Uber pledges to double Black leadership at company by 2025

Uber pledged to double Black leadership by 2025, becoming the latest tech company to answer national calls for racial and economic justice with measurable goals. Source

Tech News: Augmented organisations, augmented collaboration and AI

To succeed in a changed world, leaders need to create “augmented organisations” and “augmented collaboration”, says Professor Louis Fourie. Source

The Infonomist: US tech firms, unlike China's, get unequal treatment for security woes

The White House recently hinted at the possibility of taking action against Chinese firm TikTok, once again flagging it as a security risk. Source

Total signs $14.9bn debt financing for huge Mozambique LNG project

Total has signed a $14.9 billion senior debt financing agreement for its massive liquefied natural gas (LNG) project in Mozambique. Source

KZN businesses in demand of skills, survey reveals

A survey conducted by the Moses Kotane Research Institute has revealed that businesses in KwaZulu-Natal are in demand of skills. Source

WhatsApp launches new features to connect businesses with people

WhatsApp is introducing new features to allow people to chat with businesses on WhatsApp and see what goods and services they offer. Source

British Airways is grounding its fleet of 747 jets for good

British Airways is retiring its entire fleet of the jumbo jets with immediate effect because of the damage the coronavirus has done to air travel. Source

India's Reliance seen emerging as bigger threat for US firms like Amazon, Walmart

A $20 billion fund raising spree may take India’s Reliance closer to its dream of becoming a digital giant, further threatening the ambitious plans US companies like Amazon, Walmart and Zoom have for India. Source

OPINION: Why youth employment matters post Covid-19

53 percent of South African youth are unemployed, 31 percent are graduates, post Covid-19 the stats will be staggering high. Source

Kanye West goes from 'broke' to billions with Yeezy

Kanye West was swimming in debt four years ago after pouring money into his fashion company, Yeezy. This has changed. Source

TFG’s R3.95 bn rights issue with a discount tag of 40.6%

Retailer TFG priced its R3.95 billion rights issue at a 40.6 percent discount yesterday as it pressed ahead with plans to reduce debt to cope with the coronavirus crisis. Source

Netflix names content chief Ted Sarandos co-CEO, forecasts weaker growth

Netflix elevated its content chief Ted Sarandos to co-Chief Executive, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings. Source