Insurance Group Discovery Limited reported a 10% drop in interim profit for the six months ended 31 December. It fell to R1.875 billion from R2.078 billion for the previous half-year period. Discovery founder and group CEO Adrian Gore says, their group earnings were negatively impacted by exchange rate volatility but Covid-19 provisions resilient. Exchange rate volatility...
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Twitter Hope to Double Revenue with its New Paid Subscription Service ‘Super Follow’
Twitter is hoping to double its revenue stream by 2023 as it introduces its new paid subscription feature/service, Super Follow. It remains to be seen if the social media platform can able to achieve its ambitious goal of doubling its income. Media insiders says is the first time for social media platform powerhouse set long...
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CNN International Executive Mike McCarthy’s take on Twitter & Facebook ban on Trump
The Twitter and Facebook ban on Trump and others is quite controversial. What is your take on it, and how do you see the regulatory battle unfolding in the coming months and years? How does it affect the traditional media? Social media platforms have existed in a grey area for a long time; because they...