Tag: Bloomberg
Vodafone deny allegations it plans to sell Vodacom
Vodafone Group has said there were no discussions underway on the sale of its majority stake in Vodacom, as rumours emerged it was mulling...
Elon Musk close to recapturing top spot on world billionaires’ list
Tesla CEO and Twitter owner Elon Musk appears to be well on his way toward recapturing the title of the world’s wealthiest person by...
Samsung warns chip industry headed for rocky 2022 closing
Samsung Electronics is warning that the semiconductor industry could be in for a rocky period toward the end of 2022.
A senior executive at the...
World’s richest lose $1.4 trillion in 2022
The 500 wealthiest people in the world have lost a combined US$1.4 trillion this year, including $206 billion on Monday alone, according to the...
Sheryl Sandberg leaves complicated legacy at Meta
Sheryl Sandberg once remarked that she felt she was put on earth to scale organisations — and during her career as one of the most...
Elon Musk suspends working-from-home at Tesla
The world’s richest man appears to have had it with this whole working-from-home business and has asked his executive staff to return to the...
Zoom sales, profits exceeds expectations
Zoom Video Communications projected sales and profit for the current quarter that topped Wall Street’s estimates, a sign that the software vendor is finding ways...
Meta scraps 2022 developers event
Facebook owner Meta Platforms is cancelling the company’s annual developers conference, saying it needs more time to prepare for its next big project: the...
Dangote now richer than Russian billionaire Abramovich
A new report from Bloomberg indicates that Nigerian industrialist, Aliko Dangote has overtaken Russian businessman and owner of Chelsea Football Club, Roman Abramovich on...
IBM SALES hits best in 10 years
IBM reported revenue that beat analysts’ estimates, buoyed by strong demand in the software unit, which includes IBM’s hybrid-cloud offering, signalling that the company’s efforts...