PayInc CEO Stephen Linnell The Competition Commission in August recommended to the Competition Tribunal that the South African Reserve Bank’s proposed acquisition of a 50% stake in payments clearing house PayInc – previously BankServAfrica – be approved without conditions attached. The move radically changes the ownership structure of PayInc, the developer and manager of rapid…
Brendan McDermid/Reuters Google has unveiled a new line-up of Pixel smartphones and gadgets, intensifying its efforts to embed artificial intelligence across a wide ecosystem of products. The products were launched at the annual “Made by Google” event held in New York that diverged from its typical format to emphasise mainstream consumer appeal over technical details….
Lunga Siyo, CEO of Telkom Consumer. Telkom, South Africa’s third-biggest mobile operator, has set its sights on taking the competition to the Vodacom and MTN duopoly. This was the word yesterday from Lunga Siyo, CEO of Telkom Consumer, in an interview with ITWeb after the JSE-listed telecommunications company announced its annual financial results for the…
Mark Zuckerberg Mark Zuckerberg, the billionaire CEO of Meta Platforms, is setting up a team of experts to achieve so-called “artificial general intelligence” (AGI), or machines that can match or surpass human capabilities, Bloomberg News reported on Tuesday. Zuckerberg is building the new AI team in tandem with a reported investment of over US$10-billion in…
