The price of bitcoin has crashed to below US$290, its lowest since November 2013, and far below its all-time-high of $1 242 later that same month. For about three hours the price sat below $300. This relatively mundane observation is actually merely the tip of the iceberg for bitcoin
Several delays in the regulatory process necessary to roll out government’s subsidised television set-top boxes for digital terrestrial television indicate continuing indecision and possible manipulation by broadcasting industry players, individuals in state entities and deployed ANC
South Africa has ranked 56th out of 144 countries, according to the World Economic Forum’s 2014/2015 Global Competitiveness Index (GCI). Last year the country’s ranking was 53rd out of 148. The index looked at 12 “pillars” — institutions, infrastructure, macroeconomic environment
A new website that maps start-ups in Cape Town wants to encourage better connections between the various new businesses in the city by giving them the opportunity to put themselves on the map – literally. Mapped in Cape Town went live on Monday and is
A shift away from focusing mainly on products and onto more complex value-added IT services appears to be paying off for Datacentrix. JSE-listed technology group has lifted headline earnings per share year on year by 16% to 24,3c on the back of a 9% improvement in
President Jacob Zuma has not received a letter from the national assembly requesting him to suspend SABC chair Zandile Tshabalala, the presidency has said. “According to media reports, the portfolio committee on communications in the national assembly has recommended
If there’s one group of local companies that doesn’t need help, it’s our telecommunications providers. For decades, this cosy oligopoly has reaped the enormous benefits of rapidly growing new markets, from cellular telephony to data. And yet now they are whining about unfair
Deezer, a Paris-based digital music streaming service that competes with Spotify, is in talks with Vodacom “as it seeks to expand in Africa faster than its rival”, Bloomberg reported on Monday. An unnamed Bloomberg source said that Vodacom will offer its customers access to
“F*** Earth!” Elon Musk said, laughing. “Who cares about Earth?” Musk was laughing because he was joking: he cares a great deal about Earth. When he is not at SpaceX, he is running an electric car company. Elon Musk argues that we must put a million people on Mars if
The profits generated by some technology firms are awe-inspiring, serving as beacons for those at less fortunate enterprises. Devices have accounted for a large part of that success, particularly smartphones. But challengers trying to follow this route to profits are likely to be disappointed
