Elon Musk’s flip-flopping on Bitcoin knocks crypto confidence
R80.5bn pumped into SA’s wind energy sector in last decade
To date, 27 wind farms have successfully been connected to the national grid, increasing installed wind power capacity to almost 2 500MW.
Standard Bank taps AI to boost insurance business
The financial institution uses artificial intelligence and machine learning to predict those clients likely to cancel their insurance policies.
‘Smart modern’ SARS in the works as it ups ICT spend
The South African Revenue Service plans to increase its ICT budget by 2% this fiscal year, according to commissioner Edward Kieswetter.
5G shifts global smartphone user behaviour
Users worldwide spend more time with cloud gaming and augmented reality, while 20% decrease usage of WiFi on their phones at home, says a report.
Mask or no mask, Idemia wins face recognition contest
Biometric solutions company Idemia says its new facial recognition technology can accurately identify people wearing face masks.
Convergence Partners gets CompCom approval for Ctrack deal
The commission found the proposed transaction is unlikely to result in a substantial prevention or lessening of competition in any markets.
Transactional Capital begins WeBuyCars takeover discussions
The company says it is confident the online vehicle retailer will accelerate and support a sustainably higher growth trajectory for the group.
SA crypto exchanges ride on Ethereum’s all-time highs
Luno, AltCoinTrader and VALR report a massive surge in volumes and interest in the world’s second most popular digital currency.
Can machine learning help make a perfect dating match?
The process of matching with someone through a dating app becomes more efficient when developers apply machine learning to the algorithms.
Bitcoin’s bull run continues
The biggest driver of this latest Bitcoin growth has been the entrance of large, institutional players into the market, says Jonathan Ovadia, CEO of Ovex.
High cost, skills shortage hinder AI adoption in SA
Despite the strong intention to do so, South African organisations struggle to actually embrace artificial intelligence, reveals World Wide Worx MD Arthur Goldstuck.