Roblox shares surge 60% on first day of trading after lockdown gaming boom | Business

Shares in Roblox, the virtual gaming world that has proved to be a lockdown winner with hundreds of millions of mostly young players, have surged 60% valuing it at $47bn after an investor frenzy on its first day of trading on the New York stock exchange. Roblox may not have Continue Reading

Elon Musk’s Behaviour Labelled ‘Criminal’ Post Bitcoin Price Surge – Tempemail

Elon Musk has been accused of manipulating the price of Bitcoin by economist Nouriel Roubini. In an interview with CoinDesk, Roubini says that it’s “criminal behaviour” for Musk to take an individual stance on the crypto. This comes after Tesla invested $1.5 billion into the cryptocurrency, causing Bitcoin to reach Continue Reading

GameStop shares surge again as Robinhood restores trading | GameStop

Shares in companies including videogame retailer GameStop soared again on Friday, as an army of small investors taking aim at Wall Street regained access to amateur share trading platform Robinhood. The app, weaponised by activist small investors to trap hedge funds in a “short squeeze” that has cost them $20bn Continue Reading

Facebooks Warns of ‘Significant Uncertainty’ Despite Surge in Usage – Tempemail

Facebook reported its financial results for the quarter and full-year ended December 31, 2020. The social media company revealed that it’s seen an increase in usage, proving that it could thrive despite the COVID-19 pandemic. Here’s a closer look at the full-year highlights: Facebook daily active users (DAUs) – DAUs were Continue Reading

How COVID-19 could cause a Surge in QR Code Scams – Tempemail

Sourced from Forbes The COVID-19 pandemic has forced organisations all over the world to rethink the way they interact with their consumers. For instance, restaurants have opted to use QR codes so that customers can browse menus on their phone or make contactless payments without risking possible transmission. And now, Continue Reading

Coronavirus drives surge in support for unionisation, say games industry activists | Games

Worker strikes, let alone successful ones, are vanishingly rare in the video games industry. But in August, writers at Lovestruck, a mobile app that publishes visual romance novels, went on a 21-day strike, accusing the company of unfair pay, and won a rates increase after owner Voltage initially dismissed their Continue Reading

Bolt Expects Surge in Demand as South Africa Returns to Work | Tempemail

South African ride-hailing platform, Bolt says that demand for its ‘Isolated Car’ service has soared as people across the country look to get to and from work safely. Bolt’s ‘Isolated Car’ service – which was first launched in March 2020 – includes physical protection measures installed between the front and Continue Reading

Colocation data services provider sees surge in online services- Tempemail

Read Article With the unprecedented pandemic and the mandatory lockdowns in place, all industries and business houses have been compelled to migrate to digital domains. This has skyrocketed the demand for data centres all over the globe with the sector serving as an essential backbone of the new, digitally enabled Continue Reading

Use of Cloud Collaboration Tools Surge Across the World and So Do Attacks | Tempemail

The COVID-19 pandemic has pushed companies to adapt to new government-mandated restrictions on workforce movement around the world. The immediate response has been a rapid adoption and integration of cloud services, particularly cloud-based tools such as Microsoft Office 365, Slack and other video conferencing platforms like Zoom. A new report Continue Reading