Technology

Profits Are Going Down

Profits Are Going Down

Technology group Allied Technology Limited claimed on Wednesday that the earnings of the company have gone down by 11% to 16% by the end of February.

Cape Town: The Next Big Site of Google

Google

A “tech incubator” has been kicked off in Cape Town by the lynchpin of technology, Google to boost the strategic partnership in South Africa. Confirming the news, Luke McKend, Google South Africa Country Manager, claimed that South Africa has been the budding ground of various growing companies Yola, MXit and Twangoo.

The Umbono programme is expected to collaborate the potential of its mentor team of Google along with the investment partners, techno brats and many business leaders to devise novel business ideas.

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Google invests 2.5 mln USD in Mandela project

Nelson Mandela

The people who are keen to know about Nelson Mandela, the former South African president, now can get it through internet easily. Now the personal records and documents of Nelson will be digitized and will be available online for the public.

This has been made possible after the deal between internet giant Google and Seardel and Nelson Mandela Foundation Center of Memory (NMFCM). Seardel is a local clothing and textile manufacturer. This has been confirmed by the foundation senior official.

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Telkom to offer voluntary packages to its employees to cut labor cost

Telkom to offer voluntary packages to its employees to cut labor cost

Analysts of the Telecommunications are of the opinion that voluntary packages offered to the employees would help reduce the labor cost of the company but would make no visible influence in the short term. This assessment by the analyst resulted in their assent to the Telkom’s plan of such offer.

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New electronic system has been revealed for tracking applications for mining rights

Department of Mineral Resources

The Department of Mineral Resources will be starting to accept prospecting rights once more in the month of March and unveiled a new electronic system for lodging applications to explore and mine, taking the human element largely out of the existing system for tackling perceptions of corruption.

The new system worth 3.4 million rand comes following a number of high-profile and damaging fights between firms and the department.

Twitter popularity in SA surprises the experts

Twitter

Managing Director of World Wide Max Mr. Arthur Goldstuck in an amazing revelation said that research made recently based on the mobile phone habits of the people in South Africa showed the use of Twitter a lot more than what was expected. The search revealed that more than 1 million people used the Twitter service in South Africa.

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Rise in data revenue lifts Vodacom

Vodacom

The price of the share for the VODACOM jumped by 5% to a price of R74, 50 yesterday on the news that the local data business actually grew by a third during the December quarter. According the sources and reports we do see that the average revenue for the prepaid grew by a significant margin of 22% to R 93 but as a result there was a steep decline in the contract revenue by 10% to a net value of R 408 due to the strong and tough rise in the lower end packages for the contracts.

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Growth seen in online shopping

online shopping

Almost fifty one of South Africans who can access the Internet are shopping online, and seventy five percent of those people have done so in the past three months, as revealed by the latest MasterCard worldwide survey.

The survey had shown further that the majority, almost eighty nine percent of South African online shoppers are quite satisfied with their overall online shopping experience.

All the figures mentioned above indicate that there is an improvement from the results shown in the previous years.

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Vint Cerf stated that Internet Armageddon is his entire fault

Google

The man who can be said to be the father of the internet stated that the world is going to run out of internet addresses within few days and it will be his entire fault.

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Web companies got a test of free speech from hackers

hackers

Unidentified hackers, on Wednesday, tried to hack into computers of Web companies that are suspected to have harmed WikiLeaks after it leaked a series of confidential diplomatic US documents. Firms like Visa, Master Card and PayPal who had cut down the facilities of people to donate to WikiLeaks got affected as hackers tried to block access to the firms' websites and services.

The hackers had taken help of social sites like Twitter and Facebook for organizing their efforts. For this incident the web majors got involved into dispute and got into a precarious situation.

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