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Ferrari appoints new CEO
Italian luxury sports car maker Ferrari on Wednesday named as its new chief executive Benedetto Vigna, a physics graduate who has spent the last 26 years at chip maker ST Microelectronics (ST). Vigna, 52, leads ST's division in charge of sensors and micro-electromechanical systems (MEMS), the company's biggest and most profitable business in 2020. ST's
Eskom load shedding returns to shake the economy
BankservAfrica says that while South Africa’s economic signals in 2021 are encouraging, the recovery has slowed – and the current load shedding across the country threatens to derail the economy’s progress in the coming months. The latest BankservAfrica Economic Transactions Index (BETI) showed yet another record breaking month of strong growth in May 2020, up
The six-year-old iPhone 6S will get iOS 15, and that rules
The iPhone 6S will turn six years old this September, an eternity in phone years. If you’ve managed to hold onto one this long, then Apple has some good news for you — your phone will be eligible for the iOS 15 upgrade when it arrives for the public this fall. The iPhone 6S, 6S
Waabi, the rare autonomous vehicle startup with a woman CEO, raises $83.5 million
For one, it’s founded by Raquel Urtasun, a renowned expert in computer vision who ran Uber Advanced Technology Group’s Toronto outpost, making it one of the few women-led AV startups in the world. Second, the Toronto-based company just came out of stealth having raised $83.5 million, which is among the largest Series A rounds ever
Nigeria's Twitter ban could cripple investments
In recent years, Lagos, Nigeria’s biggest city, has become Africa’s most attractive tech hub for investors. But that could be imperilled by the government’s decision to suspend Twitter’s operations in the country. Although no direct connection has been drawn, the ban came two days after Twitter took down a tweet by President Muhammadu Buhari. Twitter claimed the message had been deleted because it
Here are the devices that can run iOS 15, iPadOS 15, macOS Monterey, and watchOS 8
Apple announced iOS 15, macOS Monterey, watchOS 8, and iPadOS 15 software at WWDC 2021. The public beta period will begin in July, and whether you’re curious to download them then, or just waiting for the final release, you’ll need to have the right hardware to do it. Apple usually eliminates support for a few
Countless popular websites are currently facing an outage
Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal, Vimeo, Shopify, Stripe, and news outlets CNN, The Guardian, The New York Times, BBC and Financial Times are currently facing an outage. A glitch at Fastly, a popular CDN provider, is thought to be the reason, according to a
'Historic' G7 deal to stop global corporate tax avoidance welcomed by tech giants Google and Facebook
Google and Facebook have welcomed a G7 deal on tackling corporate tax avoidance by big tech companies. The agreement will see a global minimum corporate tax of at least 15% – lower than a floor of 21% mooted by President Biden – and changes to which countries will benefit. Chancellor Rishi Sunak called the deal
Amazon chief Jeff Bezos to travel into space next month for 'adventure'
Amazon's billionaire founder Jeff Bezos said on Monday he and his brother Mark will fly on the first crewed space flight from his rocket company Blue Origin next month. "Ever since I was five years old, I've dreamed of traveling to space. On July 20th, I will take that journey with my brother," Bezos, who
Shoprite gets its own ‘police force’
The Shoprite Group says it has seen continued success from an in-house security team that helps make hundreds of criminal arrests a year. The in-house team – operating from a centralised command centre – is involved in the entire process from identifying suspects to their arrest, including being in court to oppose bail, and working
The main reasons why insurers will deny your claims
Insurance cover is not a guarantee that your claim will be paid out, and insurers have the right to deny a claim under certain circumstances, says Wilma van der Walt, executive of customer experience and operations at PPS Short-Term Insurance. Below she outlined how to ensure your vehicle and home claims are paid out as a
South Africa to review BEE laws
President Cyril Ramaphosa says government will over the next few years review the country’s Broad-based Black Economic Empowerment (BBBEE) strategy and the accompanying Act to put economic transformation on a new trajectory. Addressing the 45th Black Management Forum (BMF) corporate update dinner on Friday, president Ramaphosa said while there has been progress, the country still
MTN to bid again for Ethiopia telecoms licence if mobile money included – CEO
South Africa’s MTN Group will bid again for an Ethiopian operating telecom licence in the second round if mobile financial services are included, its CEO said on Friday after losing the first round. Mobile financial services is key to MTN’s strategy as it continues to evolve from just providing voice to also providing data, digital
Previous competitors, Ispa and Telkom work together
Telkom’s wholesale division Openserve has joined the Internet Service Providers’ Association of South Africa (ISPA). This comes as the association celebrates its 25th year of existence this month. When the Internet Service Providers’ Association (Ispa) was founded 25 years ago, its principal raison d’être was fighting Telkom’s stranglehold over South Africa’s telecommunications sector. A quarter
Apple’s next iPad Pro has wireless charging and a glass back: report
Apple is working on a new version of the iPad Pro with wireless charging, according to a new report in Bloomberg. To accommodate the technology, Apple will reportedly switch to a glass back for the new models, instead of the aluminum found on the rear of every iPad released so far. Apple is said to
Twitter announces subscription service that will let users edit tweets
Twitter Inc on Thursday unveiled its new subscription-based service that will grant users access to exclusive features, including one to undo a published tweet within 30 seconds of posting. Twitter Blue will include other features like bookmarks folder, which will enable users to save tweets in separate folders, and ‘reader mode’ which will turn long
Tracking cookies are dead
Ryan Sauer, MD at King James Digital concedes we’re venturing into unknown territory. “What we are seeing is a massive drive to acquire, segment, store and plan communications to a client database as quickly as possible. We have already begun accessing 1st party data, which is the collection of user identifiable data in the form of
Competition Commission blocks Burger King's acquisition over lack of BEE
The Competition Commission has blocked the proposed acquisition of Burger King South Africa by private equity fund, ECP Africa, on the basis that BEE shareholding in the company would drop to 0%. ECP Africa – which comprises several different funds – intended to acquire Burger King SA and Grand Foods Meat Plant from Grand Parade
Huawei teases its upcoming P50 flagship phone
During Huawei’s HarmonyOS livestream, the company provided a first look at its upcoming P50 series phone. Few specs were given, and it didn’t talk pricing or tease a release date, but the sizzle reel did reveal a close-up look at its interesting camera array. Four camera lenses are visible, along with two flashes. It’s tough
Microsoft to unveil its “next generation of Windows” later this month
Microsoft is planning to detail its “next generation of Windows” at an event later this month. The software giant has started sending invites to media for a Windows event on June 24th. Both Microsoft CEO Satya Nadella and chief product officer Panos Panay will be presenting at the Windows event. Microsoft’s Windows event will start