Westcon-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
Read moreElon Musk’s xAI raises $6B from Valor, a16z, and Sequoia
Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, as he shores up capital to aggressively compete with rivals including OpenAI, Microsoft, and Google. Valor Equity Partners, Vy Capital, Andreessen Horowitz,
Read moreIndian EV startup Zypp Electric secures ENEOS backing to fund expansion to Southeast Asia
Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp
Read moreA venture capital firm looks back on changing norms, from board seats to backing rival startups
Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood, where 420 guests showed up to help the firm to celebrate, trade tips, and share war stories. There’s no question
Read moreFamilies of Uvalde shooting victims sue Activision and Meta
The families of victims of the shooting at Robb Elementary School in Uvalde, Texas are suing Activision and Meta, as well as gun manufacturer Daniel Defense. The families bringing the lawsuits are represented by attorney Josh Koskoff, who previously won a settlement from Remington for the families of Sandy Hook
Read moreY Combinator’s Garry Tan supports some AI regulation but warns against AI monopolies
Like most Silicon Valley VCs, what Garry Tan sees is opportunities for new, huge, lucrative businesses. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHow Maven’s AI-run ‘serendipity network’ can make social media interesting again
Everything in society can feel geared toward optimization – whether that’s standardized testing or artificial intelligence algorithms. We’re taught to know what outcome you want to achieve, and find the path towards getting there. Kenneth Stanley, a former OpenAI researcher and co-founder of a new social media platform called Maven,
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