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Mark Zuckerberg Suffers Worst Week in Facebook's History
Mark Zuckerberg's personal wealth plummeted by $7 billion in the space of a few hours on Monday, demoting him on the list of the world's richest people, after outages took Facebook and subsidiary networks offline. The outage lasted from Thursday morning, leaving many of Facebook's 2.7 billion without access for around six hours. Instagram and
Here's why WhatsApp, Facebook, Instagram were down
Social media giant Facebook suffered a major global outage on Monday, which impacted Facebook, WhatsApp, and Instagram. These platforms were down for a few hours and the company has come up with a reason for the issue. Already, it was noted that Mark Zuckerberg has faced losses worth $6 billion due to this outage. But,
Electric vehicle maker Rivian has filed to go public
Electric vehicle maker Rivian, backed by Ford and Amazon, filed for an initial public offering on Friday on the Nasdaq exchange. The company filed its IPO confidentially with the Securities and Exchange Commission in August, and it was made public today. According to the S-1 filed with the SEC, Rivian had a net loss of
“If the consumer doesn’t pay, then the taxpayer needs to pay” — Eskom
Eskom hit back at the National Energy Regulator of South Africa (Nersa) over the recent rejection of its tariff proposal. It said the decision would destroy the electricity industry — including municipalities. Hasha Tlhotlhalemaje, General Manager of Regulations at Eskom, has said that if the electricity generator cannot recover its efficient costs, it will have to
South Africa’s employment in manufacturing hits the lowest since 1969
South Africa’s economy — and specifically manufacturing — has been hammered by corruption, mismanagement, and destructive government policies. Economist Mike Schussler revealed that employee numbers in South Africa’s manufacturing sector are the least since 1969. When looking at the number of manufacturing employees as a percentage of the population, it is the lowest since 1935
Bezos makes first-ever investment in Southeast Asia’s E-Commerce
Amazon founder Jeff Bezos participated in a $87 million Series B funding for Indonesian startup Ula, marking his first-ever investment in Southeast Asia’s e-commerce space. Bezos Expeditions, Northstar group, AC Ventures and Citius joined the round co-led by Prosus Ventures, Tencent and B-Capital, the e-commerce marketplace Ula said in a statement on Monday. The previous
FlySafair launches monthly subscription club for customers
4 October 2021, Johannesburg – Low-cost carrier FlySafair has done a lot to change the domestic air travel landscape in South Africa, and it’s set to do it all again with the launch of its subscription programme: the FlyMore Club. By joining this club, members will receive an allocation of flights to use each month –
Transnet workers worried as the job cuts process begins through voluntary packages
COVID-19 has had a major impact on most big companies, some have managed to stand firm and try and to ensure their employees don’t feel the financial strain this has come with. Unfortunately Transnet is one of those companies and as a results they have moved to the next phase of its process of issuing
Top 5 Tech companies in the world in 2021
It is unarguable that technology is taking over and tech gadget are mushrooming from different companies all over the world. It has been known that most of these top tech companies are based in America, however off late Asian companies have been producing some of our top gadgets earning them spots in the top tech
Leading Digital Agencies in the world
Minimum project price: $1,000Avg. hourly rate: $100 – $149 / hrRating: 4.9Founded: 1995Services: lead generation, search engine optimization, content and analytics WebFX is a search engine optimization (SEO) agency that also offers services for web design and development. The agency works on all types of projects that involve design, development, and marketing. The starting price of most WebFx projects is
Credit card or not?
Cost of living has become so high and essentials are becoming more and more expensive as the years progresses. Living on credit has also sky rocketed and often people are always looking for the next great deal. As tempting as it may be to get a credit card, it is equally important to be able
Courses that do not require math
As a young person growing up can be very tricky, especially when it comes to academical choices, majority of young ones do not like the math subject and they end up choosing study fields that have less of maths. Are you a student who is looking forward to joining an institution of higher education and
Africa will be receiving 25% fewer COVID 19 vaccine doses than expected
Due to supply constraints and export prohibitions, the World Health Organization's (WHO) Covax programme has had to cut Covid 19 vaccine delivery to Africa by 25% this year. The WHO initially stated that the African continent was expected to receive 470 million Covid 19 vaccine doses this year through the Covax platform. The World Health
SA moves to Adjusted Alert Level 1
Following meetings of the National Coronavirus Command Council and the President’s Coordinating Council, Cabinet has decided to move South Africa from Adjusted Alert Level 2 to Adjusted Alert Level 1 from midnight tonight. This was announced by President Cyril Ramaphosa during an address to the nation on Thursday evening. The President said that a few
Step by step: How to Integrate Gmail in Outlook on Web and Mobile
New apps are available across popular platforms under Microsoft's new "mobile first, cloud first" strategy. Among them, Outlook shines when it comes to handling emails on the go. The good part is, it works flawlessly with other email providers like Yahoo, iCloud, and Gmail. And if you're just getting started, here's how you can integrate
Turkey sees growth in number of visitors from Azerbaijan
Number of Azerbaijani citizens who visited Turkey in August 2021, Trend reports on Sept.24 with reference to the Turkish Ministry of Culture and Tourism. According to the ministry, this indicator amounted to 74,557, up by three times on an annual basis. Thus, 1.87 percent accounted for the share of Azerbaijani citizens in the total number of foreigners
Saudi unemployment rate down marginally to 11.3% in Q2
Unemployment in Saudi Arabia declined only marginally to 11.3% in the second quarter from 11.7% in the first three months of the year, official data showed on Thursday, signalling that recovery from the coronavirus crisis has lost some momentum, Trend reports with reference to Reuters. Saudi Arabia has been pushing through economic reforms since 2016 to create millions
Amazon is now accepting your applications for its home surveillance drone
First announced at last year’s Amazon hardware event, the Ring Always Home Cam is now ready for take-off. Starting today, September 28th, you can request an invitation to be a crash-test dummy for Ring’s newest innovation. The Always Home Cam is a Ring camera attached to a drone that can fly predetermined paths in your
Honda expresses interest on rockets, robots, and flying cars
Honda says it will make a decision on whether to pursue a commercial air taxi service “before 2025,” with the aim of obtaining regulatory certification and launching a new service by 2030. Honda isn’t the only automaker to express interest in eVTOL. Others, like Toyota and GM, have also invested in prototypes and concepts. The
Elon Musk to Jeff Bezos: ‘you cannot sue your way to the Moon’
Elon Musk isn’t happy that fellow mega-billionaire Jeff Bezos keeps suing to stop SpaceX’s projects, and he shared a message for the Amazon founder during the 2021 Code Conference on Tuesday: “you cannot sue your way to the Moon, no matter how good your lawyers are.” Musk was responding to a question from journalist Kara