Microsoft pumps up AI investments with $1,5bn into G42
Microsoft has announced a $1,5-billion strategic investment in UAE-based artificial intelligence (AI) technology holding company G42. As part of the partnership, Brad Smith, vice-chair and president of Microsoft, will join the G42 Board of Directors. Building on the...
Tesla decimates global workforce
Elon Musk's Tesla is shedding 14 000 jobs, about 10% of its global workforce. The news comes amid a flagging market and increased competition from China. Hours after Musk made the announcement in a mail to employees, two senior executives resigned from the company....
Inkjet, colour lasers drive regional printer growth
The overall Middle East and Africa (MEA) hardcopy peripherals (HCP) market posted growth in both units and value in FY2023, according to the latest insights from International Data Corporation (IDC). The technology research and consulting firm's Worldwide Quarterly...
WiFi 7 market hits $1bn before launch
The WiFi 7 market has already reached $1-billion, well ahead of its May 2024 launch. Projected to reach $24,2-billion by 2030, WiFi 7 represents a transformative shift in wireless technology, demanding exploration by IT professionals. These are among the findings of...
Intel, Ubisoft collaborate on 2024 Star Wars Outlaws
Intel is the exclusive CPU launch partner for the much-anticipated game Star Wars Outlaws, releasing in 2024. Both Intel and Massive Entertainment - a Ubisoft Studio - have been hard at work behind the scenes to ensure PC gamers get the best possible experience at...
Crypto exchange VALR gets regulatory CASP license
VALR, the Pantera-backed crypto exchange headquartered in Johannesburg, announced that it has been granted both a Category I and Category II license by the Financial Sector Conduct Authority (FSCA) of South Africa as a Crypto Asset Service Provider (CASP). The FSCA...
How Meta is preparing for SA elections
Over many years, Meta has developed a comprehensive approach to elections on our platforms, writes Balkissa Ide Siddo, public policy director: sub-Saharan Africa at Meta. But we know that no two elections are the same. That's why our team is developing a tailored...
How GenAI could shape the future of work in SA
It's no secret that generative AI has the potential to revolutionise life as we know it. From being adopted by people to automate mundane tasks, to solving complex problems in a fraction of the time, it could make a big difference to how people interact with the...
Paratus Express Route from Johannesburg to Europe goes live
Paratus Group has launched what it believes to be the fastest fibre express route from Johannesburg to Europe. Using Infinera FlexILS and GX Series DWDM equipment, latency on the new route is just 123 milliseconds and the Infinera equipment can support wavelengths of...
MTN MoMo expands remittance services to 25 new wallet corridors
MTN MoMo, MTN's mobile money app, has significantly expanded its international remittances capabilities with the launch of 25 new wallet corridors across 10 new countries . With this expansion, MoMo users can now send money to over 200-million wallets operated by 39...
Seacom launches LEO satellite service for enterprise clients
Seacom has launched its new low earth orbit (LEO) satellite service for enterprise clients, complementing existing terrestrial broadband infrastructure and technologies. The launch comes after a two-year process of consultation with industry partners. During that...
Collboration redefines the ICT landscape
In a paradoxical twist, our journey into the future starts with a retrospective glance at innovation's history - a lesson in the timeless art of collaboration, writes Tholo Lerotholi, co-founder of Merge X. Think Thomas Edison, popularly known as the father of...