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  • May 27, 2024
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‘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

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  • May 27, 2024
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Doly 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

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  • May 27, 2024
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JSE 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

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  • May 27, 2024
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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

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  • May 27, 2024
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The 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

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  • May 27, 2024
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Shell 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

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  • May 27, 2024
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MTN: 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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  • May 27, 2024
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Elon 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,

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  • May 26, 2024
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Indian 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

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  • May 26, 2024
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A 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

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