Neuralink, the futuristic brain-computer interface company founded by Elon Musk, said it has raised $205 million in fresh venture backing, by far the biggest haul of any company in its field. Source: BusinessTech
The mass adoption of cloud services and the pressure to consolidate vendors along with the tightening of budgets due to the ongoing COVID pandemic is creating the risk of security monocultures that could put organisations at greater risk. Source: BusinessTech
The latest Household Affordability Index by the Pietermaritzburg Economic Justice & Dignity group (PMBEJD) shows that food prices have increased marginally in July – but basket prices have outpaced inflation by some margin over the last 11 months. Source: BusinessTech
200 million people around the world have been confirmed infected with COVID-19 since its outbreak – nearly 2.5 million of which have been recorded in South Africa Source: BusinessTech
Rioters and looters grabbed as much as R20 million in cash as they destroyed hundreds of ATMs during the wave of unrest that swept through KwaZulu Natal and parts of Gauteng in July. Source: BusinessTech
South African finance minister Tito Mboweni wants to forge ahead with long-touted plans to establish a state bank and suggested the government take up the central bank’s stake in African Bank Holdings Ltd and use it as a building block for the new lender. Source: BusinessTech
The Morgenhof Wine Estate that lies on the slopes of the Simonsberg in Stellenbosch is set to go on auction in August 2021 for the first time in the winery’s 329-year history. Source: BusinessTech
WeBuyCars founder, Faan van der Walt says that his business has recorded substantial growth in online trading, due in main to the many lockdown constraints enforced by the government to curb the spread of Covid-19. Source: BusinessTech
Nokia Oyj added more than $2 billion to its market value on Thursday after surprising investors with a bigger profit upgrade than expected. Source: BusinessTech
Euphoria Telecom has made communication even more seamless for anyone looking to integrate call, chat and collaboration functionality into one easy “work from anywhere” communication solution. Source: BusinessTech
