Alphabet is shutting down Loon, its division that provides internet from floating balloons, according to a post on the blog of Alphabet’s X moonshot division. “The road to commercial viability has proven much longer and riskier than hoped,” Astro Teller, who leads X, wrote in the blog. “In the coming months, we’ll begin winding down operations...
FlashNews:
Red Bull F1 team signs with Gate.io as new crypto partner
TCL announces Vodacom Bulls Partnership, Uniting Technology and Sport
Balancing between Growth and Prudence: What might the 2025 Budget Speech deliver?
Frogfoot Networks Strengthens Market Position with Acquisition of ATC’s fibre business in South Africa
Cricket South Africa (CSA) announced Macron Sport as new official technical partner
Primedia Group appoints Bongumusa Makhathini as new CEO of Primedia Studios
AI: An Ally, Not an Enemy, of Strategic Thinking
Let generative AI take the stress out of Valentine’s Day planning
Fifpro partners with Sports Data Labs to let football players monetise data
Five strategies that will determine a fintech’s success in 2025 and beyond
Addressing Dire Delays in Cancer Treatment in South Africa Critical Undertaking to Restore Humanity
Hollard Insure appoints Andrew Coutts as the new (CEO) chief executive officer
Global Africa Business Initiative Calls for a Bold Reimagining of Africa’s Economic Narrative
Zapper launches ‘My Cards’ to accelerate loyalty in South Africa
MySociaLife launches free online safety program for SA pre-teens – on Safer Internet Day 2025
Royal AM FC Tax Controversy: Govchain shares 10-steps to help young entrepreneurs stay on the right side of the law
Spotify cuts marketing budget pledging focus on ‘accelerated execution’
Arsenal, Bayern Munich and PSG urged to end ‘blood-stained’ Visit Rwanda sponsorship deals
OPINION | ‘Ad Man’ Mike Abel’s Open Letter to all South Africans
SA Reserve Bank Kept Interest Rates (Un)changed at 3.5%
The South African Reserve Bank’s Monetary Policy Committee (MPC) has voted to hold rates. In its first meeting for 2021, the committee decided to keep the repo rate at 3.5% and the prime lending rate at 10%. The prime and base home loan rate remain at a historic low of 7.0%. The bank was widely...
Nigeria’s Biggest Bank Identified 8 African Countries for its Expansion
Access Bank Plc, Nigeria’s biggest lender, has identified eight African countries for a potential expansion as it seeks to benefit from a continental-wide free trade pact. Access Bank plans “to expand to high-potential markets, leveraging the benefits of the African Continental Free Trade Area,” Chief Executive Officer Herbert Wigwe said on an investor call on...
Music Producer Pharrell Williams Partner with Amazon for Educational Coding Collab
Pharrell Williams and his education equity nonprofit YELLOW have both teamed up with Amazon and Georgia Institute of Technology to announce a new educational collaboration aimed at inspiring young students to learn how to code. “Your Voice is Power” — a newly-generated campaign between Amazon Future Engineer, Amazon Music, and Georgia Tech — is the...