.
Restrictions introduced by Washington on Friday that ostensibly aim to allay US cybersecurity concerns are really designed to safeguard American dominance of global tech, a Huawei executive said on Monday.
China said new US export restrictions targeting companies including Huawei Technologies may threaten the global supply chain.
Energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/2019 financial year.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chip makers, in an action that could ramp up tensions with China.
Dimension Data will retrench in the region of 480 employees following a major restructuring exercise announced in March that saw it pull the plug on two of its biggest brands.
Independent tower operator Helios Towers said on Friday that one of its South African subsidiaries, HTSA Towers, has agreed to buy 65 wireless telecommunications sites from Eagle Towers SA.