Onyx Motorbikes was in trouble — and then its 37-year-old owner died
James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart. Onyx was being evicted from its warehouse in El Segundo, Los Angeles. The company’s unpaid bills were stacking up. His chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes
Read moreTop 5 Smartphone Brands Worldwide by Shipments: 2024
Samsung. Image sourced from CoinDesk. According to the latest data from DooFinder, Apple holds the top position as the world’s No. 1 smartphone brand by shipments in 2024. It is followed by Samsung in second place despite experiencing a 15.5% annual decrease. DooFinder is a company that provides technology solutions
Read moreCLG’s New Managing Director in Congo: Yves Ollivier
CLG Global has appointed Yves Ollivier as the Managing Director of its Republic of Congo branch. CLG is a pan-African legal and commercial advisory organization. To strengthen its position in Africa and provide greater support for hydrocarbon projects, the company recently established a new office in Pointe Noire, the nation’s
Read more‘Focus on People, Culture to Reduce Risks and Expansion of AI’
With the advent of accessible generative artificial intelligence- gen AI tools such as ChatGPT, more and more organisations are experimenting with the technology and weaving it into their day-to-day processes. As gen AI advances in leaps and strides, it is sure to become as much a part of our working
Read moreDoly lets you generate 3D product videos from your iPhone
AniML, the French startup behind a new 3D capture app called Doly, wants to create the PhotoRoom of product videos, sort of. If you’re selling sneakers on an online marketplace or need to create Instagram ads for your direct-to-consumer wares, Doly helps you generate 3D models with your phone and
Read moreJSE Investment Challenge: April Winners Revealed
The 51st annual JSE Investment Challenge, a premier financial literacy program that encourages investment skills among South Africa’s youth, has its April round winners announced. An interactive online trading game called the JSE Investment Challenge was created to introduce university and high school students in South Africa to investing in
Read moreWestcon-Comstor Unveils Robust Financial Performance
Westcon-Comstor, a global technology provider and specialist distributor, announces its results for the year ended 29 February 2024 (FY24). Financial highlights Total revenue up 8% to $3.69bn (FY23: $3.42bn), driven by strong software results Gross sales across strategic vendors increases by 10%, with a CAGR of 10% over the last
Read moreThe future of cross-border payment: Traditional vs digital
As the world of finance embraces the digital age, businesses now have the luxury of choosing platforms that offer convenience and efficiency in managing their finances. For companies dealing with international clients, digital payment systems for cross-border transactions are becoming essential, offering speed, safety, and cost savings. Africa is witnessing
Read moreShell Comments on the Sale of SAPREF following SA Exit
In a recent official statement, Shell Plc has affirmed to ITNA—IT News Africa—the accuracy of media reports regarding its plan to divest from South Africa. This entails the sale of its downstream assets, comprising more than 500 service stations or forecourts operated by the company within the country. Subsequent to
Read moreMTN: Top African Brand and Leader in ‘Doing Good’
The MTN Group has maintained its position as the top brand in the annual ‘Brand Africa 100: Best Brands’ survey. Additionally, it continues to lead among African brands in terms of societal, environmental, and corporate responsibility efforts. This recognition underscores our commitment to ESG- Environmental, Social, and Governance initiatives aimed
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