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Five cybersecurity trends to watch in 2024
2023 was a year that saw a great deal of change within the tech industry. The most notable development was in artificial intelligence (AI), which dominated conversations to the point that “prompt” was dubbed a finalist for the Oxford Word of the Year 2023. The discussions around AI are no less significant in the cybersecurity industry,
Building a privacy-first organisation in the age of AI
With consumers increasingly aware of both the value of their data and of the threats to it, it’s never been more crucial for business leaders to respect user privacy. The South Africa’s Information Regulator has stated that local companies report at least 100 cyber security breaches every month. From October 2022 to June 2023, the regulator
Making an investment in the future
How a company contributes to the wellbeing of its communities and the society it operates within plays a crucial role in how both employees and customers of that brand might perceive it. Contributing in a positive way earns a brand trust, and may even help attract new employees and investors who prioritise the corporate social
South Africa’s renewable energy uptake accelerates
As South Africa looks set for a continuation of an unprecedented level of power outages, many parts of the country are also facing looming threats of water shortages and a major input in electricity generation. Matthew Hall, Chief of Products at Rectron outlines the importance of investing in commercial alternative energy solutions. Increasing extreme weather events due
First electric Toyota set to launch in South Africa next year
Toyota's first electric vehicle (EV) for the South African market, the BZ4X, is set to debut in the country in January next year, according to an announcement made at the State of the Motoring Industry 2024 (SOMI 2024) event in Johannesburg on the 25th of January 2024. The BZ4X marks Toyota's entry into the fully electric
AltSchool Africa has successfully launched in Kenya
AltSchool Africa has managed to successfully launch its virtual academy in Kenya after nearly a year of planning and organization. With over 60,000 learners across 105 countries, the school, which has primarily operated in Nigeria and Uganda, decided to expand its presence further across the continent. Kenya, being AltSchool's second-largest market in terms of
HONOR's Uncompromising Quality Standards is Evolving Over Years
In the ever-evolving world of consumer electronics, HONOR has established itself as a brand dedicated to setting the gold standard when it comes to quality. This commitment is not a static one; instead, HONOR's strict quality standards are continually advancing year after year. HONOR's remarkable dedication to maintaining exceptional quality standards clearly sets it apart
DXwand raises $4M in order to scale its conversational AI platform
DXwand, a startup based in Cairo and Dubai, has secured $4 million in Series A funding to advance its conversational AI technology for automating customer service and employee assistance in the Middle East. Shorooq Partners and Algebra Ventures, based in the UAE and Cairo, respectively, led the funding round, with participation from existing investor Dubai
Cyberattack pushed Wall Street banking platform into recording transactions in spreadsheets
A recent cyberattack targeting the infrastructure supporting Wall Street's essential processes has forced major banks to resort to traditional manual methods. The attack, which affected financial technology firm EquiLend on January 22, 2024, disrupted its systems, compelling securities-lending teams at prominent banks to manually input certain stock loans and transactions into spreadsheets. EquiLend, responsible for
Unlocking Creative Bravery: TikTok's What's Next Trend Report Reveals Key Marketing Insights for 2024
TikTok introduced its annual What's Next Trend Report and presented key insights for 2024 that marketers can use to grow their presence on the platform and reach their business goals. The report introduces a transformative mindset ignited by the TikTok community – Creative Bravery – powered by three actionable trends: Curiosity Peaked, Storytelling Unhinged, and Bridging the
IMPOWER ushers in a new era of energy resilience at Coral Beach Estate
Amidst the climate of SA’s devastating energy crisis, and perpetual electricity outages, one South African community now shines as a beacon of hope, progress, and innovation. In a move set to revolutionise the way residential estates handle South Africa's energy crisis, IMPOWER has launched a flagship PV solar and Battery Energy Storage System (BESS) facility,
Growth opportunities to look out for, and trends to leverage in the flourishing world of e-commerce
Bob Group Managing Director Andy Higgins believes 2024 will be the year online retail in South Africa will start to accelerate and catch up with international uptake. Higgins, who took the reins when marketplace giant bidorbuy (now Bob shop) and logistics powerhouse uAfrica (now Bob Go) amalgamated to form the Bob Group ecommerce ecosystem last
Veeam Data Protection Trends Report 2024 Finds Cyber-Attacks the #1 Cause of Business Outages
Veeam Software, the #1 leader by market share in Data Protection and Ransomware Recovery, today released insights from the company’s fifth annual Veeam Data Protection Trends Report. While companies say they will spend more trying to fend off cyber-attacks, the survey found IT leaders are feeling even less protected and more concerned about their ability
Thabi Leoka steps down from MTN over PhD scandal
Thabi Leoka, the businesswoman who is currently facing accusations of providing false information about her academic qualifications, has resigned from the board of MTN South Africa amid the ongoing scandal. MTN South Africa announced her immediate resignation as a non-executive director, citing her need to address health concerns and the scrutiny surrounding her academic
Scott Stuber, Netflix movies boss quits to start own company
Scott Stuber, the architect behind Netflix's emergence as a dominant movie studio, will depart the streaming giant in March to launch his own company. Stuber, currently serving as global film chairman, will continue in this role until at least the Academy Awards in March to conclude ongoing projects before embarking on producing films and TV
Instagrid, the German company that uses software to supercharge portable batteries, raises $95M
Instagrid, a startup addressing energy supply challenges, is making strides with its enterprise-grade portable chargers. The company's flagship product, "One," has sold 30,000 units, experiencing 100% annual growth. In a Series C funding round, Instagrid secured $95 million, with Teachers’ Venture Growth leading the investment. Despite the dominance of lithium-ion batteries, Instagrid focuses on overcoming
Competition Commission announces public hearings for investigation into Google, Facebook, and Apple
The inaugural round of public hearings for the Media and Digital Platforms Market Inquiry is scheduled to take place from March 4 to March 22, 2024, at the Department of Trade, Industry, and Competition campus in Pretoria. The primary objective of the inquiry is to address imbalances and competition issues in the media and
Elon Musk reveals why Tesla hasn’t launched in South Africa
For the first time, Elon Musk has revealed how come Tesla hasn’t launched its range of electric vehicles in South Africa. The South African-born co-founder and CEO of Tesla, Musk took to his social media platform over the weekend, X to reply to a question about the matter. South African X user Ziyaad Mohomed asked when
Telegram rolling out ‘view-once’ voice and video messages
As part of its January feature update, Telegram is unveiling several enhancements, including the introduction of "view-once" functionality for video and audio messages, the ability to pause and resume recording for video and audio messages, and new controls for monitoring read times. The "view-once" feature, initially introduced for photos and videos in one-on-one chats in
Nigerian company, Freee Recycle turns tyres into tiles and bricks
Nigerian firm Freee Recycle is combating landfill overflow by repurposing old tires into various products, sold nationwide. Globally, a report by the Tire Industry Project reveals one billion end-of-life tires are generated annually, with an estimated four billion in landfills and stockpiles. Freee Recycle, established in 2018, has transformed over 400,000 tires into paving