Crowdfunding market is slowing down
In recent years, the crowdfunding market has been yo-yoing - with the annual growth rate falling by 6% and 4% in 2020 and 2022 respectively, and then rising to an average of 2,5% for the past two years. However, after a steady increase in 2023 and 2024, the entire...
Virtual reality market to hit $57bn by 2030
Despite the challenges that will limit the adoption of virtual reality (VR) technology, the global VR market is forecast to grow from $11-billion in 2023 to $57-billion by 2030 – with a CAGR of 26% over the period - according to GlobalData. The research group’s latest...
Lazarus rises again … targeting cryptocurrency
Kaspersky’s Global Research and Analysis Team (GReAT) has uncovered a sophisticated malicious campaign by the Lazarus advanced persistent threat (APT) group targeting cryptocurrency investors worldwide. The attackers used a fake cryptogame website that exploits a...
SA needs to address toxic masculinity
The Men’s Foundation of South Africa has issued an urgent call to action on addressing the toxic masculinity that continues to fuel stigma around men's health issues in the country - including mental health and prostate cancer. “Toxic masculinity is one of the most...
Nvidia CEO says India should manufacture its own AI
Artificial intelligence will be the driving force behind India’s digital transformation, fueling innovation, economic growth, and global leadership, Nvidia CEO Jensen Huang said at this week’s Nvidia AI Summit in Mumbai. Addressing a crowd of entrepreneurs,...
Equinix adds to mushrooming SA data centres
Nasdaq-listed digital infrastructure company, Equinix, has opened its first international business exchange (IBX) data centre in Johannesburg, South Africa – JN1 – which it says is a key facility within its global network. Equinix says that the JN1 site is in a...
Young Saffers lead with homegrown environmental tech solutions
Young South Africans who accepted the PachiPanda Challenge have shown that amongst all the dire predictions and reports regarding the climate crisis, by combining technology with passion for the environment, there is still hope for our climate future. Proving that...
Peach Payments makes innovative tech startups list
CB Insights has named South Africa digital payments service provider Peach Payments to its seventh annual Fintech 100, showcasing the 100 most promising private fintech companies in the world. “The 2024 Fintech 100 winners are high-momentum companies shaping the...
Emirates cabin crew to step into the virtual world for safety training
Emirates is extending its immersive virtual training platform MIRA to safety. The airline’s nearly 23 000 cabin crew team, responsible for the safety of millions of travellers every year, will soon be able to complete their recurrent SEP (Safety & Emergency...
Westcon-Comstor boosts profitability
Westcon-Comstor has announced an increase in profitability, alongside strong growth in cybersecurity and an acceleration in its shift to a software, services and subscription-based recurring revenue model. Posting its first-half results for the six months to 31...
Nutanix hosts first Cloud Day in Lagos
Nutanix has successfully held its first-ever Nutanix Cloud Day in Lagos, Nigeria, marking a significant milestone in its commitment to driving digital transformation in West, East, and Central Africa. The event brought together industry leaders, partners, and...
New CTO for Obscure Technologies
Obscure Technologies has announced the appointment of Philip Francis as chief technology officer. Francis brings 15 years of experience in the IT industry to the role having gained expertise in networking, infrastructure and securing the enterprise. “Philip has a...