Meta’s GenAI and metaverse could merge soon
Mark Zuckerberg, CEO of Meta Platforms, recently disclosed plans regarding the development of generative AI (GenAI), with a specific emphasis on creating AI assistants tailored for businesses and content creators. With Meta's main focus on the metaverse and a...
AI will drive massive growth for edge computing
The global edge computing market size is expected to reach $155,9-billion by 2030, and is expected to expand at 37,9% CAGR from 2023 to 2030, according to a new report by Grand View Research. Artificial intelligence (AI) integration into the edge environment is...
Maths, science passes down for matric class of 2020
South Africa's 2020 matric cohort recorded a 1,1 percentage point decline from 2019 - but the drop in absolute mathematics and physical science passes over five years has been more pronounced. Percentages hide the fact that the number of matric passes in these two...
5% drop in global smartphone sales
Global sales of smartphones to end users declined 5,4% in the fourth quarter of 2020, according to Gartner. Smartphone sales declined 12,5% in full year 2020. "The sales of more 5G smartphones and lower-to-mid-tier smartphones minimised the market decline in the...
Research confirms music is a must for young drivers
A new study by Ben-Gurion University of the Negev (BGU) researchers resulted in a nearly unanimous response: driving is "absolutely impossible" without music. "To young drivers 18-29 years old, music in the car isn't just entertainment, it's part of their autosphere...
Surge in bitcoin addresses holding $1m or more
The current bitcoin wave has attracted more millionaires as the asset continues to surge. Data from Finbold indicates that at least 109 952 addresses each have a bitcoin balance of about $1-million as of February 22, 2021. About 9 200 of the addresses each have a...
Mustek updates trading statement
Mustek has issued an updated trading statement for the six months ended 31 December 2020, following the earlier announcement that headline earnings per share and basic earnings per share were expected to be at least 135% higher than the corresponding period last year....
Ecommerce Day set to boost online sales in SA
Online retail industry players, including PayFast, bidorbuy, PriceCheck, uAfrica, xneelo and Lulalend, are getting behind a new initiative to support the growth of South Africa's ecommerce industry. Ecommerce Day, which will take place on 10 March 2021, aims to grow...
SA lawyer takes up fellowship the WEF’s Centre for the Fourth Industrial Revolution
Ashlin Perumall, a senior associate in Baker McKenzie's Johannesburg practice, has taken up the role of Fellow at the World Economic Forum's (WEF) Centre for the Fourth Industrial Revolution (C4IR) in San Francisco. As part of his C4IR Fellowship, Perumall has joined...
China’s electric vehicle sales to grow 50% in 2021
New research from Canalys shows that a record 1,3-million electric vehicles (EVs) were sold in China in 2020. But year-on-year growth was modest at only 8%. In comparison, worldwide sales of EVs rocketed by 39% in 2020. In a new digital report, Electric vehicle...
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