Uber is now a profitable, cash-generating machine
If you look at the market’s reaction to Uber’s quarterly results out this morning, you might think the company performed poorly. The stock is down about 6%, most likely because the company missed the market’s expectations for quarterly revenue by about $100 million. However, despite the expectations gap, it was
Read MoreFord resumes F-150 Lightning production as July price cuts drive up demand
Ford said it will triple production capacity of its all-electric F-150 Lightning pickup truck following a six-week shutdown to expand and retool its Rouge Electric Vehicle Center. With the factory facelift complete, Ford said it’s scheduled to build more than 70,000 F-150 Lightning trucks in 2023 with production for U.S.
Read MoreElon Musk wants a second chance to fail at X
Looks like Musk’s determined to make the same mistake twice. | Image: The Verge I understand the driving need to prove to people that you are right, which is why I am to some degree sympathetic to Elon Musk’s ill-advised plan to rename Twitter and turn it into his long-dreamed-of
Read MoreMetrowatt Opens First Walk-in Solar Centre In Parkhurst
Solar power and alternative energy specialist Metrowatt is redefining the concept of customer service in the energy sector with the opening of its first walk-in Solar Centre in Parkhurst, Johannesburg. Reflecting Metrowatt’s commitment to resolving domestic energy challenges, the Solar Centre allows consumers to interact directly with energy experts, derive
Read MoreThe Power of QR Code Payments
The QR code payment industry has witnessed a remarkable surge in adoption globally, with estimates projecting a market value of USD$9.98 billion in 2022. South Africa is no exception to this trend, as QR codes gain increasing popularity in the country’s payment landscape. Pieter Roux, President of Payment Strategy at
Read MoreKenya Free Routing Launches Bitcoin Node
Africa Free Routing announces the launch of an innovative lightning payments node based in Nairobi. This milestone marks a significant turning point in Kenya’s financial landscape, introducing a transformative solution for lightning-fast and fee-free transactions. Kenya Free Routing: Empowering the Digital Economy Africa Free Routing’s launch of Kenya Free Routing is
Read MoreMeta Shocks Wall Street with Record-Breaking Q2 2023 Revenue
In an astounding turn of events, Meta, formerly known as Facebook, has once again asserted its dominance in the digital landscape. According to StockApps.com, Meta has exceeded all expectations, surpassing Wall Street projections by an impressive $1 billion. Edith Reads on Meta’s Extraordinary Achievement StockApps financial analyst Edith Reads praised
Read MoreNew Cyber Security Features Protecting Users’ Crypto Assets
Kaspersky, a leading cybersecurity company, has introduced new crypto protection features in its consumer product line, including Kaspersky Standard, Kaspersky Plus, and Kaspersky Premium. These features are designed to cater to the specific needs of cryptocurrency users and offer defense against cryptoscam fraud, cryptojacking, and enhanced protection of crypto wallet
Read MoreConfiAbogado wants to put a tech touch on Latin America’s legal system
ConfiAbogado, a Mexico City-based startup, raised $1.65 million in seed funding to provide better accessibility to legal services across Latin America. Co-founder and CEO Emiliano Ruiz launched the company with his brother, Julián Ruiz, in 2020. Emiliano previously worked at a traditional law firm, while Julián’s background is as an
Read MoreSamsung Galaxy Z Flip 5 review
I will forever have a soft spot for the Galaxy Flip. It’s the device that made me believe that foldables could, indeed, be a viable path forward for the smartphone industry. Respect to the Fold for the tough path it blazed to become the first commercially viable entry, but the
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