As Black Friday approaches, businesses worldwide are preparing for the busiest consumer period of the year. In South Africa alone, Black Friday sales have grown by an astounding 9900% over the past six years. One of the biggest drivers of this is the upsurge in online retail which has exploded by 66% since the onset...
Day: <span>23 November 2021</span>
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Uber to Starts Selling Cannabis in Ontario, Canada
The e-hailing giants Uber enters booming Cannabis market in Ontario. Uber Technologies Inc will allow users in Ontario, Canada, to place orders for cannabis on its Uber Eats app, marking the ride-hailing giant’s foray into the booming business, a company spokesperson said on Monday, Reuters reported. Uber-Eats will list cannabis retailer Tokyo Smoke on its marketplace on...
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Cryptocurrencies Post inflows in Latest week, led by bitcoin – Report
Cyrptocurrency products and funds posted inflows in the latest week, with investors undeterred by the latest price corrections, weekly data from digital asset manager CoinShares showed on Monday. Institutional investors poured in $154 million in the crypto sector in the week ended Nov. 19, with a year-to-date total of $9.2 billion, already exceeding total inflows...
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Another Delay for Facebook Messenger End-to-end Encryption till 2023
Meta’s Facebook, won’t finish making your chats on Facebook Messenger and Instagram end-to-end encrypted until 2023, according to its global safety chief. Antigone Davis wrote in the UK newspaper The Sunday Telegraph about the company’s efforts to preserve childrens’ safety on its platforms. “We’re taking our time to get this right and we don’t plan to finish...
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Naspers, Tech Investor Reported 11% Increase in First-half Profit
Mzansi tech investor Naspers Ltd reported its first half profit climbed 11%, the move is driven by a large contribution from Chinese internet giant Tencent in which it indirectly holds a 29% stake. Its core headline earnings per share, which strips out gains or losses from non-operational items, stood at 416 U.S. cents, versus the 376 cents...
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Netflix’s Instigator at the Center of Protests against Dave Chappelle resigns – Report
A Netflix employee at the center of protests over its streaming of comedian Dave Chappelle’s latest comedy special, has resigned and is withdrawing an unfair labor practice charge against the company. “I have resigned from Netflix as of 11/21/2021. This isn’t how I thought things would end, but I am relieved to have closure,” Terra Field...