IBM concedes patent filing leadership
After 29 years of dominating patent acquisition, IBM finds itself at a crossroads as its patent filings plummeted by nearly 60% in just two years. According to Stocklytics.com, the decline comes as tech giants such as Samsung and TSMC pivot their focus towards...
Dominated by Open AI and Meta, GenAI races past $66bn
The generative AI market exceeded the $66-billion mark, with Open AI and Meta AI flagging their dominance with 56% market share. This is according to Stocklytics financial analyst Edith Reads, who comments: "The start of Chat GPT in 2022 was the first plunge into...
Samsung opens doors for SA students
For the third consecutive year, Samsung has awarded bursaries to the Gauteng Department of Education which, this year, will see 30 students benefit to the tune of R2,7-million. Since inception, a total of R21-million has been donated by Samsung though this programme...
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
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 that...
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, vice-chancellor and...
Working from home hasn’t made the office redundant
After more than a year in which millions of office workers around the globe were forced to work from home for months and did so (mostly) successfully, businesses are faced with the question of whether 2021 heralds the end of the physical office. Downscaling or even...
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