🔒 AI Chatbot race between Microsoft, Google is loaded with risk
The AI Chatbot scramble between two tech giants is a race towards owning the next era of online search – with major risk.
Amazon.com Inc
🔒 Amazon to slash more than 18,000 jobs in escalation of cuts
Amazon has announced the job cuts of over 18,000 staff members – the largest corporate workforce slash in its history.
🔒 Another ‘unusually high’ quarter for Amazon – BizNews Share Portfolio
Amazon.com, Inc. announced its financial results for its second quarter ended June 30, 2020. Amazon is in the BizNews Share Portfolio.
The reason Japan’s Nikkei paid R16.4bn for FT: its digital strategy
Nikkei says it will use the FT to become more global and boost its digital growth.
Koos Bekker targets e-commerce: Naspers’s next Tencent?
Fresh from a year’s sabbatical Koos Bekker wants to prove TenCent wasn’t a one trick pony. He has identified e-commerce as the next exponential opportunity.
Biznews stock pick Amazon.com surges on market-beating quarterlies
Reason for the market’s delight at Amazon’s numbers was higher than expected revenues and a sparkling performance from its cloud computing services, up 48%.
Anchor Capital: Essential market review, 20 March
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Amazon doubles down on entertainment with ‘indie’ movie bet
Amazon.com Inc is making a high-stakes foray into the challenging realm of independent movies, the latest step in its attempt to move beyond simply distributing digital entertainment content to creating it.
Shellshock Internet superbug has techies scrambling for defences
Companies and public sector organisations around the world are scrambling to protect themselves against the newest cyber threat called Shellshock which was discovered on Wednesday. It has been rated as far worse than Heartbleed which stuck five months ago and reinforces how thin the Internet’s defences are against determined hackers. As the Reuters story below … Read more
Media Mogul Murdoch to G20: Get out of business’s way
Love him or hate him, you certainly cannot ignore media mogul Rupert Murdoch. The Australian-born billionaire might be 83 but he has lost none of his straight-talking, his ability to call a spade a bloody shovel. This morning the owner of the Wall Street Journal, The Times of London, Sky News and a host of … Read more