Author: Tapiwa Matthew Mutisi

Multimedia group MultiChoice has notified shareholders to expect a significant loss when it presents its financial results for the year ended 31 March 2023. In a trading statement, the group said it expects its headline earnings per share to be between 671 cents and 690 cents lower (>100%) than the…

Linda Yaccarino, who recently assumed the role of CEO, took to Twitter on Monday morning, one week into her new position, and sent her inaugural memo to employees titled “Building Twitter 2.0 Together.” In the memo, she outlined her reasons for joining the company and incorporated familiar buzzwords and phrases…

WordPress has announced a proprietary AI-powered writing assistant to help users create and edit blog posts. The new tool, called Jetpack AI Assistant, is now readily available on WordPress.com and seamlessly integrates into the editor interface. The assistant is the work of Automattic, the company that owns WordPress.com and contributes to the…

Today Salesforce unveiled AI Cloud to bring generative AI tools to all the CRM and CX vendor’s applications, and will be generally available later this year. AI Cloud is similar to Salesforce’s existing Data Cloud. Both support various AI models and are built on top of Hyperforce, Salesforce’s infrastructure for the public cloud,…

First Capital Bank Board of Directors appoints transformative banker, Mr Tapera Mushoriwa, as their new Managing Director, taking over from Ciaran McSharry who has been with FCB since 2018. The move to appoint Mushoriwa, a seasoned business executive and banker, has been viewed as a bold strategy statement by the…

Africa’s leading entertainment company, Multichoice, has just announced that the subscription video streaming service BritBox is now available as an add-to-bill option for DStv subscribers. BritBox, a joint venture between UK broadcasting powerhouses the BBC and ITV, will be available as an app on the Explora Ultra and Streama devices…

India’s popular short-form video app similar to TikTok with over 35 million monthly active users, Tiki, will cease operations in India on June 27. This decision adds to the growing number of businesses that have struggled to fill the gap left by the ban on TikTok imposed by the Indian government…

Customer engagement startup, Termii, has secured $3.65 million new funding round led by Ventures Platform, bringing its total funding to date to slightly $5 million. Other participants include New York-based fund FinTech Collective, Launch Africa Ventures, Nama Ventures, Aidi Ventures, Ralicap Ventures, Now Venture Partners, Vastly Valuable Ventures, NOA Capital, Assembly…

The UK has announced R3.7 million (£190,000) in funding for new skills development across South Africa for jobs in the fast-growing electric vehicle sector. In a statement on Wednesday, the UK high commission said the new support will fund research to ensure South African students are developing the highly sought-after…

Leading open-source “headless” content management system (CMS), Strapi has raised $31 million in Series B funding led by CRV with participation from Flex Capital, Index Ventures, and angel investors including former GitHub CEO Nat Friedman. CEO Pierre Burgy suggested that with the initial capital raised the plan is to launch…

Andreessen Horowitz (a16z crypto) led a $25 million funding round that will help Goldfinch continue to offer uncollateralized DeFi loans to businesses in emerging markets. Goldfinch is a decentralised credit platform that broadens the pool of potential lenders beyond just banks. The protocol operates as an open marketplace for loans without collateral and…

According to new data from blockchain analytics firm Chainalysis, crypto scammers took home a record $14 billion in cryptocurrency in 2021, thanks in large part to the rise of decentralized finance (DeFi) platforms. Losses from crypto-related crime rose 79% from a year earlier, driven by a spike in theft and…

LinkedIn is reportedly launching Clubhouse-style audio events feature with a twist. In this case, users will also be able to use video! The feature is currently still in beta mode. Linkedin, with over 800 million people listing their professional profiles to build their careers, is now taking things a step…

Advertising in podcasts used to be nothing more than a host rattling off a promo code or URL, which listeners may or may not remember to manually input. Spotify is making podcast advertising more interactive and accessible with call-to-action (CTA) cards, which launched on Spotify original and exclusive podcasts on…

The New York Times Co. agreed to buy the Athletic, acquiring a sports-news website with more than 1 million subscribers. The newspaper publisher is paying $550 million for the Athletic, which will remain a standalone product, Times Chief Executive Officer Meredith Kopit Levien said Thursday in a statement. The deal is expected to close…

Brave, the Chromium-based and privacy-focused browser, now has 50 million monthly active users. That total means user numbers have more than doubled from the 24 million it had at the end of 2020. To put Brave’s milestone in perspective, Google has billions of active users on Chrome, Android, iOS, and Windows.  Nonetheless, Brave has…

Tencent-owned WeChat, China’s largest messaging app and one of the country’s biggest payment services, will begin supporting the country’s sovereign digital currency. China has been working on the digital yuan since 2014 and is yet to roll it out nationwide. But the move by WeChat, which has over 1 billion users,…

Tencent Holdings Ltd.’s WeChat super app managed remarkable growth in services from e-commerce to payments and search over the past year, defying a government crackdown that sought to tear down barriers within China’s internet arena. Daily active users of WeChat mini-programs — lite apps within the main social media and…

Gaming peripheral manufacturer Razer has unveiled its second Covid-19 mask, dubbed the Razer Zephyr Pro. The new mask succeeds the standard Razer Zephyr, which sold out shortly after going on sale in October 2021. Razer initially only showcased the first mask as a concept called “Project Hazel” during CES 2021. While…

The former MTN chief technology and information officer Charles Molapisi has taken over as CEO of MTN South Africa after Godfrey Motsa stepped down as leader of the SA unit on January 1, 2022. Charles Molapisi has been serving as group chief technology and information officer (CTIO) since January 2019. He has…