eBay to cut 7 percent of workforce - USA
23/01/2015 - 10:22
E-commerce giant eBay will slash 2 400 jobs - seven percent of its workforce - in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said Wednesday.
PC market faces eighth consecutive quarterly slump
11/04/2014 - 09:38
Global personal computer shipments fell in the first three months of 2014, the eighth straight quarter of decline, although the industry got a boost from companies replacing aging computers, according to two market research firms on Wednesday.
2013 set to be the PC market’s worst year
11/12/2013 - 10:09
2013 is set to be the PC market’s worst year on record, finds new data from the IDC, with PC shipments expected to fall by 10.1%.
Emerging markets boost Nivea firm
08/08/2013 - 09:01
Frankfurt - German cosmetics group Beiersdorf said on Wednesday that strong demand for its Nivea hand cream and Labello lip balm in emerging markets lifted its second quarter sales and profits.
Estee Lauder eyes buoyant Africa demand
06/08/2013 - 08:58
Johannesburg - Estee Lauder plans to expand its presence in sub-Saharan Africa by rolling out its $1bn brands, Clinique and MAC, to tap into strong demand for luxury cosmetics among the region's middle class, a company executive said on Wednesday.
BRIC countries dominate smart device growth
25/06/2013 - 08:26
According to the International Data Corporation (IDC) Worldwide Quarterly Smart Connected Device Tracker, global shipments of smart connected devices (PCs, tablets, and smartphones) are expected to surpass 1.7 billion units by 2014, with roughly 1 billion units delivered to emerging markets.
R37m coconut boost for small farmers
24/06/2013 - 10:47
Cape Town – A high degree of interest in the medical and health benefits of coconut oil has led to a joint venture worth $4m (about R37m) between Agri-Vie and Vida Oils International.
India: P&G to set up its biggest India plant in Andhra Pradesh
11/06/2013 - 10:10
FMCG major Procter & Gamble (P&G) India is enhancing its manufacturing capabilities and expanding its footprint by setting up its largest plant at Kothur Mandal in Mahaboobnagar district of Andhra Pradesh. The company will be investing R370 crore in the plant through Procter & Gamble Home Products.
Tablets spur smart connected device growth
08/04/2013 - 09:30
According to the International Data Corporation (IDC) Smart Connected Device Tracker, worldwide shipments of smart connected devices grew 29.1% year over year in 2012, crossing 1 billion units shipped with a value of $576.9 billion.
Local P&G plant seen as vote of certainty
18/03/2013 - 10:11
International consumer goods manufacturer Procter & Gamble (P&G), which plans to build a state-of-the-art R1.6 billion manufacturing plant in Gauteng, is positioning itself to capture growth in Africa as the slowdown in developed markets continues.
Worldwide tablet sales soar
01/02/2013 - 08:08
Washington - Worldwide tablet sales jumped in the fourth quarter beyond even some of the most optimistic forecasts to 52.5 million, with Android-powered devices pacing growth, a survey showed on Thursday.
Retailers to Spend $55bn Annually on Mobile Marketing by 2015, Juniper Report Finds
25/01/2013 - 11:39
Hampshire, UK – 23rd January 2013: As retailers increasingly utilise mobile devices as a touchpoint on each stage of the retail lifecycle, a new report from Juniper Research has found that annual spend by retailers on mobile marketing will reach $55bn, almost double the $28bn level expected this year.
Steve Jobs threatened patent lawsuits
23/01/2013 - 09:27
Apple co-founder Steve Jobs threatened to file a patent lawsuit against Palm if that company’s chief executive didn’t agree to refrain from poaching Apple employees, according to a court filing made public on Tuesday.
Gadget sales to reach $666bn in 2013
14/01/2013 - 07:28
Stamford - Worldwide spending on devices such as mobile phones, tablets, printers and PCs will reach $666bn in 2013, according to market research firm Gartner.
Intel adapts to smartphone generation
11/12/2012 - 09:38
Intel presented new manufacturing technology that it said keeps it on track to launch a new generation of chips for smartphones and tablets as it rushes to catch up with Qualcomm and other rivals in the fast-growing mobile market.
SA IT spend up 7.1% in 2011
31/10/2012 - 08:22
Overall IT spending in South Africa increased 7.1% year on year in 2011 to total $12.91 billion, according to the latest figures from ICT research group, IDC.
Apple loses appeal against Samsung
19/10/2012 - 08:28
Apple Inc lost its appeal of a ruling that its rival Samsung‘s Galaxy tablet computer did not copy Apple’s registered tablet designs in a British court on Thursday.
Revlon to cut 250 jobs
06/09/2012 - 08:40
New York - Makeup company Revlon Inc. said it is cutting 250 jobs, or about 5% of its workforce, and is closing two plants in a broad restructuring as it seeks to cut costs.
L'Oreal shares drop as results disappoint
30/08/2012 - 08:19
Paris - Shares in L'Oreal, the world's leading cosmetics company, fell sharply in midday trading on Wednesday, a day after it released first-half results that disappointed investors.