Epic Games has announced a sweeping reduction in workforce, cutting more than 1,000 employees. In a memo, CEO Tim Sweeney attributed the decision to a significant downturn in Fortnite engagement that began in 2025. This decline has resulted in the company spending substantially more than it earns, necessitating drastic measures to maintain financial stability. Read:…
The latest job market data points to renewed growth in tech hiring, spurred by cloud and artificial intelligence adoption. Demand for tech professionals in South Africa surged in the second half of 2025, signalling a positive turnaround for the sector. This is according to Pnet’s Job Market Trends Report for November 2025, which shows signs…
Tesla’s shares took a hit on Thursday, slumping despite the automaker reporting a record quarter for global vehicle deliveries. The company delivered 497,099 vehicles worldwide in the most recent quarter, a 7.4% increase year-over-year, and a figure that significantly beat the Bloomberg consensus analyst estimate of ∼439,600. Read: Sony ULT Field 5 Review: ULTimately Based…
Capital Appreciation’s payments division showed strong growth in the year ended 31 March 2025, leading to overall growth for the group despite challenges in its software division. According to JSE-listed Capital Appreciation’s annual results on Tuesday, terminal sales grew 41% year on year, with payments-related income up 19% compared to the previous year, driving group…
