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Dear reader

The scientific community was abuzz this week with the news of two breakthroughs: IBM scientists have unveiled critical advances towards the realisation of a practical quantum computer, demonstrating a new, square quantum bit circuit design; and Elon Musk’s Tesla has launched Tesla Energy, a suite of batteries for homes, businesses and utilities, fostering a clean energy ecosystem and helping wean the world off fossil fuels. Tesla is already working with utilities and other renewable power partners around the world to deploy storage on the grid to improve resiliency and cleanliness of the grid as a whole.

Also making headlines this week is the extent to which South Africans are embracing digital banking technology. Recently-released Standard Bank statistics show that customers conducted digital transactions worth more than R4,5-billion a month using bank-driven Internet and mobile banking applications during 2014. Meanwhile, FNB has emerged as the top Internet banking service provider in Columinate’s fourth annual Internet Banking SITEisfaction survey, with Standard Bank in second place. FNB scored 75 out of a maximum of 100 points.

And finally, Telkom has launched its R100-million FutureMakers fund – a programme that aims to help entrepreneurs to build successful businesses. The programme will target about 100 Internet cafes in the townships, with about 1 000 entrepreneurs impacted.

Until next week,

The IT-Online team