Pandemic boosts Zoom revenue growth by 169%

Data obtained by Buyshares.co.uk indicates that revenue for video communication platform Zoom grew by 168,85% by the first quarter of the fiscal year 2021. During this period the revenue stood at $328-million. During the first quarter of the fiscal year 2020, the...
SA vulnerable to social unrest

SA vulnerable to social unrest

South Africa has been flagged as highly vulnerable to social unrest in the next 18 months or so. This is according to the Social Risk Index (SRI) from Euler Hermes and Allianz, which gives South Africa a rating of 41.1. This places the country 79th out of 102...

PonyFinal presents new ransomware threat

Even though ransomware attacks are a constant risk in the digital landscape, a new type of malicious software based on the Java programming language has been discovered in the wild. Dubbed PonyFinal, it sees hackers gain access to a company’s system via a brute...

Business confidence in IT spend declines, despite lockdowns easing

Business confidence levels declined in the last week of May, according to the latest update to the IDC Covid-19 Tech Index. IT buyers in the US, Western Europe, and some parts of Asia/Pacific indicated that they now expect total IT spending to decline by more than...

Pandemic accelerates a new tech age

Covid-19 has accelerated the inevitable: before the pandemic, the world had been moving on an unavoidable path toward a new digital age, despite many businesses failing to invest in the requisite technologies. However, as the Covid-19 meteor hit global markets,...

SA consumers embrace contactless payment

As a result of the Covid-19 outbreak, the adoption of digital and contactless payments is increasing at a rapid rate. With heightened awareness around hygiene and safety, more individuals are turning to these solutions as they look to avoid the handling and exchange...