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Bitcoin Surges to Record Price Post $1.5 Billion Telsa Investment
Bitcoin reached a new high of $47,000 after Tesla invested $1.5 billion into the cryptocurrency. The electric car manufacturer says that it will “begin accepting bitcoin as a form of payment” for its products in the future. In a report, Telsa says “in January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, we may invest a portion of such cash in certain specified alternative reserve assets.” “Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limit...
Elon Musk Tweet causes Dogecoin Price to Soar
Image sourced from Hypebeast Elon Musk is making headlines after causing the price of Dogecoin to surge to an all-time high. On Sunday, the tech entrepreneur tweeted “Who let the Doge out”, resulting in a 53% rise over the last 24 hours. Dogecoin’s record value is now 8.2 cents with a market value of $10 billion – making it the 8th biggest cryptocurrency, according to Bloomberg. 🎶 Who let the Doge out 🎶 — Elon Musk (@elonmusk) February 7, 2021 Dogecoin was introduced in 2013 as a joke. Initially, founders Jackson Palmer and Billy Markus wanted to satirize the growth of altcoins by turning the doge internet meme into a cryptocurrency. /* custom css */ .tdi_3_667.td-a-rec-img{ text-align: left; }.tdi_3_667.td-a-rec-img img{ margin: 0 auto 0 0; } Their joke quickly grew in pop...
AstraZeneca Vaccine Only ‘Minimally Effective’ Against South African COVID-19 Variant, says Researchers
Image sourced from TimesLIVE The AstraZeneca COVID-19 vaccine has proven ‘minimally effective’ against the South African variant, according to the Wits Vaccines and Infectious Diseases Analytics (VIDA) research unit. So far, South Africa has received one million doses of the Oxford/AstraZeneca vaccine. In an official report, researchers from South Africa and the UK found that “viral neutralisation by sera induced by the ChAdOx1 nCoV-19 coronavirus vaccine against the B.1.351 coronavirus variant were substantially reduced when compared with the ‘original’ strain of the coronavirus”. /* custom css */ .tdi_3_ec0.td-a-rec-img{ text-align: left; }.tdi_3_ec0.td-a-rec-img img{ margin: 0 auto 0 0; } Professor of Vaccinology at the University of Oxford, Sarah Gilbert revealed that efforts are alrea...
3 Tech Trends that will Transform 2021
2020 can be defined by dramatic change. On every front, from health to economic, political to social, the pandemic has forced individuals and businesses to adapt in a hurry. The long-term effects will not be truly understood for at least another year, but in the short term, some more agile businesses are making quick decisions and shifting priorities. How? With the ability to transform quickly thanks to two enablers – a culture where change is anticipated, and a stable platform of digital capabilities. Take DHL Express, for example: Suddenly faced with the unprecedented growth of online shopping deliveries, it quickly scaled its IT platform to fulfil this demand. Or Philips, which invested in best-in-class process excellence to ensure business continuity and well-documented enterprise arch...
TikTok Launches Android TV App
Sourced from Cosmico TikTok has launched an Android TV app, available from the Google Play Store – making it even easier for users to spend hours watching shortform videos. According to 9to5Google, the TikTok app works similarly to the regular app where “videos are shown in a feed [and users] can flip through to see more content”. The difference is that using the Android app, users will see a vertical version of the video with the title, category, and comments off to the side of the screen. /* custom css */ .tdi_3_806.td-a-rec-img{ text-align: left; }.tdi_3_806.td-a-rec-img img{ margin: 0 auto 0 0; } “[Our] shortform videos are fun, genuine and creative. And now, we’re bringing that fun content to your television,” reads an official statement from TikTok. “Whether you’re a sports fanatic, ...
Telkom Group Appoints New CFO
Telkom has announced the appointment of Dirk Reyneke as Chief Financial Officer – to be taken on with immediate effect. He succeeds Tsholofelo Molefe who has resigned to join MTN Group. According to TechCentral, Reyneke was previously CFO of Telkom’s wholesale division, Openserve, and before that, he was CFO of its property business, Gyro. He was also a director of finance and operations at ABSA. The company has also announced changes to its board which include naming Kholeka Mzondeki as the chair of its social and ethics committee, Fagmeedah Petersen-Cook to a member of the nominations committee and Keith Rayner to the investment and transactions committee. Airtel Africa and Telkom Under Investigation by the Communications Authority of Kenya Airtel Africa and Telkom have been placed under...
Top 5 Telephony Trends to Expect in 2021
2020 highlighted the importance of secure, reliable communications networks. Following a revealing year that made digital communication channels and remote working the norm, there are a few tech trends that are likely to play out over the foreseeable future. With this in mind, Nic Laschinger, CTO of Euphoria Telecom, has shared five telephony trends to expect in 2021: 1. Farewell to the landline As the world embraces digital communication systems, the traditional landline is being left behind. Telkom’s recent discontinuation of its copper line-based ADSL service is yet another strong indicator that South Africa is moving more towards higher bandwidth, more reliable connectivity solutions. In South Africa, between 20 and 22 million people in South Africa use smartphones. And an ever-increas...
Xiaomi Unveils Device with Quad-Curved Waterfall Display
Xiaomi has shared the first look of its quad-curved waterfall screen concept smartphone. The device is said to “extend the limits of the display to infinity” thanks to its 88-degree all-round curves. An official tweet from the company reads, “Meet our first #QuadCurvedWaterfallDisplay concept smartphone. Everything you see on the display flows over the edges smoothly and seamlessly, just like water.” Meet our first #QuadCurvedWaterfallDisplay concept smartphone. Everything you see on the display flows over the edges smoothly and seamlessly, just like water. 🌊 #InnovationForEveryone pic.twitter.com/8pwo80qKhl — Xiaomi (@Xiaomi) February 5, 2021 /* custom css */ .tdi_3_d09.td-a-rec-img{ text-align: left; }.tdi_3_d09.td-a-rec-img img{ margin: 0 auto 0 0; } The concept device feat...
