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Kenyan Tappi, Secures $1.5 Million in Pre-Seed Investment Boost
Tappi, a Kenyan startup renowned for its chat tool that auto-generates web pages, has managed to raise $1.5 million in a pre-seed funding round that witnessed overwhelming investor interest. This two-year-old e-commerce venture garnered backing from prominent entities like Digital Currency Group, SOSV, Resilience17, growX ventures, Orbit Startups, and Reflect Ventures. Leading contributions came from
Mastercard’s contactless solutions is driving digital payment transformation in Nigeria
Mastercard has introduced its latest contactless payment solutions designed to facilitate easy and cost-effective card transactions for businesses. These solutions include features like "tap on the phone," "QR Pay by link," and "Payment link," all accessible via smartphones. The objective behind Mastercard's initiative is to offer affordable digital payment alternatives, particularly benefiting Small and Medium
Xiaomi reveals the EV SU7 sedan
Xiaomi, the renowned Chinese smartphone manufacturer, has unveiled its inaugural electric vehicle, the SU7 sedan. Set to debut in the Chinese market next year, Xiaomi's entry into the electric vehicle (EV) sector highlights the company's ambition to merge the sophisticated technology found in smartphones with automobile interiors. Xiaomi's potential success could be attributed to its
India set to block crypto exchanges Binance, Kraken websites
The Financial Intelligence Unit (FIU), a regulatory body in India overseeing financial transactions, declared on Thursday that nine prominent global cryptocurrency exchanges, including Binance, Kraken, Kucoin, and Mexc, are operating without proper adherence to the country's anti-money laundering regulations. As a result, the FIU has urged the IT Ministry to restrict access to these exchanges'
South Africa's private sector reduces dependence on Eskom for power supply
Eskom's sales have been on a downward trajectory as South Africa's corporate sector progressively reduces its dependence on the utility for power supply. In its half-yearly results ending September, Eskom reported a 5.9% decrease in sales volumes. The utility attributed this decline primarily to supply limitations, resulting in frequent power outages, reduced electricity demand due
Indian journalists’ iPhones infected with Pegasus spyware
In late October, Apple's alerts suggesting that Indian journalists and members of the opposition might be under state-backed cyber-attacks elicited a strong rebuttal from Prime Minister Narendra Modi's administration. Rather than acknowledging Apple's concerns, government officials expressed skepticism and initiated an investigation into the security of Apple devices. While India has neither confirmed nor denied
The New York Times initiates lawsuit against OpenAI and Microsoft
The New York Times has initiated a lawsuit against OpenAI and its significant partner and investor, Microsoft, alleging copyright infringement. The Times asserts that without its explicit consent, its extensive content has been utilized to train artificial intelligence models, notably powering OpenAI’s ChatGPT and Microsoft’s Copilot. The lawsuit demands the dismantling of these models and
TUNL Secures $1M in Initial Funding Round
TUNL, a parcel shipping platform based in South Africa, has successfully raised $1 million in pre-seed funding. Key investors in this round include Founders Factory Africa, Digital Africa Ventures, E4E Africa, and Jozi Angels. Founded in 2022 by Matthew Davey as CEO and Craig Lowman as COO, TUNL emerged from Davey's prior role as the
Flying Taxis: Archer Aviation's Vision for Urban Air Mobility Takes Launched
Archer Aviation is at the cutting edge of urban air mobility, spearheading the creation of the Midnight, a revolutionary four-passenger electric vertical take-off and landing (eVTOL) aircraft. The dream of flying taxis, once confined to the realms of science fiction and futuristic visions, is on the brink of materializing into reality. At the Dubai Airshow,
Apple Watch US ban now operational
The U.S. prohibition on importing Apple Watches will persist, as the Biden administration chose not to overrule the International Trade Commission's (ITC) prior decision. Effective immediately, the ITC's verdict is now operational. In anticipation of this ban, Apple had already ceased sales of both the Apple Watch Series 9 and Ultra 2. Online sales were
CBS, Paramount owner National Amusements reveals it was hacked
National Amusements, the cinema chain and parent company overseeing media titans Paramount and CBS, has acknowledged a data breach wherein cybercriminals accessed the personal details of tens of thousands. The expansive media entity revealed in a mandatory disclosure to Maine’s attorney general that the breach in December 2022 compromised personal data of 82,128 individuals. This
Bluesky launches in-app video and music player and a new ‘hide post’ feature
Bluesky, the decentralized social network, is introducing a fresh in-app video and music player for linked content, along with a novel "hide post" functionality. These enhancements align Bluesky's user interface more closely with that of X (Twitter). This enhanced media player is compatible with platforms such as YouTube, SoundCloud, Spotify, and Twitch embeds. Contrary to
Apple looking to launch Vision Pro in February
Apple is intensifying its production efforts for the Vision Pro mixed-reality headset, targeting a launch as early as February, sources familiar with the matter revealed. Manufacturing for the innovative headset is in full swing at Chinese facilities, having been at peak capacity for several weeks, insiders said on the condition of anonymity due to the
Electric car sales skyrocket in Europe
In the period from January to November 2023, electric vehicle (EV) sales accounted for nearly half of all new passenger car registrations in the European Union, a milestone achieved as early as November alone, according to recent data. The European Automobile Manufacturers Association (ACEA) reported that electrified vehicles, encompassing fully electric models, plug-in hybrids, and
Lenovo Launches New Hybrid Cloud Platforms and Services to Accelerate AI
Lenovo has announced it has expanded its hybrid cloud platform for AI with new ThinkAgile hyperconverged solutions and ThinkSystem servers that advance cloud deployment, hybrid connectivity and AI capabilities, powered by the next generation of Intel® Xeon® Scalable Processors. The new AI ready platform delivers improved performance and the latest accelerators as a critical next
Durban BPO organisations come together with local government to give job seekers hope through public-private partnership
For many years, South Africa has been plagued by high youth unemployment rates. The Business Processing Outsourcing (BPO) industry’s approach to recruitment and training offers a unique and sustainable solution to this problem. This impact sourcing model offers young people from disadvantaged backgrounds access to high-quality, tech-enabled, and sustainable employment without the need for previous
Embracing the Future: 2024 Technology Trends and Transformations
Prediction 1: The death of the standalone firewall With more than a third of South Africa’s middle class having adopted hybrid work and the local use of IoT expected to grow 14 percent a year until 2025, the network perimeter has become irreversibly eroded, and the standalone firewall is dying with it. No longer can
Maximising Profits for South African SMEs through Cross-Border Payments
Business owners in South Africa are no strangers to the challenges of running SMEs. The market is competitive, costs are ever-increasing, and navigating cross-border transactions can be a headache. However, there's good news: small businesses can significantly increase their profitability and grow their businesses faster by finding the right cross-border payments provider. When expanding a business beyond South Africa's borders, one of the most significant
Sungrow to Supply EDF Renewables on South Africa’s First Hybrid Wind-Solar-Battery VPP Project
Sungrow, the global leading PV inverter and energy storage system supplier, signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings
3 Schools Emerge as Champions of the 2023 Robogirls Programme, Supported by Lenovo, DUT, and Toyota
Lenovo, in partnership with Durban University of Technology's (DUT) Department of Information Technology and Toyota proudly held the 2023 Robogirl programme. The impactful initiative aimed to empower 75 young girls with comprehensive training in coding, robotics, and the fundamental principles of the Internet of Things (IoT). Selected from 15 schools in the eThekwini area, particularly