World Economic Forum founder professor Klaus Schwab and UJ vice-chancellor and principal professor Letlhokwa Mpedi. (Image supplied) Professor Klaus Schwab, World Economic Forum (WEF) founder and former chairperson, has urged local youth to pursue purposeful social entrepreneurship. This, as the emergence of artificial intelligence (AI) is anticipated to create new categories of social entrepreneurship, according…
Payfast founder Jonathan Smit has acquired payment technology provider iVeri, marking a shift in South Africa’s fintech sector. Jonathan Smit | image supplied The deal brings together iVeri’s nearly 30-year track record in payment infrastructure with Smit’s experience in building and scaling digital payment platforms. Smit, who founded Payfast in 2007, led the business for…
Three world-class innovators are the founder licensors of the new Point of Sale (POS) patent pool, covering 2G to 5G technology, which Sisvel has launched today. Huawei, LG Electronics and Nokia have made their standard essential patents (SEPs) reading on cellularly connected POS devices available through the programme, so simplifying access to the increasingly ubiquitous…
Defense spending has been the talk of Singapore’s Airshow this week but that’s not an accurate way to measure military strength, Palmer Luckey, founder of defense tech firm Anduril Industries, said on CNBC’s “Squawk Box Asia” Wednesday. That comes after U.S. President Donald Trump in January expressed interest in raising the U.S military budget to…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Valentino, founder of Italian luxury empire, dies at the age of 93 02:41 UP NEXT At least 39 dead, dozens injured in high-speed train collision in Spain 00:33 Trump hits Denmark and 7 other U.S. allies with tariffs,…
Kabelo Ncholo’s entrepreneurial journey is filled with hard knocks, tough lessons, inspiration and great successes. Born into humble circumstances in the village of Bapong (Gelukspan) in the North West, raised by a single mother, and starting adult life fending for himself in Johannesburg, he built Y-Brand from a R350 restaurant tip into a leading marketing,…
Carles Reina, GTM manager at Eleven Labs, shared why he invested in AI company. Eleven Labs The angel investor who backed a billion-dollar AI startup when it was still in its infancy said he decided to invest in the company after just 30 minutes of meeting one of its founders. Carles Reina first decided to…
Changpeng “CZ” Zhao. Tyrone Siu/Reuters US President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange, the White House said on Thursday, in the latest move by Trump to boost the crypto industry and expunge its past misdeeds. Zhao, a billionaire known as “CZ” who is one of the most…
Daniel Ek, the founder and CEO who built Spotify into a global streaming leader, will step down from his executive position in January to become the company’s Executive Chairman. The move is part of a major structural overhaul that introduces a co-CEO model as Spotify intensifies its efforts to fend off competitors and shore up…
Daniel Ek on stage in 2024. Laure Andrillon/Reuters Spotify founder-CEO Daniel Ek will step down to become executive chairman in January, the Swedish streaming company said on Tuesday as it named long-time executives Gustav Soderstrom and Alex Norstrom as co-CEOs. The leadership change comes as Spotify expands into podcasts and audiobooks amid questions over how…
