Crypto scam victims seldom recover losses
A new BanklessTimes.com report details the havoc that scammers continue to wreak on the cryptocurrency sector. The site has presented data indicating that crypto investors lost $667-million to different scams in the first half of 2023. It also highlights the...
PayShap nears 1m transactions
PayShap, the low-value real-time interbank digital payments service, has shown a robust market uptake since its launch in March this year, having recorded more than 800 000 transactions with a settlement value in excess of R660-million. "In the first few months of its...
IDC revises IT spend forecasts down
The escalating coronavirus crisis is already impacting IT markets as buyers and vendors adjust to a new set of assumptions and a new global economic reality. Based on data indicators in the first quarter, International Data Corporation (IDC) expects to see a...
Quantum computing tipped to add competitive advantage
Improved AI capabilities, accelerated business intelligence, and increased productivity and efficiency were the top expectations of organisations currently investing in cloud-based quantum computing technologies. This is among the findings from an International Data...
New energy vehicles sales grow by 50%
According to the latest research from Canalys, 160 000 new energy vehicles (NEVs) were delivered to customers in Europe in Q4 2019, a 52% increase over the previous year. Despite the growth, NEVs still only represented 4,4% of the 3,7-million cars delivered in Q4...
Latest oil demand fall the worst in history
World for the first quarter of 2020 is expected to decline by the largest volume in history - even exceeding the declines during the 2009 financial crisis. IHS Markit vice-presidents Jim Burkhard and Dan Evans, and executive director Das Premasish offer this...
Watson gets better language understanding
IBM has announced a number of new IBM Watson technologies designed to help organisations begin identifying, understanding and analysing some of the most challenging aspects of the English language with greater clarity, for greater insights. The new technologies...
Modest growth for enterprise WLAN
Worldwide revenues in the combined consumer and enterprise wireless local area network (WLAN) market segments declined 6,5% year over year in the fourth quarter of 2019 (4Q19) and fell 3,9% for the full year. According to results published in the International Data...
ITU postpones key conferences at Covid-19 spreads
Given the global Covid-19 outbreak, the International Telecommunication Union (ITU) and its partners have decided to postpone the dates for the upcoming World Information Society (WSIS) Forum (originally in April and now from 31 August to 4 September 2020), as well as...
Poor planning leaves companies unprepared for virus impact
Just 12% of more than 1 500 respondents believe their businesses are highly prepared for the impact of the novel coronavirus, while 26% believe that the virus will have little or no impact on their business. This is the shocking finding from a Gartner business...
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