Akshay Grover, the Group CEO of Cellulant, a leading African payment company, will step down in order to focus on personal matters. Grover joined Cellulant in January 2021 as CFO and became Acting CEO in May 2021 after the resignation of previous CEO and co-founder, Ken Njoroge. Cellulant has affirmed…
Author: Tapiwa Matthew Mutisi
Microsoft has announced that it will introduce a dedicated keyboard key for its Copilot AI on Windows 11 PCs. The company referred to this update as “the first significant change to the Windows PC keyboard in nearly three decades” in a blog post preceding CES 2024 in Las Vegas. The…
Digital printing and document management technology provider Xerox has announced a major workforce reduction plan, with 15% of its employees slated to be laid off. This move is a part of Xerox’s plan to establish a new organizational structure and operational model. As of December 31, 2022, Xerox had around…
Chip maker Intel and global investment firm DigitalBridge have launched a standalone generative artificial intelligence (GenAI) business named Articul8. The platform provides enterprise clients with an entirely integrated, vertically-optimized, and secure GenAI platform, giving them the autonomy to choose between cloud, on-premises, or hybrid deployment alternatives. Articul8 is the go-to…
Cameroonian fintech startup, Koree, which enables customers to save their spare change on their cards, has successfully secured a pre-seed funding round of $200,000. Koree plans to utilize these funds to expand its merchant network, increase its user base, and ultimately strive for product-market fit, as stated by Koree’s founder,…
Not the most ideal kick-off to 2024 for Elon Musk, who now owns X, previously known as Twitter. Musk reached out to YouTube’s top content creator, MrBeast, encouraging him to share his videos on the X platform. Unfortunately for Musk, his request was turned down, primarily due to concerns about…
A 13-year-old American gamer, known for streaming gameplay, accomplished what was once deemed unattainable — defeating the Nintendo Entertainment System (NES) version of the game Tetris. On Tuesday, Willis “Blue Scuti” Gibson, the young game streamer, shared a 42-minute-long video on YouTube. This video documented the remarkable gaming session in…
Investment giant Fidelity has revealed in a new securities filing that it values its shares in X, previously known as Twitter, at 71.5% less than they were when Elon Musk initially purchased the social media company back in October 2022. Fidelity’s recent disclosure signifies a persisting trend that has systematically…
Samsung indeed continues to keep the tech industry on its toes with its relentless innovation and frequent launches. The Korean tech giant is primed to reveal its next-generation flagship Galaxy S24 smartphones, boasting new AI-powered features, on January 17. The event is slated to occur at the SAP Center in…
In the final quarter of 2023, BYD surpassed Tesla for the first time, establishing itself as the world’s largest electric car producer. The Chinese firm tallied record-breaking sales last year, including 525,409 battery electric vehicles (BEVs) in the quarter leading up to December 31, as revealed in a stock exchange…
China’s central bank has confirmed that Ant Group’s mobile payment app, Alipay, has no controlling entity, marking a significant step in the fintech giant’s restructuring process necessary to rejuvenate its much-awaited initial public offering. The restructuring resulted in a decrease in founder Jack Ma’s voting rights from 53.46% to just…
Baidu’s ambitious plan to grow its live streaming business in China and diversify its income stream took a hit with the collapse of a planned $3.6 billion acquisition. The leading Chinese tech company announced on Monday that one of its affiliated entities had terminated a 2020 agreement with Joyy, a…
The Dutch government has directed ASML to limit the export of certain chip-making equipment to China, the company confirmed on Monday. This move follows increased restrictions by the United States on the kinds of semiconductors American firms can sell to China, in addition to urging allies to implement their own…
China’s leading electric vehicle manufacturer, BYD, reported a record-breaking quarterly profit on Monday, selling 526,409 fully electric vehicles in the fourth quarter, reaffirming its robust position in the highly competitive high-tech sector, where it faces both local and international rivals. The Shenzhen-headquartered company recorded a profit of 10.4 billion yuan…
Nearly a year after billionaire Jack Ma pledged to relinquish his hold on Ant Group Co., the company has successfully completed the procedure to eliminate its controlling shareholders. The central bank of China, the People’s Bank of China, has approved an application that allows for the removal of all controlling…
You never know, luck might be on your side as we head into 2024. Amazon is currently on the lookout for 50 full-time employees and one seasonal recruit in South Africa, coinciding with its plans to create a marketplace in the region. Among the several positions advertised are a customer…
OpenAI, the company behind the ultra-popular chatbot, ChatGPT, has outlined strategies to avert any potential worst-case outcomes that could result from the potent artificial intelligence technology it’s developing. OpenAI has now released a 27-page “Preparedness Framework” document this week. The document lays out its strategies for tracking, assessing, and safeguarding…
Social media platform Parler, which caters to right-wing voices and was taken offline following the Jan. 6 insurrection, is planning to relaunch before the upcoming presidential elections. The platform’s new owners, PDS Partners, announced the platform’s impending “powerful resurgence” and a return to its roots as a “robust marketplace of…
Once fighting for its survival, Huawei, the Chinese technology giant that has been at the center of increasing tension between Washington and Beijing, has reported they are “back on track” with a strong outlook for 2023. On Friday, the Shenzhen-based company announced it anticipates over 700 billion yuan ($99 billion)…
Microsoft launched a standalone Android app for Microsoft Copilot some few days ago, and it has now been followed shortly by the release of iOS and iPad versions on Apple’s App Store. This provides users quick access to the AI assistant, where they can type in queries and receive responses…