Huawei Technologies unveiled its Mate 90 smartphone series on Thursday, betting on its in-house operating system and a redesigned chip architecture to boost performance in the face of US curbs on shipments of advanced semiconductors. Speaking to reporters on Tuesday ahead of the launch, Huawei consumer business chief Richard Yu said the company still faces…
BMW has set out a restructuring plan on Wednesday centred on AI, management cuts and two new model launches as the German luxury automaker seeks to restore investor confidence after a string of profit warnings and a deep slump in its share price. As Europe’s car industry struggles with weak demand, Chinese competition and US…
The US International Development Finance Corporation said on Wednesday it would invest up to US$155-million in African digital infrastructure provider Wiocc Group, underscoring Washington’s support for projects seen as critical to the expansion of US technology companies. Washington has increasingly backed telecommunications and digital infrastructure projects in Africa as it seeks to provide alternatives to…
A teleprompter operator for President Donald Trump who made online prediction trades based on information from upcoming speeches has been ordered to pay $172,000, a federal agency said Friday night. Gabriel Perez used “material, nonpublic information” he obtained through his job to place “trades” on a prediction market, the Commodity Futures Trading Commission said in…
Brunswick Corp., a global leader in boat manufacturing and recreation on the water, is counting on advanced technology to help with stalling sales. The parent company of Sea Ray, Boston Whaler and other boat brands, says advanced navigation technology and autonomous docking can take some of the complexity out of maneuvering a vessel around a…
Prof Reitze Rodseth, head of clinical data innovation and research at Netcare Netcare is applying to the South African Health Products Regulatory Authority for approval of an AI system designed to predict early warning signs of life-threatening deterioration in hospital patients, following a clinical study in the group’s intensive care and high care units. The…
Prakriti Singh, regional executive vice president for core payments at Mastercard Mastercard will not disclose what it earns when a transaction settles in stablecoins rather than over its card rails, and it will not predict whether AI shopping agents will grow or shrink the volumes moving across its network. What it will say – repeatedly…
Brain-computer interfaces, a nascent technology, establishes a direct link between human minds and devices. BrainCo Elon Musk’s Neuralink, which uses implants in people’s heads to compensate for disabilities, has become the poster child for so-called brain-computer interfaces (BCI). But some companies are betting that mass-market neural tech won’t require opening the skull at all. BCI…
The long-term goal for Takealot Fulfilment Solutions is to eventually take on the sector’s big and established logistics players. South Africa’s largest e-commerce retailer is looking beyond online shopping for its next growth phase, with Takealot Group positioning its standalone logistics arm, Takealot Fulfilment Solutions (TFS), as a major future revenue driver. The logistics business,…
Takealot Group CEO Frederik Zietsman Takealot Group is not treating Amazon’s arrival in South Africa as a threat to be survived so much as a contest just getting under way. “We’ve studied enough global scenarios to realise that with the launch of [Amazon Prime], it’s not the end of the game, it’s the start of…
