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Vumatel Announces Annual Price
Vumatel, one of South Africa's leading fibre network providers, has recently disclosed its annual price adjustments, impacting subscribers across various speed packages. Effective from May 1, 2024, customers on lower-speed packages will witness a monthly fee increase ranging between R20 and R50. The revelation of these price modifications came to light following notifications issued by
South African Competition Watchdog Targets Microsoft's Azure Cloud Business
South African competition regulators are gearing up to lodge a formal complaint against Microsoft's Azure cloud business, alleging market abuse and anti-competitive behaviour. The move comes amidst global concerns regarding the tech giant's dominance and its alleged efforts to stifle competition. According to sources familiar with the matter, the Competition Commission is preparing to accuse
Samsung's First Quarter Profits Surge on Sales
Samsung Electronics Co. saw a huge growth in profit during the first quarter of 2024, driven by a significant turnaround in its semiconductor division and strong sales of Galaxy S24 smartphones. The world's leading memory chipmaker reported a preliminary operating profit of approximately 6.6 trillion won (R91 billion) on Friday, surpassing analyst estimates of 5.37
Groundbreaking Research Unveils Billions in Hidden Gold Reserves
Dr. Steve Chingwaru, hailing from a lineage of legendary prospectors, including his grandfather George Nolan, who discovered lithium in Zimbabwe, has made a remarkable breakthrough in unlocking vast gold reserves worth approximately R450 billion. Chingwaru's pioneering work in geo metallurgy has captured global attention, particularly from mining companies eager to tap into the immense potential
Tesla Escalates AI Engineer Pay Amidst Fierce Talent Competition
Elon Musk, the CEO of Tesla Inc., has announced a significant boost in compensation for artificial intelligence (AI) engineers within the automaker's ranks, as it grapples with intense competition for talent in the tech industry. In a recent post on his social media platform, X (formerly Twitter), Musk revealed Tesla's strategic move to enhance the
Mobile Payments Surpass Physical Wallets in South Africa
A recent report from Discovery Bank, in collaboration with Visa, sheds light on the growing trend of South Africans favouring mobile payments over traditional physical wallets, aligning with or surpassing adoption rates seen in other emerging markets and developed economies. The SpendTrend24 report, drawing on data from Discovery Bank clients in South Africa and over
Mothibi Ramusi Assumes Chairmanship at Icasa
Mothibi Ramusi has been appointed as the chairman of the Independent Communications Authority of South Africa (Icasa), marking a significant milestone in the industry of communications regulation in the country. The appointment was officially disclosed by Communications Minister Mondli Gungubele in the Government Gazette on Wednesday, solidifying Ramusi's leadership role within Icasa for a tenure
OpenAI Expands Custom Model Program to Tailor Generative AI Solutions for Enterprises
OpenAI is ramping up its Custom Model program to assist enterprise clients in crafting bespoke generative AI models tailored for specific use cases, domains, and applications. Introduced last year at OpenAI's inaugural developer conference, DevDay, Custom Model provided companies with the opportunity to collaborate with dedicated OpenAI researchers to train and optimize models for specific
Rain Announces Price Hikes for Grandfathered Uncapped 4G Services
Rain, a prominent telecom operator, has informed its customers about upcoming price adjustments for their grandfathered uncapped 4G services, set to take effect on their May billing date. The operator cited inflation as the primary reason behind the price increase, stating, "In line with inflation, we are updating our prices," in a communication to subscribers.
DataStax Accelerates Generative AI Vision with Logspace Acquisition
DataStax, renowned for its commercialization of the open-source Apache Cassandra NoSQL database, is steering its focus towards constructing a comprehensive "one-stop GenAI stack." This strategic shift sees the company leveraging its database expertise to propel the development of innovative generative AI applications. A pivotal step in this journey occurred last summer when DataStax introduced vector
Ford's Strategic Shift: Delayed EVs, Hybrid Focus, and the Start-up Mentality
In a recent announcement, Ford revealed a strategic shift in its production plans, notably delaying the release of two highly anticipated electric vehicles (EVs). The next-generation EV pickup and a three-row EV SUV, initially slated for 2026 and 2027 respectively, now face delays of one and two years. In place of these deferred models, Ford
Apple Ventures into Personal Robotics
Apple, renowned for its innovation in the tech world, is delving into the realm of personal robotics, seeking to carve out a niche in a field ripe with potential. Sources familiar with the matter reveal that Apple's teams are currently exploring avenues in personal robotics, positioning it as one of the company's dynamic "next big
Solving the skills gap: Tech’s role in democratising access into new industries
The burgeoning youth population across Africa stands poised to shape the global workforce of tomorrow. With the continent hosting the world's fastest-growing youth demographic, countries like Nigeria, Kenya, Ghana, and South Africa are witnessing a surge in technological competitiveness. Simultaneously, technologically advanced nations like Japan grapple with the ramifications of an ageing population, underscoring the
6 Ways Gemini Guides Your Exploration
Embarking on an African journey promises sun-kissed landscapes, mesmerizing wildlife encounters, and a tapestry of ancient traditions pulsating with vitality. Yet, let's face it, planning a voyage that veers off the beaten path, offering authentic cultural immersion, can resemble navigating a labyrinth. Where does one even begin? How does one uncover those elusive treasures, engage
BYD Revs Up Competition with Global Launch of Electric Pickup Truck
Chinese electric vehicle giant BYD Co. is gearing up to enter the global market with its first electrified pickup truck, setting the stage for a showdown with established players like Toyota's Hilux, Ford's Ranger, and Isuzu's D-Max. Photos released by BYD showcase a rugged dual-cab truck adorned in vibrant orange and blue camouflage paint, undergoing
TSMC Evacuates Factories Following Taiwan Earthquake
TSMC, the world's largest producer of advanced chips and a key supplier to tech giants like Apple and Nvidia, took swift action on Wednesday after a major earthquake struck Taiwan, causing disruptions in production. Spokeswoman Nina Kao confirmed that the chipmaker evacuated certain factory areas in response to the earthquake but did not provide further
Yango Delivery Launches Cargo Express to Revolutionize Large Item Transport in Africa
The leading tech firm specializing in local delivery services, Yango Delivery, has introduced Cargo Express, a ground-breaking initiative aimed at facilitating the transportation of bulky and heavy items across Africa. This new service addresses a critical need in the rapidly expanding e-commerce market by providing reliable and efficient delivery solutions for large items such as
Microsoft and Quantinuum Achieve Breakthrough in Quantum Computing Reliability
Microsoft and Quantinuum announced a significant milestone on Wednesday, marking a pivotal advancement in the journey towards making quantum computers a commercial reality. This breakthrough focuses on enhancing the reliability of quantum computing systems, a critical step in the ongoing race among tech giants like Microsoft, Google, and IBM to perfect quantum computing technology. Quantum
A new formula for telcos’ success, driving value beyond core business focus areas
The recent Mobile World Congress (MWC) underscored the industry's expansion beyond its traditional focus on mobile technology. It now encompasses a wide array of technological disruptions, with 50% of attendees at this year's event originating from sectors outside of telecommunications. This shift is highlighted in BCG's 2024 Telecommunications Value Creators Report, titled "A New Formula
Google Cloud Appoints Noor Al-Sulaiti to Lead Cybersecurity Business Development
Google Cloud today announced the appointment of Noor Al-Sulaiti as Head of Security Business Development and Government Relations for the Middle East, Turkey, and Africa region (META). Noor, an industry veteran known for her innovative leadership, brings a wealth of experience in the telecommunications and technology sectors to her new role. Noor's appointment is yet