Home 2024 January

Month: <span>January 2024</span>

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Sevilla FC partners with IBM create generative AI tool to scout players

Sevilla FC partners with IBM create generative AI tool to scout players

Spanish soccer club Sevilla FC is working with IBM to integrate generative artificial intelligence (Gen AI) into their player recruitment processes. The LaLiga outfit has worked with the tech giant to create ‘Scout Advisor’ – an intelligent scouting tool that makes use of both conventional AI and Gen AI techniques. The tool (Scout Advisor)uses Watson’s natural language processing (NLP)...

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RM invests in leading climate tech company KOKO as part of carbon business growth

RM invests in leading climate tech company KOKO as part of carbon business growth

 RMB announced a strategic partnership with climate technology leader KOKO, where it has acted as the lead mandated arranger and financier for a pioneering carbon financing solution, to further propel KOKO’s climate objectives. In Africa, over 900 million people cook with polluting fuels like charcoal, directly driving millions of hectares of deforestation and over 600,000...

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PODCAST | Rethabile Mohlala’s Hot Takes on ShowMax’s Relaunch 

PODCAST | Rethabile Mohlala’s Hot Takes on ShowMax’s Relaunch 

Episode Notes: MultiChoice has relaunched ShowMax, its subsidiary and streaming service with new exclusive features to entice the end user to sign up and stay with the platform. The move is part of the streaming platform’s big ambition to compete with international streamers such as Netflix, Disney+, and Amazon Prime Video. Comcast, US media conglomerate...

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Salesforce reduces headcount and layoff 700 employees

Salesforce reduces headcount and layoff 700 employees

Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to hit the tech industry. However, the report added that Salesforce still has 1,000 jobs open across the company, implying that the move could be more of a...

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Botswana innovator Sarah Molema has been shortlisted for the Aurora Tech Award 2024

Botswana innovator Sarah Molema has been shortlisted for the Aurora Tech Award 2024

Sarah Molema, the innovative founder of Deaftronics (Pty) Ltd in Botswana, has been shortlisted for the 2024 Aurora Tech Award, a prestigious accolade honoring women founders combating gender inequality in the tech industry. Chosen from 649 applicants, Molema’s inclusion as one of the 20 global finalists not only highlights her personal achievements but also signifies...

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International Finance Corporation (IFC) and RMB partner with Liquid Tech to accelerate digital transformation in SA

International Finance Corporation (IFC) and RMB partner with Liquid Tech to accelerate digital transformation in SA

Liquid Intelligent Technologies, a business of Cassava Technologies will receive R450 million in funding from the International Finance Corporation (IFC) and Rand Merchant Bank (RMB) each for its South African operations. The total investment of R900 million will support universal and affordable broadband access in the Eastern Cape Fibre Project.  “The support and investment we...

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OPINION | Why software escrow gives SA FinTech developers the edge

OPINION | Why software escrow gives SA FinTech developers the edge

In large corporations, digital transformation is impacting every customer touchpoint, yet this rapid innovation for operational advancement could be what exposes them to operational risk. The uptake of bespoke third-party software solutions is essential to enable Financial Services and Insurance companies to meet the demands of their daily business operations. But what happens if your third-party...

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Artificial Intelligence [AI] causes a Long list of Layoffs in Big Tech companies

Artificial Intelligence [AI] causes a Long list of Layoffs in Big Tech companies

Notice anything lately? There have been a ton of layoffs among many major companies. From Google to Microsoft and eBay, it seems like everyone is trimming the fat at the beginning of 2024. 38% percent of business leaders surveyed by ResumeBuilder think layoffs are likely at their companies in 2024. Half of those surveyed cited concerns about a recession as...

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