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Russian hackers hit global tech supply chain
The hackers behind the notorious SolarWinds cyberattack are engaged in a fresh campaign to compromise global networks by targeting the tech supply chain, including resellers and providers of cloud technology, according to Microsoft Corp. Microsoft attributes the coordinated attack, which was first observed in May, to a group called Nobelium, the same state-sponsored Russian hackers
Elon Musk’s personal fortune jumps by R419 billion in one day
Elon Musk’s personal fortune jumped by $28.5 billion (R419 billion) to $281 billion (R4.133 trillion) after Hertz Global Holdings Inc. placed an order for 100,000 Teslas and filings showed a fresh tranche of options in his moonshot pay package vested. Tesla shares rose as much as 9.8% Monday on news of the Hertz order, briefly
5 key investment trends to watch in 2022
There’s no doubt that investing remains one of the best ways to preserve and create wealth in the modern age, but that nevertheless comes with the proviso that what one chooses to invest in has to be wisely chosen. It’s no surprise then that for 2022, the market will continue to be heavily influenced by
A new Facebook whistleblower has come forward with more allegations
A second Facebook whistleblower has come forward with a new set of allegations about how the social media platform does business. First reported by the Washington Post, the person is a former member of Facebook’s integrity team and says the company puts profits before efforts to fight hate speech and misinformation on its platform. In
Load-shedding to continue on Monday and Tuesday
Eskom has announced that Stage 2 load-shedding will be suspended at 05:00 on Monday morning, but will return from 21:00 – 05:00 on the nights of Monday and Tuesday. This is because, while Eskom has made some progress in replenishing emergency generation reserves, it lost Koeberg Unit 1 this morning. Eskom attributed this issue to
Clubhouse will soon let you pin links to the top of rooms
Clubhouse is making it possible for people to share outside links and monetize their work on the platform. Today at The Verge’s On The Verge event, Clubhouse CEO Paul Davison and global head of marketing Maya Watson announced a new pinned links feature, which allows moderators to place outside links at the top of a
FNB virtual cards get tap-to-pay
First National Bank (FNB) customers can now use virtual cards for contactless transactions in all FNB Pay enabled digital wallets. The bank recently revealed that around 500,000 virtual cards had been activated by their Retail and Commercial customers, spending more than R1 billion since the beginning of 2021. “Our approach is to support our individual
Clicks continues expansion, plans to open 11 baby ‘showroom’ stores
South Africa’s biggest healthcare retailer JSE-listed Clicks Group is continuing its expansion drive despite continuing Covid-19 pressure and the impact of the July unrest on its business. Clicks executives told investors and analysts during its 2021 full-year results webcast on Thursday that the group is committed to its roll-out of new stores and has a
Pick n Pay is opening new up-market stores to go after Woolies
Retailer Pick n Pay has published its financial results for the six months ended 29 August 2021, with the group reporting solid results after a period impacted by the Covid-19 pandemic and social unrest. Group comparable earnings per share increased 90.9% year-on-year, while sales growth increased by 4.1% over the same period to R46 billion.
IMF sends growth warning to South Africa
The International Monetary Fund (IMF) expects South Africa’s economy to grow by 5% in 2021, reflecting a better-than-expected growth in the year’s first half. In its latest regional outlook for the Sub-Sahara region published on Thursday (21 October), the group warned that this growth could slow significantly in 2022 due to ongoing local issues. “The
PayPal is exploring a purchase of Pinterest
PayPal has made an offer to buy digital pinboard site Pinterest for US$45-billion, people familiar with the matter said on Wednesday, a combination that could herald more tie-ups between fintech and social media companies in e-ecommerce. The per share price would represent a 26% premium to Pinterest’s closing price of $55.58 on Tuesday. PayPal plans
Razer launches first internal PC hardware
PC gaming peripheral brand Razer has launched its first internal desktop components, including case fans, all-in-one liquid coolers, and platinum-rated power supplies. All of the hardware comes with RGB lighting, a staple of Razer’s gaming gear. The biggest piece is the Razer Hanbo AIO liquid cooler, which the company said boasts an optimised intake design
Donald Trump launches new social platform called “Truth Social”
Donald Trump has announced a SPAC attack. The former president is planning a new media and technology empire that will be publicly traded after a merger with a firm called Digital World Acquisition Corp., according to a Wednesday press release from the Trump Media and Technology Group. The move comes after Trump was kicked off
Android apps start arriving on Windows 11
Microsoft has started rolling out integrated Android app support to Windows 11 Insiders. The feature was one of the major additions announced during the initial unveiling of the operating system in June 2021. However, it was not ready when Windows 11 began rolling out to PCs on 5 October 2021. A handful of Android apps are now
Telkom reduces data prices
Telkom has quietly reduced the prices of its 24-month SmartBroadband Wireless contracts by between 30% and 43%. The company has also introduced changes to its product portfolio, such as increasing the data allocation of its 80GB service to 90GB while simultaneously decreasing the price. It similarly increased its 120GB service to 130GB and cut the
Bybit Wins the Most Transparent Exchange at Crypto Expo Dubai 2021
DUBAI, UAE, 21 October 2021 -/African Media Agency(AMA)/- Bybit, one of the world’s fastest growing cryptocurrency exchanges, has clinched the “Most Transparent Exchange” award at Crypto Expo Dubai (CED) Awards 2021. The award recognized Bybit for its track record of stellar performance, user feedback, scale and financials. “We are honored to receive this distinction, and will work
SAA management salaries breakdown
South African Airways (SAA) has dismissed allegations that it has a bloated management team that costs R300 million per year. National Union of Metalworkers (Numsa) national spokesperson Phakamile Hlubi-Majola recently said the new SAA has 250 managers managing 750 staff at the cost of R300 million. Hlubi-Majola added that ordinary workers had to take a
Cyril Ramaphosa Education Trust alumni crowdfund to support at least 6 first year students
The Cyril Ramaphosa Education Trust’s (CRET) alumni are giving back and paying it forward with an initiative of their own, supporting deserving students just like they were once supported. Now in established careers as a result of the bursary and development support they received from CRET, the alumni have established their own CRET Alumni Fund.
Brave browser replaces Google with its own search engine
Brave, the privacy-focused browser that blocks third-party ads and trackers by default, is switching to using its own search engine by default, the company has announced. The change will be applied for new users, and will affect which search engine is used via the browser’s address bar. Brave Search will replace Google in the United
Apple is ready to admit it was wrong about the future of laptops
There’s plenty to be excited about when it comes to Apple’s new 14- and 16-inch MacBook Pros. As well as souped-up Pro and Max versions of the already capable M1 chip that Apple debuted last year, they also include numerous quality of life improvements like the return of MagSafe, a row of function keys rather