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Standard Bank’s Distressed Client Update

Standard Bank’s Distressed Client Update

In an update, Standard Bank said that its “client relief portfolio” – where payment holidays have been granted on home loans, loans and credit cards – has declined from R107 billion as at 30 June 2020 to R61 billion. On the lapsed accounts (i.e. where the payment holiday period granted had expired and the relief...

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Quibi – the Streaming Service Is Shutting Down Barely Six Months After Going Live

Quibi – the Streaming Service Is Shutting Down Barely Six Months After Going Live

Quibi Holdings LLC is shutting down, according to people familiar with the matter, a crash landing for a once-highflying entertainment startup that attracted some of the biggest names in Hollywood and had looked to revolutionize how people consume entertainment. The streaming service, which served up shows in 5- to 10-minute “chapters” formatted to fit a...

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DStv Once Again Increases Prices on Most of its Bouquets – Oh No!

DStv Once Again Increases Prices on Most of its Bouquets – Oh No!

South Africa’s biggest pay-TV broadcaster – DStv – has made a number of changes to its products and services in 2020. These changes come as many affluent and middle-class South African households are adopting Internet-based streaming services over broadcasted television entertainment due to increased availability of fibre and video-on-demand services. Most recently, parent company MultiChoice reported...

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Coke Finally Pulls the Plug on Tab and Retire the brand

Coke Finally Pulls the Plug on Tab and Retire the brand

The National Society of Tab Appreciators—if there is one—had better get to the grocery store fast: Coca-Cola announced today that the 57-year old brand that pioneered America’s diet soft drink sector will be retired by year’s end. The beverage giant also announced that several other “select underperforming products” will take their final bow this year—including Diet Coke...

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Sony Show Love and Support to Black Lives Matter Movement (BLM)

Sony Show Love and Support to Black Lives Matter Movement (BLM)

Sony has provided a new way for PS4 owners to show their support for the Black Lives Matter movement inside their consoles. Today, the company released a new static theme on the PlayStation Store called the “Black Lives Matter Theme.” The theme is available now for free on the PlayStation Store. As you can see from the images...

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Google to Turn YouTube into Shopping Channel of the Future

Google to Turn YouTube into Shopping Channel of the Future

YouTube has served as a platform for vloggers, content creators, and influencers to plug products for years, and now its parent company Google thinks it too can benefit from this by venturing into the world of online shopping. As Bloomberg reports, Google is looking into making YouTube “a major shopping destination.” The video site recently asked some of its content creators...

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PayPal enters UK’s buy now, pay later market

PayPal enters UK’s buy now, pay later market

PayPal is to take on the likes of Klarna and Australia’s AfterPay with the launch of a buy now, pay later shopping service that lets UK consumers pay for their purchases in three monthly installments. Through PayPal Pay in 3, businesses can offer their customers the option of making purchases between £45 and £2,000 by...