Amazon becomes the 2nd US company to join the $1 trillion club (AMZN)

It’s official: Amazon is the second US company to achieve a valuation of more than $1 trillion. Shares of the e-commerce giant gained about 2% in trading on Tuesday to hit an all-time high of $2,050.27. Multiplied by the number of shares outstanding (487,741,189), that puts the company’s book value just over the same symbolic milestone that Apple […]

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Tbo Touch to become a player in the video-on-demand market

  HD is set for launch in October – an expansion of Tbo Touch’s existing Touch HD online radio station – and will compete with rival services like Naspers’ Showmax , Netflix, Amazon Prime Video and DEOD in a field that has already seen VIDI, Altech Node, MTN’s VU and PCCW Global’s ONTAPtv.com bail out […]

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How South Africans are making Airbnb work for them

The global hosting platform, which was founded 10 years ago, this week released data showing that there are now 4,85 million listings on Airbnb in more than 191 countries across the world. In South Africa, the tourism capital of Cape Town received about 350 000 Airbnb guests from over 150 countries, earning each host about […]

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