What happened to the metaverse?

What happened to the metaverse?

Rennie Naidoo, Professor of Information Systems at the Wits School of Business Sciences. A few years ago, the metaverse seemed unavoidable. Technology companies invested billions. Consultants forecasted trillions in economic value. Executives appointed metaverse leaders. Investors bought virtual land. Analysts spoke confidently about a future in which work, entertainment, commerce and social interaction would merge…

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Cook warns of unavoidable Apple price hikes

Cook warns of unavoidable Apple price hikes

Apple CEO Tim Cook Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview. A surge in AI-driven demand for data centres has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components,…

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Lesaka pushes out Bank Zero deal deadline

Lesaka pushes out Bank Zero deal deadline

Lesaka Technologies has extended the long-stop date for its R1.1-billion acquisition of Bank Zero by nearly six months, to 31 January 2027, as the dual-listed fintech waits on the last of the regulatory consents needed to close the transaction. In a filing, Lesaka said it agreed with the sellers on 11 June to move the…

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