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Samsung Electronics shares slide as Note 7 recall takes toll

00SEOUL Samsung Electronics Co Ltd’s (005930.KS) shares fell to their lowest level in nearly two months on Monday after the tech giant told customers to switch off and return their new Galaxy Note 7 smartphones due to fire-prone batteries. Investors had wiped 15.9 trillion won (14.3 billion) off the South Korean firm’s market capitalization as…

Connecting Cities in the Cloud

00GLOBAL While smart cities have held a great deal of promise for many years, they are only beginning to come to fruition now. This is due to the fact that we now have the network connectivity and the backend storage and compute infrastructure to unleash their full potential. This bodes well for municipalities and governments…

Building a digital culture to differentiate your organisation

00AFRICA Organisations are today routinely investing in digital to enhance the customer experience. However, to be truly digital on the outside, organisations need to first be digital on the inside. Maintaining innovation and differentiation in an increasingly hyper-connected world will require a strong digital culture. Organisations, too, will need a digital culture to attract and…

Embracing ICTs can boost national revenue’

00HARARE Embracing information communication technologies can enhance national revenue collection, as the degree of efficiency of a country’s tax administration can make or break the economy, a senior official with the Zimbabwe Revenue Authority has said. ZIMRA acting commissioner general Happias Kuzvinzwa, who is also chairman of African Tax Administration Council, noted that ICTs can play…

Telecoms sector revenue declines 11.8% to $237.77 mln in Q1

00HARARE Mobile network operators reported a 12.3% decline in revenues in the first quarter to $167.7 million as the general economic environment and Over-the-Top services continue to affect performance. Revenue in the previous quarter was at $191.1 million. According to the Postal and Telecommunications sector report for the first quarter total voice traffic declined 14.2%…

Facebook to remove clickbait headlines from the newsfeeds

00Facebook has announced plans to identify and remove clickbait headlines from the newsfeeds of its 1.7 billion users. Clickbait headlines—those designed to deliberately mislead people or leave out crucial information so that they click on the article—have grown in popularity in parallel with the rise of social media in recent years. “Our goal with News…

Every third company uses mobile devices for financial transactions

00According to a joint survey conducted by Kaspersky Lab and B2B International, over 30% of companies globally use mobile devices to access corporate bank accounts and to make financial transactions. One in every two top managers put money into corporate accounts via a mobile banking app. The survey found that business representatives were increasingly making…

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