IDC in the red due to Sasol losses The Industrial Development Corporation (IDC) suffered a R3.8 billion loss in the year to end-March (even before the impact of Covid-19) due to the slumping value of its shareholding in Sasol and rising impairments. New CEO for MTN Nigeria Ferdi Moolman has resigned as CEO of MTN Nigeria, and...
Day: <span>28 October 2020</span>
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South African Government Proposed a New Tax Bill for ‘Netflix’
The Presidential Commission on the Fourth Industrial Revolution established by President Cyril Ramaphosa has published a report that recommends a number of changes to South Africa’s digital policy. Among these proposed changes is the implementation of a digital tax on global companies such as Netflix, Amazon, and Facebook, who operate in a number of countries around the...
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Facebook will start charging for WhatsApp Business services
Facebook said Thursday it will start charging companies for some its WhatsApp Business chat services. WhatsApp Business allows small and medium businesses to chat with customers, provide support and sell products directly. Facebook said it will soon offer services like hosting, to help partners manage chat messages with clients, inventory and more. WhatsApp Business has more than 50...
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Tinder Launches ‘Face to Face’ Video Chat Feature in the UK
Tinder has launched a ‘Face to Face’ video chat feature in the UK, making it easier for Britons to go on dates even if they cannot meet up during the pandemic. Tinder, which is one of the most popular dating apps, said it was launching the feature globally as new restrictions meant “the world has moved to...
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TripAdvisor says Google is using its ‘dominance in internet gatekeeping’ against travel sites
TripAdvisor CEO Stephen Kaufer, a longtime critic of Google, welcomed the government’s decision to look into the tech behemoth. The DOJ and 11 Republican state attorneys general are going after Google for allegedly unlawfully maintaining a monopoly in search by cutting off rivals from key distribution channels. “We think the DOJ is taking an important first step …...