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Moving SA point-of-sale into a smarter future
The digitalisation of the modern world economy is being driven rapidly by a shift from traditional payment methods. Fatima Khota, Business Unit Manager in Rectron’s Point-of-Sale (POS) Division looks at how retailers in the formal and informal sector are adopting smart innovations to better serve customers anywhere in the world, in-store or on the streets. According to recent
Anthropic researchers uncover a novel method to coax a large language model (LLM)
Researchers at Anthropic have uncovered a novel method to coax a large language model (LLM) into providing answers to questions it's not meant to answer. Dubbed "many-shot jailbreaking," this approach involves priming the LLM with numerous harmless queries before posing a sensitive question, such as how to construct a bomb. The vulnerability arises from the
Thrive Market co-founder, talks about the journey of building a billion-dollar grocery company
Thrive Market, the billion-dollar e-commerce powerful force that revolutionized online grocery delivery, continues to soar. Founded in 2014, long before the pandemic normalized the concept of buying food online, Thrive Market's foresight and adaptability have positioned it as a standout player in the industry. Co-founder Nick Green recently shared insights into the company's journey and
Open source foundations collaborate for EU’s Cyber Resilience Act
Seven prominent open source foundations have announced their collaboration to establish common specifications and standards in preparation for Europe's Cyber Resilience Act (CRA), recently adopted by the European Parliament. This move aims to align existing security best practices in open source software development and ensure readiness for the new legislation, which is set to take
AWS showcases new service for cloud-based rendering projects
Amazon has rolled out a new service called Deadline Cloud, aimed at enabling customers to establish, deploy, and scale graphics and visual effects rendering pipelines on AWS cloud infrastructure. Timed for the upcoming National Association of Broadcasters conference in Las Vegas, the service targets the media and entertainment industry. According to Antony Passemard, AWS General
Telegram reveals business features and revenue-sharing
Telegram, in a bid to compete with messaging app rivals WhatsApp and Messenger, has rolled out new business functionality and revenue-sharing features. Available to all premium users, these features include opening hours, locations, chatbot support, and automated messages. What's noteworthy is that users no longer require coding skills to utilize these features, making them accessible
Amazon discontinues cashierless grocery checkouts
Amazon.com Inc. is discontinuing its cashierless Just Walk Out system from grocery stores, marking a step back from its ambitious technology aimed at enabling shoppers to skip the checkout line. The decision to remove the system comes as Amazon remodels existing Fresh grocery stores and plans to exclude it from new locations set to open
Intel facing significant losses in its chip-making business
Intel Corp. has disclosed concerning details about its manufacturing operations, revealing that losses have deepened at its chipmaker's factory network and suggesting that the business may not achieve a break-even point for several years. The company's new division, Intel Foundry, responsible for manufacturing, reported sales of $18.9 billion in 2023, a significant decline from $27.5
Report Criticizes Microsoft's Handling of Chinese-State Cyber Intrusion
A recent report released by a government cyber review board has shed light on a Chinese-state intrusion of Microsoft Corp. technology in the previous year, which enabled hackers to gather US officials' emails. The report, issued on Tuesday by the Cyber Safety Review Board, a White House-mandated group tasked with examining significant cyberattacks, stated that
Google Introduces AI-Powered Tool for Streamlining Search Ad Campaigns
Google has unveiled a ground-breaking AI-powered tool designed to streamline the process of creating impactful Google Search campaigns for businesses. Leveraging AI-generated suggestions and guidance, this innovative tool aims to make the campaign creation process faster and more efficient than ever before. Businesses across Africa and around the globe now have access to Google's Gemini
Mastercard Teams Up with Mono Technologies Nigeria
Mastercard has joined forces with Mono Technologies Nigeria Limited to introduce cutting-edge account-to-account (A2A) payments and a comprehensive suite of open banking products, leveraging the advanced capabilities of Mastercard Gateway. This strategic collaboration will harness Mono's expertise in open banking alongside Mastercard Gateway's state-of-the-art payment technology to deliver a secure and seamless A2A payment solution
Xiaomi's Electric Vehicle Debut Sparks Surge in Hong Kong Trading
Xiaomi Corp. witnessed a remarkable surge in its stock price on the Hong Kong market, buoyed by robust orders for its inaugural electric vehicle (EV) launch, signalling optimism for the smartphone giant's venture into China's fiercely competitive automotive landscape. On the first day of trading following the commencement of sales for its cars, Xiaomi shares
Facebook News tab will soon be unavailable
Meta, the parent company of Facebook, has announced the impending sunset of Facebook News in early April for users in the United States and Australia, marking a further shift away from prioritizing news and political content on the platform. This decision follows the closure of the feature in the United Kingdom, France, and Germany last
Ivory Coast Set to Raise Official Cocoa Farmgate Price
Ivory Coast, the world's leading cocoa exporter, is poised to implement a significant increase in the official cocoa farmgate price, raising it to 1,500 CFA francs ($2.47) per kilogram starting Tuesday, up from the current rate of 1,000 CFA. The decision comes after a series of deliberations, with President Allassane Ouattara initially endorsing a proposal
BasiGo Secures $3 Million Investment for Expansion
Kenyan e-mobility startup, BasiGo, has announced a significant milestone with the successful closure of a $3 million equity funding round. Spearheaded by the CFAO Group and bolstered by support from Mobility54, a collaboration between Toyota and CFAO, this latest investment underscores the growing interest in sustainable transportation solutions across the region. This funding comes on
Tips to plan your hybrid cloud migration
Why should your organisation start using cloud services and infrastructure? Why is hybrid cloud the preferred model to use? And how do you avoid the problems that often arise when companies try to deploy a hybrid cloud? Sithabile Technologies' experts weigh in on this crucial business topic. The world's oldest computer is the Antikythera Mechanism,
Blue Label Telecoms Granted Approval to Acquire Control of Cell C
Blue Label Telecoms has received the green light from the Competition Commission to assume control of the mobile operator Cell C, marking a significant development in South Africa's telecommunications landscape. Previously, Blue Label, through its wholly owned subsidiary, The Prepaid Company (TPC), held a minority stake of less than 50% in South Africa's third-to-be-licensed mobile
Watu Credit Commits to Funding 500,000 Electric Motorbikes by 2030
The prominent local financial provider, Watu Credit, has announced a bold commitment to finance the purchase of over 500,000 electric motorbikes by 2030, signalling a significant step towards sustainable transportation in Kenya. This ambitious pledge from Watu Credit aligns closely with the recent unveiling of the Electric Mobility Draft Policy by the Kenyan government. The
Huawei Technologies Achieves Strongest Growth in Four Years
In a remarkable recovery, Huawei Technologies experienced its fastest growth in four years in 2023, buoyed by a revival in its consumer segment and revenue from emerging businesses such as smart car components, accelerating its recovery from US sanctions. The company reported a robust revenue increase of 9.6% from the previous year, reaching C¥704.2 billion
Safaricom's M-PESA and Onafriq Forge Partnership to Boost Remittance Flows to Ethiopia
Safaricom's M-PESA, which is a trailblazer in providing accessible financial solutions through mobile phones, has joined forces with Onafriq, Africa's premier digital payments network spanning 40 countries. This strategic partnership is geared towards enhancing the efficiency of remittance flows to Ethiopia. With M-PESA's innovative platform, which requires only a Safaricom sim card to access financial