As we pull ourselves out of the ditch that was 2020, there are a few major themes of the future I’m particularly excited about. I’m sharing them as a way to connect more dots, meet more founders, and solicit input to further develop these ideas. No surprise, some of the companies I mention within these...
Year: <span>2020</span>
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Oprah Winfrey Sells 95% of OWN Cable Network Stake For $36M, Remains CEO
Oprah Winfrey continues to show that she is indeed where the money resides! This time around she’s sold some of her ownership of the OWN cable network — 20.5 percent to the network’s majority owner, Discovery. Forbes reports Winfrey has sold that percentage of her share in the network in exchange for 1.34 million shares of...
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What to Expect this January on Netflix?
Happy New Year and farewell to 2020. 2021 is here and while we wait for the COVID vaccine to rollout, Netflix has us covered. You can look forward to the 5 badass fairies from Fate: The Winx Saga kicking evil ass, while Bean comes back to step up her princess game in Disenchantment: Part 3. The...
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Twitter Makes their API available for Developers
Twitter is rolling out new features to its developer community with an update to its recently rebuilt Twitter API. One addition to the now expanded collection of API v2 endpoints will allow app developers to eventually better support Twitter’s newer conversation controls — the feature that allows users to specify who can reply to their...
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Fitch has Upgraded the ratings of five SA big Banks
Fitch Ratings has upgraded five South African banks’ Long-Term Ratings to AA+ with a stable outlook. The five banks are Absa, Investec, Nedbank, Standard Bank and FNB. This reflects an improvement in their creditworthiness relative to the best credits in the country. Fitch says the banks have significant headroom to withstand current pressures. It also says their...
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Woolworths to Introduce Woolies Dash, same-day delivery service
On Wednesday, Woolworths announce the “trial launch” of its same-day grocery delivery service, Woolies Dash. The service will be a direct competitor to Checkers’ hugely popular Sixty60, which has been eating its competitors’ lunch. While buying online groceries from Woolworths and Pick n Pay involves booking delivery slots well in advance, Checkers capitalised on the...
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Some Thoughts on GDP writes Kanthan Pillay
I was asked a question: “Would I be right in saying GDP is not always a good indicator of an economy?” My response: “GDP is an important piece of a larger puzzle which should never be looked at in isolation.” Here’s a brief explainer: GDP (gross domestic product) is the value of services provided and goods produced in a year. There...
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SA Banks Process Debit Orders Earlier than Usual
South African banks have come under fire for processing December debit orders earlier than usual. But even as account holders express shock and frustration, financial service providers say it’s common for accounts to be debited early during the festive season If you’ve got debit order agreements with various companies, there’s a good chance that some...
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Apple to Start Manufacturing Self-driving Cars in 2024
Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters. The iPhone maker’s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from...
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Uber Eats Drivers Demand a R2 Increase in their Rates
Uber Eats drivers are urging the food delivery service company to provide some reprieve for them after announcing a new payment structure which could result in lower wages for workers. Some drivers are on strike because they’re unhappy with changes initiated by the company without consultation. In Gauteng, drivers held a demonstration and urged their...