Smartphone market hit by deepening memory crisis

Smartphone market hit by deepening memory crisis

Memory shortages will constrain sales of smartphones for some time, hurting demand for chip industry companies like supplier Qualcomm and chip architecture designer ARM Holdings, executives and analysts said on Wednesday as both companies reported results that disappointed investors. Among the world’s largest smartphone chip designers, Qualcomm is dealing with relatively tepid orders as customers…

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Makro opens online store for refurbished devices

Makro opens online store for refurbished devices

Laura Hartnady, VP Marketplace at Massmart. Makro has entered the refurbished technology market with the launch of Makro Restored, an online store offering pre-owned smartphones, tablets, laptops, smartwatches, desktops, audio equipment and gaming consoles. According to a statement, the new unit aims to make trusted, big-brand tech more accessible to South African consumers, through affordability,…

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Crypto markets reel as bitcoin slides

Crypto markets reel as bitcoin slides

Bitcoin was on the cusp of breaking below the key US$70 000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin fell 2% in early European trade, having dropped as much as 3.5% earlier during the Asian session to $70 052.38, its lowest level since November 2024. Ether, meanwhile,…

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South Africa is losing its film industry

South Africa is losing its film industry

Just a few years ago, the local film industry was booming. South African production was at record levels and getting global recognition. We were one of the world’s darling destinations for shooting foreign productions. Billions of rand came into the country and the Avengers landed in Joburg. Local work also thrived: Inxeba made the Oscar…

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Starlink considers building its own phone

Starlink considers building its own phone

Elon Musk. Gonzalo Fuentes/Reuters With a SpaceX public listing expected this year, the company has plans for its revenue-generating Starlink business that could expand its reach into new markets, including a Starlink phone, direct-to-device internet and a space-tracking service, sources familiar with the matter said. The star of Elon Musk’s empire, SpaceX is quickly expanding…

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From information to action: Why SA’s payments transformation needs local operational intelligence, not just global platforms

From information to action: Why SA’s payments transformation needs local operational intelligence, not just global platforms

Phil Boyall, Sales and Marketing Director at MoData. South Africa’s banking and payments sector is no longer transforming – it is running live, at speed under scrutiny. Regulatory modernisation, real‑time payment rails and rising financial crime complexity have removed tolerance for delay, uncertainty and operational fragility. What used to be absorbed by batch cycles, manual…

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Bitcoin faces another reckoning

Bitcoin faces another reckoning

Bitcoin made a 16-month low and tested key US$60 000 support on Friday as a global selloff in technology stocks deepened and washed out risky bets across asset classes. The world’s largest cryptocurrency was last up 1.64% at $64 153.24 in volatile trade, swinging between gains and losses after having hit a low of $60 008.52 earlier in…

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