Facebook is working on a tool that will automatically read news articles for users and generate brief summaries, BuzzFeed reports. The feature was announced during an end-of-year company all-hands meeting, the report said. Chief Technology Officer Mike Schroepfer presented the tool, which will be called “TLDR” (Too Long Didn’t Read, an acronym commonly used online), the publication...
Year: <span>2020</span>
Post
Post
‘Too many MBAs’ is a Problem for Business – Elon Musk
Tesla and SpaceX founder Elon Musk says the biggest problem with corporate America today is that too many business school graduates are running the show. “I think that there might be too many MBAs running companies,” Musk said Tuesday at the WSJ CEO Summit. This “MBA-ization of America,” isn’t great, Musk said, especially when it comes...
Post
Prince Harry and Meghan Markle Signed Exclusive Deal with Spotify
Prince Harry and Meghan Markle are podcasters now. Spotify (SPOT) announced on Tuesday an exclusive partnership with Archewell Audio, a new, audio-first production company founded by The Duke and Duchess of Sussex. The deal allows the couple to grow their streaming and media footprint. It’s their latest investment since they announced in January that they were stepping back from...
Post
New Jobs Portal to Assist Unemployed South Africans to Get Access to work
Youth looking for employment can now access learning and work opportunities on government’s newly launched portal, SAYouth. The SAYouth initiative is part of Cyril Ramaphosa’s Presidential Youth Employment Intervention Project. It is supported by the Harambee Youth Accelerator Programme, the labour and education departments, the National Youth Development Agency as well as the Development bank...
Post
A New Visa Credit Card Offers Bitcoin Rewards Instead of Cash
Visa Inc. is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin rather than airline miles or cash. Users of the Bitcoin Rewards Credit Card will receive 1.5% of their purchases back in the world’s most-valuable digital asset, and a lump sum $250 in the crypto-asset if they spend more than $3,000...
Post
Nigeria High Inflation Rate and the Rise of Food Costs
Nigerian inflation quickened to an almost three-year high in November as dollar shortages, insecurity in farming areas and supply bottlenecks stoked food prices. Consumer prices rose 14.9% from a year earlier, compared with 14.2% in October, the Abuja-based National Bureau of Statistics said Tuesday in a report published on its website. That matched the median...
Post
Nova Pioneer Midrand Making A Difference in Alex
In celebration of ‘Make A Difference Day’ earlier this year, Nova Pioneer Midrand students successfully embarked on a book collection drive with the hope of donating their books to a school based in the Alexandra township, North of Johannesburg this December. The learning model of the Nova Pioneer schools fosters a great love of reading...
Post
Kaizer Motaung Presented with Lifetime Achievement Award at GQ Awards 2020
The GQ Men of the Year Awards recognises the men and women who shape our cultural landscape. This is the brand’s second GQ Men of the Year awards event held in South Africa and on the African continent. “As a brand, we are thrilled to showcase all the best that South Africa and Africa has...
Post
Alibaba Fined for not Reporting Deals to Chinese Regulators
China’s market regulator has fined Alibaba and a Tencent-backed company for not making the proper declarations to authorities about past acquisitions, in another sign Beijing is taking a tougher stance on the country’s tech giants. Alibaba, Tencent-backed China Literature, and Shenzhen Hive Box Technology were each fined 500,000 yuan ($76,463) by the State Administration for Market Regulation (SAMR)....
Post
President Cyril Ramaphosa has Announced New Lockdown Restrictions
On Monday evening, President Cyril Ramaphosa announced new lockdown regulations, and added to the national hot spot list. The Sarah Baartman district, and the Garden Route district have now also been declared as hot spots, along with the Nelson Mandela Bay municipality. These are the new national lockdown rules from midnight tonight: Beaches All beaches...