1GLOBAL API technology powers the Odido SimWallet 1GLOBAL, a technology-driven global mobile communications provider, has partnered with leading Dutch mobile operator Odido to power the launch of SimWallet, a standalone mobile app for eSIM connectivity. SimWallet was introduced into the Dutch market in April this year. It provides near-instant access to Odido’s 5G network in…
Nvidia notched a market capitalisation of US$4-trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street’s most-favoured stocks. Shares of the leading chip designer rose as much as 2.4% to US$164, benefiting from the ongoing surge in demand for artificial…
Online marketplace Temu has announced the launch of a local warehouse in South Africa, a move it says will significantly speed up delivery times for shoppers. Items available from this new facility are tagged as “local,” promising delivery within two days, including next-day options. Interestingly, Temu’s platform doesn’t specify which courier will handle these local…
In a surprise development, Elon Musk-owned social platform X’s CEO, Linda Yaccarino, has said she has resigned from the role. Her exit comes at a difficult time for Musk, who is dealing with falling sales at his electric vehicle maker Tesla and is embroiled in a war of words with US President Donald Trump. Yaccarino…
Apple is reportedly in talks to acquire the US broadcast rights for Formula 1 when the current contract expires next year, according to a report from the Financial Times. This move comes on the heels of the strong box office performance of Apple’s F1 film, F1: The Movie, starring Brad Pitt, which has grossed an…
The Department of Home Affairs will shortly submit the digital identity policy to Cabinet. The Department of Home Affairs (DHA) will “shortly” submit the digital identity (ID) policy to Cabinet for approval to conduct public hearings. This is according to home affairs minister Dr Leon Schreiber, delivering the department’s budget vote in Parliament yesterday. The…
SpaceX subsidiary Starlink has first-mover advantage in the low-Earth orbit (LEO) satellite broadband market, but many well-funded competitors are snapping at its heels, including some from China. As of last month, Starlink had some 7 800 satellites in orbit, accounting for more than 65% of all active LEO constellations. Starlink has already sought regulatory approval to…
Stitch has announced that it has acquired Efficacy Payments, enabling it to offer card acquiring services directly to merchants as a designated clearing system participant (DCSP) and provide more seamless and cost-effective transactions. Image supplied “We’re excited to welcome the Efficacy team into the Stitch Group and offer this critical solution to the merchants we…
Cape Town-based fintech Stitch has announced its second major acquisition this year, coming less than three months after securing a R1-billion fundraising round. The company, which emerged from stealth in February 2021, has now raised a total of US$107 million in funding, including its recent Series B round of $55 million. Read: Bandwidth Blog &…
Legacy network usage remains high in SA, and the path to shut down 2G and 3G networks is complicated. New market analysis signals a challenge for South Africa’s operators and cellphone users, if plans to sunset 2G and 3G networks by December 2027 forge ahead. This is according to Opensignal, which states South African smartphone…
