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Microsoft aims at Apple with high-end PCs, 3D software

Microsoft launched a new consumer offensive on Wednesday, unveiling a high-end computer that challenges the Apple iMac...

28 Oct 2016


Is your website driving away customers?

US consumers in particular are very discerning when shopping online, so much of the global ecommerce research stems from there, but it's more than just a 'Western concern'. Here's why African business should take online shopping cart abandonment into account locally and when selling to an international market...

By Leigh Andrews 7 Oct 2016


Amazon 'Prime' plane takes flight

WASHINGTON - Online giant Amazon unveiled its first branded airplane on Friday, part of what is expected to be a fleet of 'Prime Air' cargo planes...

5 Aug 2016


Estee Lauder eyes millennials with $1.45bn Too Faced buy

SAN FRANCISCO - US cosmetics maker Estee Lauder on Monday snapped up the beauty products brand Too Faced, beloved by the younger demographic, for $1.45 billion in its biggest acquisition to date...

15 Nov 2016


Coca-Cola posts 7% global revenues loss

NEW YORK - The slow global economy and the health-driven turn against sweet sodas dented Coca-Cola sales for the sixth straight quarter, delivering a 28 percent hit to net income, the company reported Wednesday...

27 Oct 2016


PayPal co-founder raises $100m for new payments startup

WASHINGTON - Affirm, a startup led by PayPal co-founder Max Levchin, said on Thursday it secured $100m in financing to expand its consumer lending business that aims to disrupt the credit card industry...

17 Oct 2016


Coke, Pepsi fund health groups ... but fight them too: study

NEW YORK - Coca-Cola and Pepsi have given millions of dollars to health organisations while quietly fighting anti-obesity measures such as taxes on soft drinks...

14 Oct 2016


Amazon seeking 120,000 seasonal workers

SAN FRANCISCO, USA: US online giant Amazon on Thursday announced that it plans to hire 120,000 seasonal workers to help handle an expected crush of holiday shopping...

14 Oct 2016


Amazon launches full on-demand music streaming service in US

NEW YORK - Online giant Amazon launched an expanded on-demand music streaming service in the US on Wednesday, taking on the likes of Spotify and Apple Music with a cut-price offer for users of its Echo speakers...

13 Oct 2016


Amazon launches 'unlimited' reading for Prime members

WASHINGTON - US online giant Amazon on Wednesday launched a new "Prime Reading" programme for US members of its subscription programme, allowing unlimited reading of a rotating selection of e-books...

7 Oct 2016


Amazon bans most 'incentivised' reviews

SAN FRANCISCO - Amazon on Monday banned reviews of products received free or at generous discounts, unless authors have been deemed trustworthy by the online retail giant...

5 Oct 2016


Google smartphone expected at 4 Oct. event

Google late Monday sent out invitations to an event on 4 October, hinting that the internet titan will show off a new smartphone...

21 Sep 2016


Wearable tech market cools, as consumers step back

Wearable tech, which was seeing sizzling sales growth a year ago, is cooling this year amid consumer hesitation over new devices...

16 Sep 2016


Fitbit leads wearables, Apple Watch sales slip: survey

WASHINGGTON - Fitbit extended its lead in the market for connected wearables in the second quarter amid a sharp drop in Apple Watch sales, a survey showed Tuesday...

8 Sep 2016


Wal-Mart shares jump as US stocks flat

NEW YORK - Wal-Mart Stores jumped on Thursday on better-than-expected second-quarter earnings, while the broader market was essentially flat in early trade...

23 Aug 2016


US chicken imports fall foul of quotas

US chicken-in-bone exports to SA have so far neither met expectations nor come near the maximum level allowed for under the quota agreement thrashed out between the US and South African governments earlier this year...

By Linda Ensor 12 Aug 2016


Simons joins Calvin Klein as chief creative officer

NEW YORK - Former Christian Dior designer Raf Simons has been appointed Calvin Klein's new chief creative officer and will debut his first collections for the fall 2017 season, the US label announced on Tuesday...

4 Aug 2016


Amazon ramps up profit with cloud, new services

WASHINGTON - Online giant Amazon said on Thursday profit in the second quarter surged ninefold as cloud computing and other services helped produce a fifth consecutive profit...

1 Aug 2016


Big electronics makers to merge in $15bn deal

Electronic component maker Analog Devices announced a deal on Tuesday to buy rival Linear Technology for $15 billion...

28 Jul 2016


McDonald's franchise spinoffs tamp down earnings

NEW YORK - McDonald's' "All-Day Breakfast" fueled firm sales gains in the second quarter despite weak growth across the fast food industry, the company reported Tuesday...

27 Jul 2016

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