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Security experts brace for new and old cybersecurity threats
Cybersecurity is still facing ongoing threats with scammers and hackers creating a new way to threaten the security of companies and individuals. Security and risk leaders are still continuing to fight existing threats and coming up with ways to defend against emerging threats. Artificial Intelligence tools, geopolitical uncertainty and increased cloud complexity have created a
Elon Musk Undermining News CEO With Twitter Rate Limits
Elon Musk’s temporary limit on how many posts Twitter users can read on the app could undermine and jeopardise the new CEO Linda Yaccarino’s effort to attract advertisers, according to marketing industry professionals. Saturday Musk announced his plans regarding Twitter and that he is limiting how many tweets per day various accounts can read. He
SOUTH AFRICAN BREWERIES SUSTAINABILITY INITIATIVE SHORTLISTED FOR A PRESTIGIOUS INTERNATIONAL AWARD
South African Breweries’ Castle Lager Bread of the Nation has been shortlisted for the 2023 Dan Wieden Titanium Lion Cannes Awards category. The campaign became the only African initiative that the panel of adjudicators shortlisted. Now, in their 70th year, the Cannes Lions Awards celebrated and honoured the creativity and inventiveness of ad-agencies from all
Apple has Cut the manufacture of its Vision Pro headset
Apple Inc. has made major cuts to production forecasts for its Vision Pro which was launched last month. The cut is due to manufacturers struggling with the novel gadget’s complex design, according to Financial Times report. The company is set to make fewer than 400 000 units of Vision Pro in 2024, it said, citing unidentified
Nokia Renews Patent License Deal With Apple
Network Infrastructure and 5G technology provider, Nokia has signed a new long-term patent license agreement with Apple. The current deal between the companies is set to expire at the end of 2023. However, the deal that was announced late Friday remains confidential between the companies, it covers Nokia’s inventions in 5G and other technologies. The
Standard Bank and HUAWEI Mobile Services Collaborate to Empower Digital Banking Solutions for Clients in South Africa
Standard Bank, a leading financial institution in South Africa, has embarked on a strategic collaboration with HUAWEI Mobile Services (HMS) to provide cutting-edge digital banking solutions to its clients in South Africa. Belinda Rathogwa, Executive Head: Digital and eCommerce for Personal and Private Banking at Standard Bank South Africa, shared valuable insights on the collaborative
Ethiopia Has Launched a Tender For Second News Telecom License
According to Ethiopia's communications authority on Friday, the country has launched tender for a second new telecommunications license, opening up one of Africa’s largest markets to further competition. Prime Minister Abiy Ahmed’s push to liberalise the economy after he took over in 2018, has made Ethiopia’s telecom industry to be considered a big prize due
Apple Hit A New Market Value as It Records Above $3 Trillion
Friday Apple’s market capitalisation breached the $ 3 trillion mark for the first time since January 2022. The investors banked on the Apple’s ability to grow its revenue even as it explores new markets such as virtual reality. Shares of Apple touched $192.74 in the morning trading- a record higher making it the world’s most
Castrol’s New ‘Can of The Best” Is in Town
Get ready to revolutionise your driving experience with the upcoming launch of Castrol’s new product, a cutting-edge engine oil designed to help you conquer the unique challenges you face on the road. If you’re a frequent driver, you’re no stranger to congestion and stop-start driving conditions. The average driver can stop and start their engine
Huawei’s Sustainable Advertising Solution Enables ayoba to Expand Acquisition to More Markets Outside of South Africa
In the ever-evolving landscape of mobile apps, users are constantly seeking enhanced convenience and seamless experiences. All-in-one apps have emerged as popular solutions, combining multiple functionalities within a single platform. To further elevate user experiences, app marketplaces such as AppGallery and online advertising platforms such as Petal Ads have joined forces with multifunctional apps to provide brands and app
Authors Sue OpenAI, Claims Mass Copyrights Infringement Of Thousands Of Novels
OpenAI is facing yet another lawsuit, the artificial intelligence has been sued by two US authors in San Francisco federal court over its unauthorised collection of information across the web to train its artificial intelligence chatbot. The authors claim that ChatGPT infringes on the copyrights to their novels. On Wednesday the San Francisco federal court
Clinical study in South Africa to evaluate an investigational drug for the treatment of COVID-19
South Africa is one of 20 countries in the world to participate in a clinical study of an investigational drug for the treatment of COVID-19 and its effect on Long COVID symptoms. South Africa has experienced just over four million confirmed cases of COVID-19 since 2020, according to the World Health Organisation1. Well-organised clinical
Luxury Car Brand Porsche Plans a R400 B Go-Electric
The German automobile manufacturer which specialises in high-performance sports cars, SUVs and sedans, plans on spending € 20 billion (R409-billion) to equip models which include its planned new Cayenne sport utility vehicle with top-line electric and digital technology to bolster returns. The car brand is joining the battery technology, Wednesday CEO Oliver Blume said that the
Tiger Global- Backed Start-Up Union54 Joins Africa’s Super App Race
An African start-up Union54 is being backed by Tiger Global Management as they enter the race development super app. As the investors are looking at the continent’s ever-evolving technology-savvy market. According to Union54 founder and CEO Perseus Mlambo, the new ChitChat app offers secure messaging paired with dollar-based virtual cards that it developed in partnership
Government of Ghana is said to have reached an agreement with banks to restructure USD1.4bn of locally issued USD bonds
Nigeria: Yesterday, the World Bank published its bi-annual Development Update for Nigeria, titled ‘Seizing the opportunity’. The Bank noted that removal of the petrol subsidy and foreign exchange management reforms are crucial measures to begin to rebuild fiscal space and restore macroeconomic stability, and that the opportunity should be seized to take further necessary policy reform
Eskom has reduced load shedding to Stage 1 during the day, while Stage 3 continues in the evenings
In a statement yesterday, the utility announced a slight reduction of power cuts for the next two days from Stage 2 to Stage 1 between 05:00 and 16:00. Thereafter, Stage 3 will continue to be implemented in the evenings from 16:00 until midnight and be suspended between 00:00 and 05:00. As of yesterday, breakdowns stood
Visa Player of the Match Will Deliver a Win for Women-Owned Businesses at FIFA Women’s World Cup™
Visa celebrates the story behind the numbers driving success for women in business and sport with $500,000 in small business grants. According to Visa data, sports participation played a huge role on the success of 82% of women small business owners. Numbers permeate every aspect of business and sport, telling a story of inspiration, perseverance,
Formal non-agricultural employment fell in Q1 23 while real employee earnings remained under pressure
Stats SA published its Q1 23 Quarterly Employment Statistics (QES), its enterprise-based survey of formal non-agricultural jobs and employee earnings trends. Total formal non-agricultural employment fell by 21k in Q1 23, largely driven by job losses in domestic trade (-36k) and the ‘financial intermediation and business services’ (-32k) sectors, with the decline in the former
Company liquidations data continue to show no strong signs of worsening business strain despite the power crisis
Company liquidations continued their declining trend in May . Stats SA data published yesterday revealed that the total number of liquidations declined by a further 6.2% m/m sa in May (Figure 1). On an annual basis, total liquidations were down 19.7% y/y, following an 18.8% fall in April. Cumulative company liquidations until May this year
FNB warns of a rise in phishing and smishing attempts against unwary consumers
FNB warns consumers about an increase in phishing and smishing attempts on unwary customers. Phishing is a type of cybercrime in which people are duped into providing sensitive information such as login credentials, passwords, PINs, card details, or ID numbers by using deceptive techniques such as fake emails and websites. Smishing is the use of