What’s the most valuable startup in America now worth more than SpaceX? Well, we can now safely say – move over, SpaceX and Instacart: Payments processing company Stripe is now the most valuable startup in America. Stripe announced over the weekend on Sunday a new $600 million round of funding at a…
Author: Tapiwa Matthew Mutisi
Tesla CEO Elon Musk may have already been the unofficial king of Tesla Inc. and isn’t only a CEO either, but on Monday, he became a king of sorts. He is now Tesla’s Technoking, the company said in an official filing with the Securities and Exchange Commission. Tesla Chief Financial Officer Zach…
As James Cameron’s sci-fi blockbuster Avatar once again became the highest-grossing film of all time worldwide today, a long-held Hollywood tradition of the previous record-holder paying homage continued. Marvel Studios, whose Avengers: Endgame was just eclipsed by Avatar, tweeted congratulations to Cameron, as well as producer Jon Landau and “all of the Na’vi Nation” for “reclaiming the box…
“Avatar” is once again the highest-grossing film of all time. Over the weekend, James Cameron’s sci-fi epic was rereleased in China and garnered enough in ticket sales to overtake “Avengers: Endgame” for the record. “Avatar” first became the top-selling global release of all time in 2010 when it usurped Cameron’s…
Tesla Inc Chief Executive Officer (CEO) Elon Musk’s tweets are the subject of another lawsuit. A Tesla investor is suing both the Tesla board and Elon Musk for continuing to send “erratic tweets” that violate a 2018 settlement with the U.S. Securities and Exchange Commission that requires oversight of his…
Xiaomi, which was blacklisted in the last days of the Trump administration, has legally won its battle against a US government move that sought to ban investment in the Chinese company and could’ve forced American investors to divest their holdings. The restrictions were supposed to go into effect next week, but a federal…
President Joe Biden may be continuing his predecessor’s [Former US President Donald Trump] hardline stance against China’s growing technological dominance as the US has labeled five Chinese tech companies, including Huawei, as national security risks. The US Federal Communications Commission (FCC) on Friday designated five Chinese tech firms as posing…
You asked for it, now you’re getting it. As we’d expect from OnePlus at this point, the march to a new product release includes a steady drip-feed of information. That includes its first smartwatch, which we will see on March 23rd at the same time its new OnePlus 9 series of phones…
“Avengers: Endgame,” the Marvel superhero blockbuster, is poised to relinquish its title as the highest-grossing movie in history to James Cameron’s science-fiction blockbuster “Avatar,” the previous record-holder. Prior to the release of “Endgame” in April 2019, James Cameron’s groundbreaking sci-fi epic held the ultimate box office crown for a decade with $2.7897 billion worldwide.…
Ending weeks of stagnancy, Bitcoin today shot up in price, hitting new all-time highs of $60,000 for the first time in its 12-year history as increasing backing from corporate heavyweights helps the world’s most popular virtual currency continue its record-breaking run. This is about $1,750 higher than Bitcoin’s previous all-time high, $58,258,…
The City of Cape Town has officially launched the Mobile Business Hub which aims to support the growth and recovery of the SME sector in the local economy. As a mobile service, the newly launched resource will be visiting several communities in Cape Town to offer onsite business support. The Mobile…
mPharma, a health tech startup based in Ghana that manages prescription drug inventory for pharmacies and their suppliers, has signed a franchise agreement with Belayab Pharmaceuticals PLC to increase patient access to affordable and quality medications in Ethiopia, through its subsidiary, Haltons Limited. Through this agreement, mPharma will leverage its technology…
South African tech startup FlexClub, a car subscription marketplace, has secured $5-million (R75 million) in a seed round of funding led by Kindred Ventures, while adding to an initial $1.2 million it raised in 2019. According to reports, the funding will be used to further scale up the automotive tech startup’s…
Cairo-based fintech startup Dayra has joined Y Combinator’s (YC) Winter 21 group and secured the largest debt and equity Pre-Seed round in the region with a total of $3-million received. The Pre-Seed round of funding was led by Tanmiya Capital Ventures, EFG EV Fintech, EFG Hermes, and Y Combinator, as well as multiple…
Semiconductor company Advanced Micro Devices Inc. (AMD) that develops computer processors and related technologies for business and consumer markets announced that it’s releasing RX 6700 XT a new model of gaming card amid shortages that have plagued customers well before the holiday shopping season last year. AMD introduced the Radeon RX 6700 XT graphics…
Global systems integrator and managed services provider for hybrid IT Dimension Data Middle East and Africa (MEA) CEO Grant Bodley will step down at the end of the month and will be replaced by current COO Werner Kapp effective April 1. Bodley will stay on beyond 31 March for a…
When it comes to gaming phones, few OEMs can top the ROG-branded devices we see each year from Asus. Now, the company’s 2021 entry is finally official: the Asus ROG Phone 5! Asustek Computer Inc., best known for its PC and gaming enthusiast gear, launched the latest in its Republic…
Nowadays, people go to Google Search for news and updates and Google search provides every answer to each and every question. Recently, the company is adding a new “full coverage” feature to Google search. It will allow the users to get a more comprehensive context to new stories. Google announced it is…
We are still quite taken aback, and that also includes many security experts with such an aggressive Chinese-linked hack of Microsoft’s Exchange email service which has now affected hundreds of thousands of Microsoft customers around the world – the second major hacking campaign to hit the US since the election. The first one…
“Sometimes it’s better said with a picture or a video.” Twitter is testing a couple of new features that could improve the way photos appear on the social media platform. In a series of tweets Wednesday, Twitter Support said Twitter is testing larger photos and 4K images over the next few weeks. We…