Regional mobility spend to top $185bn

Annual spending on mobility across the Middle East, Turkey, and Africa (META) is expected to reach $185-billion by 2019, according to IDC’s new “Mobility Spending Guide”. This represents a 10,2% share of worldwide enterprise and consumer spending on...

IRR warns about stressed economy

The South African Institute of Race Relations (IRR) has warned that if the Rand and oil prices remain at their current levels motorists could expect a fuel price hike of 41 cents per litre in April. On top of that the increase in the fuel levy announced by the finance...

Grotech raises R62m for tech innovation

GroTech, a Section 12J Venture Capital Company which will invest exclusively in disruptive technology opportunities, has  attracted R62-million in its first round of capital raising. Of this amount, Caleo Capital, a wealth and asset management business, has invested...

US leads in industrial semiconductors

The industrial semiconductor market will post an 8% compound annual growth rate (CAGR), as revenue rises from $43,5-billion in 2014 to $59,5-billion in 2019. Increased capital spending and continued economic growth, especially in the US, will spur demand and...
Exploding star caught on camera

Exploding star caught on camera

The brilliant flash of an exploding star’s shockwave – what astronomers call the “shock breakout” – has been captured for the first time in the optical wavelength or visible light by NASA’s planet-hunter, the Kepler space telescope. An international...

Intel’s Andy Grove dies

Intel’s former CEO and chairman Andrew Grove passed away yesterday (21 March) at the age of 79. Present at Intel’s 1968 founding with Robert Noyce and Gordon Moore, Andy Grove became Intel’s president in 1979 and CEO in 1987. He served as chairman of...