Author: Gugu Lourie
IT giant IBM has acquired myInvenio, an Italian startup that builds and operates process mining software. myInvenio provides customers with a comprehensive AI-powered automation portfolio for business automation – including process mining, robotic process automation (RPA), document processing, workflow, and decisions – all built on Red Hat OpenShift. Process mining software can help organizations easily capture information from enterprise transaction systems and provides detailed — and data-driven — information about how key processes are performing. With the acquisition of myInvenio, IBM will help companies overcome the challenge of streamlining business processes that are cumbersome or create bottlenecks, slowing down innovation and…
Dell Technologies announced plans to spin off its 81% equity ownership of VMware, forming two standalone public companies. The tech firm acquired VMware as part of the $67 billion (R963 billion) EMC acquisition in 2015. Under terms of the planned spin-off, VMware will distribute a special cash dividend of $11.5 – $12 billion (R172 billion) to all its shareholders and those of VMware. VMware will continue to use Dell Financial Services to help its customers finance their digital transformations. “By spinning off VMware, we expect to drive additional growth opportunities for Dell Technologies as well as VMware, and unlock significant value for stakeholders,” said Michael Dell, chairman and…
Vodacom has launched VodaLend Voucher Advance, which allows its customers to buy food and appliances on credit through VodaLend. Through Voucher Advance, Vodacom customers can choose to ‘pay now’ and buy vouchers at a discounted rate or get an advance and ‘pay later’. Qualifying Vodacom customers can access an interest-free advance on a Nando’s voucher starting from R25, or an R250 advance on vouchers from Hirsch’s. Hirsch’s is the biggest home appliances store in South Africa with branches nationwide. Once a voucher has been issued, customers will have 30 days to pay back their Voucher Advance. Vouchers are valid for…
To understand the new smart monitors and other pro devices of tech health, we should look to Silicon Valley and the quantified movement of the latest generation. Apple’s Watch records exercise, tracks our moves throughout the day, assesses the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cook’s “sitting is the new factor” line. Routinely evaluating your risk factors for various medical conditions, screening for cancer and other diseases, and assessing your lifestyle habits helps you stay healthy. It’s…
To understand the new smart monitors and other pro devices of tech health, we should look to Silicon Valley and the quantified movement of the latest generation. Apple’s Watch records exercise, tracks our moves throughout the day, assesses the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cook’s “sitting is the new factor” line. Routinely evaluating your risk factors for various medical conditions, screening for cancer and other diseases, and assessing your lifestyle habits helps you stay healthy. It’s…
To understand the new smart monitors and other pro devices of tech health, we should look to Silicon Valley and the quantified movement of the latest generation. Apple’s Watch records exercise, tracks our moves throughout the day, assesses the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cook’s “sitting is the new factor” line. Routinely evaluating your risk factors for various medical conditions, screening for cancer and other diseases, and assessing your lifestyle habits helps you stay healthy. It’s…
EOH turnaround plan is slowly starting to pay off as the JSE-listed technology group narrows headline loss for the six months ended 31 January 2021. The company said total headline loss per share (HEPS) improved by 83%, with losses narrowing from 350 cents per share to 60 cents per share. HEPS is South Africa’s main profit gauge. EOH said it is making a headline loss because of its over-indebted capital structure and inefficient legal entity structure. The management team continues to address this as a core focus area. Revenue was R4.4-billion, from R6.2-billion in the prior six-month period, EOH said. EOH…
Facebook or Instagram users can now appeal content to the self-styled Oversight Board which they want to be removed. For now, users could only appeal to have content restored to the platform after it had been removed by Facebook moderators. Content eligible for appeal to the board still includes posts/statuses, photos, videos, comments, and shares. “The Board will use its independent judgment to decide what to leave up and what to take down. Our decisions will be binding on Facebook,” the Oversight Board said in a statement on Tuesday. From today, this option is being rolled out and will be…
To understand the new smart monitors and other pro devices of tech health, we should look to Silicon Valley and the quantified movement of the latest generation. Apple’s Watch records exercise, tracks our moves throughout the day, assesses the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cook’s “sitting is the new factor” line. Routinely evaluating your risk factors for various medical conditions, screening for cancer and other diseases, and assessing your lifestyle habits helps you stay healthy. It’s…
How much is Epic Games valued as a unicorn? The maker of popular game Fortnite announced today that it completed a $1 billion (R14,5 billion) round of funding, which will allow the company to support future growth opportunities. Epic’s equity valuation is now $28.7 billion (R422 billion). This round includes an additional $200 million (R2,9 billion) strategic investment from Sony Group Corporation, which builds on the already close relationship between the two companies and reinforces their shared mission to advance the state of the art in technology, entertainment, and socially-connected online services. Other investment partners include Appaloosa, Baillie Gifford, Fidelity…