In an effort to stay busy amidst a global pandemic, many of us have resorted to something that’s always within arms reach: our cell phones. And in between celebrity stalking, Twitter scrolling, and eye-straining FaceTimes, the act of swiping on dating apps has filled the void left by this ongoing period of social distancing. Many...
Day: <span>5 October 2020</span>
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Uber Diversify it’s Assets & Pumps $500m into Freight Business
Uber Technologies Inc said on Friday New York-based private equity firm Greenbriar Equity Group would invest $500 million in its logistics arm, Uber Freight, valuing the unit at $3.3 billion on a post-money basis. The ride-hailing firm said it would maintain majority ownership of Uber Freight, and use the funds to scale its logistics platform...
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Biz Headlines: Christo Wiese resigns as Shoprite chair after 41 years & Two women take CEO, CFO positions at Spur + More
Two women take CEO, CFO positions at Spur Val Nichas has been appointed as the new CEO of the Spur Corporation, which also owns Panarottis, John Dory’s, RocoMamas and Hussar Grill. Nichas was formerly the managing executive for quick service restaurants at Famous Brands, which owns Steers, Debonairs Pizza, Wimpy, Mugg & Bean, Fishaways and...
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Bitcoin and Blockchain will shape Twitter’s future where ‘content exists forever’ – Jack Dorsey
The future of social media platform Twitter will be shaped by Bitcoin and its underlying technology, according to chief executive Jack Dorsey, who was once again endorsing a decentralized social media standard at a virtual conference on September 25. “A lot of our value in the past was around contest hosting. So we would host...
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Facebook Introduced New Messenger Features for Instagram
Facebook promised that it would make messaging easier across all of its apps (Instagram, Facebook, WhatsApp) last year, and we’ve already seen evidence that the company was working on integrating Facebook Messenger with Instagram. The company has made that move official, introducing what it’s calling a new Messenger experience on Instagram. We already reported on the integration when it was...