NEWS

Robots will make life grim for the working class

By Noah Smith for The Star  Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared: The spread of computers and the Internet will put jobs in two categories. People who tell computers what to do, and people who are told by...

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Calls for Facebook to be split up increasing

By Diamon Naga Siu for Mashable Facebook may have grown to a point where it’s too big for its own good. Or anybody’s, for that matter. The largest U.S. media and communications labor union, Communications Workers of America, is adding fuel to that point of...

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Edcon is shutting down more brands

Source: IOL  Edcon Holdings said on Thursday that it will be closing three of their chains: Boardmans, Red Square and La Senza lingerie. This is the latest strategy to save the company after dwindling sales and profits. By shutting down the other chains they hope to...

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VBS executives may have stolen 75% of its assets

By Warren Thompson for Business Day  The South African Reserve Bank painted a grim picture on Monday that suggests as much as 75% of VBS Mutual Bank’s assets may have been stolen by its executives and directors. “It’s a travesty that the failure of management...

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Business confidence worse than in 2017

By Asha Speckman for TimesLive The economy was unlikely to shake off anaemic growth in the second quarter of this year‚ economists said on Tuesday after a dip in the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index confirmed their...

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Sitting is the new smoking

Recently it was widely reported in the media that all employees at Apple’s new spaceship-style headquarters in Cupertino, California would be getting desks that give them the option of working sitting or standing – a trend that is rapidly catching on in South...

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Bullet journalling drives stationery sales

By Tori Linville for Gifts and Dec A journal is one of the most personal items someone can own, and the trend of bullet journals skyrocketed in the past year, driving sales of traditional stationery supplies like writing instruments and notebooks, according to The NPD...

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Facebook glitch unblocked your blocked list

By Emily Price for Fortune If you’ve ever blocked anyone on Facebook, the social network may have accidentally “unblocked” that person on your behalf. A bug that was live between May 29 and June 5 allowed blocked users to see the profile pages of people that blocked...

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Third-party developers are reading your Gmail

By Phoebe Weston for MailOnline Your private emails are being read by third-party Gmail app developers, an investigation into data privacy has revealed. Developers behind a number of popular online services designed to work with Gmail trawl through private messages...

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Sony blunder sees entire movie uploaded to YouTube

By Eve Buckland for MailOnline  Sony Pictures accidentally uploaded an entire film to YouTube, instead of the trailer on Tuesday. A clip labelled ‘Khali the Killer: Official Red Band Trailer’ made its way onto the video sharing site, but when unsuspecting...

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Capitec faces Reserve Bank probe

By Roxanne Henderson and Antony Sguazzin for Business Day The Reserve Bank has written to the National Credit Regulator requesting a probe of loan-origination fees charged by Capitec, according to a person familiar with the matter. The referral came after the issue...

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