Technology start-ups in Africa secured total funding of more than US$185,7m, or R3,1bn, in 2015, according to new data. Research by Disrupt Africa, a website that focuses on the start-up ecosystem on the continent, found that the money was shared between 125 tech start-ups
Economists love Uber’s surge pricing. But it is doomed, because customers hate it. Why? Surge pricing occurs when the supply and demand for Uber vehicles becomes unbalanced, for example, due to inclement weather, a public holiday such as New Year’s Eve
Every time a toddler accidentally shoots a friend or family member, a teen kills himself via gunshot or a shooter…
Technology group EOH, whose share price has come under significant selling pressure in the past month as investors worry about its ability to maintain its stellar growth record, rose by almost 2% in trading on Tuesday morning after telling shareholders it is on track to report significant growth
Silvertree Capital, the investment arm of Cape Town-based Silvertree Internet Holdings (SIH), plans to invest US$10m (about R170m) in consumer-focused Internet start-ups in 2016, it said on Tuesday. The company, whose business-to-consumer e-commerce investments include
Networking giant Cisco expects cloud traffic in Africa and the Middle East to more than quadruple by the end of 2019, with 83% of all data centre traffic in the region coming from the cloud. The forecast is contained in the fifth annual Cisco Global Cloud Index (2014-2019), released
Bored with South African television? Future TV, a start-up founded by Johannesburg IT businessman Steven Cohen, wants to give local couch potatoes access to the world’s streaming services without the hassle of having to jump through technical hoops to do it
View the latest Backspace cartoon from Jerm.
Ever since computers were first introduced into the retail banking system in the late 1950s, there has been the vision of a future world where cash is obsolete. The near death of personal cheques, increase in debit and credit card use, and innovations such as PayPal
Who could possibly be against free Internet access? This is the question that Mark Zuckerberg asks in a piece for the Times of India in which he claims Facebook’s Free Basics service “protects net neutrality”. Free Basics is the rebranded Internet.org, a Facebook operation where
