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GCIP AWARDS CELEBRATE INNOVATIONS TO PROPEL SA TO A GREEN ECONOMY
South Africa, alongside numerous nations globally, is actively tackling the hurdles posed by climate change and striving for environmental sustainability. The ramifications of climate change, spanning droughts, floods, and environmental degradation, emphasize the pressing need for innovative solutions. In this vein, the Technology Innovation Agency (TIA), under the Department of Science and Innovation (DSI), has
eBay Launches AI-Powered "Shop the Look" Feature
eBay has revealed an innovative new feature aimed at fashion enthusiasts: "shop the look," a generative AI-powered section within its iOS mobile app. This feature suggests a carousel of images and ideas tailored to the customer's shopping history, providing personalized recommendations that evolve as the user continues to shop. The goal is to introduce complementary
YouTube Unveils New Shopping Features for Creators
YouTube has announced the rollout of new Shopping features geared towards creators, empowering them to enhance their content with curated shoppable collections, streamline shoppable video planning, monetize older videos efficiently, and more. This move comes amidst increased competition in the digital shopping space, with TikTok Shop reportedly aiming to expand its U.S. business tenfold to
Nordex Energy South Africa to Boost Wind Energy Capacity by 830MW
Nordex Energy South Africa, the local arm of German wind turbine manufacturer Nordex, has unveiled plans to increase its wind energy generation capacity in South Africa by 830MW, marking a significant expansion for the company. This additional capacity represents a substantial 75% increase from the company's existing operational capacity of 1GW and is slated to
Woolworths' Troubled David Jones Venture Ends with Sale After Eight Years
Woolworths' ear-piercing journey with David Jones, the Australian retailer it acquired eight years ago, has finally come to an end with its recent sale. The acquisition, initiated as part of Woolworths' strategy to expand internationally beyond South Africa, aimed to establish the company as a leading apparel retailer in the southern hemisphere. In 2014, Woolworths
Intel Unveils Gaudi 3 AI Chip to Challenge Nvidia's Dominance
Intel Corporation is introducing a new iteration of its artificial intelligence chip, aiming to compete with Nvidia Corporation in the rapidly expanding semiconductor sector. Dubbed Gaudi 3, the updated processor is set to be widely available in the third quarter, as announced by Intel during a company event on Tuesday. The primary focus of the
Whistle-blowers Allege Misrepresentations and Retaliation at Faraday Future
Two internal whistle-blowers at Faraday Future have come forward with allegations of deception regarding the electric vehicle (EV) company's sales figures and claims of retaliation against employees who spoke out. Jose Guerrero and Victoria Xie have filed lawsuits against Faraday Future, its founder Jia Yueting, and the company's head of HR, Nan Yang, in Los
Google Launches Find My Device Feature for Android Users Worldwide
Google has unveiled the global rollout of its Find My Device technology, enabling Android users to locate their devices effortlessly. First introduced at Google's I/O event last year, Find My Device is now being released globally, commencing its availability in North America. The technology harnesses a network of crowdsourced Android devices to pinpoint the location
Apple Expands Presence in Miami as Big Tech Firms Flock to South Florida
Apple Inc. is ramping up its footprint in the Miami area, joining the ranks of other major tech players expanding their operations in South Florida. According to sources familiar with the matter, Apple is securing 45,000 square feet (4,181 square meters) in a new building located in Coral Gables, an affluent suburb just south of
WeCare Foundation Secures $350,000 Funding to Drive Innovation in Lab-Grown Diamond Industry
Saad Kassis Mohamed, leading the charge at WeCare, has proudly announced the acquisition of $350,000 in funding, aimed at fuelling innovation within the burgeoning lab-grown diamond sector. This substantial injection of funds marks a pivotal moment in the foundation's commitment to fostering sustainability and advancement in the industry. Building upon successful funding strategies employed in
Reunert Announces Merger of IQbusiness and +OneX to Form Integrated IT Solutions Firm
Reunert, the JSE-listed technology and industrial group, has unveiled plans to consolidate its subsidiaries IQbusiness and +OneX, aiming to establish a unified, client-centric IT integration business. Operating under Reunert ICT's Solutions and Systems Integration cluster since July 2023, both IQbusiness and +OneX will merge under a single brand to create a digital integrator within Reunert
Truecaller Introduces Web Version with Enhanced Features for Android Users in India
Truecaller, the widely popular caller ID application, has expanded its offerings with the launch of a web version, bringing a host of features to desktop users. The new web iteration, dubbed Truecaller for Web, encompasses functionalities such as SMS and chat mirroring, call notifications, and number search capabilities. Initially, this web version will be exclusively
US Must Revamp Africa Policy, Emphasizing Critical Minerals, Says USIP Report
A recent report from the United States Institute of Peace (USIP) based in Washington has underscored the imperative for the United States to revaluate its Africa policy, with a particular focus on critical minerals. The report highlights the necessity of enhancing diplomatic and commercial engagement in African mining hubs to mitigate vulnerabilities stemming from export
Meta Announces Imminent Release of Llama 3, Next-Gen Language Model
During an event held in London on Tuesday, Meta, the parent company of Facebook, revealed its plans to unveil Llama 3, the next iteration of its large language model designed to power generative AI assistants, within the next month. This confirmation follows a report by The Information published on Monday, indicating that Meta was nearing
Global Supply Shocks Forecast to Propel Petrol and Diesel Prices
In a forecast that may not bode well for consumers, petrol and diesel prices are anticipated to surge in the coming months as the price of oil edges closer to the $100 per barrel mark, driven by supply disruptions reverberating across the globe. Muhammad Docrat, a portfolio specialist at Ninety One, recently shed light on
Google Enhances Android Studio with Gemini Pro Integration
Google is expanding its deployment of Gemini across various products, with the latest announcement revealing the integration of Gemini Pro into Android Studio's bot. The initiative traces back to May 2023, when Google unveiled Studio Bot powered by the PaLM-2 foundation model at the Google I/O developer event. Now, the company is extending the rollout
Calgro M3 and EPG Forge Ahead with Landmark Development Project
Calgro M3 and Eris Property Group (EPG) have embarked on an ambitious joint venture to develop a new project in one of South Africa's most affluent areas, with the potential to generate a staggering R18 billion in revenue. The two entities recently finalized the acquisition of a prime land parcel located between Marlboro and Waterfall
Targus Faces Operational Disruption After Cyberattack
Targus, a prominent manufacturer of mobile gadgets and bags, has disclosed a "temporary interruption" to its business operations following a cyberattack that occurred on Friday. B. Riley Financial, Targus' parent company, revealed in a notice to regulators on Monday that a "threat actor gained unauthorized access to certain of Targus' file systems," prompting the shutdown
Tesla Settles High-Profile Autopilot Crash Case on Eve of Trial
Tesla Inc. has reached a settlement just before its highly anticipated trial over a crash involving its Autopilot system, a driver-assistance feature touted by Elon Musk as integral to the company's self-driving car ambitions. Details of the settlement were not disclosed in court filings released Monday in San Jose, California. The case cantered around Walter
SAA Seeks Permanent Executive Leadership Amidst Strategic Partnership Setbacks
In the aftermath of the collapse of the deal with the Takatso Consortium as strategic equity partners, South African Airways (SAA) is embarking on the search for permanent executive leadership, marking a significant transition after being held by an interim board for the past three years. Over the weekend, SAA announced the advertisement of five