PayPal payment volume set to triple

PayPal is expecting to maintain an upward trajectory in 2021 and beyond following an epic 2020. Based on its projections, the total payment volume for 2021 is set to increase by a high 20% range. Earnings per share (EPS) during the year are expected to rise at a 22%...

YouTube, Facebook dominate US social media

Despite a string of controversies and the public’s relatively negative sentiments about aspects of social media, roughly seven-in-ten Americans (72%) say they ever use any kind of social media site, according to a new Pew Research Center survey. This share has...

LinkedIn breach exposes user data

In another high-profile data breach this week, security company Acronis reports that over 500-million LinkedIn users’ personal info is being sold on the dark web. This follows the personal data of over 500-million Facebook users being posted online in a low-level...
Global IT spend set for 2021 recovery, growing to $4trn

Global IT spend set for 2021 recovery, growing to $4trn

Worldwide IT spending is projected to total $4,1-trillion in 2021, an increase of 8,4% from 2020, according to the latest forecast by Gartner. The source of funds for new digital business initiatives will more frequently come from business departments outside IT and...

Energy efficiency vital for vaccine rollout

As South Africa is preparing for a broad roll-out of the country’s vaccine programme, energy efficiency is one of the factors to consider, according to the South African National Energy Development Institute, (SANEDI). Energy is crucial to operate cold chains...

AI, automation touted as the solution for SA

South Africa’s only option for addressing poverty and poor economic growth is to embrace 4IR technologies such as automation and artificial iIntelligence (AI), to make the country more competitive. This is according to Professor Tshilidzi Marwala,...