Author: Tapiwa Matthew Mutisi

International Business Machines Corp. (IBM) will buy software company Apptio for $4.6 billion, marking the seventh acquisition this year as Chief Executive Officer Arvind Krishna pushes the company’s transformation into a hybrid-cloud and artificial intelligence business. IBM said in a statement on Monday that it will use available cash on hand for…

African cities are growing at a rapid pace. So too are their environmental footprint. And Kubik, an upcycling startup with operations in Kenya and Ethiopia, is among the companies that are leading plastic waste reuse and sustainability efforts in the continent’s nascent recycling sector, which currently salvages only four percent of the…

Twitter has resumed paying Google Cloud for its services, patching up a relationship that became strained after Elon Musk acquired the social network and stopped paying Google and various other companies. Twitter’s new CEO, Linda Yaccarino, helped get the relationship back on track, according to a person familiar with the…

Twitter owner and Tesla CEO Elon Musk said Wednesday he discussed potential “significant investments” in India after meeting Prime Minister Narendra Modi in the United States. Musk, one of the world’s richest men, said that Modi was “pushing us to make significant investments in India, which is something that we…

OpenAI, the non-profit research company that created the popular ChatGPT chatbot and powerful language model GPT-4, is reportedly working on an app store for AI software. The store would allow developers to sell their AI models built on top of OpenAI’s technology. The app store is still in the early stages of development, but it has the potential…

A story that has grappled the entire world with enormous worry and anxiety is that of the search and rescue mission currently underway to find a missing submersible with five people on board that lost contact near the Titanic shipwreck. But as I closely followed the news, I also bumped…

Spotify Technology SA is planning a more expensive subscription option that’s expected to include high-fidelity audio in an effort to drive more revenue and placate investors who’ve been saying the company should raise its prices. Dubbed “Supremium” internally, according to people familiar with the strategy, the new tier will be…

Electronic Arts Inc. is reorganizing itself, shuffling several top executives, and creating two new divisions, EA Entertainment, and EA Sports, to house video game franchises such as Madden NFL and The Sims. The company also announced a new chief financial officer, chief experiences officer, and heads of the new organizations. Chief Executive Officer…

Employees are suing Twitter over tens of millions of dollars in bonuses they say the social media company failed to pay despite promises it would. Twitter has a cash performance bonus plan that is paid out annually and in the months leading up to Elon Musk’s acquisition of the company…

Meta has unveiled a new AI tool, dubbed ‘Voicebox’, which it claims represents a breakthrough in AI-powered speech generation. However, the company won’t be unleashing it on the public just yet because doing so could be disastrous. This type of technology could be used in the future to help creators…

After testing it out over the past few months, Instagram is finally rolling out the option to download publicly posted Reels to your camera roll, which will provide another way to share Reels content. Rival short video app TikTok has had this feature for years and gained popularity by people watching…

Amid the global meltdown and recession fears, many tech companies are laying off workers across the globe including tech giants like Meta and Twitter, and today online marketplace OLX Group has cut around 800 jobs globally. And this really doesn’t come as a huge surprise because this move comes as…

Kwon Do-hyeong, also known as Do Kwon, the disgraced former cryptocurrency boss behind the $40bn (£31.3bn) collapse of the terraUSD and Luna tokens, has been sentenced to four months of jail in Montenegro after being found guilty of forging official documents. And he also faces charges in the United States…

Alibaba is replacing Daniel Zhang as chief executive and chair of the Chinese e-commerce giant, with a top lieutenant to its former boss Jack Ma set to take the reins. Eddie Yongming Wu, an Alibaba co-founder, and chair of Alibaba’s flagship e-commerce sites Taobao and Tmall, will replace Zhang as…

Techstars-backed fintech startup, Glade, joins the list of fintechs that have suffered losses from breaches to their technology. The startup was the victim of an internal breach which led to the loss of $214,000. The company’s CEO, Liyi Victor, confirmed the breach. Liyi said that the perpetrators hacked the company’s…

Spotify executive and popular podcaster Bill Simmons has hit out at Prince Harry and Meghan, Duchess of Sussex, labeling them “grifters,” after their multi-year partnership with Spotify ended on Friday. Simmons said on his self-titled podcast Friday: I wish I had been involved in the ‘Meghan and Harry leave Spotify’ negotiation. The F**king Grifters.’ That’s…

Seedstars Capital and Fondation Botnar have launched a $20 million investment fund for early-stage African companies. The fund Seedstars Youth Well-being Ventures intends to invest $20 million in early-stage start-ups, aiming to improve the welfare of young people in low- and middle-income countries across the continent. Seedstars Capital is an alternative investment platform,…

South African pay-as-you-go (PAYG) solar energy startup Yellow has raised $14 million in series B funding in a round led by Convergence Partners with participation from the Energy Entrepreneurs Growth Fund, managed by Triple Jump, in addition to follow-on investment from Platform Investment Partners. It is rapidly emerging as one of…

Mired in controversy over its application programming interface (API) changes, Reddit is now in for further trouble as hackers have threatened to release 80GB of data stolen from the social discussion platform unless the company pays a ransom demand and reverses its controversial API price hikes.  The BlackCat ransomware gang, also…

The multimillion-dollar deal that a media group run by Prince Harry and his wife Meghan, the Duchess of Sussex, has had with streaming giant Spotify is ending by mutual agreement after the couple had produced just one series under their Archewell Audio podcast imprint since inking the agreement in 2020 for a reported…