Search results for "COVID-19 "

The Shift in HR and Digital Recruitment Strategies

The spread of coronavirus which has pushed lockdowns measures to many parts of the world, has changed the way we live and work. As a result of staying home for the purpose of staying safe, people have immersed themselves in remote work life – a subsequent springboard for the growth of certain technologies, enabling a […]

Noel Moukheiber: A Leadership Promoting Innovation

Payment gateways have become the backbones of the incipient cashless economy, playing an indispensable role in connecting the financial world with consumers. Yet to guarantee the success of such a central division in the economic sphere, having a distinctive sense of leadership is crucial. Noel Moukheiber’s leadership skills are the fuel driving his team’s transformation […]

Foxconn Unit Invests $500 Million in India Affiliate

Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday that its Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million. The announcement of a $500 million injection into its India unit comes after Reuters reported last month that Apple supplier Foxconn plans […]

Recession Worries Could Support Dollar After Monstrous 2022 Rally

A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. Though the greenback has stumbled in recent weeks, recession worries may keep it elevated in 2023. At its September peak, the dollar stood at its highest level in nearly two decades after […]

MyMonty: A Banking Arm for the Underserved

“MyMonty is a life project. Building a bank is a very complex endeavor. It will become the flagship of the Monty Finance brand. This means added responsibility while focusing on the team’s passion and accepting challenges wholeheartedly,” Cesar Jabr, Deputy CEO, Monty Holding What is MyMonty’s scope of activity? The financial company’s sole focus is […]

How South African Startups Can Reach Global Markets

It was the Africa Tech Festival 2022 that triggered the conversation surrounding startups expanding to the global market. Managing partner at HAVAIC, Ian Lessem, led the discussion on the first day of the three-day event. A startup develops a unique product or service that becomes irreplaceable for consumers. However, many need help to hit the […]

Cloud Computing in South Africa Aims to Overcome Legacy Challenges

In 1963, DARPA (the Defense Advanced Research Projects Agency) funded MIT’s Project MAC on the condition that the developers create a technology allowing for a “computer to be used by two or more people, simultaneously.” And thus, the first pillar of cloud computing was placed. Cloud computing refers to the delivery of computing services (i.e., […]

Behind Foxconn’s China Woes: Mistrust, Miscommunication, COVID Curbs

When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky. Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 […]

Wall Street Ends Down Sharply, Hit by Apple and China Worries

U.S. stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic growth, while Apple Inc slid on worries about a hit to iPhone production. Shares of the Cupertino, California tech giant lost 2.6 percent and weighed heavily on the benchmark S&P 500 index as worker […]

Many Shoppers Can’t Find Apple’s Latest iPhones on Black Friday

Many shoppers looking for Apple’s latest high-end phones returned empty handed from its stores this Black Friday as the technology company struggles with production snafus in China. Among them were Sally Gannon and her son Michael, who were visiting an Apple store in Bethesda, where they found no iPhone Pros in stock. Similarly, Abisha Luitel […]