Elon Musk fired a lot of people after he took over Twitter, but the first ones to gowere several of its top executives. Now former CEO Parag Agrawal, former CFO Ned Segal, former chief legal officer Vijaya Gadde, and former general counsel Sean Edgett are suing Musk and the company now known as X, saying they’re owed...
Day: <span>6 March 2024</span>
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Some users can’t access Mata Platforms – Facebook and Instagram
Facebook is the world’s largest social media platform with three billion active monthly users. Instagram has about 1.35 billion users, according to the latest data. Meta on Tuesday said it was looking into widespread outages of its Facebook, Instagram and Threads platforms after users around the world were locked out of their accounts. “We’re aware...
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Riches in Niches | When small means better
“Success is becoming known as the leader in a small niche market, not lost in the angry sea of competition.” Many new business owners have been tempted to try and sell to as wide a customer audience as possible. However, this strategy of ‘everyone is my market’ is unwise. A more successful strategy is to identify a small,...
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Nedbank Group reported an 11% increase in annual profit
Nedbank Group reported an 11% rise in annual profit on Tuesday on strong revenue and associate income growith, and said it achieved all its post-COVID pandemic targets for 2023, including a 15.1% return on equity. Nedbank, one of the top five lenders in the country, announced the targets in March 2021, with two of these...