Buyout offer for Multichoice
French media company Group Canal+ has made an offer to buy out MultiChoice. The company has received a letter indicating its high-level non-binding intention to acquire the remaining ordinary shares in MultiChoice that it does not currently own, excluding any treasury...
WLAN vendors headed for rocky waters
According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, sales of WiFi 7 Access Points (APs) will reach nearly three quarters of total APs...
Mixed results for Ethernet switch and router markets
The worldwide Ethernet switch market recorded revenues of $7,5-billion in the fourth quarter of 2020 (4Q20), a decline of 1,4% year over year. For the full year 2020, the market recorded $27,8-billion in revenue for a year-over-year decline of 3,5%. Meanwhile, the...
Asteroid set to skim past Earth on 21 March
The largest asteroid predicted to pass by our planet in 2021 will be at its closest on 21 March, providing astronomers a rare opportunity to get a good look at a rocky relic that formed at the dawn of our solar system. Called 2001 FO32, the near-Earth asteroid will...
Bitcoin price hits new record high
As bitcoin hits all-time price highs, regulation must now become a major priority for financial watchdogs. This call to action come from Nigel Green, chief executive and founder of deVere Group, a as the price of bitcoin hit a new record high, surging past $61 000 on...
After a tough year, African growth looks positive in 2021
Despite the challenging backdrop of a global pandemic and external economic shocks, Africa is expected to recover from its worst recession in half a century and reach 3,4% growth in 2021, the African Development Bank says in its 2021 African Economic Outlook report....
Nobel laureate urges more action on African debt
Nobel laureate Joseph E Stiglitz has called for a comprehensive global plan to help countries cope with mounting debt that has been compounded by the Covid-19 pandemic. Stiglitz, a recipient of the Nobel Memorial Prize in Economic Sciences in 2001, was speaking on...
Covid-19 drives new self-service initiatives
Customer service and support leaders are accelerating self-service initiatives to mitigate potential negative impacts of the Covid-19 pandemic, according to Gartner. More than 40% of customer service and support leaders have experienced increased service contact...
Enterprise external OEM storage revenue declines
According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Storage Systems Tracker, global market revenue for enterprise external OEM storage systems declined 2,1% year over year to $7,8-billion during the fourth quarter of 2020 (4Q20). Total...
Precision agriculture market to reach € 3,7bn
According to a new research report from the IoT analyst firm Berg Insight, the global market for precision agriculture solutions is forecasted to grow from € 2,7-billion in 2020 at a compound annual growth rate (CAGR) of 6,8% to reach about € 3,7-billion in 2025. A...
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